Allot Communications (ALLT) to Release Earnings on Tuesday

Allot Communications (NASDAQ:ALLT) is scheduled to be posting its quarterly earnings results before the market opens on Tuesday, November 19th. Analysts expect Allot Communications to post earnings of ($0.03) per share for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link.

Allot Communications (NASDAQ:ALLT) last posted its quarterly earnings data on Tuesday, August 27th. The communications equipment provider reported ($0.08) EPS for the quarter, topping analysts’ consensus estimates of ($0.09) by $0.01. Allot Communications had a negative net margin of 40.18% and a negative return on equity of 67.44%. The firm had revenue of $22.16 million during the quarter, compared to analyst estimates of $22.30 million. On average, analysts expect Allot Communications to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Allot Communications Trading Up 4.0 %

Allot Communications stock opened at $4.03 on Tuesday. The company has a 50 day moving average price of $3.19 and a 200 day moving average price of $2.79. Allot Communications has a 52 week low of $1.19 and a 52 week high of $4.11. The company has a debt-to-equity ratio of 0.85, a quick ratio of 2.13 and a current ratio of 2.40. The firm has a market capitalization of $154.72 million, a price-to-earnings ratio of -4.19 and a beta of 1.04.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on ALLT. StockNews.com lowered shares of Allot Communications from a “buy” rating to a “hold” rating in a research note on Tuesday, August 13th. Northland Capmk raised shares of Allot Communications from a “hold” rating to a “strong-buy” rating in a research note on Monday, August 5th. Finally, Northland Securities raised shares of Allot Communications from a “market perform” rating to an “outperform” rating and raised their price objective for the stock from $2.25 to $13.00 in a research note on Monday, August 5th.

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.