Allot Communications (ALLT) Stock Price, News & Analysis

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.

Key Stats

• Today's Range: $4.81 to $5.21
• 50-Day Range: $2.86 to $5.30
• 52-Week Range: $1.45 to $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

Allot Communications Stock Analysis - 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.

Analyst's Opinion

• Score: 3.8 / 5
• Analyst Rating: Strong Buy

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.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

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.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

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

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Allot Communications does not currently pay a dividend.

Dividend Growth

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

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

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 and Social Media

• Score: 4.0 / 5
• News Sentiment: 1.23

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.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

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.

ALLT Stock Analysis - Frequently Asked Questions

How have ALLT shares performed this year?

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

How were Allot Communications' earnings last quarter?

Allot Communications Ltd (NASDAQ:ALLT) announced its earnings results on Tuesday, November, 9th. The communications equipment provider reported ($0.07) earnings per share for the quarter, meeting the consensus estimate of ($0.07). The communications equipment provider had revenue of $38.16 million for the quarter. Allot Communications had a negative trailing twelve-month return on equity of 48.04% and a negative net margin of 26.69%.

Does Allot Communications have any subsidiaries?

Allot Communications subsidiaries include these companies: 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 more.

Who are Allot Communications' major shareholders?

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

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Allot Communications own?

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: 12/22/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Business Services
• Industry: Computer & office equipment
• Sub-Industry: N/A
• 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 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

• EPS (Most Recent Fiscal Year): ($0.65)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-62,800,000.00
• Net Margins: -26.69%
• Pretax Margin: -25.14%
• Return on Equity: -48.04%
• Return on Assets: -17.03%

Debt

• Debt-to-Equity Ratio: 0.83
• Current Ratio: 2.32
• Quick Ratio: 2.06

Sales & Book Value

• Annual Sales: $91.63 million
• Price / Sales: 2.10
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $1.33 per share
• Price / Book: 3.77

Miscellaneous

• Outstanding Shares: 38,442,000
• Free Float: 37,135,000
• Market Cap: $192.59 million
• Optionable: Optionable
• Beta: 1.09