Wall Street analysts expect that Attunity Ltd (NASDAQ:ATTU) will report sales of $23.70 million for the current fiscal quarter, Zacks Investment Research reports. Two analysts have issued estimates for Attunity’s earnings. The highest sales estimate is $23.70 million and the lowest is $23.69 million. Attunity posted sales of $18.28 million during the same quarter last year, which would indicate a positive year over year growth rate of 29.6%. The company is scheduled to announce its next earnings results before the market opens on Thursday, January 31st.

According to Zacks, analysts expect that Attunity will report full year sales of $83.98 million for the current year, with estimates ranging from $83.96 million to $84.00 million. For the next year, analysts forecast that the firm will post sales of $100.50 million, with estimates ranging from $98.10 million to $102.89 million. Zacks’ sales calculations are a mean average based on a survey of sell-side analysts that follow Attunity.

Attunity (NASDAQ:ATTU) last issued its earnings results on Thursday, November 1st. The technology company reported $0.16 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.04) by $0.20. Attunity had a net margin of 2.45% and a return on equity of 5.97%. The firm had revenue of $22.22 million during the quarter, compared to the consensus estimate of $18.93 million.

Several brokerages have commented on ATTU. BidaskClub raised shares of Attunity from a “buy” rating to a “strong-buy” rating in a research note on Thursday, January 17th. Zacks Investment Research raised shares of Attunity from a “hold” rating to a “strong-buy” rating and set a $25.00 price objective for the company in a research report on Wednesday, November 7th. TheStreet raised shares of Attunity from a “c” rating to a “b-” rating in a research report on Friday, November 2nd. Finally, Craig Hallum reissued a “buy” rating and set a $24.00 price objective on shares of Attunity in a research report on Thursday, November 1st. They noted that the move was a valuation call. Three investment analysts have rated the stock with a buy rating and three have issued a strong buy rating to the company’s stock. The company currently has a consensus rating of “Strong Buy” and an average target price of $24.50.

Several hedge funds have recently modified their holdings of ATTU. Citadel Advisors LLC bought a new stake in shares of Attunity during the second quarter worth $151,000. Renaissance Technologies LLC boosted its holdings in Attunity by 125.2% during the second quarter. Renaissance Technologies LLC now owns 416,100 shares of the technology company’s stock worth $4,831,000 after purchasing an additional 231,320 shares during the last quarter. Millennium Management LLC acquired a new position in Attunity during the second quarter worth $950,000. United Services Automobile Association acquired a new position in Attunity during the second quarter worth $531,000. Finally, State of New Jersey Common Pension Fund D acquired a new position in Attunity during the third quarter worth $550,000. 49.20% of the stock is owned by institutional investors.

NASDAQ:ATTU traded up $2.02 during trading hours on Monday, hitting $23.35. The stock had a trading volume of 668,730 shares, compared to its average volume of 463,617. Attunity has a one year low of $6.51 and a one year high of $26.34. The company has a market capitalization of $456.10 million, a PE ratio of -75.32 and a beta of 1.85.

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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