Northland Capmk Issues Optimistic Forecast for ALLT Earnings

Allot Communications Ltd (NASDAQ:ALLT) – Research analysts at Northland Capmk lifted their FY2024 EPS estimates for shares of Allot Communications in a note issued to investors on Wednesday, November 20th. Northland Capmk analyst N. Chokshi now anticipates that the communications equipment provider will earn ($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.

Other equities research analysts have also recently issued reports about the stock. Northland Securities raised shares of Allot Communications from a “market perform” rating to an “outperform” rating and raised their target price for the stock from $2.25 to $13.00 in a research report on Monday, August 5th. StockNews.com raised shares of Allot Communications from a “hold” rating to a “buy” rating in a research report on Wednesday, November 20th.

Allot Communications Trading Down 0.7 %

Shares of ALLT opened at $4.54 on Monday. The firm has a fifty day simple moving average of $3.37 and a two-hundred day simple moving average of $2.92. Allot Communications has a twelve month low of $1.19 and a twelve month high of $4.77. The company has a quick ratio of 2.06, a current ratio of 2.32 and a debt-to-equity ratio of 0.83. The stock has a market capitalization of $174.52 million, a P/E ratio of -7.00 and a beta of 1.04.

Allot Communications (NASDAQ:ALLT) last 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 business had revenue of $22.16 million during the quarter, compared to analysts’ expectations of $22.30 million. Allot Communications had a negative net margin of 26.69% and a negative return on equity of 48.04%.

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.