FY2019 EPS Estimates for Advantest Corp Lifted by Analyst (ATEYY)

Advantest Corp (OTCMKTS:ATEYY) – Research analysts at Jefferies Financial Group lifted their FY2019 EPS estimates for shares of Advantest in a report issued on Tuesday, March 12th. Jefferies Financial Group analyst M. Nakanomyo now forecasts that the company will earn $2.63 per share for the year, up from their prior estimate of $2.26. Jefferies Financial Group has a “Buy” rating on the stock. Jefferies Financial Group also issued estimates for Advantest’s FY2020 earnings at $1.90 EPS and FY2021 earnings at $2.27 EPS.

Separately, Zacks Investment Research cut Advantest from a “hold” rating to a “sell” rating in a research report on Monday.

Advantest stock opened at $21.51 on Friday. The company has a market cap of $4.40 billion, a PE ratio of 25.61, a P/E/G ratio of 0.65 and a beta of 0.98. Advantest has a 12 month low of $16.20 and a 12 month high of $25.80.

Advantest Company Profile

Advantest Corporation manufactures and sells semiconductor and component test system products and mechatronics-related products. It operates through Semiconductor and Component Test System; Mechatronics System; and Services, Support and Others segments. 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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Earnings History and Estimates for Advantest (OTCMKTS:ATEYY)

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