During the last session, Aehr Test Systems (NASDAQ:AEHR)’s traded shares were 1.56 million, with the beta value of the company hitting 1.86. At the end of the trading day, the stock’s price was $16.55, reflecting an intraday loss of -0.48% or -$0.08. The 52-week high for the AEHR share is $26.30, that puts it down -58.91 from that peak though still a striking 40.6% gain since the share price plummeted to a 52-week low of $9.83. The company’s market capitalization is $490.39M, and the average intraday trading volume over the past 10 days was 1.3 million shares, and the average trade volume was 1.37 million shares over the past three months.
Aehr Test Systems (AEHR) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 2.00. AEHR has a Sell rating from 0 analyst(s) out of 1 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 recommend a Buy rating for it.
Aehr Test Systems (NASDAQ:AEHR) trade information
Aehr Test Systems (AEHR) registered a -0.48% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -0.48% in intraday trading to $16.55, hitting a weekly high. The stock’s 5-day price performance is 9.39%, and it has moved by 30.31% in 30 days. Based on these gigs, the overall price performance for the year is -33.67%. The short interest in Aehr Test Systems (NASDAQ:AEHR) is 6.48 million shares and it means that shorts have 8.36 day(s) to cover.
The consensus price target of analysts on Wall Street is $25, which implies an increase of 33.8% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $25 and $25 respectively. As a result, AEHR is trading at a discount of -51.06% off the target high and -51.06% off the low.
Aehr Test Systems (AEHR) estimates and forecasts
Statistics show that Aehr Test Systems has underperformed its competitors in share price, compared to the industry in which it operates. Aehr Test Systems (AEHR) shares have gone up 50.45% during the last six months, with a year-to-date growth rate less than the industry average at -74.38% against 3.90.
While earnings are projected to return -64.71% in 2025, the next five years will return 20.00% per annum.
AEHR Dividends
Aehr Test Systems is due to release its next quarterly earnings in February. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Aehr Test Systems (NASDAQ:AEHR)’s Major holders
Aehr Test Systems insiders own 5.08% of total outstanding shares while institutional holders control 77.31%, with the float percentage being 81.45%. VANGUARD GROUP INC is the largest shareholder of the company, while 177.0 institutions own stock in it. As of 2024-06-30, the company held over 2.11 million shares (or 7.3065% of all shares), a total value of $23.52 million in shares.
The next largest institutional holding, with 1.9 million shares, is of BLACKROCK INC.’s that is approximately 6.5947% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $21.26 million.
