Zacks: Brokerages Anticipate Attunity Ltd (ATTU) to Announce $0.09 EPS

Equities research analysts expect that Attunity Ltd (NASDAQ:ATTU) will announce $0.09 earnings per share for the current quarter, Zacks Investment Research reports. Two analysts have made estimates for Attunity’s earnings. The highest EPS estimate is $0.10 and the lowest is $0.08. The business is expected to report its next quarterly earnings results on Thursday, February 7th.

According to Zacks, analysts expect that Attunity will report full year earnings of $0.40 per share for the current financial year, with EPS estimates ranging from $0.31 to $0.45. For the next year, analysts anticipate that the firm will post earnings of $0.49 per share, with EPS estimates ranging from $0.39 to $0.57. Zacks’ earnings per share averages are a mean average based on a survey of analysts that follow Attunity.

Attunity (NASDAQ:ATTU) last issued its earnings results on Thursday, November 1st. The technology company reported $0.16 EPS for the quarter, beating 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 business had revenue of $22.22 million during the quarter, compared to analyst estimates of $18.93 million.

A number of brokerages recently commented on ATTU. Craig Hallum boosted their target price on Attunity from $14.00 to $20.00 and gave the company a “buy” rating in a research report on Thursday, July 26th. Needham & Company LLC boosted their target price on Attunity from $18.00 to $20.00 and gave the company a “buy” rating in a research report on Thursday, July 26th. Zacks Investment Research raised Attunity from a “hold” rating to a “strong-buy” rating and set a $19.00 target price for the company in a research report on Tuesday, July 31st. BidaskClub lowered Attunity from a “strong-buy” rating to a “buy” rating in a research report on Friday, August 31st. Finally, Roth Capital boosted their target price on Attunity from $13.00 to $20.00 and gave the company a “buy” rating in a research report on Thursday, July 26th. Five equities research analysts have rated the stock with a buy rating and two have issued a strong buy rating to the stock. Attunity currently has a consensus rating of “Buy” and a consensus price target of $24.50.

Institutional investors and hedge funds have recently modified their holdings of the business. First Manhattan Co. bought a new stake in Attunity during the 3rd quarter worth approximately $113,000. Wells Fargo & Company MN purchased a new position in shares of Attunity in the 3rd quarter worth approximately $120,000. Engineers Gate Manager LP purchased a new position in shares of Attunity in the 2nd quarter worth approximately $143,000. Citadel Advisors LLC purchased a new position in shares of Attunity in the 2nd quarter worth approximately $151,000. Finally, FNY Investment Advisers LLC purchased a new position in shares of Attunity in the 2nd quarter worth approximately $162,000. 37.00% of the stock is owned by hedge funds and other institutional investors.

Attunity stock traded down $0.11 during midday trading on Friday, reaching $22.86. The stock had a trading volume of 236,587 shares, compared to its average volume of 301,560. Attunity has a 12 month low of $6.27 and a 12 month high of $23.85. The firm has a market capitalization of $490.11 million, a price-to-earnings ratio of -73.74 and a beta of 1.83.

Attunity Company Profile

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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