Aehr Test Systems (NASDAQ:AEHR) has a beta value of 2.04 and has seen 0.76 million shares traded in the recent trading session. The company, currently valued at $474.76M, closed the recent trade at $16.05 per share which meant it gained $0.03 on the day or 0.19% during that session. The AEHR stock price is -159.63% off its 52-week high price of $41.67 and 38.75% above the 52-week low of $9.83. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.88 million shares traded. The 3-month trading volume is 1.48 million shares.
The consensus among analysts is that Aehr Test Systems (AEHR) is Buy stock at the moment, with a recommendation rating of 2.00. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 1 have rated it as a Hold, with 1 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.04.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Aehr Test Systems (NASDAQ:AEHR) trade information
Sporting 0.19% in the green today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the AEHR stock price touched $16.05 or saw a rise of 4.06%. Year-to-date, Aehr Test Systems shares have moved -39.50%, while the 5-day performance has seen it change 26.33%. Over the past 30 days, the shares of Aehr Test Systems (NASDAQ:AEHR) have changed 24.03%. Short interest in the company has seen 5.27 million shares shorted with days to cover at 6.66.
Wall Street analysts have a consensus price target for the stock at $25, which means that the shares’ value could jump 35.8% from the levels at last check today.. The projected low price target is $25.0 while the price target rests at a high of $25.0. In that case, then, we find that the latest price level in today’s session is -55.76% off the targeted high while a plunge would see the stock gain -55.76% from the levels at last check today..
Aehr Test Systems (AEHR) estimates and forecasts
Figures show that Aehr Test Systems shares have underperformed across the wider relevant industry. The company’s shares have gained 38.96% over the past 6 months, with this year growth rate of -72.73%, compared to -2.30% for the industry. Revenue growth from the last financial year stood is estimated to be 7.00%.
2 analysts offering their estimates for the company have set an average revenue estimate of 15.03M for the current quarter. 2 have an estimated revenue figure of 19.67M for the next ending quarter.
Earnings growth for 2024 is a modest -64.71% while over the next 5 years, the company’s earnings are expected to increase by 20.00%.
AEHR Dividends
Aehr Test Systems is expected to release its next earnings report on 2025-Jan-07 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Aehr Test Systems (NASDAQ:AEHR)’s Major holders
Insiders own 5.66% of the company shares, while shares held by institutions stand at 67.06% with a share float percentage of 71.08%. Investors are also buoyed by the number of investors in a company, with Aehr Test Systems having a total of 175.0 institutions that hold shares in the company. The top two institutional holders are VANGUARD GROUP INC with over 2.11 million shares worth more than $23.52 million. As of 2024-06-30, VANGUARD GROUP INC held 7.2944% of shares outstanding.
The other major institutional holder is BLACKROCK INC., with the holding of over 1.9 million shares as of 2024-06-30. The firm’s total holdings are worth over $21.26 million and represent 6.5947% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF . As of Jun 30, 2024 , the former fund manager holds about 2.91% shares in the company for having 860.41 shares of worth $13.7 million while later fund manager owns 733.24 shares of worth $11.68 million as of Aug 31, 2024 , which makes it owner of about 2.48% of company’s outstanding stock.
