At the time of writing, Aehr Test Systems [AEHR] stock is trading at $11.89, down -3.72%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The AEHR shares have gain 4.57% over the last week, with a monthly amount drifted -32.67%, and not seem to be holding up well over a long-time horizon.
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On 2, April 2024, Aehr Receives Order from New Customer for FOX-NP(TM) Multi-Wafer Test and Burn-in System for Silicon Carbide Power MOSFETs. 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 it has received an initial customer order for a FOX-NP™ wafer level test and burn-in system, multiple WaferPak™ Contactors, and a FOX WaferPak Aligner to be used for engineering, qualification, and small lot production wafer level test and burn-in of their silicon carbide devices. The customer is multiple billion dollar per year global semiconductor company with locations across Europe, Asia, and the Americas that serves various industries including automotive, industrial, mobile, and consumer applications. The FOX-NP system, including the FOX WaferPak Aligner and initial WaferPaks, are scheduled to ship over the next few months.
From an analyst’s perspective:
Aehr Test Systems [NASDAQ: AEHR] stock has seen the most recent analyst activity on March 26, 2024, when Craig Hallum downgraded its rating to a Hold but kept the price target unchanged to $12 for it. Previously, William Blair downgraded its rating to Mkt Perform on March 25, 2024. On October 17, 2022, William Blair initiated with a Outperform rating.
For the past year, the stock price of Aehr Test Systems fluctuated between $10.53 and $54.10. Aehr Test Systems [NASDAQ: AEHR] shares were valued at $11.89 at the most recent close of the market.
Analyzing the AEHR fundamentals
According to Aehr Test Systems [NASDAQ:AEHR], the company’s sales were 81.53M for trailing twelve months, which represents an 44.66% jump. Gross Profit Margin for this corporation currently stands at 0.51% with Operating Profit Margin at 0.23%, Pretax Profit Margin comes in at 0.26%, and Net Profit Margin reading is 0.26%. To continue investigating profitability, this company’s Return on Assets is posted at 0.21, Equity is 0.27 and Total Capital is 0.2. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.07.
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 11.69 points at the first support level, and at 11.48 for the second support level. However, for the 1st resistance point, the stock is sitting at 12.18, and for the 2nd resistance point, it is at 12.47.
Aehr Test Systems [AEHR] reported earnings per share of $0.23 for its fiscal quarter that ended on 11/29/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.19/share, meaning a difference of $0.04 and a surprise factor of 21.10%. By comparison, the stated earnings for the previous quarter ended on 8/30/2023 were $0.18 per share as compared to estimates of $0.16 per share, a difference of $0.02 representing a surprise of 12.50%.
Ratios To Look Out For
It is important to note that Aehr Test Systems [NASDAQ:AEHR] has a current ratio of 11.53. In addition, the Quick Ratio stands at 7.28 and the Cash Ratio stands at 6.35. Considering the valuation of this stock, the price to sales ratio is 4.21, the price to book ratio is 3.93 and price to earnings (TTM) ratio is 16.76.
Transactions by insiders
Recent insider trading involved Erickson Gayn, President and CEO, that happened on Jan 18 ’24 when 4871.0 shares were sold. Exec VP of Sales & Mktg., ROGERS VERNON completed a deal on Jan 18 ’24 to sell 1309.0 shares. Meanwhile, CTO RICHMOND DONALD P. II sold 1021.0 shares on Jan 18 ’24.
