Allot Communications (ALLT) Earns Daily Media Sentiment Rating of 0.20
News articles about Allot Communications (NASDAQ:ALLT) have trended somewhat positive on Tuesday, according to Accern. The research group identifies negative and positive press coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Allot Communications earned a news sentiment score of 0.20 on Accern’s scale. Accern also gave news coverage about the communications equipment provider an impact score of 45.841220282469 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Several equities research analysts recently weighed in on the stock. ValuEngine downgraded shares of Allot Communications from a “hold” rating to a “sell” rating in a research report on Thursday, October 5th. Zacks Investment Research raised shares of Allot Communications from a “sell” rating to a “hold” rating in a research report on Thursday, July 20th. Finally, Oppenheimer Holdings, Inc. reissued a “hold” rating on shares of Allot Communications in a research report on Tuesday, August 1st.
Shares of Allot Communications (ALLT) traded up 0.74% during midday trading on Tuesday, hitting $5.48. 13,094 shares of the company traded hands. Allot Communications has a 52 week low of $4.50 and a 52 week high of $5.67. The company has a 50-day moving average price of $5.25 and a 200-day moving average price of $5.04. The stock’s market capitalization is $181.94 million.
Allot Communications (NASDAQ:ALLT) last posted its quarterly earnings data on Tuesday, August 1st. The communications equipment provider reported ($0.10) EPS for the quarter, topping the consensus estimate of ($0.12) by $0.02. The firm had revenue of $19.52 million during the quarter, compared to analyst estimates of $19.20 million. Allot Communications had a negative net margin of 14.06% and a negative return on equity of 5.88%. Allot Communications’s revenue was down 15.1% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.01 EPS. Analysts anticipate that Allot Communications will post ($0.24) earnings per share for the current fiscal year.
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Allot Communications Company Profile
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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