Aehr Test Systems [AEHR] stock is trading at $11.47, up 1.50%. 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 10.71% over the last week, with a monthly amount drifted -7.95%, and not seem to be holding up well over a long-time horizon.
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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.
Aehr Test Systems [AEHR] stock has fluctuated between $10.19 and $54.10 over the past year. Aehr Test Systems [NASDAQ: AEHR] shares were valued at $11.47 at the most recent close of the market.
Analyzing the AEHR fundamentals
Aehr Test Systems [NASDAQ:AEHR] reported sales of 71.89M for the trailing twelve months, which represents a drop of -56.04%. Gross Profit Margin for this corporation currently stands at 0.49% with Operating Profit Margin at 0.18%, Pretax Profit Margin comes in at 0.22%, and Net Profit Margin reading is 0.21%. To continue investigating profitability, this company’s Return on Assets is posted at 0.15, Equity is 0.19 and Total Capital is 0.14. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.07.
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 11.22 points at the first support level, and at 10.98 for the second support level. However, for the 1st resistance point, the stock is sitting at 11.77, and for the 2nd resistance point, it is at 12.08.
Aehr Test Systems [AEHR] reported earnings per share of -$0.03 for its fiscal quarter that ended on 2/29/2024. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of -$0.03/share, meaning a difference of $0 and a surprise factor of 0.00%. By comparison, the stated earnings for the previous quarter ended on 11/30/2023 were $0.23 per share as compared to estimates of $0.19 per share, a difference of $0.04 representing a surprise of 21.10%.
Ratios To Look Out For
For context, Aehr Test Systems’s Current Ratio is 10.06. In addition, the Quick Ratio stands at 5.91 and the Cash Ratio stands at 5.18. Considering the valuation of this stock, the price to sales ratio is 4.61, the price to book ratio is 3.83 and price to earnings (TTM) ratio is 22.14.
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.
