Allegro MicroSystems (NASDAQ:ALGM – Get Rating) and Meta Materials (NASDAQ:MMAT – Get Rating) are both computer and technology companies, but which is the superior stock? We will compare the two businesses based on the strength of their institutional ownership, valuation, risk, profitability, dividends, earnings and analyst recommendations. Analyst Recommendations This is a breakdown of recent […]
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 […]
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 […]
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 […]