Brokerages expect Attunity Ltd (NASDAQ:ATTU) to report earnings of $0.09 per share for the current fiscal quarter, Zacks reports. Two analysts have provided estimates for Attunity’s earnings. The lowest EPS estimate is $0.08 and the highest is $0.10. The company is scheduled to report its next earnings results on Thursday, February 7th.
On average, analysts expect that Attunity will report full-year earnings of $0.45 per share for the current fiscal year, with EPS estimates ranging from $0.43 to $0.47. For the next year, analysts forecast that the company will post earnings of $0.56 per share, with EPS estimates ranging from $0.50 to $0.62. Zacks Investment Research’s earnings per share averages are an average based on a survey of research analysts that that provide coverage for Attunity.
Attunity (NASDAQ:ATTU) last released its quarterly earnings results on Thursday, November 1st. The technology company reported $0.16 EPS for the quarter, topping analysts’ consensus estimates of ($0.04) by $0.20. Attunity had a return on equity of 5.97% and a net margin of 2.45%. The company had revenue of $22.22 million for the quarter, compared to analysts’ expectations of $18.93 million.
A number of research analysts have commented on the company. Zacks Investment Research upgraded Attunity from a “hold” rating to a “strong-buy” rating and set a $25.00 price target on the stock in a research note on Wednesday, November 7th. BidaskClub upgraded Attunity from a “hold” rating to a “buy” rating in a research note on Thursday, November 8th. Craig Hallum increased their price objective on Attunity from $14.00 to $20.00 and gave the company a “buy” rating in a research note on Thursday, July 26th. TheStreet upgraded Attunity from a “c” rating to a “b-” rating in a research note on Friday, November 2nd. Finally, Roth Capital increased their price objective on Attunity from $13.00 to $20.00 and gave the company a “buy” rating in a research note on Thursday, July 26th. Five analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and an average target price of $24.50.
Hedge funds and other institutional investors have recently made changes to their positions in the company. First Manhattan Co. acquired a new stake in shares of Attunity in the third quarter valued at $113,000. Wells Fargo & Company MN acquired a new stake in shares of Attunity during the third quarter worth about $120,000. Cambridge Investment Research Advisors Inc. acquired a new stake in Attunity in the third quarter valued at about $209,000. Engineers Gate Manager LP acquired a new stake in Attunity in the second quarter valued at about $143,000. Finally, Citadel Advisors LLC acquired a new stake in shares of Attunity during the 2nd quarter valued at approximately $151,000. Institutional investors and hedge funds own 40.11% of the company’s stock.
NASDAQ:ATTU traded up $0.45 during trading hours on Friday, reaching $22.85. 422,331 shares of the stock were exchanged, compared to its average volume of 347,768. Attunity has a twelve month low of $6.27 and a twelve month high of $23.85. The stock has a market capitalization of $451.27 million, a price-to-earnings ratio of -73.71 and a beta of 1.83.
Attunity Ltd., together with its subsidiaries, develops, markets, sells, and supports data integration and Big Data management software solutions worldwide. It offers Attunity Replicate, a data replication software for delivering, sharing, and ensuring the availability of data for meeting business operations, analytics, and business intelligence needs; Attunity Gold Client, a replication software for data management within SAP environments; and Attunity Visibility, a software for data usage analytics in Big Data environments.
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