Allot Communications (ALLT) Given Daily News Sentiment Rating of 0.13
Media coverage about Allot Communications (NASDAQ:ALLT) has trended somewhat positive recently, Accern Sentiment reports. Accern identifies positive and negative media coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Allot Communications earned a news sentiment score of 0.13 on Accern’s scale. Accern also assigned media coverage about the communications equipment provider an impact score of 46.4471160736681 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Several research firms have recently weighed in on ALLT. Oppenheimer Holdings, Inc. reiterated a “hold” rating on shares of Allot Communications in a research note on Tuesday, August 1st. Zacks Investment Research downgraded shares of Allot Communications from a “hold” rating to a “sell” rating in a research note on Tuesday, August 15th. Finally, ValuEngine downgraded shares of Allot Communications from a “hold” rating to a “sell” rating in a research note on Thursday.
Allot Communications (NASDAQ ALLT) traded up 0.19% during trading on Friday, hitting $5.25. 2,050 shares of the stock traded hands. The company’s market cap is $174.30 million. Allot Communications has a 52-week low of $4.50 and a 52-week high of $5.67. The firm has a 50-day moving average price of $5.10 and a 200 day moving average price of $4.97.
Allot Communications (NASDAQ:ALLT) last issued its quarterly earnings data on Tuesday, August 1st. The communications equipment provider reported ($0.10) earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.12) by $0.02. Allot Communications had a negative net margin of 14.06% and a negative return on equity of 5.88%. The firm had revenue of $19.52 million for the quarter, compared to analysts’ expectations of $19.20 million. During the same quarter in the prior year, the business earned $0.01 EPS. The business’s quarterly revenue was down 15.1% on a year-over-year basis. On average, equities analysts expect that Allot Communications will post ($0.24) EPS for the current year.
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About Allot Communications
Allot Communications Ltd. (Allot) is a global provider of security and monetization solutions that enable mobile, fixed and enterprise service providers to protect and personalize the digital experience. The Company has a global and diverse customer base composed of mobile and fixed broadband service providers, cable operators, private networks, data centers, governments and enterprises, such as financial and educational institutions.
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