Analysts forecast that Attunity Ltd (NASDAQ:ATTU) will report $15.94 million in sales for the current fiscal quarter, according to Zacks. Three analysts have issued estimates for Attunity’s earnings. The highest sales estimate is $16.00 million and the lowest is $15.91 million. Attunity posted sales of $13.84 million in the same quarter last year, which would indicate a positive year-over-year growth rate of 15.2%. The firm is scheduled to issue its next earnings report on Thursday, April 26th.
According to Zacks, analysts expect that Attunity will report full-year sales of $15.94 million for the current fiscal year, with estimates ranging from $73.50 million to $74.09 million. For the next financial year, analysts expect that the company will post sales of $86.70 million per share. Zacks’ sales averages are a mean average based on a survey of research firms that follow Attunity.
Attunity (NASDAQ:ATTU) last issued its quarterly earnings data on Thursday, February 1st. The technology company reported ($0.06) earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.01 by ($0.07). Attunity had a negative return on equity of 14.54% and a negative net margin of 10.81%. The business had revenue of $18.28 million for the quarter, compared to analysts’ expectations of $17.84 million.
A number of research analysts have recently weighed in on the stock. Zacks Investment Research cut shares of Attunity from a “hold” rating to a “sell” rating in a research note on Friday, February 2nd. ValuEngine raised shares of Attunity from a “sell” rating to a “hold” rating in a research note on Thursday, November 2nd. Needham & Company LLC assumed coverage on shares of Attunity in a research note on Monday, December 11th. They set a “buy” rating and a $13.00 price objective for the company. William Blair assumed coverage on shares of Attunity in a research note on Monday, December 18th. They set an “outperform” rating for the company. Finally, Roth Capital raised their price objective on shares of Attunity to $13.00 and gave the stock a “buy” rating in a research note on Thursday, November 2nd. Two analysts have rated the stock with a sell rating and three have issued a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of $13.00.
A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Unterberg Capital LLC boosted its position in Attunity by 52.2% during the fourth quarter. Unterberg Capital LLC now owns 700,000 shares of the technology company’s stock worth $4,886,000 after acquiring an additional 240,000 shares during the last quarter. Royce & Associates LP boosted its position in Attunity by 11.1% during the fourth quarter. Royce & Associates LP now owns 399,465 shares of the technology company’s stock worth $2,788,000 after acquiring an additional 40,000 shares during the last quarter. P.A.W. Capital Corp acquired a new stake in Attunity during the fourth quarter worth approximately $2,094,000. Penn Capital Management Co. Inc. acquired a new stake in Attunity during the fourth quarter worth approximately $1,811,000. Finally, Renaissance Technologies LLC boosted its position in Attunity by 24.5% during the fourth quarter. Renaissance Technologies LLC now owns 225,700 shares of the technology company’s stock worth $1,575,000 after acquiring an additional 44,400 shares during the last quarter. Hedge funds and other institutional investors own 22.02% of the company’s stock.
Attunity (ATTU) opened at $6.98 on Tuesday. Attunity has a 12 month low of $6.25 and a 12 month high of $9.54. The firm has a market cap of $140.37, a P/E ratio of -17.90 and a beta of 1.58.
Attunity Ltd (Attunity) is a provider of Big Data management software solutions that enable access, management, sharing and distribution of data across heterogeneous enterprise platforms, organizations and the cloud. The Company’s software solutions include data replication and distribution (Attunity Replicate, change data capture (CDC) and Attunity Gold Client Solutions), test data management (Attunity Gold Client Solutions), data connectivity (Attunity Connect), enterprise file replication (AttunityRepliWeb), managed-file-transfer (Attunity MFT), data warehouse automation (Attunity Compose), data usage analytics (Attunity Visibility) and cloud data delivery (AttunityCloudBeam).
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