Northland Capmk Issues Optimistic Forecast for ALLT Earnings

Allot Communications Ltd (NASDAQ:ALLT) – Investment analysts at Northland Capmk increased their FY2024 EPS estimates for shares of Allot Communications in a research report issued 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 prior estimate of ($0.24). Northland Capmk currently 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.

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

Allot Communications Price Performance

Shares of NASDAQ:ALLT opened at $4.54 on Monday. The company’s fifty day moving average price is $3.37 and its 200-day moving average price is $2.92. The firm has a market capitalization of $174.52 million, a price-to-earnings ratio of -7.00 and a beta of 1.04. Allot Communications has a one year low of $1.19 and a one year high of $4.77. The company has a debt-to-equity ratio of 0.83, a current ratio of 2.32 and a quick ratio of 2.06.

Allot Communications (NASDAQ:ALLT) last posted its earnings results 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. The business had revenue of $22.16 million for the quarter, compared to analyst estimates 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.