Allot Communications (ALLT) Moves 5.2% Higher: Will This Strength Last?

Earnings Estimates and Stock Performance - The consensus EPS estimate for Allot Communications has remained unchanged over the last 30 days, indicating no significant trend in earnings estimate revisions [1] - Allot Communications' stock price rallied 5.2% in the last trading session, closing at $7.87, with notable trading volume [3] - The stock has gained 41.9% over the past four weeks, driven by robust growth in the company's Concrete Waste Management business [3] - Cipher Mining's consensus EPS estimate for the upcoming report remains unchanged at -$ 0.10, representing a -300% change from the previous year [2] - Cipher Mining's stock closed 3.4% lower at $4.81 in the last trading session and has returned -18.8% over the past month [1] Industry and Company Analysis - Allot Communications is part of the Zacks Technology Services industry and currently holds a Zacks Rank 2 (Buy) [1] - Cipher Mining, another company in the same industry, has a Zacks Rank of 5 (Strong Sell) [2] - Allot Communications is expected to post break-even quarterly earnings per share in its upcoming report, representing a year-over-year change of +100% [4] - Revenues for Allot Communications are expected to be$ 24.4 million, up 0.3% from the year-ago quarter [4] Market Trends and Correlations - Empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements [4] - The recent jump in Allot Communications' stock price may indicate potential strength, but further observation is needed to confirm sustained growth [1]