What is Northland Capmk’s Forecast for ALLT FY2024 Earnings?

Allot Communications Ltd (NASDAQ:ALLT) – Research analysts at Northland Capmk upped their FY2024 EPS estimates for Allot Communications in a research note issued to investors on Wednesday, November 20th. Northland Capmk analyst N. Chokshi now anticipates that the communications equipment provider will post earnings of ($0.18) per share for the year, up from their prior 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 ($0.18) 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.

Allot Communications (NASDAQ:ALLT) last issued its quarterly 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 company had revenue of $22.16 million during 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%.

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

Allot Communications Price Performance

NASDAQ ALLT opened at $4.57 on Monday. Allot Communications has a 12 month low of $1.19 and a 12 month high of $4.64. The firm has a market capitalization of $175.67 million, a PE ratio of -7.03 and a beta of 1.04. The company’s 50 day simple moving average is $3.37 and its 200 day simple moving average is $2.92. 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 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.