Aehr Test Systems (AEHR) concluded trading on 01/10/24 at a closing price of $18.59, with 9.38 million shares of worth about $174.32 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -53.40% during that period and on Wednesday the price saw a loss of about -16.82%. Currently the company’s common shares owned by public are about 28.54M shares, out of which, 27.02M shares are available for trading.
A deeper look into what the analysts at Wall Street are thinking about the price target of this stock provides us with the following: 2 analysts are covering the AEHR stock and their offered price forecasts bring an average price target of $25.00. Over the next 12 months, analysts forecasted that the stock’s price could jump as high as $25.00 and could fall to a lowest price of $25.00. The stock’s current price level is 69.02% above of average price target set by the analysts, while a rise to estimated low would result in gain of 25.64% for the stock. However, touching the estimated high of $25.00 would mean a gain of 25.64% for the stock.
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According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 169 times over the past 12 months. They bought 633,237 shares in 61 of the transactions. In 108 selling transactions, insiders dumped 1,334,334 shares.
Vanguard Total Stock Market ETF, Congress Small Cap Growth Fund, and iShares Russell 2000 ETF are the top 3 mutual funds which are holding stakes in Aehr Test Systems Vanguard Total Stock Market ETF is currently holding 0.89 million shares of worth totaling $20.35 million. The company recently came buying 0.0 shares which brought its stake up to 3.08% of the company’s outstanding shares. Congress Small Cap Growth Fund bought 25000.0 shares, after which its hold over company’s outstanding shares expand to 2.17%, leaving 0.62 million shares with the mutual fund that have a worth of about $14.35 million. iShares Russell 2000 ETF, after buying 0.62 million shares, have now control over 2.16% of the stake in the company. It holds 306.0 shares of worth $14.26 million.
Aehr Test Systems (NASDAQ: AEHR) started trading at $18.77, below -$3.58 from concluding price of the previous day. However, the stock later moved at a day high price of 20.29, or with a loss of -16.82%. Stock saw a price change of -19.42% in past 5 days and over the past one month there was a price change of -28.20%. Year-to-date (YTD), AEHR shares are showing a performance of -29.93% which decreased to -29.72% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $21.15 but also hit the highest price of $54.10 during that period. The average intraday trading volume for Aehr Test Systems shares is 1.18 million. The stock is currently trading -29.25% below its 20-day simple moving average (SMA20), while that difference is down -26.43% for SMA50 and it goes to -47.98% lower than SMA200.
Aehr Test Systems (NASDAQ: AEHR) currently have 28.54M outstanding shares and institutions hold larger chunk of about 69.36% of that. Holding of mutual funds in the company is about — while other institutional holders and individual stake holders have control over — and — of the stake respectively.
The stock has a current market capitalization of $535.39M and its 3Y-monthly beta is at 2.07. PE ratio of stock for trailing 12 months is 26.37, while it has posted earnings per share of $0.70 in the same period. Its PEG reads 1.32 and has Quick Ratio of 7.28 while making debt-to-equity ratio of 0.07. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for AEHR, volatility over the week remained 7.37% while standing at 6.70% over the month.
Analysts are in expectations that Aehr Test Systems (AEHR) stock would likely to be making an EPS of $0.28 in the current quarter, while forecast for next quarter EPS is $0.39 and it is $1.49 for next year. For the current quarter EPS, analysts have given the company a lowest target $0.28 which is $0.28 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $0.16 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 29.66% while it is estimated to increase by 79.05% in next year. EPS is likely to shrink at an annualized rate of 20.00% for next 5-years, compared to annual growth of 90.24% made by the stock over the past 5-years.
Analysts at 2 brokerage firms have issued recommendations for the Aehr Test Systems (AEHR)’s stock and average of those rates the stock at a “Strong Buy” and assign it a score of 1.00. Out of those 2 Wall Street analysts, 2 recommended a “Buy” rating, while 0 were in favor recommending the stock as a “Hold” and 0 analyst recommended the stock as “Sell”.
