Page 8 - Nasdaq Algm News Today

Allegro MicroSystems (NASDAQ:ALGM – Get Rating) issued an update on its first quarter 2022 earnings guidance on Monday morning. The company provided earnings per share guidance of $0.22-$0.23 for the period, compared to the consensus earnings per share estimate of $0.22. The company issued revenue guidance of $205.00 million-$210.00 million, compared to the consensus revenue […]

Wall Street brokerages expect Allegro MicroSystems, Inc. (NASDAQ:ALGM – Get Rating) to report sales of $207.50 million for the current quarter, Zacks reports. Two analysts have provided estimates for Allegro MicroSystems’ earnings. Allegro MicroSystems posted sales of $188.14 million during the same quarter last year, which would indicate a positive year over year growth rate […]

Equities analysts predict that Allegro MicroSystems, Inc. (NASDAQ:ALGM – Get Rating) will report $207.50 million in sales for the current fiscal quarter, according to Zacks. Two analysts have issued estimates for Allegro MicroSystems’ earnings. Allegro MicroSystems posted sales of $188.14 million during the same quarter last year, which suggests a positive year-over-year growth rate of […]

Brokerages expect Allegro MicroSystems, Inc. (NASDAQ:ALGM – Get Rating) to report $0.22 earnings per share (EPS) for the current fiscal quarter, Zacks Investment Research reports. Two analysts have provided estimates for Allegro MicroSystems’ earnings. Allegro MicroSystems reported earnings of $0.18 per share in the same quarter last year, which would indicate a positive year-over-year growth […]

Equities research analysts expect Allegro MicroSystems, Inc. (NASDAQ:ALGM – Get Rating) to announce earnings per share of $0.22 for the current quarter, according to Zacks. Two analysts have made estimates for Allegro MicroSystems’ earnings. Allegro MicroSystems reported earnings per share of $0.18 during the same quarter last year, which would suggest a positive year over […]

Advanced gate driver technology significantly expands Allegro’s served addressable market in electric vehicles, solar and charging infrastructure...

Allegro MicroSystems, Inc. (NASDAQ:ALGM – Get Rating) has earned an average recommendation of “Buy” from the nine analysts that are covering the company, MarketBeat.com reports. Eight equities research analysts have rated the stock with a buy recommendation. The average 12 month price target among analysts that have issued ratings on the stock in the last […]

MANCHESTER, N.H., May 27, 2022 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (“Allegro”) (NASDAQ: ALGM), a global leader in sensing and power...

Allegro MicroSystems, Inc. (NASDAQ:ALGM – Get Rating) Director Joseph R. Martin sold 8,278 shares of the firm’s stock in a transaction dated Monday, May 23rd. The shares were sold at an average price of $24.17, for a total transaction of $200,079.26. Following the transaction, the director now directly owns 43,522 shares in the company, valued […]

Research analysts at Cowen began coverage on shares of Allegro MicroSystems (NASDAQ:ALGM – Get Rating) in a research report issued to clients and investors on Wednesday, Briefing.com reports. The firm set an “outperform” rating and a $30.00 price target on the stock. Cowen’s price objective points to a potential upside of 26.42% from the stock’s […]