NYSE:ALLG

Allego - ALLG Stock Forecast, Price & News

$4.40

+0.45 (+11.39%)

(As of 09/8/2022 10:13 AM ET)

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Today's Range: $4.15
▼
$4.45
50-Day Range: $3.42
▼
$5.83
52-Week Range: $3.35
▼
$28.44

Volume: 1,911 shs
Average Volume: 826,319 shs
Market Capitalization: $303.60 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $19.00

Allego MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.67 Rating Score
Upside/Downside: 381.0% Upside
$19.00 Price Target
Short Interest: Healthy
0.10% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.00
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($1.10) to ($0.17) Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.71 out of 5 stars

Computer And Technology Sector

557th out of 627 stocks

Retail Stores, Not Elsewhere Classified Industry

14th out of 14 stocks

3.3

Analyst's Opinion

Consensus Rating
Allego has received a consensus rating of Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $19.00, Allego has a forecasted upside of 381.0% from its current price of $3.95.
Amount of Analyst Coverage
Allego has received no research coverage in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
0.10% of the float of Allego has been sold short.
Short Interest Ratio / Days to Cover
Allego has a short interest ratio ("days to cover") of 0.7, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Allego has recently increased by 2.41%, indicating that investor sentiment is decreasing.

0.0

Dividend Strength

Dividend Yield
Allego does not currently pay a dividend.
Dividend Growth
Allego does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for ALLG.

1.1

News and Social Media Coverage

News Coverage This Week
MarketBeat has tracked 2 news articles for Allego this week, compared to 2 articles on an average week.
Search Interest
9 people have searched for ALLG on MarketBeat in the last 30 days. This is an increase of 800% compared to the previous 30 days.
MarketBeat Follows
2 people have added Allego to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Allego insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 33.16% of the stock of Allego is held by institutions.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Allego are expected to grow in the coming year, from ($1.10) to ($0.17) per share.

See Top Rated MarketRank™ Stocks Here

About Allego (NYSE:ALLG) Stock

Allego N.V. operates as an electric vehicle (EV) charging company. The company offers charging solutions for electric cars, motors, buses, and trucks. It has a charging network with renewable energy and charging solutions for business-to-business customers, including leading retail and auto brands. The company has approximately 28,000 charging ports in Europe. It also provides Allego EV Cloud, a customer payment tool that offers essential services to owned and third-party customers comprising authorization and billing, smart charging and load balancing, analysis, and customer support. The company was founded in 2013 and is based in Arnhem, the Netherlands.

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ALLG Stock News Headlines

September 6, 2022 | americanbankingnews.com

Head-To-Head Contrast: Allego (NYSE:ALLG) and Boqii (NYSE:BQ)

August 27, 2022 | americanbankingnews.com

FY2022 EPS Estimates for Allego (NYSE:ALLG) Reduced by Capital One Financial

August 22, 2022 | seekingalpha.com

Allego N.V. (ALLG) CEO Mathieu Bonnet on Q2 2022 Results - Earnings Call Transcript

August 22, 2022 | finanznachrichten.de

Allego N.V.: Allego Reports First Half 2022 Results; Creating New Technology-Enabled EV Infrastructure

August 22, 2022 | finance.yahoo.com

Allego Reports First Half 2022 Results; Creating New Technology-Enabled EV Infrastructure

August 16, 2022 | finanznachrichten.de

Allego N.V.: Allego Schedules Conference Call to Discuss First Half 2022 Financial Results

August 15, 2022 | finance.yahoo.com

Allego Schedules Conference Call to Discuss First Half 2022 Financial Results

August 14, 2022 | americanbankingnews.com

Reviewing Newegg Commerce (NASDAQ:NEGG) & Allego (NYSE:ALLG)

August 10, 2022 | seekingalpha.com

EV charging company Allego stock rallies 50%

August 10, 2022 | investorplace.com

Allego (ALLG) Stock Soars 45% Higher on Short Squeeze Hopes

August 3, 2022 | nasdaq.com

Investors in Allego (NYSE:ALLG) have unfortunately lost 62% over the last year

August 3, 2022 | finance.yahoo.com

Shareholders in Allego (NYSE:ALLG) are in the red if they invested a year ago

August 2, 2022 | finance.yahoo.com

Allego Announces Participation at Needham’s 11th Annual Virtual Industrial Tech, Robotics, & Clean Tech 1x1 Conference

July 30, 2022 | seekingalpha.com

Allego expands €120M senior debt facility

July 28, 2022 | finance.yahoo.com

Allego, a Leading Pan-European Public EV Fast Charging Network, Announces an Increase to the Size of its Existing Bank Facility to €170.0 million; Pursuing a Refinancing with Lenders on a New and Expanded Bank Facility Expected to Close in Early Fall

July 25, 2022 | finance.yahoo.com

Allego Announces Participation at the Shareholder Equity ESG Conference

July 18, 2022 | finance.yahoo.com

Video Highlights — Charging Up Europe: Watch CEO of Allego in Fireside

July 12, 2022 | finance.yahoo.com

Full Replay on Demand – Charging Up Europe: Watch CEO of Allego in Fireside

July 11, 2022 | finance.yahoo.com

Allego, a Leading Pan-European Public EV Fast Charging Network, Announces Second Quarter 2022 Key Performance Metrics, and Exercise of Mega-E Purchase Option

July 9, 2022 | finance.yahoo.com

IPO Edge’s Jannarone: Seek Out Leaders Like Allego in Rough IPO Market – Cheddar TV

July 7, 2022 | finance.yahoo.com

Allego to Participate in Upcoming Investor Events

July 6, 2022 | finance.yahoo.com

Charging Up Europe: Join CEO of Allego in Fireside Tuesday at 11 ET

June 19, 2022 | morningstar.com

Allego NV - Stock News

June 18, 2022 | uk.investing.com

Allegro Group Reports Q1 Revenue of EUR 30.5M, Net Loss of EUR 350.9M

June 17, 2022 | markets.businessinsider.com

Allego Reports Positive Operational EBITDA In Q1; Revenue Up 221.0%

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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ALLG Company Calendar

Today: 9/08/2022
Fiscal Year End: 12/31/2022

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Retail stores, not elsewhere classified
Sub-Industry: N/A
Sector: Computer and Technology
Current Symbol: NYSE:ALLG
CUSIP: N/A
CIK: 1874474
Web: www.allego.eu
Phone: 31 88 033 3033
Fax: N/A
Employees: 1,700
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $16.00
High Stock Price Forecast: $19.00
Low Stock Price Forecast: $10.00
Forecasted Upside/Downside: +331.8%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.67
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-378,200,000.00
Net Margins: N/A
Pretax Margin: -370.05%
Return on Equity: N/A
Return on Assets: -78.72%

Debt

Debt-to-Equity Ratio: 1.48
Current Ratio: 0.85
Quick Ratio: 0.71

Sales & Book Value

Annual Sales: $102.10 million
Price / Sales: 2.97
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: ($1.31) per share
Price / Book: -3.36

Miscellaneous

Outstanding Shares: 69,000,000
Free Float: N/A
Market Cap: $303.60 million
Optionable: Not Optionable
Beta: 0.94

Key Executives

Mr. Mathieu Bonnet (Age 48)
CEO & Director

Mr. Ton Louwers (Age 55)
COO & CFO

Mr. Alexis Galley (Age 57)
Chief Technology Officer

Mr. Manish Amrat Somaiya
Group Head of Investor Relations & Capital Markets

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

ALLG Stock - Frequently Asked Questions

Should I buy or sell Allego stock right now?: 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Allego in the last twelve months. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" ALLG shares.
View ALLG analyst ratings or view top-rated stocks.
What is Allego's stock price forecast for 2022?: 3 brokers have issued 12-month price targets for Allego's shares. Their ALLG share price forecasts range from $19.00 to $19.00. On average, they anticipate the company's stock price to reach $19.00 in the next twelve months. This suggests a possible upside of 381.0% from the stock's current price.
View analysts price targets for ALLG or view top-rated stocks among Wall Street analysts.
How have ALLG shares performed in 2022?: Allego's stock was trading at $9.79 on January 1st, 2022. Since then, ALLG shares have decreased by 59.7% and is now trading at $3.95.
View the best growth stocks for 2022 here.
What guidance has Allego issued on next quarter's earnings?: Allego updated its FY 2022 earnings guidance on Tuesday, September, 6th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $143.88 million-$165.19 million, compared to the consensus revenue estimate of $174.67 million.

What is Allego's stock symbol?: Allego trades on the New York Stock Exchange (NYSE) under the ticker symbol "ALLG."
Who are Allego's major shareholders?: Allego's stock is owned by many different retail and institutional investors. Top institutional investors include Apollo Management Holdings L.P. (27.84%), Russell Investments Group Ltd. (0.06%), Millennium Management LLC (0.04%) and ExodusPoint Capital Management LP (0.02%).
How do I buy shares of Allego?: Shares of ALLG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Allego's stock price today?: One share of ALLG stock can currently be purchased for approximately $3.95.
How much money does Allego make?: Allego (NYSE:ALLG) has a market capitalization of $272.55 million and generates $102.10 million in revenue each year.
How many employees does Allego have?: The company employs 1,700 workers across the globe.
How can I contact Allego?: Allego's mailing address is 9 West 57th Street 43rd Floor, New York NY, 10019. The official website for the company is www.allego.eu. The company can be reached via phone at 31 88 033 3033 or via email at manish.somaiya@allego.eu.

This page (NYSE:ALLG) was last updated on 9/8/2022 by MarketBeat.com Staff

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Allego - ALLG Stock Forecast, Price & News

Allego MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month