ALGM
Price
$26.96
Change
+$0.16 (+0.60%)
Updated
Mar 28, 6:59 PM EST
42 days until earnings call
MCHP
Price
$89.71
Change
+$0.52 (+0.58%)
Updated
Mar 28, 6:59 PM EST
39 days until earnings call
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ALGM vs MCHP ᐉ Comparison: Which is Better to Invest?

Header iconALGM vs MCHP Comparison
Open Charts ALGM vs MCHPBanner chart's image
Allegro MicroSystems
Price$26.96
Change+$0.16 (+0.60%)
Volume$549.98K
CapitalizationN/A
Microchip Technology
Price$89.71
Change+$0.52 (+0.58%)
Volume$1.91M
CapitalizationN/A
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ALGM vs MCHP Comparison Chart

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ALGMDaily Signal changed days agoGain/Loss if shorted
 
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MCHPDaily Signal changed days agoGain/Loss if shorted
 
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VS
ALGM vs. MCHP commentary
Mar 29, 2024

To compare these two companies we present long-term analysis, their fundamental ratings and make comparative short-term technical analysis which are presented below. The conclusion is ALGM is a Hold and MCHP is a StrongBuy.

COMPARISON
Comparison
Mar 29, 2024
Stock price -- (ALGM: $26.96 vs. MCHP: $89.70)
Brand notoriety: ALGM: Not notable vs. MCHP: Notable
Both companies represent the Semiconductors industry
Current volume relative to the 65-day Moving Average: ALGM: 50% vs. MCHP: 47%
Market capitalization -- ALGM: $5.21B vs. MCHP: $48.47B
ALGM [@Semiconductors] is valued at $5.21B. MCHP’s [@Semiconductors] market capitalization is $48.47B. The market cap for tickers in the [@Semiconductors] industry ranges from $2.26T to $0. The average market capitalization across the [@Semiconductors] industry is $42.72B.

Long-Term Analysis

It is best to consider a long-term outlook for a ticker by using Fundamental Analysis (FA) ratings. The rating of 1 to 100, where 1 is best and 100 is worst, is divided into thirds. The first third (a green rating of 1-33) indicates that the ticker is undervalued; the second third (a grey number between 34 and 66) means that the ticker is valued fairly; and the last third (red number of 67 to 100) reflects that the ticker is undervalued. We use an FA Score to show how many ratings show the ticker to be undervalued (green) or overvalued (red).

ALGM’s FA Score shows that 0 FA rating(s) are green whileMCHP’s FA Score has 4 green FA rating(s).

  • ALGM’s FA Score: 0 green, 5 red.
  • MCHP’s FA Score: 4 green, 1 red.
According to our system of comparison, MCHP is a better buy in the long-term than ALGM.

Short-Term Analysis

It is best to consider a short-term outlook for a ticker by using Technical Analysis (TA) indicators. We use Odds of Success as the percentage of outcomes which confirm successful trade signals in the past.

If the Odds of Success (the likelihood of the continuation of a trend) for each indicator are greater than 50%, then the generated signal is confirmed. A green percentage from 90% to 51% indicates that the ticker is in a bullish trend. A red percentage from 90% - 51% indicates that the ticker is in a bearish trend. All grey percentages are below 50% and are considered not to confirm the trend signal.

ALGM’s TA Score shows that 5 TA indicator(s) are bullish while MCHP’s TA Score has 6 bullish TA indicator(s).

  • ALGM’s TA Score: 5 bullish, 5 bearish.
  • MCHP’s TA Score: 6 bullish, 4 bearish.
According to our system of comparison, MCHP is a better buy in the short-term than ALGM.

Price Growth

ALGM (@Semiconductors) experienced а -2.78% price change this week, while MCHP (@Semiconductors) price change was +0.93% for the same time period.

The average weekly price growth across all stocks in the @Semiconductors industry was +0.77%. For the same industry, the average monthly price growth was +0.60%, and the average quarterly price growth was +19.63%.

Reported Earning Dates

ALGM is expected to report earnings on May 09, 2024.

MCHP is expected to report earnings on May 06, 2024.

Industries' Descriptions

@Semiconductors (+0.77% weekly)

The semiconductor industry manufacturers all chip-related products, including research and development. These chips are used in innumerable electronic devices, including computers, cell phones, smartphones, and GPSs. Intel Corporation, NVIDIA Corp., and Broadcomm are some of the prominent players in this industry. Semiconductor companies usually tend to do well during periods of healthy economic growth, thereby inducing further research and development in the industry – which in turn augurs well for productivity and growth in the economy. In the near future, demand for semiconductor products (and possibly innovation within the segment) should only expand further, with the proliferation of 5G, autonomous vehicles, IoT, and various AI-driven electronics set to herald a new, advanced chapter in the technology-driven world as we know it. With burgeoning prospects comes great competition. In 2015, SIA estimated that U.S. semiconductor industry ranks as the second most competitive U.S. industry out of 2882 U.S. industries designated manufacturers by the U.S. Census Bureau.

SUMMARIES
A.I.dvisor published
a Summary for ALGM with price predictions.
OPEN
A.I.dvisor published
a Summary for MCHP with price predictions.
OPEN
FUNDAMENTALS
Fundamentals
MCHP($48.2B) has a higher market cap than ALGM($5.18B). ALGM has higher P/E ratio than MCHP: ALGM (23.52) vs MCHP (20.84). MCHP YTD gains are higher at: 0.018 vs. ALGM (-10.935). MCHP has higher annual earnings (EBITDA): 4.06B vs. ALGM (315M). MCHP has more cash in the bank: 281M vs. ALGM (214M). ALGM has less debt than MCHP: ALGM (276M) vs MCHP (5.73B). MCHP has higher revenues than ALGM: MCHP (8.54B) vs ALGM (1.08B).
ALGMMCHPALGM / MCHP
Capitalization5.18B48.2B11%
EBITDA315M4.06B8%
Gain YTD-10.9350.018-60,696%
P/E Ratio23.5220.84113%
Revenue1.08B8.54B13%
Total Cash214M281M76%
Total Debt276M5.73B5%
FUNDAMENTALS RATINGS
MCHP: Fundamental Ratings
MCHP
OUTLOOK RATING
1..100
67
VALUATION
overvalued / fair valued / undervalued
1..100
27
Undervalued
PROFIT vs RISK RATING
1..100
16
SMR RATING
1..100
27
PRICE GROWTH RATING
1..100
50
P/E GROWTH RATING
1..100
65
SEASONALITY SCORE
1..100
50

Tickeron ratings are formulated such that a rating of 1 designates the most successful stocks in a given industry, while a rating of 100 points to the least successful stocks for that industry.

TECHNICAL ANALYSIS
Technical Analysis
ALGMMCHP
RSI
ODDS (%)
Bullish Trend 1 day ago
80%
Bearish Trend 1 day ago
65%
Stochastic
ODDS (%)
Bullish Trend 1 day ago
77%
Bullish Trend 1 day ago
78%
Momentum
ODDS (%)
Bearish Trend 1 day ago
84%
Bullish Trend 1 day ago
76%
MACD
ODDS (%)
Bearish Trend 1 day ago
70%
Bearish Trend 1 day ago
72%
TrendWeek
ODDS (%)
Bearish Trend 1 day ago
78%
Bullish Trend 1 day ago
71%
TrendMonth
ODDS (%)
Bearish Trend 1 day ago
78%
Bullish Trend 1 day ago
71%
Advances
ODDS (%)
Bullish Trend 1 day ago
77%
Bullish Trend 1 day ago
69%
Declines
ODDS (%)
Bearish Trend 3 days ago
80%
Bearish Trend 3 days ago
69%
BollingerBands
ODDS (%)
Bullish Trend 1 day ago
76%
Bearish Trend 1 day ago
71%
Aroon
ODDS (%)
Bullish Trend 1 day ago
74%
Bullish Trend 1 day ago
67%
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ALGMDaily Signal changed days agoGain/Loss if shorted
 
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MCHPDaily Signal changed days agoGain/Loss if shorted
 
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ALGM and

Correlation & Price change

A.I.dvisor indicates that over the last year, ALGM has been closely correlated with NXPI. These tickers have moved in lockstep 71% of the time. This A.I.-generated data suggests there is a high statistical probability that if ALGM jumps, then NXPI could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To ALGM
1D Price
Change %
ALGM100%
+0.56%
NXPI - ALGM
71%
Closely correlated
+0.95%
MCHP - ALGM
65%
Loosely correlated
+0.60%
STM - ALGM
65%
Loosely correlated
-1.69%
ADI - ALGM
64%
Loosely correlated
+2.29%
POWI - ALGM
63%
Loosely correlated
+1.33%
More

MCHP and

Correlation & Price change

A.I.dvisor indicates that over the last year, MCHP has been closely correlated with ADI. These tickers have moved in lockstep 86% of the time. This A.I.-generated data suggests there is a high statistical probability that if MCHP jumps, then ADI could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To MCHP
1D Price
Change %
MCHP100%
+0.60%
ADI - MCHP
86%
Closely correlated
+2.29%
NXPI - MCHP
84%
Closely correlated
+0.95%
TXN - MCHP
79%
Closely correlated
+0.78%
STM - MCHP
79%
Closely correlated
-1.69%
POWI - MCHP
77%
Closely correlated
+1.33%
More