Should I buy or sell Allot Communications stock right now?

2 Wall Street equities 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 equities 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 equities research analysts have issued 12 month price targets for Allot Communications' shares. Their ALLT share price targets range from $2.50 to $3.00. On average, they expect the company's stock price to reach $2.83 in the next year. This suggests a possible upside of 35.6% 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 at the beginning of the year. Since then, ALLT stock has increased by 26.7% and is now trading at $2.09. View the best growth stocks for 2024 here .

Are investors shorting Allot Communications?

Allot Communications saw a decline in short interest in 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 trading volume of 58,700 shares, the short-interest ratio is presently 0.9 days. Currently, 0.2% of the shares of the company are short sold. 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) issued its quarterly earnings data on Thursday, February, 15th. The communications equipment provider reported ($0.47) earnings per share for the quarter, missing analysts' consensus estimates of ($0.20) by $0.27. The communications equipment provider had revenue of $24.34 million for the quarter, compared to the consensus estimate of $22.40 million. Allot Communications had a negative net margin of 67.42% and a negative trailing twelve-month return on equity of 87.18%.

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

NASDAQ:ALLT

Allot Communications (ALLT) Stock Price, News & Analysis

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Free ALLT Stock Alerts

$2.16

-0.04 (-1.82%)

(As of 12:21 PM ET)

Compare

Today's Range: $2.05
▼
$2.16
50-Day Range: $1.81
▼
$2.37
52-Week Range: $1.19
▼
$3.34

Volume: 16,570 shs
Average Volume: 55,799 shs
Market Capitalization: $83.03 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $2.83

Get Allot Communications alerts:

Allot Communications MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.50 Rating Score
Upside/Downside: 35.6% Upside
$2.83 Price Target
Short Interest: Healthy
0.21% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.83
Based on 10 Articles This Week
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.

2.69 out of 5 stars

Business Services Sector

178th out of 317 stocks

Computer & Office Equipment Industry

10th out of 13 stocks

3.3

Analyst's Opinion

Consensus Rating
Allot Communications has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.
Amount of Analyst Coverage
Allot Communications has received no research coverage in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
0.21% of the float of Allot Communications has been sold short.
Short Interest Ratio / Days to Cover
Allot Communications has a short interest ratio ("days to cover") of 0.9, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Allot Communications has recently decreased by 15.78%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Allot Communications does not currently pay a dividend.
Dividend Growth
Allot Communications 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 ALLT.

3.2

News and Social Media Coverage

News Sentiment
Allot Communications has a news sentiment score of 0.83. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.64 average news sentiment score of Business Services companies.
News Coverage This Week
MarketBeat has tracked 10 news articles for Allot Communications this week, compared to 0 articles on an average week.
Search Interest
Only 4 people have searched for ALLT on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days.
MarketBeat Follows
16 people have added Allot Communications to their MarketBeat watchlist in the last 30 days. This is an increase of 700% compared to the previous 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Allot Communications insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 3.40% of the stock of Allot Communications is held by insiders.
Percentage Held by Institutions
51.50% of the stock of Allot Communications is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Allot Communications are expected to grow in the coming year, from ($0.44) to ($0.34) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Allot Communications is -1.27, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Allot Communications is -1.27, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Allot Communications has a P/B Ratio of 1.57. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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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

30 days | 90 days | 365 days | Advanced Chart

ALLT Stock News Headlines

April 9, 2024 | marketbeat.com

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April 15, 2024 | finance.yahoo.com

Shareholders in Allot (NASDAQ:ALLT) are in the red if they invested three years ago

April 11, 2024 | globenewswire.com

Allot Announces Chief Financial Officer Departure

April 10, 2024 | americanbankingnews.com

Allot Communications (NASDAQ:ALLT) Stock Price Passes Above Two Hundred Day Moving Average of $1.82

April 10, 2024 | americanbankingnews.com

Allot Communications (NASDAQ:ALLT) Coverage Initiated at StockNews.com

March 15, 2024 | finance.yahoo.com

Allot Ltd. (NASDAQ:ALLT) Shares Could Be 34% Above Their Intrinsic Value Estimate

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March 6, 2024 | globenewswire.com

Allot Wins Prestigious 2024 Frost & Sullivan Customer Value Leadership Award for CSP Security

February 17, 2024 | finance.yahoo.com

Is Now The Time To Look At Buying Allot Ltd. (NASDAQ:ALLT)?

February 17, 2024 | finance.yahoo.com

Is Now The Time To Look At Buying Allot Ltd. (NASDAQ:ALLT)?

February 15, 2024 | finance.yahoo.com

Allot Announces Fourth Quarter & Full Year 2023 Financial Results

February 15, 2024 | finance.yahoo.com

Allot Communications (ALLT) Reports Q4 Loss, Tops Revenue Estimates

February 15, 2024 | prnewswire.com

Allot Announces Fourth Quarter & Full Year 2023 Financial Results

January 11, 2024 | finance.yahoo.com

Allot Announces Preliminary FY 2023 Financial Results

December 7, 2023 | finance.yahoo.com

We Think Shareholders May Want To Consider A Review Of Allot Ltd.'s (NASDAQ:ALLT) CEO Compensation Package

November 14, 2023 | finance.yahoo.com

Allot to Release Third Quarter 2023 Earnings on November 16, 2023 and Reschedules Conference Call to November 22, 2023

November 5, 2023 | finance.yahoo.com

Allot (NASDAQ:ALLT shareholders incur further losses as stock declines 14% this week, taking three-year losses to 84%

November 2, 2023 | finance.yahoo.com

Allot to Release Third Quarter 2023 Earnings and Host Conference Call on November 16, 2023

September 27, 2023 | finance.yahoo.com

Allot Announces Appointment of David Reis as Chairman of the Board

August 2, 2023 | finance.yahoo.com

Allot Presents an Award to Taiwan’s Far EasTone Telecommunications for Cybersecurity Leadership

July 20, 2023 | finance.yahoo.com

Tier-1 Mobile Operator in Asia Chooses Allot DNS Secure to Offer Consumer Cybersecurity Services

July 17, 2023 | finance.yahoo.com

Allot Announces Preliminary Q2 2023 Financial Results

June 7, 2023 | finance.yahoo.com

Allot Service Gateway Delivers 2x Performance on Intel-based AWS C6in Instances Compared with C5n Instances

May 29, 2023 | finance.yahoo.com

The past three years for Allot (NASDAQ:ALLT) investors has not been profitable

May 19, 2023 | markets.businessinsider.com

Northland Capital Markets Maintains Outperform Rating for Allot: Here's What You Need To Know

See More Headlines

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Company Calendar

Last Earnings: 2/15/2024
Today: 4/16/2024
Next Earnings (Estimated): 5/21/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Business Services
Industry: Computer & office equipment
Sub-Industry: N/A
Current Symbol: NASDAQ:ALLT
CUSIP: N/A
CIK: 1365767
Web: www.allot.com
Phone: 972-9762-8419
Fax: 972-9744-3626
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: +33.0%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.50
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($1.65)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-62,800,000.00
Net Margins: -67.42%
Pretax Margin: -66.26%
Return on Equity: -87.18%
Return on Assets: -36.86%

Debt

Debt-to-Equity Ratio: 0.80
Current Ratio: 2.28
Quick Ratio: 1.98

Sales & Book Value

Annual Sales: $93.15 million
Price / Sales: 0.88
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $1.33 per share
Price / Book: 1.60

Miscellaneous

Outstanding Shares: 38,440,000
Free Float: 37,135,000
Market Cap: $81.88 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

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

ALLT Stock Analysis - Frequently Asked Questions

Should I buy or sell Allot Communications stock right now?: 2 Wall Street equities 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 equities 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 equities research analysts have issued 12 month price targets for Allot Communications' shares. Their ALLT share price targets range from $2.50 to $3.00. On average, they expect the company's stock price to reach $2.83 in the next year. This suggests a possible upside of 35.6% 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 at the beginning of the year. Since then, ALLT stock has increased by 26.7% and is now trading at $2.09.
View the best growth stocks for 2024 here.
Are investors shorting Allot Communications?: Allot Communications saw a decline in short interest in 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 trading volume of 58,700 shares, the short-interest ratio is presently 0.9 days. Currently, 0.2% of the shares of the company are short sold.
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) issued its quarterly earnings data on Thursday, February, 15th. The communications equipment provider reported ($0.47) earnings per share for the quarter, missing analysts' consensus estimates of ($0.20) by $0.27. The communications equipment provider had revenue of $24.34 million for the quarter, compared to the consensus estimate of $22.40 million. Allot Communications had a negative net margin of 67.42% and a negative trailing twelve-month return on equity of 87.18%.

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 4/16/2024 by MarketBeat.com Staff

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