By Mill Chart
Last update: Nov 16, 2023
ALLEGRO MICROSYSTEMS INC (NASDAQ:ALGM) has caught the eye of our stock screener as an affordable growth stock. NASDAQ:ALGM is displaying robust growth metrics and also excels in terms of profitability, solvency, and liquidity. Additionally, it appears to be reasonably priced. Let's delve into the details.
ChartMill assigns a Growth Rating to every stock. This score ranges from 0 to 10 and evaluates the different growth aspects like EPS and Revenue, both in the past as in the future. NASDAQ:ALGM scores a 8 out of 10:
ChartMill assigns a Valuation Rating to every stock. This score ranges from 0 to 10 and evaluates the different valuation aspects and compares the price to earnings and cash flows, while taking into account profitability and growth. NASDAQ:ALGM scores a 5 out of 10:
ChartMill assigns a proprietary Health Rating to each stock. The score is computed by evaluating various liquidity and solvency ratios and ranges from 0 to 10. NASDAQ:ALGM was assigned a score of 8 for health:
Discover ChartMill's exclusive Profitability Rating, a proprietary metric that assesses stocks on a scale of 0 to 10. It takes into consideration various profitability ratios and margins, both in absolute terms and relative to industry peers. Notably, NASDAQ:ALGM has achieved a 9:
More Affordable Growth stocks can be found in our Affordable Growth screener.
Our latest full fundamental report of ALGM contains the most current fundamental analsysis.
Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.
ALLEGRO MICROSYSTEMS INC
NASDAQ:ALGM (2/21/2024, 7:25:20 PM)Premarket: 32.17 +1.12 (+3.61%)
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