Allego Stock Today

ALLG
 Stock
  

USD 2.85  0.50  14.93%   

Market Performance
0 of 100
Odds Of Distress
Over 66
Allego US is trading at 2.85 as of the 6th of December 2022, a -14.93 percent decrease since the beginning of the trading day. The stock's lowest day price was 3.14. Allego US has more than 66 % chance of experiencing financial distress in the next few years of operation. It also generated negative returns for investors over the last 90 days. Equity ratings for Allego US are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 6th of November 2022 and ending today, the 6th of December 2022. Click here to learn more.
Fiscal Year End
December
IPO Date
16th of March 2022
Category
Consumer Cyclical
ISIN
NL0015000TA9
Allego N.V. operates as an electric vehicle charging company. The company was founded in 2013 and is based in Arnhem, the Netherlands. Allego NV operates under Auto Parts classification in the United States and is traded on New York Stock Exchange. It employs 140 people. The company has 265.84 M outstanding shares of which 685.52 K shares are presently shorted by private and institutional investors with about 4.82 trading days to cover. More on Allego US

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Follow Valuation Odds of Bankruptcy
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Allego US Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Allego US's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Allego US or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Allego US generated a negative expected return over the last 90 days
Allego US has high historical volatility and very poor performance
Allego US has high likelihood to experience some financial distress in the next 2 years
The company reported the previous year's revenue of 128 M. Net Loss for the year was (319.67 M) with profit before overhead, payroll, taxes, and interest of 25.17 M.
Allego US currently holds about 16.31 M in cash with (9.21 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.06.
Over 99.0% of the company shares are held by institutions such as insurance companies
Latest headline from news.google.com: Allego Reports Third Quarter 2022 Earnings - Yahoo Eurosport UK
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Allego US's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong SellOvervalued
Allego US (ALLG) is traded on New York Stock Exchange in USA and employs 140 people. The company currently falls under 'Small-Cap' category with current market capitalization of 850.7 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Allego US's market, we take the total number of its shares issued and multiply it by Allego US's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. Allego US conducts business under Consumer Cyclical sector and is part of Auto Parts industry. The entity has 265.84 M outstanding shares of which 685.52 K shares are presently shorted by private and institutional investors with about 4.82 trading days to cover. Allego US currently holds about 16.31 M in cash with (9.21 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.06.
Check Allego US Probability Of Bankruptcy
Ownership
Allego US holds a total of two hundred sixty-five million eight hundred fourty-three thousand eight outstanding shares. The majority of Allego US outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Allego US to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Allego US. Please pay attention to any change in the institutional holdings of Allego US as this could imply that something significant has changed or about to change at the company. Please note that no matter how much assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.

Ownership Allocation (%)

Check Allego Ownership Details

Allego Stock Price Odds Analysis

What are Allego US's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Allego US jumping above the current price in 90 days from now is about 89.34%. The Allego US probability density function shows the probability of Allego US stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.2286. This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Allego US will likely underperform. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Allego US is significantly underperforming NYSE Composite.
  Odds Below 2.85HorizonTargetOdds Above 2.85
10.62%90 days
 2.85 
89.34%
Based on a normal probability distribution, the odds of Allego US to move above the current price in 90 days from now is about 89.34 (This Allego US probability density function shows the probability of Allego Stock to fall within a particular range of prices over 90 days) .

Allego US Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Allego US market risk premium is the additional return an investor will receive from holding Allego US long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Allego US. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Allego US's alpha and beta are two of the key measurements used to evaluate Allego US's performance over the market, the standard measures of volatility play an important role as well.

Allego Stock Against Markets

Picking the right benchmark for Allego US stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Allego US stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Allego US is critical whether you are bullish or bearish towards Allego US at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Allego US without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Allego US Corporate Management

Elected by the shareholders, the Allego US's board of directors comprises two types of representatives: Allego US inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Allego. The board's role is to monitor Allego US's management team and ensure that shareholders' interests are well served. Allego US's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Allego US's outside directors are responsible for providing unbiased perspectives on the board's policies.
Mathieu Bonnet - CEO DirectorProfile
Alexis Galley - Chief OfficerProfile
Ton Louwers - COO CFOProfile
Manish Somaiya - Group MarketsProfile

Invested in Allego US?

The danger of trading Allego US is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Allego US is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Allego US. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Allego US is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Please continue to Trending Equities. You can also try Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

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When running Allego US price analysis, check to measure Allego US's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Allego US is operating at the current time. Most of Allego US's value examination focuses on studying past and present price action to predict the probability of Allego US's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Allego US's price. Additionally, you may evaluate how the addition of Allego US to your portfolios can decrease your overall portfolio volatility.
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Is Allego US's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Allego US. If investors know Allego will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Allego US listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
850.7 M
Quarterly Revenue Growth YOY
1.05
Return On Assets
(0.77) 
Return On Equity
(211.32) 
The market value of Allego US is measured differently than its book value, which is the value of Allego that is recorded on the company's balance sheet. Investors also form their own opinion of Allego US's value that differs from its market value or its book value, called intrinsic value, which is Allego US's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Allego US's market value can be influenced by many factors that don't directly affect Allego US's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Allego US's value and its price as these two are different measures arrived at by different means. Investors typically determine Allego US value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Allego US's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.