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Research Analysts Set Expectations for Advantest Co.’s FY2023 Earnings (OTCMKTS:ATEYY)
Originally reported on www.defenseworld.net
Advantest Co. (OTCMKTS:ATEYY – Get Rating) – Research analysts at Jefferies Financial Group boosted their FY2023 earnings per share (EPS) estimates for Advantest in a research report issued to clients and investors on Tuesday, August 2nd. Jefferies Financial Group analyst M. Nakanomyo now anticipates that the company will earn $5.23 per share for the year, up from their prior forecast 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 Price Performance
Shares of Advantest stock opened at $64.18 on Friday. The business has a 50 day simple moving average of $57.82 and a two-hundred day simple moving average of $68.59. Advantest has a 12 month low of $50.87 and a 12 month high of $105.10. The stock has a market capitalization of $12.63 billion, a P/E ratio of 14.72 and a beta of 1.24.
About Advantest
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
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