Allot Communications (ALLT) Given News Sentiment Score of 0.28

News stories about Allot Communications (NASDAQ:ALLT) have been trending positive this week, Accern reports. The research firm rates the sentiment of news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Allot Communications earned a media sentiment score of 0.28 on Accern’s scale. Accern also assigned media stories about the communications equipment provider an impact score of 47.0604015156058 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

ALLT has been the topic of a number of research reports. ValuEngine raised shares of Allot Communications from a “sell” rating to a “hold” rating in a report on Thursday, May 11th. Oppenheimer Holdings, Inc. reaffirmed a “hold” rating on shares of Allot Communications in a research note on Sunday, May 14th. Finally, Zacks Investment Research raised shares of Allot Communications from a “strong sell” rating to a “hold” rating in a research note on Friday, July 14th.

Shares of Allot Communications (NASDAQ ALLT) opened at 4.86 on Friday. The stock has a 50 day moving average of $5.05 and a 200-day moving average of $4.91. The company’s market capitalization is $161.35 million. Allot Communications has a 1-year low of $4.50 and a 1-year high of $5.67.

Allot Communications (NASDAQ:ALLT) last issued its earnings results on Tuesday, August 1st. The communications equipment provider reported ($0.10) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.12) by $0.02. Allot Communications had a negative net margin of 14.06% and a negative return on equity of 5.88%. The firm had revenue of $19.52 million for the quarter, compared to analysts’ expectations of $19.20 million. During the same quarter last year, the business earned $0.01 earnings per share. The business’s revenue was down 15.1% on a year-over-year basis. Analysts forecast that Allot Communications will post ($0.24) earnings per share for the current year.

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Allot Communications Company Profile

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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