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 $3.16, up 6.14% from the previous day, and has decreased 42.07% in one year. It has underperformed other stocks in the Communication Equipment industry by 0.31 percentage points. Allot stock is currently +30.16% from its 52-week low of $2.43, and -46.02% from its 52-week high of $5.86.
At the moment, there are 37.37M ALLT shares outstanding. The market cap of ALLT is $118.20M. In the last 24 hours, 182,111 ALLT shares were traded.
How to Buy Allot Stock
Not sure how to invest in Allot stock? Here's how.
- 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.
- Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Fund your investment account: Select your method of payment and add your information.
- 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).
- 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.
- 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.
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Open eToro AccountStep 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.
How to Open a New Account on eToro
- Click here to get started.
- Input your personal info to create a new brokerage account.
- Submit your details by clicking the "Create Account" button.
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.
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 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 1.26x, relative to Communication Equipment industry P/B ratio of 3.08x
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 $77.33M in cash and short term investments. This is enough to cover its annual cash burn of $39.23M.
- ALLT has cash burn of 39225000. 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 1.13.
- ALLT profit margin has gone down from -11.8% to -33.3% 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 2 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.
Most Recent ALLT Analyst Recommendations
Nehal Chokshi, a top 29% analyst from Northland Securities maintains ALLT with a buy rating and lowers their ALLT price target from $11.00 to $8.00, on May 17, 2023.
Alex Henderson, a top 2% analyst from Needham reiterates ALLT with a buy rating and maintains their ALLT price target from $4.50 to $4.50, on May 17, 2023.
You can dig deeper into what analysts are saying on the Allot stock forecast page.
Metrics for Advanced ALLT Traders
How is ALLT performing as a company?
Last year, ALLT revenue was $111.97M. During the last 5 year, ALLT's revenue has increased by 5.59% per year. This was faster than the Communication Equipment industry average of 4.7%.
You can analyze ALLT's earnings and revenue performance here.
Latest Insiders Trades at ALLT
Over the last year, executives and large shareholders at ALLT have not bought or sold any shares.
Learn more about who owns ALLT shares here.
Can I rely on ALLT as an income stream?
No, Allot doesn't provide an income stream by paying out dividends.
What others are saying about ALLT
One of the biggest reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to learn what other traders have to say.
Step 5: Execute your ALLT purchase
You have two primary options:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are mostly the best for newer investors. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at a particular dollar amount, use a limit order.
Press the Open Trade button and your broker will execute the order.
If you want additional info about investing in stocks on eToro, watch the helpful video below:
Step 6: Watch your investment in ALLT
Now that you own some ALLT stock, you'll want to stay up-to-date on your new company.
Create a watchlist to get the latest updates about your ALLT stock.
ALLT Feed
How to Buy Stock in Allot
To summarize, here are the 6 steps for buying Allot stock:
- Choose where to buy Allot stock
- Open a brokerage account
- Fund your investment account
- Research Allot stock
- Execute your ALLT purchase
- Watch your investment in ALLT
If you need a place to buy stocks, eToro is our favorite option.
Get Started with eToro TodayIf you would like to watch your new investment in Allot, create a watchlist on WallStreetZen today.
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