FY2023 EPS Estimates for Advantest Co. Boosted by Analyst (OTCMKTS:ATEYY)

Advantest Co. (OTCMKTS:ATEYYGet Rating) – Jefferies Financial Group boosted their FY2023 earnings per share estimates for Advantest in a research note issued on Tuesday, August 2nd. Jefferies Financial Group analyst M. Nakanomyo now expects that the company will earn $5.23 per share for the year, up from their previous estimate of $5.00. The consensus estimate for Advantest’s current full-year earnings is $5.00 per share. Jefferies Financial Group also issued estimates for Advantest’s FY2024 earnings at $5.48 EPS and FY2025 earnings at $5.82 EPS.

Advantest Stock Performance

Shares of Advantest stock opened at $64.18 on Friday. The firm has a market capitalization of $12.63 billion, a price-to-earnings ratio of 14.72 and a beta of 1.24. Advantest has a fifty-two week low of $50.87 and a fifty-two week high of $105.10. The stock has a 50 day moving average of $57.82 and a 200 day moving average of $68.59.

Advantest Company Profile

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Advantest Corporation manufactures and sells semiconductor and component test system products and mechatronics-related products. It operates through three segments: Semiconductor and Component Test System; Mechatronics System; and Services, Support and Others. The Semiconductor and Component Test System segment provides customers with test system products for the semiconductor industry and the electronic parts industry.

Further Reading

Earnings History and Estimates for Advantest (OTCMKTS:ATEYY)

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