Shares of Attunity Ltd (NASDAQ:ATTU) have been assigned an average rating of “Buy” from the eight research firms that are presently covering the firm, MarketBeat.com reports. Four research analysts have rated the stock with a buy recommendation and three have given a strong buy recommendation to the company. The average 12 month price objective among brokers that have issued a report on the stock in the last year is $19.75.

ATTU has been the topic of a number of research analyst reports. TheStreet upgraded shares of Attunity from a “d+” rating to a “c-” rating in a research note on Thursday, April 26th. ValuEngine upgraded shares of Attunity from a “hold” rating to a “buy” rating in a research note on Wednesday, May 2nd. Zacks Investment Research upgraded shares of Attunity from a “hold” rating to a “buy” rating and set a $11.00 price objective on the stock in a research note on Wednesday, May 9th. Needham & Company LLC increased their price objective on shares of Attunity from $18.00 to $20.00 and gave the company a “buy” rating in a research note on Thursday, July 26th. Finally, Craig Hallum increased their price objective on shares of Attunity from $14.00 to $20.00 and gave the company a “buy” rating in a research note on Thursday, July 26th.

A number of hedge funds and other institutional investors have recently bought and sold shares of ATTU. Engineers Gate Manager LP bought a new position in Attunity during the 2nd quarter valued at $143,000. Citadel Advisors LLC bought a new position in Attunity during the 2nd quarter valued at $151,000. FNY Investment Advisers LLC bought a new position in Attunity during the 2nd quarter valued at $162,000. Whetstone Capital Advisors LLC bought a new position in shares of Attunity in the 1st quarter worth about $242,000. Finally, Deutsche Bank AG lifted its position in shares of Attunity by 100.4% in the 4th quarter. Deutsche Bank AG now owns 70,956 shares of the technology company’s stock worth $495,000 after buying an additional 35,556 shares during the last quarter. Hedge funds and other institutional investors own 27.83% of the company’s stock.

ATTU traded down $0.63 during trading hours on Monday, reaching $18.64. 441,600 shares of the stock traded hands, compared to its average volume of 143,263. The firm has a market cap of $399.51 million, a price-to-earnings ratio of -60.13, a PEG ratio of 48.18 and a beta of 1.73. Attunity has a fifty-two week low of $6.25 and a fifty-two week high of $19.63.

Attunity (NASDAQ:ATTU) last released its quarterly earnings results on Wednesday, July 25th. The technology company reported $0.08 earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.06) by $0.14. Attunity had a negative net margin of 2.18% and a negative return on equity of 0.10%. The business had revenue of $19.82 million during the quarter, compared to analyst estimates of $17.56 million. analysts forecast that Attunity will post 0.02 earnings per share for the current year.

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.

Further Reading: Outstanding Shares

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