Allegro MicroSystems (NASDAQ:ALGM – Get Free Report) will be posting its quarterly earnings results before the market opens on Thursday, May 9th. Analysts expect Allegro MicroSystems to post earnings of $0.21 per share for the quarter. Parties that wish to register for the company’s conference call can do so using this link.
Allegro MicroSystems (NASDAQ:ALGM – Get Free Report) last released its quarterly earnings data on Thursday, February 1st. The company reported $0.27 earnings per share for the quarter, beating the consensus estimate of $0.24 by $0.03. The business had revenue of $254.98 million for the quarter, compared to analysts’ expectations of $255.00 million. Allegro MicroSystems had a return on equity of 23.84% and a net margin of 21.14%. On average, analysts expect Allegro MicroSystems to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Allegro MicroSystems Trading Down 3.0 %
NASDAQ ALGM opened at $28.81 on Thursday. The stock has a market capitalization of $5.56 billion, a price-to-earnings ratio of 25.27 and a beta of 1.82. The stock’s 50 day moving average price is $28.45 and its two-hundred day moving average price is $28.38. The company has a debt-to-equity ratio of 0.22, a quick ratio of 3.19 and a current ratio of 4.57. Allegro MicroSystems has a 52 week low of $24.66 and a 52 week high of $53.05.
Analyst Ratings Changes
Read Our Latest Stock Report on ALGM
Allegro MicroSystems Company Profile
Allegro MicroSystems, Inc, together with its subsidiaries, designs, develops, manufactures, and markets sensor integrated circuits (ICs) and application-specific analog power ICs for motion control and energy-efficient systems. Its products include magnetic sensor ICs, such as position, speed, and current sensor ICs; power ICs comprising motor driver ICs, regulator and LED driver ICs, and isolated gate drivers; and photonic and advanced 3D sensing components.
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