During the last session, Allot Ltd (NASDAQ:ALLT)’s traded shares were 0.52 million, with the beta value of the company hitting 1.25. At the end of the trading day, the stock’s price was $5.85, reflecting an intraday loss of -3.31% or -$0.2. The 52-week high for the ALLT share is $9.44, that puts it down -61.37 from that peak though still a striking 65.98% gain since the share price plummeted to a 52-week low of $1.99. The company’s market capitalization is $224.88M, and the average intraday trading volume over the past 10 days was 0.61 million shares, and the average trade volume was 915.60K shares over the past three months.
Allot Ltd (ALLT) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.00. ALLT has a Sell rating from 0 analyst(s) out of 1 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.05.
Allot Ltd (NASDAQ:ALLT) trade information
Allot Ltd (ALLT) registered a -3.31% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -3.31% in intraday trading to $5.85, hitting a weekly high. The stock’s 5-day price performance is -7.29%, and it has moved by 0.17% in 30 days. Based on these gigs, the overall price performance for the year is 172.09%. The short interest in Allot Ltd (NASDAQ:ALLT) is 0.26 million shares and it means that shorts have 0.33 day(s) to cover.
Allot Ltd (ALLT) estimates and forecasts
In the rating firms’ projections, revenue will increase 4.34% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 20.2M as predicted by 1 analyst(s). Meanwhile, a consensus of 1 analyst(s) estimates revenue growth to 22.5M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 21.89M and 22.16M respectively. In this case, analysts expect current quarter sales to shrink by -7.72% and then jump by 1.52% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 9.82%. While earnings are projected to return 50.00% in 2025.
ALLT Dividends
Allot Ltd is due to release its next quarterly earnings on 2025-Feb-24. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Allot Ltd (NASDAQ:ALLT)’s Major holders
Allot Ltd insiders own 1.16% of total outstanding shares while institutional holders control 65.04%, with the float percentage being 65.81%. LYNROCK LAKE LP is the largest shareholder of the company, while 63.0 institutions own stock in it. As of 2024-06-30, the company held over 8.77 million shares (or 22.6508% of all shares), a total value of $20.34 million in shares.
The next largest institutional holding, with 2.86 million shares, is of QVT FINANCIAL LP’s that is approximately 7.3806% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $6.63 million.
Also, the Mutual Funds coming in first place with the largest holdings of Allot Ltd (ALLT) shares are World Funds Trust-Philotimo Focused Growth and Income Fund and ARK ETF Trust-ARK Israel Innovative Technology ETF . Data provided on Dec 31, 2024 indicates that World Funds Trust-Philotimo Focused Growth and Income Fund owns about 1.09 shares. This amounts to just over 2.75 percent of the company’s overall shares, with a $6.36 million market value. The same data shows that the other fund manager holds slightly less at 248.49, or about 0.63% of the stock, which is worth about $1.45 million.
