Share on StockTwits

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.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.