$23.70 Million in Sales Expected for Attunity Ltd (ATTU) This Quarter
Wall Street brokerages expect Attunity Ltd (NASDAQ:ATTU) to announce sales of $23.70 million for the current fiscal quarter, Zacks reports. Two analysts have provided estimates for Attunity’s earnings. The lowest sales estimate is $23.69 million and the highest is $23.70 million. Attunity reported sales of $18.28 million in the same quarter last year, which would suggest a positive year over year growth rate of 29.6%. The business is scheduled to announce its next earnings results on Thursday, February 7th.
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 business will report sales of $100.50 million, with estimates ranging from $98.10 million to $102.89 million. Zacks Investment Research’s sales calculations are a mean average based on a survey of research analysts that cover Attunity.
Attunity (NASDAQ:ATTU) last issued its quarterly earnings results on Thursday, November 1st. The technology company reported $0.16 EPS for the quarter, topping the 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 analyst estimates of $18.93 million.
Several institutional investors have recently added to or reduced their stakes in ATTU. First Manhattan Co. acquired a new stake in shares of Attunity in the third quarter worth $113,000. Wells Fargo & Company MN acquired a new stake in shares of Attunity in the third quarter worth $120,000. Engineers Gate Manager LP acquired a new stake in shares of Attunity in the second quarter worth $143,000. Citadel Advisors LLC acquired a new stake in shares of Attunity in the second quarter worth $151,000. Finally, Cambridge Investment Research Advisors Inc. acquired a new stake in shares of Attunity in the third quarter worth $209,000. 49.20% of the stock is owned by institutional investors.
ATTU stock traded up $0.51 on Wednesday, hitting $20.72. 832,375 shares of the company were exchanged, compared to its average volume of 329,436. Attunity has a twelve month low of $6.51 and a twelve month high of $23.85. The firm has a market capitalization of $432.15 million, a price-to-earnings ratio of -66.84 and a beta of 1.98.
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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