Somewhat Favorable Press Coverage Somewhat Unlikely to Impact Allot Communications (ALLT) Share Price
News articles about Allot Communications (NASDAQ:ALLT) have been trending somewhat positive this week, Accern Sentiment Analysis reports. Accern identifies positive and negative media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Allot Communications earned a news sentiment score of 0.09 on Accern’s scale. Accern also assigned media coverage about the communications equipment provider an impact score of 46.3888821251088 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Allot Communications (ALLT) opened at 5.11 on Wednesday. The stock’s market cap is $169.65 million. Allot Communications has a 12 month low of $4.50 and a 12 month high of $5.67. The stock’s 50 day moving average price is $4.97 and its 200-day moving average price is $4.92.
Allot Communications (NASDAQ:ALLT) last released its earnings results on Tuesday, August 1st. The communications equipment provider reported ($0.10) EPS for the quarter, topping analysts’ consensus estimates of ($0.12) by $0.02. The business had revenue of $19.52 million during the quarter, compared to analysts’ expectations of $19.20 million. Allot Communications had a negative net margin of 14.06% and a negative return on equity of 5.88%. The company’s quarterly revenue was down 15.1% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.01 earnings per share. Equities analysts expect that Allot Communications will post ($0.24) EPS for the current year.
A number of equities research analysts have issued reports on ALLT shares. Oppenheimer Holdings, Inc. reiterated a “hold” rating on shares of Allot Communications in a research note on Tuesday, August 1st. Zacks Investment Research upgraded Allot Communications from a “sell” rating to a “hold” rating in a research report on Thursday, July 20th. Finally, ValuEngine upgraded Allot Communications from a “sell” rating to a “hold” rating in a research report on Wednesday, September 6th.
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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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