Currently, Aehr Test Systems [AEHR] is trading at $25.98, up 3.01%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The AEHR shares have gain 11.03% over the last week, with a monthly amount drifted -17.78%, and not seem to be holding up well over a long-time horizon.
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Sponsored
On 8, November 2023, Aehr Test Systems to Participate in the Craig-Hallum Alpha Select Conference in New York on November 16, 2023. In a post published today on Yahoo Finance, Aehr Test Systems (NASDAQ:AEHR), a worldwide supplier of semiconductor test and burn-in equipment, today announced that it will participate in the Craig-Hallum 14th Annual Alpha Select Conference taking place on November 16, 2023 at the Sheraton New York Times Square Hotel. President and CEO Gayn Erickson and CFO Chris Siu will be hosting meetings with institutional investors throughout the day.
From an analyst’s perspective:
This stock has fluctuated between a low of $17.05 and a high of $54.10 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $60.00 within the next 12 months. Aehr Test Systems [NASDAQ: AEHR] shares were valued at $25.98 at the most recent close of the market. An investor can expect a potential return of 130.95% based on the average AEHR price forecast.
Analyzing the AEHR fundamentals
Recent quarter sales for Aehr Test Systems [NASDAQ:AEHR] were 20.62 billion which represents 93.27% growth. A company’s income per employee is $139,971 while it generates $624,625 in revenue per employee. Gross Margin for this corporation currently stands at +50.41% with Operating Margin at +20.59%, Pretax Margin comes in at +22.50%, and Net Margin reading is +22.41%. To continue investigating profitability, this company’s Return on Assets is posted at 18.14, Equity is 23.00, Total Capital is 19.98, and Invested Capital is 21.90. An extended look at the Principal structure reveals enduring liabilities to the total capital of 7.69 and enduring liabilities to assets of 6.42.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 25.29 points at the first support level, and at 24.61 for the second support level. However, for the 1st resistance point, the stock is sitting at 26.52, and for the 2nd resistance point, it is at 27.07.
Aehr Test Systems [AEHR] reported earnings per share of $0.18 for its fiscal quarter that ended on 8/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.16/share, meaning a difference of $0.02 and a surprise factor of 12.50%. By comparison, the stated earnings for the previous quarter ended on 5/30/2023 were $0.23 per share as compared to estimates of $0.21 per share, a difference of $0.02 representing a surprise of 9.50%.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Aehr Test Systems [NASDAQ:AEHR] is 5.00. As well, the Quick Ratio is 3.99, while the Cash Ratio is 2.94. Considering the valuation of this stock, the price to sales ratio is 14.85, the price to book ratio is 12.47 and the P/E (TTM) ratio is 41.04.
Transactions by insiders
Insider trading has also been a hot topic recently, with 16 insiders purchasing 89,276 shares and 1 selling 503 shares in the past 3 months. Recent insider trading involved SPORCK ALISTAIR N, VP, CONTACTOR BUSINESS UNIT, that happened on Oct 16 when 955.0 shares were sold. Director, SLAYEN HOWARD T completed a deal on Oct 11 to buy 700.0 shares. Meanwhile, VP of Engineering RICHMOND DONALD P. II sold 92.0 shares on Aug 10.