NASDAQ:ALLTAllot Communications Stock Price, Forecast & News

Allot Communications' stock was trading at $9.20 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, ALLT shares have increased by 16.0% and is now trading at $10.67. View which stocks have been most impacted by Coronavirus.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Allot Communications in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Allot Communications.

Allot Communications is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Allot Communications.

Allot Communications Ltd (NASDAQ:ALLT) issued its earnings results on Tuesday, May, 12th. The communications equipment provider reported ($0.01) earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of ($0.09) by $0.08. The communications equipment provider earned $29.29 million during the quarter. Allot Communications had a negative net margin of 6.13% and a negative return on equity of 7.27%. View Allot Communications' earnings history.

Allot Communications issued an update on its FY 2020 Pre-Market earnings guidance on Tuesday, May, 12th. 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 $135.08 million.

2 equities research analysts have issued 1-year target prices for Allot Communications' shares. Their forecasts range from $15.00 to $15.00. On average, they anticipate Allot Communications' share price to reach $15.00 in the next twelve months. This suggests a possible upside of 40.6% from the stock's current price. View analysts' price targets for Allot Communications.

Media headlines about ALLT stock have been trending very positive this week, according to InfoTrie Sentiment. The research firm scores the sentiment of media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Allot Communications earned a media sentiment score of 3.5 on InfoTrie's scale. They also gave media headlines about the communications equipment provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the near term. View the latest news aboutAllot Communications.

Allot Communications saw a decrease in short interest in May. As of May 15th, there was short interest totaling 215,500 shares, a decrease of 7.7% from the April 30th total of 233,600 shares. Based on an average trading volume of 184,800 shares, the short-interest ratio is presently 1.2 days. Approximately 0.7% of the shares of the stock are sold short. View Allot Communications' Current Options Chain.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Allot Communications investors own include Inseego (INSG), QUALCOMM (QCOM), Alibaba Group (BABA), NVIDIA (NVDA), AT&T (T), Verizon Communications (VZ), CEVA (CEVA), Cisco Systems (CSCO), Gilead Sciences (GILD) and Intel (INTC).

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

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

ALLT stock was acquired 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 $10.67.

Allot Communications has a market capitalization of $368.34 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.

The official website for Allot Communications is 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 972-9762-8419 or via email at [email protected]