Zacks: Attunity Ltd. (ATTU) Given $10.33 Consensus Target Price by Analysts
Attunity Ltd. (NASDAQ:ATTU) has been assigned a consensus broker rating score of 1.67 (Buy) from the three brokers that provide coverage for the company, Zacks Investment Research reports. One equities research analyst has rated the stock with a hold recommendation and two have given a strong buy recommendation to the company. Attunity’s rating score has declined by 67% from three months ago as a result of various analysts’ upgrades and downgrades.
Brokers have set a 1 year consensus price objective of $10.33 for the company and are predicting that the company will post ($0.06) earnings per share for the current quarter, according to Zacks. Zacks has also given Attunity an industry rank of 72 out of 265 based on the ratings given to its competitors.
Several analysts have issued reports on the company. Craig Hallum cut Attunity from a “buy” rating to a “hold” rating in a report on Wednesday, November 2nd. Zacks Investment Research cut Attunity from a “hold” rating to a “strong sell” rating in a report on Tuesday, November 8th.
Several institutional investors have recently added to or reduced their stakes in ATTU. Boothbay Fund Management LLC boosted its position in Attunity by 28.3% in the first quarter. Boothbay Fund Management LLC now owns 21,064 shares of the company’s stock worth $151,000 after buying an additional 4,642 shares in the last quarter. California Public Employees Retirement System acquired a new position in Attunity during the second quarter worth $215,000. G2 Investment Partners Management LLC boosted its position in Attunity by 0.6% in the third quarter. G2 Investment Partners Management LLC now owns 89,576 shares of the company’s stock worth $595,000 after buying an additional 500 shares in the last quarter. Tanaka Capital Management Inc. boosted its position in Attunity by 267.0% in the second quarter. Tanaka Capital Management Inc. now owns 221,243 shares of the company’s stock worth $2,060,000 after buying an additional 160,963 shares in the last quarter. Finally, Royce & Associates LP boosted its position in Attunity by 5.0% in the second quarter. Royce & Associates LP now owns 326,200 shares of the company’s stock worth $3,037,000 after buying an additional 15,500 shares in the last quarter. Institutional investors and hedge funds own 17.42% of the company’s stock.
Attunity (NASDAQ:ATTU) traded up 0.09% during mid-day trading on Wednesday, hitting $5.65. The company had a trading volume of 38,154 shares. The company’s market capitalization is $94.94 million. The company has a 50-day moving average price of $5.61 and a 200 day moving average price of $7.80. Attunity has a 52-week low of $4.15 and a 52-week high of $14.25.
Attunity (NASDAQ:ATTU) last issued its earnings results on Wednesday, November 2nd. The company reported ($0.10) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.03 by $0.13. The company earned $13 million during the quarter, compared to analysts’ expectations of $14.92 million. Attunity had a negative net margin of 22.49% and a negative return on equity of 18.73%. On average, analysts forecast that Attunity will post ($0.19) EPS for the current fiscal year.
Attunity Company Profile
Attunity Ltd (Attunity) is a provider of Big Data management software solutions that enable access, management, sharing and distribution of data across heterogeneous enterprise platforms, organizations and the cloud. The Company’s software solutions include data replication and distribution (Attunity Replicate, change data capture (CDC) and Attunity Gold Client Solutions), test data management (Attunity Gold Client Solutions), data connectivity (Attunity Connect), enterprise file replication (AttunityRepliWeb), managed-file-transfer (Attunity MFT), data warehouse automation (Attunity Compose), data usage analytics (Attunity Visibility) and cloud data delivery (AttunityCloudBeam).
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