NasdaqGS:ALGMSemiconductor
A Look At Allegro MicroSystems (ALGM) Valuation After Its Earnings Beat And Optimistic Outlook
Allegro MicroSystems (ALGM) drew investor attention after its latest quarterly report, with sales outpacing expectations, earnings turning positive, and management flagging continued strength in automotive, e-Mobility and data center focused industrial demand.
See our latest analysis for Allegro MicroSystems.
The earnings beat and upbeat guidance have been reflected in the share price, with a 30 day share price return of 37.16% and a 90 day gain of 34.51% from a latest close of US$36.91. Over...