Attunity Ltd (ATTU) Expected to Post Earnings of $0.09 Per Share

Wall Street brokerages forecast that Attunity Ltd (NASDAQ:ATTU) will post earnings of $0.09 per share for the current fiscal quarter, Zacks Investment Research reports. Two analysts have provided estimates for Attunity’s earnings, with estimates ranging from $0.08 to $0.10. The firm is scheduled to issue its next earnings results on Thursday, February 7th.

According to Zacks, 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 anticipate that the business will post earnings of $0.56 per share, with EPS estimates ranging from $0.50 to $0.62. Zacks Investment Research’s EPS averages are a mean average based on a survey of sell-side 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 earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.04) by $0.20. Attunity had a net margin of 2.45% and a return on equity of 5.97%. The business had revenue of $22.22 million during the quarter, compared to analyst estimates of $18.93 million.



A number of research firms have recently issued reports on ATTU. BidaskClub upgraded shares of Attunity from a “hold” rating to a “buy” rating in a research report on Thursday, November 8th. Zacks Investment Research upgraded shares of Attunity from a “hold” rating to a “strong-buy” rating and set a $25.00 price target on the stock in a research report on Wednesday, November 7th. TheStreet upgraded shares of Attunity from a “c” rating to a “b-” rating in a research report on Friday, November 2nd. Craig Hallum restated a “buy” rating and issued a $24.00 price target on shares of Attunity in a research report on Thursday, November 1st. They noted that the move was a valuation call. Finally, Needham & Company LLC raised their price target on shares of Attunity from $20.00 to $24.00 and gave the stock a “buy” rating in a research report on Monday, August 20th. Five analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of $24.50.

Attunity stock opened at $18.92 on Monday. Attunity has a 1 year low of $6.27 and a 1 year high of $23.85. The stock has a market capitalization of $404.56 million, a PE ratio of -61.03 and a beta of 1.98.

Institutional investors have recently bought and sold shares of the company. Morgan Stanley lifted its position in Attunity by 13,631.7% in the 3rd quarter. Morgan Stanley now owns 213,116 shares of the technology company’s stock valued at $4,025,000 after purchasing an additional 211,564 shares during the last quarter. Disciplined Growth Investors Inc. MN bought a new stake in Attunity in the 3rd quarter valued at about $5,441,000. Worth Venture Partners LLC bought a new stake in Attunity in the 3rd quarter valued at about $561,000. Whetstone Capital Advisors LLC lifted its position in Attunity by 10.5% in the 3rd quarter. Whetstone Capital Advisors LLC now owns 640,528 shares of the technology company’s stock valued at $12,100,000 after purchasing an additional 60,762 shares during the last quarter. Finally, Citadel Advisors LLC lifted its position in Attunity by 150.4% in the 3rd quarter. Citadel Advisors LLC now owns 32,476 shares of the technology company’s stock valued at $613,000 after purchasing an additional 19,504 shares during the last quarter. Institutional investors own 49.20% of the company’s stock.

About Attunity

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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