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 33.8% and is now trading at $45.16. View the best growth stocks for 2024 here .

How were Advantest's earnings last quarter?

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

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 issued shares were issued 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 .

OTCMKTS:ATEYY

Advantest (ATEYY) Stock Price, News & Analysis

$45.16

-0.09 (-0.20%)

(As of 09/16/2024 ET)

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About Advantest Stock (OTCMKTS:ATEYY)

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Key Stats

Today's Range: $44.53
▼
$45.17
50-Day Range: $36.35
▼
$46.04
52-Week Range: $23.48
▼
$49.90
Volume: 28,118 shs
Average Volume: 252,825 shs
Market Capitalization: $33.33 billion
P/E Ratio: 77.86
Dividend Yield: 0.31%
Price Target: N/A
Consensus Rating: N/A

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.

Advantest Stock Analysis - MarketRank™

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Overall MarketRank™: 58th Percentile

Advantest scored higher than 58% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Consensus Rating
There is not enough analysis data for Advantest.
Read more about Advantest's stock forecast and price target.

Earnings Growth
Earnings for Advantest are expected to grow by 31.71% in the coming year, from $0.82 to $1.08 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Advantest is 77.86, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.82.
Price to Earnings Ratio vs. Sector
The P/E ratio of Advantest is 77.86, 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 275.83.
Price to Book Value per Share Ratio
Advantest has a P/B Ratio of 11.21. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Percentage of Shares Shorted
0.02% 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 0.6, 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 3,147.73%, indicating that investor sentiment is decreasing significantly.

Dividend Yield
Advantest has a dividend yield of 0.35%, 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 12.96% next year. This indicates that Advantest will be able to sustain or increase its dividend.
Read more about Advantest's dividend.

Percentage of Shares Shorted
0.02% 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 0.6, 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 3,147.73%, indicating that investor sentiment is decreasing significantly.

News Sentiment
Advantest has a news sentiment score of 0.62. 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 news sentiment score is similar to the average news sentiment of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for Advantest this week, compared to 0 articles on an average week.
Search Interest
1 people have searched for ATEYY on MarketBeat in the last 30 days.

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.
Read more about Advantest's insider trading history.

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ATEYY Stock News Headlines

Analyzing Advantest (OTCMKTS:ATEYY) and Arteris (NASDAQ:AIP)

September 15 at 2:53 AM | americanbankingnews.com

Advantest Co. (OTCMKTS:ATEYY) Sees Significant Growth in Short Interest

September 14 at 3:13 AM | americanbankingnews.com

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Jefferies Sticks to Its Buy Rating for Advantest (ADTTF)

September 3, 2024 | markets.businessinsider.com

Positive Report for Advantest (ADTTF) from Goldman Sachs

September 3, 2024 | markets.businessinsider.com

Advantest Corporation (ATEYY) Q1 2024 Earnings Call Transcript

August 4, 2024 | seekingalpha.com

Japan's Advantest ups FY profit outlook by 53% on stronger chip tester demand

July 31, 2024 | yahoo.com

Advantest GAAP EPS of Yen 32.25, revenue of Yen 138.73B

July 31, 2024 | msn.com

See More Headlines

ATEYY Stock Analysis - Frequently Asked Questions

: Advantest's stock was trading at $33.75 on January 1st, 2024. Since then, ATEYY shares have increased by 33.8% and is now trading at $45.16.
View the best growth stocks for 2024 here.
: Advantest Co. (OTCMKTS:ATEYY) posted its quarterly earnings results on Wednesday, July, 31st. The company reported $0.21 earnings per share (EPS) for the quarter. The business had revenue of $889.88 million for the quarter, compared to analysts' expectations of $680.79 million. Advantest had a net margin of 14.65% and a trailing twelve-month return on equity of 18.20%.
: Advantest's stock split on Thursday, September 28th 2023. The 4-1 split was announced on Thursday, September 28th 2023. The newly issued shares were issued 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.
: 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: 9/16/2024
Fiscal Year End: 3/31/2025

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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: 77.86
Forward P/E Ratio: 55.07
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: 9.89
Cash Flow: $0.87 per share
Price / Cash Flow: 51.90
Book Value: $4.03 per share
Price / Book: 11.21

Miscellaneous

Outstanding Shares: 738,047,000
Free Float: N/A
Market Cap: $33.33 billion
Optionable: Not Optionable
Beta: 1.49

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Should I Buy Advantest Stock? ATEYY Pros and Cons Explained

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.

Advantest
Bull Case

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.

Advantest
Bear Case

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.

This page (OTCMKTS:ATEYY) was last updated on 9/17/2024 by MarketBeat.com Staff

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