Northland Capmk Issues Optimistic Forecast for ALLT Earnings

Allot Communications Ltd (NASDAQ:ALLT - Free Report) - Analysts at Northland Capmk lifted their FY2024 earnings per share (EPS) estimates for Allot Communications in a research report issued to clients and investors on Wednesday, November 20th. Northland Capmk analyst N. Chokshi now forecasts that the communications equipment provider will post earnings of ($0.18) per share for the year, up from their previous forecast of ($0.24). Northland Capmk has a "Strong-Buy" rating on the stock. The consensus estimate for Allot Communications' current full-year earnings is ($0.18) per share. Northland Capmk also issued estimates for Allot Communications' Q3 2025 earnings at ($0.02) EPS, Q4 2025 earnings at ($0.03) EPS and FY2025 earnings at ($0.14) EPS.

Several other equities analysts also recently weighed in on the company. Northland Securities upgraded Allot Communications from a "market perform" rating to an "outperform" rating and increased their target price for the stock from $2.25 to $13.00 in a research report on Monday, August 5th. StockNews.com upgraded Allot Communications from a "hold" rating to a "buy" rating in a report on Wednesday, November 20th.

Allot Communications Price Performance

Allot Communications stock traded up $0.34 during midday trading on Monday, reaching $4.57. The company's stock had a trading volume of 851,384 shares, compared to its average volume of 109,915. Allot Communications has a fifty-two week low of $1.19 and a fifty-two week high of $4.64. The firm has a market capitalization of $175.67 million, a PE ratio of -7.03 and a beta of 1.04. The stock's 50 day simple moving average is $3.37 and its 200 day simple moving average is $2.92. The company has a debt-to-equity ratio of 0.83, a quick ratio of 2.06 and a current ratio of 2.32.

Allot Communications (NASDAQ:ALLT - Get Free Report) last released its quarterly earnings data on Tuesday, August 27th. The communications equipment provider reported ($0.08) earnings per share for the quarter, topping analysts' consensus estimates of ($0.09) by $0.01. Allot Communications had a negative net margin of 26.69% and a negative return on equity of 48.04%. The company had revenue of $22.16 million for the quarter, compared to analysts' expectations of $22.30 million.

Allot Communications Company Profile

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.