Aehr Test Systems [AEHR] stock Upgrade by Craig Hallum analyst, price target now $25

Aehr Test Systems [NASDAQ: AEHR] loss -12.39% on the last trading session, reaching $13.29 price per share at the time.

Aehr Test Systems represents 29.88 million in outstanding shares, while the company has a total market value of $395.66 million with the latest information. AEHR stock price has been found in the range of $12.19 to $13.99.

If compared to the average trading volume of 909.06K shares, AEHR reached a trading volume of 6617840 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying about Aehr Test Systems [AEHR]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for AEHR shares is $15.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on AEHR stock is a recommendation set at 1.67. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Craig Hallum have made an estimate for Aehr Test Systems shares, keeping their opinion on the stock as Buy, with their previous recommendation back on July 17, 2024. The new note on the price target was released on March 26, 2024, representing the official price target for Aehr Test Systems stock.

The Price to Book ratio for the last quarter was 3.23, with the Price to Cash per share for the same quarter was set at 0.82.

Trading performance analysis for AEHR stock

Aehr Test Systems [AEHR] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -5.81. With this latest performance, AEHR shares gained by 17.20% in over the last four-week period, additionally sinking by -23.05% over the last 6 months – not to mention a drop of -20.08% in the past year of trading.

Aehr Test Systems [AEHR]: A deeper dive into fundamental analysis

Operating Margin for any stock indicates how profitable investing would be, and Aehr Test Systems [AEHR] shares currently have an operating margin of -8.16% and a Gross Margin at 44.60%. Aehr Test Systems’s Net Margin is presently recorded at -6.63%.

Return on Equity for this stock declined to -2.83%, with Return on Assets sitting at -2.83%.

Aehr Test Systems [AEHR]: An earnings per share (EPS) analysis

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for AEHR. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Aehr Test Systems go to 69.46%.

An analysis of Institutional ownership at Aehr Test Systems [AEHR]

There are presently around $65.58%, or 69.05% of AEHR stock, in the hands of institutional investors. The top three institutional holders of AEHR stocks are: VANGUARD GROUP INC with ownership of 2.11 million shares, which is approximately 7.2724%. BLACKROCK INC., holding 1.9 million shares of the stock with an approximate value of $$21.26 million in AEHR stocks shares; and BLACKROCK INC., currently with $$18.66 million in AEHR stock with ownership which is approximately 5.77%.

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