Brokers Offer Predictions for Advantest Co.’s Q1 2023 Earnings (OTCMKTS:ATEYY)

Advantest Co. (OTCMKTS:ATEYYGet Rating) – Jefferies Financial Group issued their Q1 2023 earnings per share (EPS) estimates for shares of Advantest in a research report issued to clients and investors on Saturday, May 7th. Jefferies Financial Group analyst M. Nakanomyo anticipates that the company will post earnings of $1.15 per share for the quarter. Jefferies Financial Group also issued estimates for Advantest’s FY2024 earnings at $5.50 EPS and FY2025 earnings at $5.96 EPS.

Separately, Zacks Investment Research downgraded Advantest from a “buy” rating to a “hold” rating in a research note on Tuesday, April 12th.

Shares of ATEYY stock opened at $64.42 on Tuesday. The stock’s fifty day moving average price is $71.76 and its two-hundred day moving average price is $82.16. The company has a market cap of $12.67 billion, a PE ratio of 14.78 and a beta of 1.16. Advantest has a fifty-two week low of $64.28 and a fifty-two week high of $105.10.

About Advantest (Get Rating)

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.

See Also

Earnings History and Estimates for Advantest (OTCMKTS:ATEYY)

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