Allot Communications (ALLT) Set to Announce Earnings on Tuesday
Allot Communications (NASDAQ:ALLT) is set to release its Q214 earnings data on Tuesday, August 5th. Analysts expect Allot Communications to post earnings of $0.08 per share and revenue of $28.78 million for the quarter.
Allot Communications (NASDAQ:ALLT) opened at 12.31 on Monday. Allot Communications has a 52-week low of $11.52 and a 52-week high of $18.09. The stock’s 50-day moving average is $13.0 and its 200-day moving average is $14.13. The company’s market cap is $405.5 million.
On a related note, analysts at Zacks downgraded shares of Allot Communications from a “neutral” rating to an “underperform” rating in a research note on Wednesday, May 7th. They now have a $12.10 price target on the stock. One investment analyst has rated the stock with a sell rating, three have given a hold rating and six have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus price target of $16.51.
Allot Communications Ltd. (NASDAQ:ALLT) is a provider of Internet protocol (IP) service optimization solutions for mobile, digital subscriber line (DSL) and wireless broadband carriers, cable operator service providers and enterprises.
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