Research Analysts Offer Predictions for Advantest Co.’s Q2 2023 Earnings (OTCMKTS:ATEYY)
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Research Analysts Offer Predictions for Advantest Co.’s Q2 2023 Earnings (OTCMKTS:ATEYY)
Originally reported on www.defenseworld.net
Advantest Co. (OTCMKTS:ATEYY – Get Rating) – Equities research analysts at Jefferies Financial Group dropped their Q2 2023 earnings per share estimates for Advantest in a research note issued on Tuesday, August 2nd. Jefferies Financial Group analyst M. Nakanomyo now forecasts that the company will post earnings per share of $0.89 for the quarter, down from their previous forecast of $0.93. The consensus estimate for Advantest’s current full-year earnings is $5.00 per share.
Advantest Stock Performance
Shares of Advantest stock opened at $64.18 on Thursday. Advantest has a one year low of $50.87 and a one year high of $105.10. The company has a market cap of $12.63 billion, a price-to-earnings ratio of 14.72 and a beta of 1.24. The business’s 50 day moving average price is $57.82 and its 200 day moving average price is $68.59.
Advantest Company Profile
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.
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