Allegro MicroSystems (NASDAQ:ALGM) Issues Q2 2025 Earnings Guidance

Allegro MicroSystems (NASDAQ:ALGMGet Free Report) issued an update on its second quarter 2025 earnings guidance on Thursday morning. The company provided earnings per share guidance of 0.040-0.080 for the period, compared to the consensus earnings per share estimate of 0.080. The company issued revenue guidance of $182.0 million-$192.0 million, compared to the consensus revenue estimate of $186.4 million. Allegro MicroSystems also updated its Q2 guidance to $0.04-$0.08 EPS.

Allegro MicroSystems Stock Up 7.2 %

ALGM stock opened at $24.04 on Thursday. The firm has a market capitalization of $4.66 billion, a price-to-earnings ratio of 30.82 and a beta of 1.67. Allegro MicroSystems has a fifty-two week low of $22.31 and a fifty-two week high of $52.26. The company has a debt-to-equity ratio of 0.22, a quick ratio of 3.48 and a current ratio of 4.85. The company’s 50 day moving average price is $28.95 and its 200 day moving average price is $28.78.

Allegro MicroSystems (NASDAQ:ALGMGet Free Report) last issued its quarterly earnings results on Thursday, May 9th. The company reported $0.19 earnings per share for the quarter, topping the consensus estimate of $0.17 by $0.02. Allegro MicroSystems had a return on equity of 20.67% and a net margin of 14.55%. The firm had revenue of $240.58 million during the quarter, compared to the consensus estimate of $235.00 million. On average, equities research analysts anticipate that Allegro MicroSystems will post 0.23 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

ALGM has been the topic of several research analyst reports. Evercore ISI initiated coverage on Allegro MicroSystems in a research note on Tuesday, April 16th. They issued an outperform rating and a $36.00 price objective on the stock. Needham & Company LLC dropped their target price on Allegro MicroSystems from $40.00 to $33.00 and set a buy rating on the stock in a research report on Friday, May 10th. Jefferies Financial Group started coverage on Allegro MicroSystems in a research note on Monday, May 13th. They set a buy rating and a $37.00 target price for the company. Barclays decreased their price target on Allegro MicroSystems from $35.00 to $32.00 and set an overweight rating for the company in a research report on Friday, May 10th. Finally, TD Cowen increased their price objective on Allegro MicroSystems from $32.00 to $35.00 and gave the stock a buy rating in a research note on Thursday, June 13th. One research analyst has rated the stock with a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of Moderate Buy and a consensus target price of $34.63.

View Our Latest Analysis on Allegro MicroSystems

Insider Buying and Selling

In related news, major shareholder Electric Co. Ltd. Sanken sold 28,750,000 shares of the firm’s stock in a transaction on Monday, July 29th. The stock was sold at an average price of $23.16, for a total transaction of $665,850,000.00. Following the completion of the transaction, the insider now directly owns 69,750,097 shares of the company’s stock, valued at approximately $1,615,412,246.52. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. In other Allegro MicroSystems news, major shareholder Electric Co. Ltd. Sanken sold 28,750,000 shares of Allegro MicroSystems stock in a transaction dated Monday, July 29th. The stock was sold at an average price of $23.16, for a total transaction of $665,850,000.00. Following the completion of the transaction, the insider now owns 69,750,097 shares in the company, valued at approximately $1,615,412,246.52. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Richard R. Lury sold 8,500 shares of Allegro MicroSystems stock in a transaction that occurred on Thursday, May 30th. The stock was sold at an average price of $30.00, for a total transaction of $255,000.00. Following the completion of the sale, the director now directly owns 23,001 shares in the company, valued at approximately $690,030. The disclosure for this sale can be found here. 0.50% of the stock is currently owned by company insiders.

About Allegro MicroSystems

(Get Free Report)

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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