We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Is Advantest (ATEYY) Outperforming Other Computer and Technology Stocks This Year?
Read MoreHide Full Article
Investors interested in Computer and Technology stocks should always be looking to find the best-performing companies in the group. Has Advantest Corp. (ATEYY - Free Report) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.
Advantest Corp. is one of 604 individual stocks in the Computer and Technology sector. Collectively, these companies sit at #5 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group.
The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. Advantest Corp. is currently sporting a Zacks Rank of #2 (Buy).
Within the past quarter, the Zacks Consensus Estimate for ATEYY's full-year earnings has moved 11.3% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
Based on the most recent data, ATEYY has returned 69.9% so far this year. In comparison, Computer and Technology companies have returned an average of 20.4%. This means that Advantest Corp. is performing better than its sector in terms of year-to-date returns.
Leidos (LDOS - Free Report) is another Computer and Technology stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 26.7%.
For Leidos, the consensus EPS estimate for the current year has increased 6.7% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, Advantest Corp. belongs to the Electronics - Measuring Instruments industry, a group that includes 5 individual stocks and currently sits at #33 in the Zacks Industry Rank. On average, this group has gained an average of 8% so far this year, meaning that ATEYY is performing better in terms of year-to-date returns.
In contrast, Leidos falls under the Computers - IT Services industry. Currently, this industry has 43 stocks and is ranked #103. Since the beginning of the year, the industry has moved -15.4%.
Going forward, investors interested in Computer and Technology stocks should continue to pay close attention to Advantest Corp. and Leidos as they could maintain their solid performance.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Is Advantest (ATEYY) Outperforming Other Computer and Technology Stocks This Year?
Investors interested in Computer and Technology stocks should always be looking to find the best-performing companies in the group. Has Advantest Corp. (ATEYY - Free Report) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.
Advantest Corp. is one of 604 individual stocks in the Computer and Technology sector. Collectively, these companies sit at #5 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group.
The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. Advantest Corp. is currently sporting a Zacks Rank of #2 (Buy).
Within the past quarter, the Zacks Consensus Estimate for ATEYY's full-year earnings has moved 11.3% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
Based on the most recent data, ATEYY has returned 69.9% so far this year. In comparison, Computer and Technology companies have returned an average of 20.4%. This means that Advantest Corp. is performing better than its sector in terms of year-to-date returns.
Leidos (LDOS - Free Report) is another Computer and Technology stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 26.7%.
For Leidos, the consensus EPS estimate for the current year has increased 6.7% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, Advantest Corp. belongs to the Electronics - Measuring Instruments industry, a group that includes 5 individual stocks and currently sits at #33 in the Zacks Industry Rank. On average, this group has gained an average of 8% so far this year, meaning that ATEYY is performing better in terms of year-to-date returns.
In contrast, Leidos falls under the Computers - IT Services industry. Currently, this industry has 43 stocks and is ranked #103. Since the beginning of the year, the industry has moved -15.4%.
Going forward, investors interested in Computer and Technology stocks should continue to pay close attention to Advantest Corp. and Leidos as they could maintain their solid performance.