Northland Capmk Brokers Increase Earnings Estimates for ALLT

Allot Communications Ltd (NASDAQ:ALLT) – Equities research analysts at Northland Capmk lifted their FY2024 earnings estimates for Allot Communications in a research note issued on Wednesday, November 20th. Northland Capmk analyst N. Chokshi now forecasts that the communications equipment provider will earn ($0.18) per share for the year, up from their previous forecast 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 ($0.24) 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.

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

ALLT has been the subject of a number of other research reports. StockNews.com raised shares of Allot Communications from a “hold” rating to a “buy” rating in a report on Wednesday, November 20th. Northland Securities upgraded shares of Allot Communications from a “market perform” rating to an “outperform” rating and lifted their price target for the company from $2.25 to $13.00 in a research report on Monday, August 5th.

Allot Communications Trading Down 3.6 %

ALLT stock opened at $4.23 on Monday. Allot Communications has a 52 week low of $1.19 and a 52 week high of $4.55. The company has a market capitalization of $162.61 million, a PE ratio of -6.51 and a beta of 1.04. The company’s 50-day simple moving average is $3.34 and its 200 day simple moving average is $2.90. The company has a debt-to-equity ratio of 0.83, a quick ratio of 2.13 and a current ratio of 2.32.

About Allot Communications

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.