NASDAQ:ALLT

Allot Communications (ALLT) Stock Price, News & Analysis

$2.12
+0.07 (+3.41%)
(As of 04/23/2024 ET)
Today's Range
$1.99
$2.27
50-Day Range
$1.82
$2.37
52-Week Range
$1.19
$3.34
Volume
32,864 shs
Average Volume
54,148 shs
Market Capitalization
$81.49 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$2.83

Allot Communications MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
33.6% Upside
$2.83 Price Target
Short Interest
Healthy
0.21% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.44) to ($0.34) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.83 out of 5 stars

Business Services Sector

208th out of 303 stocks

Computer & Office Equipment Industry

12th out of 13 stocks

ALLT stock logo

About Allot Communications Stock (NASDAQ:ALLT)

Allot Communications Ltd. is a provider of leading innovative network intelligence and security solutions for service providers worldwide, enhancing value to their customers. Their solutions are deployed globally for network and application analytics, traffic control and shaping, network-based security services, and more. Allot’s multi-service platforms are deployed by over 500 mobile, fixed and cloud service providers and over 1000 enterprises. Their industry leading network-based security as a service solution has achieved over 50% penetration with some service providers and is already used by over 20 million subscribers in Europe.

ALLT Stock Price History

ALLT Stock News Headlines

4 Golden Crosses With Double-Digit Upside Ahead
Marketbeat's numerous tools for investors include screens and analyses of fundamental and technical factors. The tool we're looking at today is a technical screen for golden crosses.
4 Golden Crosses With Double-Digit Upside Ahead
Golden Crossovers are an essential technical signal because they point to aligning market outlooks and potential for double-digit price gains.
Global crypto currency reset (41 major banks signed up)
Behind closed doors, at least 41 major US banks have signed up to a strange new crypto project...
Allot Announces Chief Financial Officer Departure
Global crypto currency reset (41 major banks signed up)
Behind closed doors, at least 41 major US banks have signed up to a strange new crypto project...
Allot Announces Preliminary FY 2023 Financial Results
See More Headlines
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Company Calendar

Last Earnings
2/15/2024
Today
4/23/2024
Next Earnings (Estimated)
5/21/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Computer & office equipment
Sub-Industry
N/A
Current Symbol
NASDAQ:ALLT
Employees
N/A
Year Founded
1996

Price Target and Rating

Average Stock Price Target
$2.83
High Stock Price Target
$3.00
Low Stock Price Target
$2.50
Potential Upside/Downside
+33.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
$-62,800,000.00
Pretax Margin
-66.26%

Debt

Sales & Book Value

Annual Sales
$93.15 million
Book Value
$1.33 per share

Miscellaneous

Free Float
37,135,000
Market Cap
$81.49 million
Optionable
Optionable
Beta
1.02

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Key Executives

  • Mr. Andrei Elefant (Age 44)
    Chief Strategy Officer
  • Tomas Gomez
    Regional Vice president of Sales - EMEA South
  • Mr. Erez Antebi (Age 59)
    Chief Exec. Officer and Pres
  • Mr. Alberto Sessa (Age 56)
    Chief Financial Officer
  • Mr. Pinchas Gvili (Age 53)
    VP of Operations

ALLT Stock Analysis - Frequently Asked Questions

Should I buy or sell Allot Communications stock right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Allot Communications in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" ALLT shares.
View ALLT analyst ratings
or view top-rated stocks.

What is Allot Communications' stock price target for 2024?

2 Wall Street research analysts have issued 12 month target prices for Allot Communications' stock. Their ALLT share price targets range from $2.50 to $3.00. On average, they anticipate the company's stock price to reach $2.83 in the next twelve months. This suggests a possible upside of 33.6% from the stock's current price.
View analysts price targets for ALLT
or view top-rated stocks among Wall Street analysts.

How have ALLT shares performed in 2024?

Allot Communications' stock was trading at $1.65 on January 1st, 2024. Since then, ALLT stock has increased by 28.5% and is now trading at $2.12.
View the best growth stocks for 2024 here
.

Are investors shorting Allot Communications?

Allot Communications saw a decline in short interest in the month of March. As of March 31st, there was short interest totaling 55,500 shares, a decline of 15.8% from the March 15th total of 65,900 shares. Based on an average daily volume of 58,700 shares, the days-to-cover ratio is currently 0.9 days. Approximately 0.2% of the shares of the company are sold short.
View Allot Communications' Short Interest
.

When is Allot Communications' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 21st 2024.
View our ALLT earnings forecast
.

How were Allot Communications' earnings last quarter?

Allot Communications Ltd (NASDAQ:ALLT) posted its earnings results on Thursday, February, 15th. The communications equipment provider reported ($0.47) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.20) by $0.27. The communications equipment provider earned $24.34 million during the quarter, compared to analysts' expectations of $22.40 million. Allot Communications had a negative trailing twelve-month return on equity of 87.18% and a negative net margin of 67.42%.

What is Erez Antebi's approval rating as Allot Communications' CEO?

20 employees have rated Allot Communications Chief Executive Officer Erez Antebi on Glassdoor.com. Erez Antebi has an approval rating of 74% among the company's employees.

What other stocks do shareholders of Allot Communications own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Allot Communications investors own include Freeport-McMoRan (FCX), Intel (INTC), QUALCOMM (QCOM), AT&T (T), Energy Transfer (ET), NVIDIA (NVDA), Teva Pharmaceutical Industries (TEVA), Twitter (TWTR) and Tesla (TSLA).

How do I buy shares of Allot Communications?

Shares of ALLT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Allot Communications have any subsidiaries?
The following companies are subsidiares of Allot Communications: Allot Australia (PTY) LTD, Allot Communications (Asia Pacific) Pte. Limited, Allot Communications (Colombia) S.A.S, Allot Communications (UK) Limited, Allot Communications Africa (PTY) Ltd, Allot Communications Europe SARL, Allot Communications Inc., Allot Communications India Private Ltd, Allot Communications Japan K.K., Allot Communications Spain S.L. Sociedad Unipersonal, Allot MexSub, Allot Turkey Komunikasion Hizmeleri limited., and Netonomy.
Read More
This page (NASDAQ:ALLT) was last updated on 4/24/2024 by MarketBeat.com Staff

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