Shares of Attunity Ltd (NASDAQ:ATTU) have earned an average recommendation of “Buy” from the eight analysts that are covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is $21.75.
ATTU has been the topic of several recent research reports. Zacks Investment Research downgraded Attunity from a “strong-buy” rating to a “hold” rating in a report on Wednesday, July 4th. Needham & Company LLC lifted their target price on Attunity from $18.00 to $20.00 and gave the stock a “buy” rating in a report on Thursday, July 26th. Craig Hallum lifted their target price on Attunity from $14.00 to $20.00 and gave the stock a “buy” rating in a report on Thursday, July 26th. Roth Capital lifted their target price on Attunity from $13.00 to $20.00 and gave the stock a “buy” rating in a report on Thursday, July 26th. Finally, BidaskClub raised Attunity from a “buy” rating to a “strong-buy” rating in a report on Tuesday, July 31st.
A number of institutional investors and hedge funds have recently made changes to their positions in ATTU. Essex Investment Management Co. LLC raised its position in shares of Attunity by 4.3% in the 3rd quarter. Essex Investment Management Co. LLC now owns 160,562 shares of the technology company’s stock worth $3,033,000 after acquiring an additional 6,591 shares in the last quarter. Taylor Frigon Capital Management LLC bought a new position in shares of Attunity in the 3rd quarter worth about $1,273,000. First Manhattan Co. bought a new position in shares of Attunity in the 3rd quarter worth about $113,000. State of New Jersey Common Pension Fund D bought a new position in shares of Attunity in the 3rd quarter worth about $550,000. Finally, United Services Automobile Association bought a new position in shares of Attunity in the 2nd quarter worth about $531,000. 38.37% of the stock is currently owned by hedge funds and other institutional investors.
Shares of ATTU opened at $15.83 on Friday. The stock has a market cap of $348.71 million, a price-to-earnings ratio of -51.06 and a beta of 1.79. Attunity has a 12 month low of $6.27 and a 12 month high of $22.11.
Attunity (NASDAQ:ATTU) last announced its earnings results on Wednesday, July 25th. The technology company reported $0.08 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.06) by $0.14. The firm had revenue of $19.82 million for the quarter, compared to the consensus estimate of $17.56 million. Attunity had a negative return on equity of 0.10% and a negative net margin of 2.18%. Equities analysts anticipate that Attunity will post 0.02 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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