Attunity closed at $19.28 in the latest trading session, marking a -1.33% move from the prior day. This change was narrower than the S&P 500's 1.54% loss on the day. At the same time, the Dow lost 1.49%, and the tech-heavy Nasdaq lost 2.17%.
Prior to today's trading, shares of the data-management software company had lost 3.17% over the past month. This has was narrower than the Computer and Technology sector's loss of 4.64% and the S&P 500's loss of 6.77% in that time.
ATTU will be looking to display strength as it nears its next earnings release, which is expected to be February 7, 2019. Meanwhile, our latest consensus estimate is calling for revenue of $23.70 million, up 29.62% from the prior-year quarter.
ATTU's full-year Zacks Consensus Estimates are calling for earnings of $0.45 per share and revenue of $83.98 million. These results would represent year-over-year changes of +550% and +35.24%, respectively.
Investors should also note any recent changes to analyst estimates for ATTU. Recent revisions tend to reflect the latest near-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. ATTU is holding a Zacks Rank of #1 (Strong Buy) right now.
Looking at its valuation, ATTU is holding a Forward P/E ratio of 43.42. This represents a discount compared to its industry's average Forward P/E of 50.95.
The Internet - Software industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 25, which puts it in the top 10% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow ATTU in the coming trading sessions, be sure to utilize Zacks.com.
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Attunity (ATTU) Stock Moves -1.33%: What You Should Know
Attunity closed at $19.28 in the latest trading session, marking a -1.33% move from the prior day. This change was narrower than the S&P 500's 1.54% loss on the day. At the same time, the Dow lost 1.49%, and the tech-heavy Nasdaq lost 2.17%.
Prior to today's trading, shares of the data-management software company had lost 3.17% over the past month. This has was narrower than the Computer and Technology sector's loss of 4.64% and the S&P 500's loss of 6.77% in that time.
ATTU will be looking to display strength as it nears its next earnings release, which is expected to be February 7, 2019. Meanwhile, our latest consensus estimate is calling for revenue of $23.70 million, up 29.62% from the prior-year quarter.
ATTU's full-year Zacks Consensus Estimates are calling for earnings of $0.45 per share and revenue of $83.98 million. These results would represent year-over-year changes of +550% and +35.24%, respectively.
Investors should also note any recent changes to analyst estimates for ATTU. Recent revisions tend to reflect the latest near-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. ATTU is holding a Zacks Rank of #1 (Strong Buy) right now.
Looking at its valuation, ATTU is holding a Forward P/E ratio of 43.42. This represents a discount compared to its industry's average Forward P/E of 50.95.
The Internet - Software industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 25, which puts it in the top 10% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow ATTU in the coming trading sessions, be sure to utilize Zacks.com.