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How to Buy Allot Stock

Allot Ltd

Allot Ltd. provides network intelligence and security solutions to protect and personalize the digital experience in Europe, Asia, Oceania, the Middle East, Africa, and the Americas.

Allot stock last closed at $2.14, up 0.47% from the previous day, and has decreased 21.61% in one year. It has underperformed other stocks in the Software - Infrastructure industry by 0.38 percentage points. Allot stock is currently +79.83% from its 52-week low of $1.19, and -35.93% from its 52-week high of $3.34.

At the moment, there are 38.38M ALLT shares outstanding. The market cap of ALLT is $82.13M. In the last 24 hours, 8930 ALLT shares were traded.

How to Buy Allot Stock

Not sure how to invest in Allot stock? Here's how.
  1. Choose where to buy Allot stock: You need to decide on an online brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you decide where to buy Allot stock.
  2. Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
  3. Fund your investment account: Select your method of payment and add your information.
  4. Research Allot stock: The Allot ticker symbol is ALLT. Is Allot stock a good investment? Should you buy shares of ALLT? How do ALLT's underlying business fundamentals look? Do top analysts think Allot is a good buy? Why has ALLT's stock price moved recently? (Hint: Our stock market analysis website can help you figure out if ALLT is a good stock to buy).
  5. Execute your ALLT purchase: Decide if you will purchase ALLT shares at the current market price or use a limit order to buy ALLT shares at a particular price.
  6. Watch your investment in ALLT: Create a watchlist to keep track of your position in Allot shares.

Step 1: Choose where to buy Allot stock

You will need an online brokerage account to access the NASDAQ market and buy ALLT stock.

A brokerage account is an investment account that enables you to buy and sell a number of financial instruments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Open a brokerage account

Now that you've selected the right brokerage, you'll need to fill out some personal information so you can buy ALLT stock today.

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  2. Input your personal info to create a new brokerage account.
  1. Submit your details by clicking the "Create Account" button.
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Step 3: Fund your investment account

Now that you have finished signing up on one of the best stock trading apps, you can securely and quickly fund your account:

Check out the walkthrough below for more details transferring funds into your investment account.

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Step 4: Research Allot stock

After you have identified the best place to buy Allot stock, it's important to analyze their stock prior to buying, so you truly wrap your head around the risk and opportunity.

Allot quick stats

ALLT Price
$2.14
1w %
1.9%
1y %
-21.61%
5y %
-73.08%
P/E
-1.29x
P/B
1.65x
P/S
0.87x
PEG
N/A
Revenue
$93.15M
Earnings
-$62.80M
Fore. Rev. Growth
49.73%
Fore. Earn. Growth
N/A
Market Cap
$82.13M
Next Earnings
May 14, 2024
Next Dividend
N/A

ALLT Overview

WallStreetZen was created to help part-time investors perform more accurate fundamental analysis quickly.

You can see all of the due diligence checks on ALLT's stock page.

What is the fair value of ALLT stock?

Analysts use a variety of different financial metrics, analyses, models, and charts to gauge ALLT's intrinsic value.

Using relative valuations methods:

  • ALLT could be undervalued based on its P/B ratio of 1.65x, relative to Software - Infrastructure industry P/B ratio of 11.14x

You can access additional valuation research on ALLT's stock here.

ALLT Financial Summary

Positive Health Checks:

  • There are more short-term assets than short-term liabilities on the ALLT balance sheet.
  • ALLT has cash burn of 32225000. It has sufficient cash and short-term investments to cover this for at least one year.
  • There are more short-term assets than long-term liabilities on the ALLT balance sheet.

Negative Health Checks:

  • ALLT has a relatively high debt to equity ratio of 1.78.
  • ALLT has $54.77M in cash and short term investments. This is not enough to cover its annual cash burn of $32.23M.
  • ALLT profit margin has gone down from -26.1% to -67.4% in the past year.
  • Total ALLT debt is higher than 5 years ago, relative to shareholder equity.

Is ALLT stock a Buy, Hold, or Sell, according to analysts?

Out of 1 Wall Street analysts who research ALLT, the consensus analyst rating on Allot is a Buy

Please note that analyst forecasts are not recommendations, nor are they financial advice.

You can dive deeper into what analysts are forecasting on the Allot stock forecast page.

ALLT Technicals

SMA10
2.11
SMA20
2.19
SMA50
2.12
SMA100
1.87
SMA200
2
MACD
-0.01
MACD Signal
0
MACD Histogram
-0.01
RSI
49.51
Stochastic %K
39.33
Stochastic %D
31.27
StochRSI %K
35.79
StochRSI %D
22.59

ALLT Performance Metrics

Last year, ALLT revenue was $93.15M. Over the past five year, ALLT's revenue has increased by -0.57% per year. This was slower than the Software - Infrastructure industry average of 17.26%.

Dive into ALLT's earnings and revenue performance here.

Are ALLT executives and large shareholders buying or selling the stock?

Over the last year, executives and large shareholders at ALLT have not bought or sold any shares.

Dig into more about who owns ALLT stock here.

Can I get consistent income from ALLT stock?

No, Allot doesn't provide an income stream by paying out dividends.

What others are saying about ALLT

One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.

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Step 5: Execute your ALLT purchase

You have two primary options:

  • Market order: A market order is an order to buy or sell a security at the best available price.
    Market orders are usually the easiest way to buy.
  • Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
    If you want to make sure you're buying or selling at a particular price limit, place a limit order.

Click the Open Trade button and eToro will execute your order.

If you require additional help with investing in stocks on eToro, watch the helpful video below:

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Step 6: Watch your investment in ALLT

Now that you own some ALLT stock, you'll want to keep up with your investment.

Create a watchlist to get notified of the latest news about your ALLT stock.

ALLT Feed

How to Buy Stock in Allot

To reiterate, here are the 6 steps to buy stock in Allot:

  1. Choose where to buy Allot stock
  2. Open a brokerage account
  3. Fund your investment account
  4. Research Allot stock
  5. Execute your ALLT purchase
  6. Watch your investment in ALLT

If you require a brokerage, eToro is our favorite venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to keep tabs on your investment in Allot, hit the button below to create your watchlist.

NASDAQ: ALLT
$2.14+0.01 (+0.47%)
Updated Apr 25, 2024
Open eToro Account
NASDAQ: ALLT
$2.14+0.01 (+0.47%)
Updated Apr 25, 2024
Open eToro Account

FAQ

How much does it cost to buy one Allot share?

As of Apr 25, 2024, it costs $2.14 to buy one share of Allot stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $1, you can buy 0.467 shares of ALLT.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Allot stock?

According to 1 Wall Street analysts who monitor Allot, their consensus recommendation is to buy Allot stock.

What is the best way to buy Allot stock?

One way to place an order for Allot stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.