NASDAQ:ALLT - Allot Communications Stock Price, Forecast & News

Allot Communications trades on the NASDAQ under the ticker symbol "ALLT."

Allot Communications Ltd (NASDAQ:ALLT) released its quarterly earnings results on Tuesday, February, 4th. The communications equipment provider reported ($0.05) earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of ($0.08) by $0.03. The communications equipment provider earned $30.57 million during the quarter. Allot Communications had a negative return on equity of 8.18% and a negative net margin of 7.86%. View Allot Communications' Earnings History.

Allot Communications is scheduled to release their next quarterly earnings announcement on Tuesday, May 12th 2020. View Earnings Estimates for Allot Communications.

Allot Communications updated its FY 2020 Pre-Market earnings guidance on Tuesday, February, 4th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $135-140 million, compared to the consensus revenue estimate of $122.74 million.

1 brokerages have issued 1-year target prices for Allot Communications' shares. Their forecasts range from $11.50 to $11.50. On average, they expect Allot Communications' stock price to reach $11.50 in the next year. This suggests a possible upside of 2.2% from the stock's current price. View Analyst Price Targets for Allot Communications.

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Allot Communications in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Allot Communications.

News coverage about ALLT stock has been trending somewhat positive recently, InfoTrie reports. InfoTrie identifies negative and positive media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Allot Communications earned a media sentiment score of 1.2 on InfoTrie's scale. They also assigned news coverage about the communications equipment provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near term. View News Stories for Allot Communications.

Allot Communications saw a decline in short interest in the month of January. As of January 31st, there was short interest totalling 495,800 shares, a decline of 17.2% from the January 15th total of 598,900 shares. Based on an average daily trading volume, of 107,700 shares, the short-interest ratio is presently 4.6 days. Currently, 1.6% of the shares of the stock are short sold. View Allot Communications' Current Options Chain.

Some companies that are related to Allot Communications include Extreme Networks (EXTR), A10 Networks (ATEN), Digi International (DGII), Silicom (SILC), Lantronix (LTRX), Intrusion (INTZ), BIO-key International (BKYI), BOS Better OnLine Sol (BOSC) and NEC (NIPNF).

Based on aggregate information from My MarketBeat watchlists, some companies that other Allot Communications investors own include Verizon Communications (VZ), Freeport-McMoRan (FCX), AT&T (T), Twitter (TWTR), Cisco Systems (CSCO), Expedia Group (EXPE), Intel (INTC), Pluristem Therapeutics (PSTI), QUALCOMM (QCOM) and Caterpillar (CAT).

Allot Communications' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Ancora Advisors LLC (0.13%) and Cowen Prime Services LLC (0.05%).

ALLT stock was sold by a variety of institutional investors in the last quarter, including Ancora Advisors LLC.

ALLT stock was bought by a variety of institutional investors in the last quarter, including Cowen Prime Services LLC.

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

One share of ALLT stock can currently be purchased for approximately $11.26.

Allot Communications has a market capitalization of $386.61 million and generates $110.10 million in revenue each year. The communications equipment provider earns $-8,660,000.00 in net income (profit) each year or ($0.32) on an earnings per share basis. View Additional Information About Allot Communications.

The official website for Allot Communications is http://www.allot.com/.

Allot Communications' mailing address is 22 HANGAR STREET NEVE NE`EMAN INDUSTRIAL ZONE B, HOD-HASHARON L3, 4501317. The communications equipment provider can be reached via phone at 972-9761-9200 or via email at [email protected]