Attunity (NASDAQ:ATTU) was upgraded by investment analysts at BidaskClub from a “hold” rating to a “buy” rating in a research note issued on Thursday, November 8th.
Other analysts also recently issued research reports about the stock. TheStreet raised shares of Attunity from a “c” rating to a “b-” rating in a research report on Friday, November 2nd. Roth Capital raised their price objective on shares of Attunity from $13.00 to $20.00 and gave the stock a “buy” rating in a research report on Thursday, July 26th. Craig Hallum raised their price objective on shares of Attunity from $14.00 to $20.00 and gave the stock a “buy” rating in a research report on Thursday, July 26th. Needham & Company LLC lifted their price target on shares of Attunity from $18.00 to $20.00 and gave the company a “buy” rating in a research report on Thursday, July 26th. Finally, Zacks Investment Research raised shares of Attunity from a “hold” rating to a “buy” rating and set a $18.00 price target for the company in a research report on Tuesday, October 9th. Five investment analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company. Attunity currently has an average rating of “Buy” and a consensus target price of $24.50.
Attunity stock traded up $0.06 during mid-day trading on Thursday, hitting $22.35. 286,616 shares of the stock were exchanged, compared to its average volume of 368,336. The firm has a market cap of $477.91 million, a price-to-earnings ratio of -72.10 and a beta of 1.83. Attunity has a 12 month low of $6.27 and a 12 month high of $23.85.
Attunity (NASDAQ:ATTU) last announced its quarterly earnings data on Thursday, November 1st. The technology company reported $0.16 EPS for the quarter, topping the consensus estimate of ($0.04) by $0.20. The company had revenue of $22.22 million during the quarter, compared to the consensus estimate of $18.93 million. Attunity had a net margin of 2.45% and a return on equity of 5.97%. Equities research analysts expect that Attunity will post 0.23 EPS for the current fiscal year.
A number of hedge funds and other institutional investors have recently bought and sold shares of ATTU. First Manhattan Co. acquired a new stake in Attunity in the 3rd quarter valued at $113,000. Wells Fargo & Company MN purchased a new position in Attunity during the 3rd quarter worth $120,000. Engineers Gate Manager LP purchased a new position in Attunity during the 2nd quarter worth $143,000. Citadel Advisors LLC purchased a new position in Attunity during the 2nd quarter worth $151,000. Finally, FNY Investment Advisers LLC purchased a new position in Attunity during the 2nd quarter worth $162,000. 40.42% of the stock is owned by institutional investors and hedge funds.
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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