In last trading session, Aehr Test Systems (NASDAQ:AEHR) saw 0.67 million shares changing hands with its beta currently measuring 2.06. Company’s recent per share price level of $25.22 trading at -$0.19 or -0.75% at ring of the bell on the day assigns it a market valuation of $726.34M. That closing price of AEHR’s stock is at a discount of -114.51% from its 52-week high price of $54.10 and is indicating a premium of 32.39% from its 52-week low price of $17.05. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.95 million shares which gives us an average trading volume of 1.11 million if we extend that period to 3-months.
For Aehr Test Systems (AEHR), analysts’ consensus is at an average recommendation of a Buy while assigning it a mean rating of 1.00. Splitting up the data highlights that, out of 2 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 2 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of $0.19 in the current quarter.
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Aehr Test Systems (NASDAQ:AEHR) trade information
Upright in the red during last session for losing -0.75%, in the last five days AEHR remained trading in the green while hitting it’s week-highest on Wednesday, 11/15/23 when the stock touched $25.22 price level, adding 7.82% to its value on the day. Aehr Test Systems’s shares saw a change of 25.47% in year-to-date performance and have moved 2.94% in past 5-day. Aehr Test Systems (NASDAQ:AEHR) showed a performance of -20.42% in past 30-days. Number of shares sold short was 6.65 million shares which calculate 3.94 days to cover the short interests.
Aehr Test Systems (AEHR) estimates and forecasts
Statistics highlight that Aehr Test Systems is scoring comparatively higher than the scores of other players of the relevant industry. The company lost -23.48% of value to its shares in past 6 months, showing an annual growth rate of 77.97% while that of industry is -10.10. Apart from that, the company came raising its revenue forecast for fiscal year 2023. The company is estimating its revenue growth to increase by 18.80% in the current quarter and calculating 75.00% increase in the next quarter. This year revenue growth is estimated to rise 58.80% from the last financial year’s standing.
2 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $20.88 million for the same. And 2 analysts are in estimates of company making revenue of $26.91 million in the next quarter that will end on Feb 2024.
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 90.24% during past 5 years. In 2023, company’s earnings growth rate is likely to be around 76.82% 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 January 03 and January 08 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.