Advantest (ATEYY) Stock Price, News & Analysis

Company Overview

Advantest Corporation manufactures and sells semiconductors, component test system products, and mechatronics related products in Japan, the Americas, Europe, and Asia. The company operates through three segments: Semiconductor and Component Test System; Mechatronics Related Business; 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, as well as offers test systems for SoC semiconductor devices, and test systems for memory semiconductors devices. The Mechatronics Related Business segment provides test handlers; mechatronic-applied products for handling semiconductor devices; and device interfaces, which serve as interfaces with the devices that are measured, as well as nano-technology related products. The Services, Support and Others segment provides test solutions of system level testing customer solutions for the semiconductor and modules, and support services. This segment is also involved in the sale of consumables and used products, and equipment lease and other businesses. It also engages in the research and development activities and provides maintenance and support services. The company was incorporated in 1946 and is headquartered in Tokyo, Japan.

Key Stats

• Today's Range: $54.10 to $55.00
• 50-Day Range: $39.51 to $54.38
• 52-Week Range: $23.48 to $55.00
• Volume: 54,852 shs
• Average Volume: 233,655 shs
• Market Capitalization: $40.14 billion
• P/E Ratio: 77.70
• Dividend Yield: 0.26%
• Price Target: N/A
• Consensus Rating: Strong Buy

Advantest Stock Analysis - MarketRank™

Advantest scored higher than 51% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Advantest.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 36.25%

Earnings Growth

Earnings for Advantest are expected to grow by 36.25% in the coming year, from $0.80 to $1.09 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Advantest is 77.70, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 132.82.

Price to Earnings Ratio vs. Sector

The P/E ratio of Advantest is 77.70, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 259.22.

Price to Book Value per Share Ratio

Advantest has a P/B Ratio of 13.50. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.01% of the outstanding shares of Advantest have been sold short.

Short Interest Ratio / Days to Cover

Advantest has a short interest ratio ("days to cover") of 0.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Advantest has recently increased by 338.73%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Advantest has a dividend yield of 0.27%, which is in the bottom 25% of all stocks that pay dividends.

Dividend Growth

Advantest does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Advantest is 24.14%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Advantest will have a dividend payout ratio of 12.84% next year. This indicates that Advantest will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.01% of the outstanding shares of Advantest have been sold short.

Short Interest Ratio / Days to Cover

Advantest has a short interest ratio ("days to cover") of 0.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Advantest has recently increased by 338.73%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 1.7 / 5
• News Sentiment: 0.06

News Sentiment

Advantest has a news sentiment score of 0.06. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.58 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Advantest this week, compared to 0 articles on an average week.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Advantest insiders have not sold or bought any company stock.

Percentage Held by Institutions

Only 0.01% of the stock of Advantest is held by institutions.

ATEYY Stock Analysis - Frequently Asked Questions

How have ATEYY shares performed this year?

Advantest's stock was trading at $33.75 at the start of the year. Since then, ATEYY stock has increased by 61.2% and is now trading at $54.39.
View the best growth stocks for 2024 here.

How were Advantest's earnings last quarter?

Advantest Co. (OTCMKTS:ATEYY) announced its quarterly earnings results on Wednesday, July, 31st. The company reported $0.21 EPS for the quarter. The firm had revenue of $889.88 million for the quarter, compared to the consensus estimate of $680.79 million. Advantest had a trailing twelve-month return on equity of 18.20% and a net margin of 14.65%.

When did Advantest's stock split?

Advantest's stock split on the morning of Thursday, September 28th 2023. The 4-1 split was announced on Thursday, September 28th 2023. The newly minted shares were issued to shareholders after the closing bell on Thursday, September 28th 2023. An investor that had 100 shares of stock prior to the split would have 400 shares after the split.

How do I buy shares of Advantest?

Shares of ATEYY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Company Calendar

• Last Earnings: 7/31/2024
• Today: 10/17/2024
• Fiscal Year End: 3/31/2025

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Computer and Technology
• Industry: Semiconductors & related devices
• Sub-Industry: N/A
• Current Symbol: OTCMKTS:ATEYY
• Previous Symbol: NYSE:ATE
• CUSIP: N/A
• CIK: 1158838
• Web: www.advantest.com
• Phone: (133) 214-7500
• Fax: 813-3976-0343
• Employees: 6,766
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): $0.58
• Trailing P/E Ratio: 77.70
• Forward P/E Ratio: 67.99
• P/E Growth: N/A
• Net Income: $429.80 million
• Net Margins: 14.65%
• Pretax Margin: 16.07%
• Return on Equity: 18.20%
• Return on Assets: 11.61%

Debt

• Debt-to-Equity Ratio: 0.17
• Current Ratio: 3.33
• Quick Ratio: 1.71

Sales & Book Value

• Annual Sales: $3.37 billion
• Price / Sales: 11.91
• Cash Flow: $0.87 per share
• Price / Cash Flow: 62.75
• Book Value: $4.03 per share
• Price / Book: 13.50

Miscellaneous

• Outstanding Shares: 738,047,000
• Free Float: N/A
• Market Cap: $40.14 billion
• Optionable: Not Optionable
• Beta: 1.48