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Has Attunity (ATTU) Outpaced Other Computer and Technology Stocks This Year?

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Investors focused on the Computer and Technology space have likely heard of Attunity (ATTU - Free Report) , but is the stock performing well in comparison to the rest of its sector peers? Let's take a closer look at the stock's year-to-date performance to find out.

Attunity is one of 625 individual stocks in the Computer and Technology sector. Collectively, these companies sit at #2 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.

The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. ATTU is currently sporting a Zacks Rank of #1 (Strong Buy).

Over the past 90 days, the Zacks Consensus Estimate for ATTU's full-year earnings has moved 150% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.

Based on the latest available data, ATTU has gained about 191.55% so far this year. Meanwhile, stocks in the Computer and Technology group have gained about 13.40% on average. This means that Attunity is performing better than its sector in terms of year-to-date returns.

Looking more specifically, ATTU belongs to the Internet - Software industry, a group that includes 70 individual stocks and currently sits at #82 in the Zacks Industry Rank. This group has gained an average of 32.67% so far this year, so ATTU is performing better in this area.

Investors with an interest in Computer and Technology stocks should continue to track ATTU. The stock will be looking to continue its solid performance.




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