Reviewing Alphawave IP Group (OTCMKTS:AWEVF) and Allegro MicroSystems (NASDAQ:ALGM)

Allegro MicroSystems (NASDAQ:ALGM) and Alphawave IP Group (OTCMKTS:AWEVF) are both computer and technology companies, but which is the better stock? We will compare the two businesses based on the strength of their dividends, institutional ownership, risk, valuation, earnings, profitability and analyst recommendations.

Profitability

This table compares Allegro MicroSystems and Alphawave IP Group’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Allegro MicroSystems	7.91%	13.88%	10.65%
Alphawave IP Group	N/A	N/A	N/A

Valuation & Earnings

This table compares Allegro MicroSystems and Alphawave IP Group”s revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Allegro MicroSystems	$937.99 million	4.23	$152.70 million	$0.78	26.23
Alphawave IP Group	N/A	N/A	N/A	N/A	N/A

Allegro MicroSystems has higher revenue and earnings than Alphawave IP Group.

Institutional & Insider Ownership

56.5% of Allegro MicroSystems shares are held by institutional investors. 0.5% of Allegro MicroSystems shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

Analyst Recommendations

This is a summary of recent ratings and target prices for Allegro MicroSystems and Alphawave IP Group, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Allegro MicroSystems	0	0	8	0	3.00
Alphawave IP Group	0	0	0	0	N/A

Allegro MicroSystems presently has a consensus target price of $34.50, suggesting a potential upside of 68.62%. Given Allegro MicroSystems’ higher possible upside, analysts clearly believe Allegro MicroSystems is more favorable than Alphawave IP Group.

Summary

Allegro MicroSystems beats Alphawave IP Group on 8 of the 8 factors compared between the two stocks.

About Allegro MicroSystems

Allegro MicroSystems, Inc., together with its subsidiaries, designs, develops, manufactures, and markets sensor integrated circuits (ICs) and application-specific analog power ICs for motion control and energy-efficient systems. Its products include magnetic sensor ICs, such as position, speed, and current sensor ICs; and power ICs comprising motor driver ICs, regulator and LED driver ICs, and isolated gate drivers. The company sells its products to original equipment manufacturers and distributors primarily in the automotive and industrial markets through its direct sales force, third party distributors, independent sales representatives, and consignment. It operates in the United States, rest of the Americas, Europe, Japan, Greater China, South Korea, and other Asian markets. The company was founded in 1990 and is headquartered in Manchester, New Hampshire. Allegro MicroSystems, Inc. is a subsidiary of Sanken Electric Co., Ltd.

About Alphawave IP Group

Alphawave IP Group plc develops and sells connectivity solutions in North America, China, the Asia Pacific, Europe, the Middle East, Africa, and the United Kingdom. The company offers silicon IP solutions, chiplets, custom silicon, and connectivity products. It serves the data center, artificial intelligence, 5G wireless infrastructure, data networking, autonomous vehicles, data storage, and solid-state storage markets. Alphawave IP Group plc was founded in 2017 and is headquartered in London, the United Kingdom.