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 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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