Aehr Test Systems (NASDAQ:AEHR) has been assigned a consensus broker rating score of 1.00 (Strong Buy) from the one brokers that cover the stock, Zacks Investment Research reports. One research analyst has rated the stock with a strong buy rating.
Brokerages have set a 1-year consensus price target of $7.50 for the company, according to Zacks. Zacks has also given Aehr Test Systems an industry rank of 100 out of 265 based on the ratings given to related companies.
A number of research analysts recently commented on AEHR shares. Zacks Investment Research raised Aehr Test Systems from a “hold” rating to a “buy” rating and set a $3.25 target price on the stock in a research note on Wednesday, November 22nd. ValuEngine cut Aehr Test Systems from a “hold” rating to a “sell” rating in a research note on Thursday, December 21st.
Aehr Test Systems (NASDAQ:AEHR) traded up $0.04 during trading on Friday, hitting $2.90. 155,200 shares of the stock traded hands, compared to its average volume of 334,113. The company has a market capitalization of $61.61, a PE ratio of -14.50, a P/E/G ratio of 5.38 and a beta of 0.84. Aehr Test Systems has a 52-week low of $2.15 and a 52-week high of $6.10. The company has a current ratio of 3.76, a quick ratio of 2.64 and a debt-to-equity ratio of 0.35.
Aehr Test Systems (NASDAQ:AEHR) last released its earnings results on Thursday, January 4th. The semiconductor company reported $0.02 EPS for the quarter. The business had revenue of $7.92 million for the quarter, compared to analysts’ expectations of $7.11 million. Aehr Test Systems had a negative return on equity of 26.85% and a negative net margin of 13.92%. equities research analysts forecast that Aehr Test Systems will post 0.03 EPS for the current year.
In other Aehr Test Systems news, insider Gayn Erickson sold 20,000 shares of the company’s stock in a transaction dated Tuesday, November 7th. The shares were sold at an average price of $3.40, for a total transaction of $68,000.00. Following the completion of the sale, the insider now directly owns 341,063 shares in the company, valued at $1,159,614.20. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director William W. R. Elder sold 28,168 shares of the company’s stock in a transaction dated Monday, November 6th. The shares were sold at an average price of $3.51, for a total transaction of $98,869.68. Following the sale, the director now owns 28,744 shares of the company’s stock, valued at $100,891.44. The disclosure for this sale can be found here. In the last three months, insiders sold 87,628 shares of company stock worth $282,498. 21.90% of the stock is owned by insiders.
Hedge funds and other institutional investors have recently bought and sold shares of the business. AWM Investment Company Inc. boosted its position in Aehr Test Systems by 130.2% during the second quarter. AWM Investment Company Inc. now owns 1,332,890 shares of the semiconductor company’s stock valued at $4,998,000 after buying an additional 753,965 shares during the period. B. Riley Financial Inc. purchased a new stake in Aehr Test Systems during the second quarter valued at about $1,889,000. Kennedy Capital Management Inc. boosted its holdings in shares of Aehr Test Systems by 217.8% during the second quarter. Kennedy Capital Management Inc. now owns 551,212 shares of the semiconductor company’s stock worth $2,067,000 after purchasing an additional 377,758 shares during the period. Victory Capital Management Inc. purchased a new stake in shares of Aehr Test Systems during the third quarter worth about $1,817,000. Finally, EAM Investors LLC boosted its holdings in shares of Aehr Test Systems by 115.4% during the second quarter. EAM Investors LLC now owns 263,019 shares of the semiconductor company’s stock worth $986,000 after purchasing an additional 140,910 shares during the period. Institutional investors and hedge funds own 27.16% of the company’s stock.
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Aehr Test Systems Company Profile
Aehr Test Systems is engaged in the designing, manufacturing and marketing of advanced test and burn-in products to the semiconductor manufacturing industry. The Company manufactures and markets full wafer contact test systems, test during burn-in systems, test fixtures, die carriers and related accessories.
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