With 0.3 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.17 million shares. During the session, the Software – Infrastructure company that operates in wider Technology sector, reached to the highest price of $4.55 whereas the lowest price it dropped to was $4.33. The 52-week range on ALLT shows that it touched its highest point at $4.77 and its lowest point at $1.19 during that stretch. It currently has a 1-year price target of $13.00. Beta for the stock currently stands at 1.11.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of ALLT was up-trending over the past week, with a rise of 14.29%, but this was up by 27.91% over a month. Three-month performance surged to 33.74% while six-month performance rose 103.70%. The stock gained 235.88% in the past year, while it has gained 166.67% so far this year. A look at the trailing 12-month EPS for ALLT yields -0.64 with Next year EPS estimates of 0.06. For the next quarter, that number is 0.00. This implies an EPS growth rate of 99.29% for this year and 700.00% for next year. EPS is expected to decline by -3.90% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -39.92%.
Float and Shares Shorts:
At present, 38.38 million ALLT shares are outstanding with a float of 28.50 million shares on hand for trading. On 2024-10-31, short shares totaled 28334.0, which was 6.999999999999999 higher than short shares on 1727654400. In addition to Mr. Assaf Eyal as the firm’s Senior Vice President of Global Sales, Mr. Mark Shteiman serves as its Senior Vice President of Allot Smart Business Unit.
Institutional Ownership:
Through their ownership of 0.56808 of ALLT’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-06-30, ALLT reported revenue of $23235000.0 and operating income of -$217000.0. The EBITDA in the recently reported quarter was $1032000.0 and diluted EPS was -$0.01.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for ALLT since 1 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With ALLT analysts setting a high price target of 13.0 and a low target of 13.0, the average target price over the next 12 months is 13.0. Based on these targets, ALLT could surge 195.45% to reach the target high and rise by 195.45% to reach the target low. Reaching the average price target will result in a growth of 195.45% from current levels.
Analysts have provided yearly estimates in a range of -$0.01 being high and -$0.01 being low. For ALLT, this leads to a yearly average estimate of -$0.01. The surprise factor in the prior quarter was -$0.04. Based on analyst estimates, the high estimate for the next quarter is $0.0 and the low estimate is $0.0. The average estimate for the next quarter is thus $0.0.
