NASDAQ:ALLT

Allot Communications (ALLT) Stock Forecast, Price & News

$2.72

-0.08 (-2.86%)

(As of 03:00 PM ET)

Compare

Today's Range: $2.70
▼
$2.81
50-Day Range: $2.50
▼
$2.90
52-Week Range: $2.43
▼
$5.86

Volume: 20,208 shs
Average Volume: 67,686 shs
Market Capitalization: $101.78 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $6.25

Allot Communications MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 128.9% Upside
$6.25 Price Target
Short Interest: Healthy
0.23% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.57
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($0.76) to ($0.39) Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.33 out of 5 stars

Business Services Sector

107th out of 339 stocks

Computer & Office Equipment Industry

8th out of 13 stocks

3.5

Analyst's Opinion

Consensus Rating
Allot Communications has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $6.25, Allot Communications has a forecasted upside of 128.9% from its current price of $2.73.
Amount of Analyst Coverage
Allot Communications has received no research coverage in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
0.23% 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 1.4, 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 21.81%, 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.

2.5

News and Social Media Coverage

News Sentiment
Allot Communications has a news sentiment score of 0.57. 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 0.43 average news sentiment score of Business Services companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Allot Communications this week, compared to 1 article on an average week.

1.7

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
69.49% 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 ($0.76) to ($0.39) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Allot Communications is -2.73, 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 -2.73, 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 1.09. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Allot Communications (NASDAQ:ALLT) Stock

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.

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ALLT Stock News Headlines

May 29, 2023 | finance.yahoo.com

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

May 27, 2023 | americanbankingnews.com

Allot Communications Ltd (NASDAQ:ALLT) Short Interest Update

June 2, 2023 | Edge On The Street (Ad)

The Real Problem With "Made in America" Lithium

Politicians love to say they support "Made in America" when it comes to manufacturing. But when it comes to lithium - the metal fueling our transition to electric vehicles - it's not that simple.

May 21, 2023 | americanbankingnews.com

Allot Communications (NASDAQ:ALLT) Price Target Cut to $8.00 by Analysts at Northland Securities

May 20, 2023 | americanbankingnews.com

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

May 19, 2023 | markets.businessinsider.com

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

May 15, 2023 | finance.yahoo.com

Eastern European Telecom Group and Allot Partner to Launch Consumer Cybersecurity Services

May 14, 2023 | americanbankingnews.com

Allot Communications (ALLT) to Release Earnings on Tuesday

June 2, 2023 | Edge On The Street (Ad)

The Graphite Shortage Story You're Not Being Told

Graphite demand for EV batteries is expected to increase 10X from 2020 to 2030. And today, with NO graphite-producing mines in N. America, China has a stranglehold on our graphite supply. That's why the U.S. government is spending billions of dollars to ensure an adequate domestic supply of this metal that's vital for energy independence and national security.

May 11, 2023 | finance.yahoo.com

Tier-1 Fixed Broadband Operator, with Millions of Subscribers in Latin America, Selects Allot HomeSecure to Provide Cyber Protection Services

May 2, 2023 | finance.yahoo.com

Allot to Release First Quarter 2023 Earnings and Host Conference Call on May 16, 2023

April 18, 2023 | finance.yahoo.com

Allot Ltd.'s (NASDAQ:ALLT) Prospects Need A Boost To Lift Shares

April 17, 2023 | americanbankingnews.com

Allot Communications Ltd (NASDAQ:ALLT) Sees Large Drop in Short Interest

April 1, 2023 | americanbankingnews.com

Short Interest in Allot Communications Ltd (NASDAQ:ALLT) Decreases By 17.2%

March 21, 2023 | thestreet.com

Allot Stock Hits New 52-Week High (ALLT)

March 9, 2023 | finance.yahoo.com

In Only Three Months, Far EasTone's Guardian Network, Based on Allot NetworkSecure, Reaches Nearly 200,000 Subscribers

March 8, 2023 | finance.yahoo.com

Allot Ltd. (NASDAQ:ALLT) Analysts Just Slashed This Year's Revenue Estimates By 16%

February 28, 2023 | finance.yahoo.com

Allot Announces Fourth Quarter & Full Year 2022 Financial Results

February 13, 2023 | finance.yahoo.com

Allot to Release Fourth Quarter & Full Year 2022 Earnings and Host Conference Call on February 28, 2023

January 2, 2023 | thestreet.com

Allot Communications (ALLT) Stock Plummeting Today on Analyst Downgrade

December 27, 2022 | finance.yahoo.com

With 47% ownership, Allot Ltd. (NASDAQ:ALLT) has piqued the interest of institutional investors

December 1, 2022 | finance.yahoo.com

Taiwan’s Far EasTone Telecommunications Launches Consumer Cybersecurity Services Based on Allot NetworkSecure

November 16, 2022 | 247wallst.com

Shareholder Lynrock Lake Raises Allot Stake, Nominates Founder Cynthia Paul For Board Seat

November 16, 2022 | finance.yahoo.com

Allot Third Quarter 2022 Earnings: EPS Beats Expectations

November 15, 2022 | finance.yahoo.com

Allot NetworkSecure Selected by Verizon to Provide Network-based Cybersecurity Protection to their SMB Customers

November 15, 2022 | finance.yahoo.com

Allot Announces Third Quarter 2022 Financial Results

November 15, 2022 | finance.yahoo.com

Allot Board Nominates Cynthia L. Paul to Serve as a Director

See More Headlines

ALLT Price History

30 days | 90 days | 365 days | Advanced Chart

ALLT Company Calendar

Last Earnings: 11/09/2021
Today: 6/02/2023
Next Earnings (Estimated): 8/15/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Computer & office equipment
Sub-Industry: N/A
Sector: Business Services
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 Forecast: $6.25
High Stock Price Forecast: $8.00
Low Stock Price Forecast: $4.50
Forecasted Upside/Downside: +123.2%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($1.00)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-32,030,000.00
Net Margins: -33.28%
Pretax Margin: -31.98%
Return on Equity: -36.13%
Return on Assets: -17.43%

Debt

Debt-to-Equity Ratio: 0.42
Current Ratio: 2.47
Quick Ratio: 2.17

Sales & Book Value

Annual Sales: $122.74 million
Price / Sales: 0.85
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $2.51 per share
Price / Book: 1.12

Miscellaneous

Outstanding Shares: 37,420,000
Free Float: 36,153,000
Market Cap: $104.78 million
Optionable: Optionable
Beta: 1.04

Social Links

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 - Frequently Asked Questions

Should I buy or sell Allot Communications stock right now?: 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Allot Communications in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" ALLT shares.
View ALLT analyst ratings or view top-rated stocks.
What is Allot Communications' stock price forecast for 2023?: 2 brokers have issued twelve-month price objectives for Allot Communications' shares. Their ALLT share price forecasts range from $4.50 to $8.00. On average, they anticipate the company's share price to reach $6.25 in the next year. This suggests a possible upside of 123.2% 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 2023?: Allot Communications' stock was trading at $3.44 at the start of the year. Since then, ALLT shares have decreased by 18.6% and is now trading at $2.80.
View the best growth stocks for 2023 here.
Are investors shorting Allot Communications?: Allot Communications saw a decrease in short interest in May. As of May 15th, there was short interest totaling 77,800 shares, a decrease of 21.8% from the April 30th total of 99,500 shares. Based on an average daily trading volume, of 56,900 shares, the days-to-cover ratio is presently 1.4 days. Approximately 0.2% of the company's shares 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, August 15th 2023.
View our ALLT earnings forecast.
How were Allot Communications' earnings last quarter?: Allot Communications Ltd (NASDAQ:ALLT) issued its quarterly earnings results on Tuesday, November, 9th. The communications equipment provider reported ($0.07) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.07). The communications equipment provider had revenue of $38.16 million for the quarter. Allot Communications had a negative net margin of 33.28% and a negative trailing twelve-month return on equity of 36.13%. During the same quarter in the prior year, the firm posted ($0.07) EPS.
What ETFs hold Allot Communications' stock?: ETFs with the largest weight of Allot Communications (NASDAQ:ALLT) stock in their portfolio include ARK Israel Innovative Technology ETF (IZRL).ETFMG Prime Cyber Security ETF (HACK).
What guidance has Allot Communications issued on next quarter's earnings?: Allot Communications issued an update on its FY 2023 earnings guidance on Friday, May, 26th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $110.00 million-$120.00 million, compared to the consensus revenue estimate of $113.39 million.

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).
What is Allot Communications' stock symbol?: Allot Communications trades on the NASDAQ under the ticker symbol "ALLT."
Who are Allot Communications' major shareholders?: Allot Communications' stock is owned by a variety of institutional and retail investors. Top institutional investors include Group One Trading L.P. (0.00%), Simplex Trading LLC (0.00%), HAP Trading LLC (0.00%), Susquehanna International Group LLP (0.00%), Ancora Advisors LLC (0.39%) and Cowen Prime Advisors LLC (0.28%).
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Allot Communications' stock price today?: One share of ALLT stock can currently be purchased for approximately $2.80.
How much money does Allot Communications make?: Allot Communications (NASDAQ:ALLT) has a market capitalization of $104.78 million and generates $122.74 million in revenue each year. The communications equipment provider earns $-32,030,000.00 in net income (profit) each year or ($1.00) on an earnings per share basis.
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
How can I contact Allot Communications?: Allot Communications' mailing address is 22 HANGAR STREET NEVE NE`EMAN INDUSTRIAL ZONE B, HOD-HASHARON L3, 4501317. The official website for the company is www.allot.com. The communications equipment provider can be reached via phone at 972-9762-8419, via email at allot@gkir.com, or via fax at 972-9744-3626.

This page (NASDAQ:ALLT) was last updated on 6/2/2023 by MarketBeat.com Staff

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Allot Communications (ALLT) Stock Forecast, Price & News

Allot Communications MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Company Ownership

Earnings and Valuation

About Allot Communications (NASDAQ:ALLT) Stock

ALLT Stock News Headlines

ALLT Price History

ALLT Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Institutional Ownership

ALLT Stock - Frequently Asked Questions

Overall MarketRank^™