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: $3.91 to $4.55
• 50-Day Range: $2.79 to $4.36
• 52-Week Range: $1.19 to $4.55
• Volume: 402,888 shs
• Average Volume: 105,186 shs
• Market Capitalization: $167.74 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $7.75
• Consensus Rating: Buy

Allot Communications Stock Analysis - MarketRank™

Allot Communications scored higher than 65% of companies evaluated by MarketBeat, and ranked 145th out of 323 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: 3.7 / 5
• Analyst Rating: Buy

Consensus Rating

Allot Communications has received a consensus rating of Buy. The company's average rating score is 3.33, and is based on 2 buy ratings, 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 ($0.24) to ($0.18) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Allot Communications is -6.71, 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 -6.71, 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 3.28. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.10% 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 0.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Allot Communications has recently decreased by 44.40%, indicating that investor sentiment is improving 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

0.10% 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 0.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Allot Communications has recently decreased by 44.40%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.5 / 5
• News Sentiment: 0.50

News Sentiment

Allot Communications has a news sentiment score of 0.50. 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 news sentiment score is similar to the average news sentiment of Business Services companies.

News Coverage This Week

MarketBeat has tracked 10 news articles for Allot Communications this week, compared to 1 article on an average week.

Search Interest

1 people have searched for ALLT on MarketBeat 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 start of the year. Since then, ALLT shares have increased by 164.5% and is now trading at $4.3637.
View the best growth stocks for 2024 here.

How were Allot Communications' earnings last quarter?

Allot Communications Ltd (NASDAQ:ALLT) announced its quarterly earnings results on Tuesday, August, 27th. The communications equipment provider reported ($0.08) earnings per share for the quarter, beating the consensus estimate of ($0.09) by $0.01. The communications equipment provider had revenue of $22.16 million for the quarter, compared to analysts' expectations of $22.30 million. Allot Communications had a negative net margin of 26.69% and a negative trailing twelve-month return on equity of 47.95%.

Does Allot Communications have any subsidiaries?

Allot Communications subsidiaries include 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?

Allot Communications' top institutional shareholders 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: 8/27/2024
• Today: 11/21/2024
• 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: $7.75
• High Stock Price Target: $13.00
• Low Stock Price Target: $2.50
• Potential Upside/Downside: +77.6%
• Consensus Rating: Buy
• Rating Score (0-4): 3.33
• Research Coverage: 3 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: -38.69%
• Return on Equity: -47.95%
• Return on Assets: -17.18%

Debt

• Debt-to-Equity Ratio: 0.85
• Current Ratio: 2.40
• Quick Ratio: 2.13

Sales & Book Value

• Annual Sales: $93.15 million
• Price / Sales: 1.80
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $1.33 per share
• Price / Book: 3.28

Miscellaneous

• Outstanding Shares: 38,440,000
• Free Float: 37,135,000
• Market Cap: $167.74 million
• Optionable: Optionable
• Beta: 1.04