ALGM vs. CRUS, RMBS, POWI, FORM, IPGP, SLAB, TSEM, MTSI, SYNA, and DIOD
Should you be buying Allegro MicroSystems stock or one of its competitors? The main competitors of Allegro MicroSystems include Cirrus Logic (CRUS), Rambus (RMBS), Power Integrations (POWI), FormFactor (FORM), IPG Photonics (IPGP), Silicon Laboratories (SLAB), Tower Semiconductor (TSEM), MACOM Technology Solutions (MTSI), Synaptics (SYNA), and Diodes (DIOD). These companies are all part of the "semiconductors & related devices" industry.
Allegro MicroSystems (NASDAQ:ALGM) and Cirrus Logic (NASDAQ:CRUS) are both mid-cap computer and technology companies, but which is the better business? We will contrast the two companies based on the strength of their valuation, community ranking, risk, dividends, analyst recommendations, profitability, institutional ownership, media sentiment and earnings.
In the previous week, Cirrus Logic had 10 more articles in the media than Allegro MicroSystems. MarketBeat recorded 21 mentions for Cirrus Logic and 11 mentions for Allegro MicroSystems. Allegro MicroSystems' average media sentiment score of 0.34 beat Cirrus Logic's score of 0.26 indicating that Allegro MicroSystems is being referred to more favorably in the media.
Allegro MicroSystems presently has a consensus price target of $37.11, indicating a potential upside of 25.16%. Cirrus Logic has a consensus price target of $107.86, indicating a potential downside of 1.97%. Given Allegro MicroSystems' stronger consensus rating and higher possible upside, analysts plainly believe Allegro MicroSystems is more favorable than Cirrus Logic.
Cirrus Logic received 703 more outperform votes than Allegro MicroSystems when rated by MarketBeat users. Likewise, 71.56% of users gave Cirrus Logic an outperform vote while only 63.41% of users gave Allegro MicroSystems an outperform vote.
Cirrus Logic has higher revenue and earnings than Allegro MicroSystems. Cirrus Logic is trading at a lower price-to-earnings ratio than Allegro MicroSystems, indicating that it is currently the more affordable of the two stocks.
Cirrus Logic has a net margin of 15.35% compared to Allegro MicroSystems' net margin of 14.55%. Allegro MicroSystems' return on equity of 20.67% beat Cirrus Logic's return on equity.
Allegro MicroSystems has a beta of 1.72, indicating that its share price is 72% more volatile than the S&P 500. Comparatively, Cirrus Logic has a beta of 0.99, indicating that its share price is 1% less volatile than the S&P 500.
56.5% of Allegro MicroSystems shares are held by institutional investors. Comparatively, 88.0% of Cirrus Logic shares are held by institutional investors. 9.7% of Allegro MicroSystems shares are held by insiders. Comparatively, 0.9% of Cirrus Logic shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.
Summary
Allegro MicroSystems beats Cirrus Logic on 10 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding ALGM and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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