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NASDAQ:ALLT

Allot Communications (ALLT) Stock Price, News & Analysis

Allot Communications logo
$5.01 +0.10 (+2.04%)
(As of 12/20/2024 05:31 PM ET)

About Allot Communications Stock (NASDAQ:ALLT)

Key Stats

Today's Range
$4.81
$5.21
50-Day Range
$2.86
$5.30
52-Week Range
$1.45
$5.50
Volume
554,416 shs
Average Volume
149,411 shs
Market Capitalization
$192.59 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$13.00
Consensus Rating
Strong Buy

Company Overview

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.

Allot Communications Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
61st Percentile Overall Score

ALLT MarketRank™: 

Allot Communications scored higher than 61% of companies evaluated by MarketBeat, and ranked 134th out of 333 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Allot Communications has received a consensus rating of Strong Buy. The company's average rating score is 3.50, and is based on 1 buy rating, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Allot Communications has received no research coverage in the past 90 days.

  • Read more about Allot Communications' stock forecast and price target.
  • Earnings Growth

    Earnings for Allot Communications are expected to grow in the coming year, from ($0.18) to ($0.14) per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Allot Communications is -7.71, 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 -7.71, 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 3.77. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • 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 0.3, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Allot Communications has recently increased by 36.65%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Allot Communications does not currently pay a dividend.

  • Dividend Growth

    Allot Communications does not have a long track record of dividend growth.

  • 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 0.3, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Allot Communications has recently increased by 36.65%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Allot Communications has a news sentiment score of 1.23. 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 0.58 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.
  • Search Interest

    18 people have searched for ALLT on MarketBeat in the last 30 days. This is an increase of 1,700% compared to the previous 30 days.
  • MarketBeat Follows

    3 people have added Allot Communications to their MarketBeat watchlist in the last 30 days.
  • 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.

  • Read more about Allot Communications' insider trading history.
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ALLT Stock News Headlines

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Allot Achieves Profit with Strong SECaaS Growth
See More Headlines

ALLT Stock Analysis - Frequently Asked Questions

Allot Communications' stock was trading at $1.65 at the beginning of the year. Since then, ALLT shares have increased by 203.6% and is now trading at $5.01.
View the best growth stocks for 2024 here
.

Allot Communications Ltd (NASDAQ:ALLT) issued its earnings results on Tuesday, November, 9th. The communications equipment provider reported ($0.07) earnings per share 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 26.69% and a negative trailing twelve-month return on equity of 48.04%.

The following companies are subsidiaries of Allot Communications: Netonomy, Allot Australia (PTY) LTD, Allot Communications Africa (PTY) Ltd, Allot Communications (Asia Pacific) Pte. Limited, Allot Communications (Colombia) S.A.S, Allot Communications Europe SARL, Allot Communications Inc., and others.

Top institutional shareholders of Allot Communications include Clal Insurance Enterprises Holdings Ltd (4.07%) and Wolverine Trading LLC.

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.

Based on aggregate information from My MarketBeat watchlists, some other companies that Allot Communications investors own include NVIDIA (NVDA), Broadcom (AVGO), Adobe (ADBE), General Electric (GE), Palo Alto Networks (PANW), Advanced Micro Devices (AMD) and Intel (INTC).

Company Calendar

Last Earnings
11/09/2021
Today
12/21/2024
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
$13.00
High Stock Price Target
$13.00
Low Stock Price Target
$13.00
Potential Upside/Downside
+159.5%
Consensus Rating
Strong Buy
Rating Score (0-4)
3.50
Research Coverage
2 Analysts

Profitability

Net Income
$-62,800,000.00
Pretax Margin
-25.14%

Debt

Sales & Book Value

Annual Sales
$91.63 million
Book Value
$1.33 per share

Miscellaneous

Free Float
37,135,000
Market Cap
$192.59 million
Optionable
Optionable
Beta
1.09

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This page (NASDAQ:ALLT) was last updated on 12/22/2024 by MarketBeat.com Staff
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