Attunity Ltd (NASDAQ:ATTU) has been given an average rating of “Hold” by the seven brokerages that are currently covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and two have assigned a buy recommendation to the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is $24.00.
ATTU has been the subject of a number of analyst reports. ValuEngine downgraded shares of Attunity from a “strong-buy” rating to a “buy” rating in a research note on Friday, March 1st. BidaskClub downgraded shares of Attunity from a “strong-buy” rating to a “buy” rating in a research note on Monday, February 4th. Zacks Investment Research upgraded shares of Attunity from a “hold” rating to a “buy” rating and set a $26.00 target price for the company in a research note on Tuesday, March 19th. Craig Hallum downgraded shares of Attunity from a “buy” rating to a “hold” rating in a research note on Thursday, January 31st. Finally, Roth Capital downgraded shares of Attunity from a “buy” rating to a “neutral” rating in a research note on Thursday, February 21st.
Several hedge funds have recently modified their holdings of ATTU. Oberweis Asset Management Inc. acquired a new position in shares of Attunity during the fourth quarter worth $19,406,000. Disciplined Growth Investors Inc. MN purchased a new stake in Attunity in the third quarter valued at $5,441,000. Tibra Equities Europe Ltd purchased a new stake in Attunity in the first quarter valued at $4,974,000. Morgan Stanley lifted its position in Attunity by 13,631.7% in the third quarter. Morgan Stanley now owns 213,116 shares of the technology company’s stock valued at $4,025,000 after acquiring an additional 211,564 shares during the last quarter. Finally, BlackRock Inc. lifted its position in Attunity by 600.5% in the third quarter. BlackRock Inc. now owns 47,345 shares of the technology company’s stock valued at $894,000 after acquiring an additional 40,586 shares during the last quarter. Hedge funds and other institutional investors own 52.41% of the company’s stock.
Shares of NASDAQ:ATTU traded up $0.02 during trading on Friday, hitting $23.41. The company’s stock had a trading volume of 231,426 shares, compared to its average volume of 696,850. The company has a market cap of $500.29 million, a price-to-earnings ratio of 73.16, a price-to-earnings-growth ratio of 3.23 and a beta of 1.94. Attunity has a fifty-two week low of $7.64 and a fifty-two week high of $27.32.
Attunity (NASDAQ:ATTU) last posted its quarterly earnings results on Thursday, January 31st. The technology company reported $0.12 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.02 by $0.10. The business had revenue of $25.98 million during the quarter, compared to the consensus estimate of $23.70 million. Attunity had a net margin of 6.95% and a return on equity of 11.23%. As a group, research analysts expect that Attunity will post 0.29 earnings per share for the current fiscal year.
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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