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OTCMKTS:ATEYY

Advantest (ATEYY) Stock Price, News & Analysis

$39.51
-2.68 (-6.35%)
(As of 09/6/2024 ET)
Today's Range
$39.06
$41.40
50-Day Range
$36.35
$46.04
52-Week Range
$23.48
$49.90
Volume
147,457 shs
Average Volume
257,824 shs
Market Capitalization
$29.16 billion
P/E Ratio
68.12
Dividend Yield
0.35%
Price Target
N/A

Advantest MarketRank™ Stock Analysis

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
0.00% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.00mentions of Advantest in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
46.88%
From $0.64 to $0.94 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.47 out of 5 stars

ATEYY stock logo

About Advantest Stock (OTCMKTS:ATEYY)

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.

ATEYY Stock Price History

ATEYY Stock News Headlines

Jefferies Sticks to Its Buy Rating for Advantest (ADTTF)
Positive Report for Advantest (ADTTF) from Goldman Sachs
What is Nvidia’s New $1 Trillion SuperProject?
Taiwan Semiconductor, a partner of Nvidia’s for more than two decades, has seen its shares explode as much as 4,744%. Now, if you’re like everybody else, you want to know what Nvidia’s doing next … and who they’re going to partner with …
What Wall Street expects from Advantest's earnings
What is Nvidia’s New $1 Trillion SuperProject?
Taiwan Semiconductor, a partner of Nvidia’s for more than two decades, has seen its shares explode as much as 4,744%. Now, if you’re like everybody else, you want to know what Nvidia’s doing next … and who they’re going to partner with …
Here's what to expect from Advantest's earnings
New Strong Sell Stocks for May 8th
Advantest Corp ADR ATEYY
Advantest Corp DRC (VANAy)
See More Headlines
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Company Calendar

Last Earnings
7/31/2024
Today
9/07/2024
Fiscal Year End
3/31/2025

Industry, Sector and Symbol

Industry
Semiconductors & related devices
Sub-Industry
N/A
Current Symbol
OTCMKTS:ATEYY
Employees
6,766
Year Founded
N/A

Profitability

Net Income
$429.80 million
Pretax Margin
16.07%

Debt

Sales & Book Value

Annual Sales
$3.37 billion
Cash Flow
$0.71 per share
Book Value
$4.03 per share

Miscellaneous

Free Float
N/A
Market Cap
$29.16 billion
Optionable
Not Optionable
Beta
1.49
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Key Executives

  • Mr. Douglas Lefever (Age 54)
    Group CEO, Senior Executive Officer & Representative Director
    Comp: $1.02M
  • Mr. Koichi Tsukui (Age 60)
    President, Group COO, Senior Executive Officer & Representative Director
    Comp: $422.65k
  • Mr. Yasuo Mihashi (Age 59)
    CFO, CSO & Senior Executive Officer
  • Mr. Juergen Serrer (Age 59)
    CTO, Executive VP of ATE Business Group & Senior Executive Officer
  • Mr. Makoto Nakahara (Age 65)
    Chief Customer Relations Officer, Senior Executive Officer & Executive VP of Sales Group
  • Mr. Soichi Tsukakoshi (Age 64)
    Managing Executive Officer & Chief Production Officer
    Comp: $661.25k
  • Mr. Keith Hardwick
    Chief Compliance Officer, Chief Human Capital Officer & Senior Executive Officer
  • Mr. Yong Xu (Age 55)
    China Business Strategy & Senior Executive Officer
  • Mr. Michael Stichlmair (Age 61)
    Executive Officer & Senior VP of Sales Group
  • Mr. Sanjeev Mohan
    Co-Chief Customer Relations Officer & Senior Executive Officer

Should I Buy Advantest Stock? ATEYY Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Advantest Co.:

  • Advantest Co. reported strong quarterly earnings with an EPS of $0.21, exceeding analyst expectations. This indicates a healthy financial performance.
  • The company has a solid quick ratio of 1.71 and a current ratio of 3.33, reflecting strong liquidity positions to meet short-term obligations.
  • Advantest's revenue for the quarter was $889.88 million, surpassing analyst estimates of $680.79 million, showcasing robust revenue growth.
  • With a market capitalization of $31.55 billion, Advantest is a well-established company with a significant presence in the semiconductor industry.
  • Despite short-term fluctuations, Advantest's stock price has shown resilience, currently trading at $42.75, indicating stability in the market.

Cons

Investors should be bearish about investing in Advantest Co. for these reasons:

  • Short interest in Advantest Co. experienced a significant decrease of 90.7% in August, which may indicate reduced market interest or potential concerns among investors.
  • The company's price-to-earnings ratio stands at 73.71, which could be considered relatively high, potentially signaling overvaluation compared to industry peers.
  • Advantest's beta of 1.49 suggests higher volatility compared to the market average, which may pose risks for investors seeking stable returns.
  • While the company has shown strong financial performance, investors should consider the competitive landscape in the semiconductor industry, which could impact future growth prospects.
  • Investors should carefully monitor any changes in Advantest's debt-to-equity ratio, currently at 0.17, as higher debt levels could increase financial risk for the company.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Tuesday, September 3, 2024. Please send any questions or comments about these Advantest pros and cons to contact@marketbeat.com.

ATEYY Stock Analysis - Frequently Asked Questions

How have ATEYY shares performed this year?

Advantest's stock was trading at $33.75 on January 1st, 2024. Since then, ATEYY shares have increased by 17.1% and is now trading at $39.51.
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 earnings per share for the quarter. The company earned $889.88 million during 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 Thursday, September 28th 2023. The 4-1 split was announced on Thursday, September 28th 2023. The newly minted shares were payable to shareholders after the market closes 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.

This page (OTCMKTS:ATEYY) was last updated on 9/7/2024 by MarketBeat.com Staff

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