Aehr Test Systems [NASDAQ: AEHR] surged by $3.65 during the normal trading session on Tuesday and reaching a high of $21.8199 during the day while it closed the day at $20.1.
Aehr Test Systems stock has also gained 43.06% of its value over the past 7 days. However, AEHR stock has inclined by 152.51% in the 3 months of the year. Over the past six months meanwhile, it has gained 61.32% and gained 6.74% year-on date.
The market cap for AEHR stock reached $598.41 million, with 29.88 million shares outstanding and 27.64 million shares in the current float. Compared to the average trading volume of 1.05M shares, AEHR reached a trading volume of 6832777 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say 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 4.89, with the Price to Cash per share for the same quarter was set at 0.82.
AEHR stock trade performance evaluation
Aehr Test Systems [AEHR] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 43.06. With this latest performance, AEHR shares gained by 80.27% in over the last four-week period, additionally plugging by 61.32% over the last 6 months – not to mention a rise of 20.87% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for AEHR stock in for the last two-week period is set at 77.10, with the RSI for the last a single of trading hit 1.64, and the three-weeks RSI is set at 1.25 for Aehr Test Systems [AEHR]. The present Moving Average for the last 50 days of trading for this stock 11.93, while it was recorded at 16.38 for the last single week of trading, and 11.61 for the last 200 days.
Aehr Test Systems [AEHR]: An insightful look at the core fundamentals
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%.
Aehr Test Systems (AEHR) Capital Structure & Debt Analysis
According to recent financial data for Aehr Test Systems. ( AEHR), the Return on Equity (ROE) stands at -3.34%, reflecting a slight decline for investors. The Return on Assets (ROA) is -2.83%, reflecting the company’s efficiency in generating profits from its assets. Additionally, Aehr Test Systems’s Return on Invested Capital (ROIC) is -2.94%, showcasing its effectiveness in deploying capital for earnings.
Aehr Test Systems (AEHR) Efficiency & Liquidity Metrics
Based on Aehr Test Systems’s (AEHR) latest financial statements, the Debt-to-Equity Ratio is 0.09%, indicating its reliance on debt financing relative to shareholder equity.
Aehr Test Systems (AEHR) Efficiency & Liquidity Metrics
From an operational efficiency perspective, Aehr Test Systems. (AEHR) effectively leverages its workforce, generating an average of -$34000.0 per employee. The company’s liquidity position is robust, with a Current Ratio of 5.68% and a Quick Ratio of 2.99%, indicating strong ability to cover short-term liabilities.
Earnings per share (EPS) analysis for Aehr Test Systems [AEHR] stock
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%.
Aehr Test Systems [AEHR]: Institutional Ownership
There are presently around $65.88%, or 69.64% 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%.
