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Aehr Test Systems (NASDAQ:AEHR) Has Risen By -12.48 Percent Over The Past 30 Days: Will It Continue?

In last trading session, Aehr Test Systems (NASDAQ:AEHR) saw 1.22 million shares changing hands with its beta currently measuring 1.53. Company’s recent per share price level of $15.36 trading at $0.07 or 0.46% at ring of the bell on the day assigns it a market valuation of $456.81M. That closing price of AEHR’s stock is at a discount of -76.37% from its 52-week high price of $27.09 and is indicating a premium of 56.32% from its 52-week low price of $6.71. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 1.33 million shares which gives us an average trading volume of 1.12 million if we extend that period to 3-months.

For Aehr Test Systems (AEHR), analysts’ consensus is at an average recommendation of a Buy. Splitting up the data highlights that, out of 1 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of $0.01 in the current quarter.

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Aehr Test Systems (NASDAQ:AEHR) trade information

Upright in the green during last session for gaining 0.46%, in the last five days AEHR remained trading in the red while hitting it’s week-highest on Thursday, 09/15/22 when the stock touched $15.36 price level, adding 13.22% to its value on the day. Aehr Test Systems’s shares saw a change of -36.48% in year-to-date performance and have moved -7.13% in past 5-day. Aehr Test Systems (NASDAQ:AEHR) showed a performance of -12.48% in past 30-days. Number of shares sold short was 1.89 million shares which calculate 1.18 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of $31.00 to the stock, which implies a rise of 50.45% to its current value. Analysts have been projecting $31.00 as a low price target for the stock while placing it at a high target of $31.00. It follows that stock’s current price would drop -101.82% in reaching the projected high whereas dropping to the targeted low would mean a loss of -101.82% for stock’s current value.

Aehr Test Systems (AEHR) estimates and forecasts

The company is estimating its revenue growth to increase by 150.00% in the current quarter and calculating 100.00% increase in the next quarter. This year revenue growth is estimated to rise 22.10% from the last financial year’s standing.

1 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $8.52 million for the same. And 1 analysts are in estimates of company making revenue of $13.63 million in the next quarter that will end on Nov 2022.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 24.40% during past 5 years. In 2022, company’s earnings growth rate is likely to be around 493.80% while estimates for its earnings growth in next 5 years are of 20.00%.

AEHR Dividends

Aehr Test Systems is more likely to be releasing its next quarterly report between April 06 and April 11 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.

Aehr Test Systems (NASDAQ:AEHR)’s Major holders

Insiders are in possession of 9.77% of company’s total shares while institution are holding 40.48 percent of that, with stock having share float percentage of 44.87%. Investors also watch the number of corporate investors in a company very closely, which is 40.48% institutions for Aehr Test Systems that are currently holding shares of the company. FMR, LLC is the top institutional holder at AEHR for having 1.59 million shares of worth $16.14 million. And as of Mar 30, 2022, it was holding 5.90% of the company’s outstanding shares.

The second largest institutional holder is AWM Investment Company, Inc., which was holding about 1.41 million shares on Mar 30, 2022. The number of shares represents firm’s hold over 5.24% of outstanding shares, having a total worth of $14.34 million.

On the other hand, Vanguard Total Stock Market Index Fund and Fidelity Small Cap Growth Fund are the top two Mutual Funds which own company’s shares. As of Mar 30, 2022, the former fund manager was holding 0.69 million shares of worth $6.96 million or 2.55% of the total outstanding shares. The later fund manager was in possession of 0.61 million shares on Apr 29, 2022, making its stake of worth around $4.67 million in the company or a holder of 2.26% of company’s stock.

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