In the last trading session, 1.17 million Aehr Test Systems (NASDAQ:AEHR) shares changed hands as the company’s beta touched 1.92. With the company’s per share price at $9.93 changed hands at -$0.57 or -5.43% during last session, the market valuation stood at $295.03M. AEHR’s last price was a discount, traded about -115.91% off its 52-week high of $21.44. The share price had its 52-week low at $9.83, which suggests the last value was 1.01% up since then.
Analysts gave the Aehr Test Systems (AEHR) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.00. If we narrow down to specifics, the data shows that 0 out of 1 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended AEHR as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight. Aehr Test Systems’s EPS for the current quarter is expected to be 0.04.
Aehr Test Systems (NASDAQ:AEHR) trade information
Instantly AEHR was in red as seen at the end of in last trading. With action -14.47%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -40.29%, with the 5-day performance at -14.47% in the red. However, in the 30-day time frame, Aehr Test Systems (NASDAQ:AEHR) is -19.98% down.
The consensus price target for the stock as assigned by Wall Street analysts is 25, meaning bulls need an upside of 60.28% from its current market value. According to analyst projections, AEHR’s forecast low is 25 with 25 as the target high. To hit the forecast high, the stock’s price needs a -151.76% plunge from its current level, while the stock would need to soar -151.76% for it to hit the projected low.
Aehr Test Systems (AEHR) estimates and forecasts
Year-over-year growth is forecast to reach 3.76% up from the last financial year.
Consensus estimates given by 2 financial analysts project the company’s revenue in the current quarter to hit an average of 17.76M. 2 analysts are of the opinion that Aehr Test Systems’s revenue for the current quarter will be 24.37M. The company’s revenue for the corresponding quarters a year ago was 7.56M and 16.6M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 134.82%. The estimates for the next quarter sales put growth at 46.82%.
The 2025 estimates are for Aehr Test Systems earnings to decrease by -67.31%, but the outlook for the next 5-year period is at -9.98% per year.
AEHR Dividends
Aehr Test Systems is expected to release its next quarterly earnings report in March.
BLACKROCK INC. holds the second largest percentage of outstanding shares, with 6.6057% or 1.9 million shares worth $21.26 million as of 2024-06-30.
Among Mutual Funds, the top two as of Sep 30, 2024 were Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF . With 860.41 shares estimated at $8.54 million under it, the former controlled 2.90% of total outstanding shares. On the other hand, iShares Russell 2000 ETF held about 2.64% of the shares, roughly 783.06 shares worth around $7.78 million.
