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NYSE: ALLG
Allego Nv Stock Forecast, Predictions & Price Target

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Analyst price target for ALLG

Based on 4 analysts offering 12 month price targets for Allego Nv.
Min Forecast
$15.00+162.24%
Avg Forecast
$16.75+192.83%
Max Forecast
$19.00+232.17%

Should I buy or sell ALLG stock?

Based on 4 analysts offering ratings for Allego Nv.
Strong Buy
Strong Buy
2 analysts 50%
Buy
2 analysts 50%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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ALLG stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Cowen & Co.
Top 17%
84
BuyInitiates Coverage On$19.00+232.17%2022-04-11
DA Davidson
Top 9%
92
Strong BuyInitiates Coverage On$15.00+162.24%2021-12-23
Benchmark
Top 4%
97
Strong BuyInitiates Coverage On$16.00+179.72%2021-12-16
Capital One Financial
Top 22%
79
BuyInitiates Coverage On$17.00+197.20%2021-11-24

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Forecast return on equity

Is ALLG forecast to generate an efficient return?
Company
-45.86%
Industry
15.75%
Market
98.76%
ALLG's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is ALLG forecast to generate an efficient return on assets?
Company
-12.18%
Industry
6.26%
ALLG is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

ALLG earnings per share forecast

What is ALLG's earnings per share in the next 2 years based on estimates from 1 analyst?
Avg 1 year Forecast
-$1.10
Avg 2 year Forecast
-$0.17

ALLG revenue forecast

What is ALLG's revenue in the next 2 years based on estimates from 2 analysts?
Avg 1 year Forecast
$155.2M+26.48%
Avg 2 year Forecast
$251.6M+105.02%
ALLG's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

ALLG revenue growth forecast

How is ALLG forecast to perform vs Auto Parts companies and vs the US market?
Company
30.48%
Industry
7.14%
Market
12.8%
ALLG's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
ALLG's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

ALLG vs Auto Part Stocks

TickerPricePrice TargetUp/downsideConsensus
ALLG$5.72$16.75+192.83%Strong Buy
SES$4.46$7.00+56.95%Hold
TEN$17.68$20.00+13.12%Hold
MNRO$43.66$47.00+7.65%Hold
XPEL$60.22$95.00+57.75%Strong Buy

Allego Nv Stock Forecast FAQ

Is Allego Nv Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 4 Wall Street analysts covering (NYSE: ALLG) stock is to Strong Buy ALLG stock.

Out of 4 analysts, 2 (50%) are recommending ALLG as a Strong Buy, 2 (50%) are recommending ALLG as a Buy, 0 (0%) are recommending ALLG as a Hold, 0 (0%) are recommending ALLG as a Sell, and 0 (0%) are recommending ALLG as a Strong Sell.

If you're new to stock investing, here's how to buy Allego Nv stock.

What is ALLG's earnings growth forecast for 2022-2023?

(NYSE: ALLG) Allego Nv's forecast annual earnings growth rate of N/A is not forecast to beat the US Auto Parts industry's average forecast earnings growth rate of 183.97%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 46.52%.

Allego Nv's earnings in 2022 is -$448,445,918.On average, 1 Wall Street analyst forecast ALLG's earnings for 2022 to be -$293,332,283, with the lowest ALLG earnings forecast at -$293,332,283, and the highest ALLG earnings forecast at -$293,332,283.

In 2023, ALLG is forecast to generate -$45,333,171 in earnings, with the lowest earnings forecast at -$45,333,171 and the highest earnings forecast at -$45,333,171.

What is ALLG's revenue growth forecast for 2022-2023?

(NYSE: ALLG) Allego Nv's forecast annual revenue growth rate of 30.48% is forecast to beat the US Auto Parts industry's average forecast revenue growth rate of 7.14%, and and it is also forecast to beat the US market's average forecast revenue growth rate of 12.8%.

Allego Nv's revenue in 2022 is $118,943,877.On average, 2 Wall Street analysts forecast ALLG's revenue for 2022 to be $41,385,185,174, with the lowest ALLG revenue forecast at $41,170,519,276, and the highest ALLG revenue forecast at $41,599,851,072.

In 2023, ALLG is forecast to generate $67,083,759,839 in revenue, with the lowest revenue forecast at $60,301,117,455 and the highest revenue forecast at $73,866,402,224.

What is ALLG's forecast return on assets (ROA) for 2022-2023?

(NYSE: ALLG) forecast ROA is -12.18%, which is lower than the forecast US Auto Parts industry average of 6.26%.

What is ALLG's Price Target?

According to 4 Wall Street analysts that have issued a 1 year ALLG price target, the average ALLG price target is $16.75, with the highest ALLG stock price forecast at $19.00 and the lowest ALLG stock price forecast at $15.00.

On average, Wall Street analysts predict that Allego Nv's share price could reach $16.75 by Apr 11, 2023. The average Allego Nv stock price prediction forecasts a potential upside of 192.83% from the current ALLG share price of $5.72.

What is ALLG's Earnings Per Share (EPS) forecast for 2022-2023?

(NYSE: ALLG) Allego Nv's current Earnings Per Share (EPS) is N/A. On average, analysts forecast that ALLG's EPS will be -$1.10 for 2022, with the lowest EPS forecast at -$1.10, and the highest EPS forecast at -$1.10. In 2023, ALLG's EPS is forecast to hit -$0.17 (min: -$0.17, max: -$0.17).

What is ALLG's forecast return on equity (ROE) for 2022-2023?

(NYSE: ALLG) forecast ROE is -45.86%, which is considered weak.
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