Equities research analysts expect that Attunity Ltd (NASDAQ:ATTU) will announce $22.37 million in sales for the current fiscal quarter, according to Zacks Investment Research. Two analysts have provided estimates for Attunity’s earnings, with the highest sales estimate coming in at $22.43 million and the lowest estimate coming in at $22.30 million. Attunity reported sales of $18.23 million in the same quarter last year, which would suggest a positive year-over-year growth rate of 22.7%. The business is expected to report its next quarterly earnings results on Thursday, May 2nd.

On average, analysts expect that Attunity will report full year sales of $106.03 million for the current financial year, with estimates ranging from $106.00 million to $106.06 million. For the next financial year, analysts forecast that the company will post sales of $125.10 million. Zacks Investment Research’s sales averages are an average based on a survey of sell-side research firms that cover Attunity.

Attunity (NASDAQ:ATTU) last issued its quarterly earnings data on Thursday, January 31st. The technology company reported $0.12 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.02 by $0.10. Attunity had a net margin of 6.95% and a return on equity of 11.23%. The company had revenue of $25.98 million for the quarter, compared to analyst estimates of $23.70 million.

Several equities research analysts have recently weighed in on the company. Zacks Investment Research cut Attunity from a “buy” rating to a “hold” rating in a research report on Thursday, April 11th. BidaskClub downgraded Attunity from a “buy” rating to a “hold” rating in a research report on Monday, April 1st. ValuEngine cut Attunity from a “strong-buy” rating to a “buy” rating in a report on Friday, March 1st. Craig Hallum cut Attunity from a “buy” rating to a “hold” rating in a report on Thursday, January 31st. Finally, Roth Capital cut Attunity from a “buy” rating to a “neutral” rating in a report on Thursday, February 21st. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating to the company. The company presently has an average rating of “Hold” and an average target price of $24.75.

Institutional investors and hedge funds have recently made changes to their positions in the company. FNY Investment Advisers LLC purchased a new stake in shares of Attunity in the 1st quarter worth $58,000. Wells Fargo & Company MN bought a new position in Attunity during the 3rd quarter worth approximately $120,000. Raymond James & Associates bought a new position in Attunity during the 4th quarter worth approximately $225,000. D.A. Davidson & CO. bought a new position in Attunity during the 4th quarter worth approximately $641,000. Finally, Bank of New York Mellon Corp bought a new position in Attunity during the 3rd quarter worth approximately $676,000. Hedge funds and other institutional investors own 52.41% of the company’s stock.

Shares of ATTU opened at $23.41 on Monday. Attunity has a twelve month low of $7.64 and a twelve month high of $27.32. The stock has a market cap of $500.58 million, a PE ratio of 73.16, a P/E/G ratio of 3.23 and a beta of 1.94.

About Attunity

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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