Allegro MicroSystems (NASDAQ:ALGM – Get Free Report) issued an update on its first quarter 2025 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 0.020-0.030 for the period, compared to the consensus estimate of 0.020. The company issued revenue guidance of $166.0 million-$168.0 million, compared to the consensus revenue estimate of $165.4 million. Allegro MicroSystems also updated its Q1 guidance to $0.02-0.03 EPS.
Allegro MicroSystems Price Performance
Shares of ALGM stock traded down $2.53 on Wednesday, reaching $25.13. The company’s stock had a trading volume of 3,081,940 shares, compared to its average volume of 1,590,247. The company has a quick ratio of 3.48, a current ratio of 4.85 and a debt-to-equity ratio of 0.22. Allegro MicroSystems has a 12-month low of $23.64 and a 12-month high of $52.26. The company has a market capitalization of $4.87 billion, a P/E ratio of 31.97 and a beta of 1.67. The stock’s 50 day simple moving average is $29.65 and its 200-day simple moving average is $28.92.
Allegro MicroSystems (NASDAQ:ALGM – Get Free Report) last released its quarterly earnings results on Thursday, May 9th. The company reported $0.19 earnings per share for the quarter, beating analysts’ consensus estimates of $0.17 by $0.02. Allegro MicroSystems had a return on equity of 20.67% and a net margin of 14.55%. The business had revenue of $240.58 million for the quarter, compared to the consensus estimate of $235.00 million. As a group, equities analysts predict that Allegro MicroSystems will post 0.23 earnings per share for the current fiscal year.
Analyst Ratings Changes
Read Our Latest Analysis on ALGM
Insider Buying and Selling
In related news, Director Richard R. Lury sold 8,500 shares of the firm’s stock in a transaction dated Thursday, May 30th. The stock was sold at an average price of $30.00, for a total value of $255,000.00. Following the sale, the director now directly owns 23,001 shares of the company’s stock, valued at $690,030. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.50% of the stock is owned by insiders.
About Allegro MicroSystems
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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