WiSA Technologies (NASDAQ:WISA – Get Free Report) and Allegro MicroSystems (NASDAQ:ALGM – Get Free Report) are both computer and technology companies, but which is the better investment? We will compare the two businesses based on the strength of their analyst recommendations, institutional ownership, profitability, risk, dividends, valuation and earnings.
Profitability
This table compares WiSA Technologies and Allegro MicroSystems’ net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| WiSA Technologies | -807.54% | -964.80% | -221.26% |
| Allegro MicroSystems | 14.55% | 20.67% | 16.17% |
Institutional & Insider Ownership
0.7% of WiSA Technologies shares are owned by institutional investors. Comparatively, 56.5% of Allegro MicroSystems shares are owned by institutional investors. 0.1% of WiSA Technologies shares are owned by insiders. Comparatively, 9.7% of Allegro MicroSystems shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.
Analyst Ratings
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| WiSA Technologies | 0 | 1 | 0 | 0 | 2.00 |
| Allegro MicroSystems | 0 | 1 | 7 | 0 | 2.88 |
Allegro MicroSystems has a consensus target price of $37.11, indicating a potential upside of 28.01%. Given Allegro MicroSystems’ stronger consensus rating and higher probable upside, analysts plainly believe Allegro MicroSystems is more favorable than WiSA Technologies.
Valuation & Earnings
This table compares WiSA Technologies and Allegro MicroSystems’ revenue, earnings per share (EPS) and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| WiSA Technologies | $2.08 million | 5.99 | -$18.72 million | N/A | N/A |
| Allegro MicroSystems | $1.05 billion | 5.35 | $152.70 million | $0.78 | 37.17 |
Allegro MicroSystems has higher revenue and earnings than WiSA Technologies.
Volatility and Risk
WiSA Technologies has a beta of -0.45, indicating that its share price is 145% less volatile than the S&P 500. Comparatively, Allegro MicroSystems has a beta of 1.7, indicating that its share price is 70% more volatile than the S&P 500.
Summary
Allegro MicroSystems beats WiSA Technologies on 11 of the 12 factors compared between the two stocks.
About WiSA Technologies
WiSA Technologies, Inc. develops, manufactures, and sells audio wireless technology for smart devices and next-generation home entertainment systems in the United States and Europe. The company offers wireless modules. It serves primarily to consumer electronics companies. The company was formerly known as Summit Wireless Technologies, Inc. and changed its name to WiSA Technologies Inc. in March 2022. WiSA Technologies, Inc. was incorporated in 2010 and is headquartered in Beaverton, Oregon.
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; power ICs comprising motor driver ICs, regulator and LED driver ICs, and isolated gate drivers; and photonic and advanced 3D sensing components. The company sells its products to original equipment manufacturers and suppliers 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.
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