Aehr Test Systems [NASDAQ: AEHR] gained 35.86% or 6.49 points to close at $24.59 with a heavy trading volume of 10570202 shares.
It opened the trading session at $21.08, the shares rose to $25.77 and dropped to $21.0, the range by which the price of stock traded the whole day. The daily chart for AEHR points out that the company has recorded 134.19% gains over the past six months.
If we look at the average trading volume of 1.45M shares, AEHR reached to a volume of 10570202 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 $16.50 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 2.33. 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 5.98, with the Price to Cash per share for the same quarter was set at 0.84.
Trading performance analysis for AEHR stock
Aehr Test Systems [AEHR] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 26.82. With this latest performance, AEHR shares gained by 13.11% in over the last four-week period, additionally plugging by 134.19% over the last 6 months – not to mention a rise of 47.87% 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 69.38, with the RSI for the last a single of trading hit 2.22, and the three-weeks RSI is set at 1.79 for Aehr Test Systems [AEHR]. The present Moving Average for the last 50 days of trading for this stock 16.30, while it was recorded at 19.06 for the last single week of trading, and 12.18 for the last 200 days.
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 40.59%. 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 -$28750.0 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.
Aehr Test Systems [AEHR]: An earnings per share (EPS) analysis
With the latest financial reports released by the company, Aehr Test Systems posted 0.07/share EPS, while the average EPS was predicted by analysts to be reported at 0.01/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.06. 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 52.31%.
An analysis of Institutional ownership at Aehr Test Systems [AEHR]
There are presently around $60.68%, or 64.14%% 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%.
