Aehr Test Systems (AEHR) – What Are Researchers Saying About This Stock?

Shares of Aehr Test Systems (NASDAQ:AEHR) have earned a consensus recommendation of “Moderate Buy” from the eight brokerages that are covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, one has given a hold recommendation, five have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is $118.75.

Several equities analysts have recently commented on AEHR shares. Zacks Research cut Aehr Test Systems from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 14th. Weiss Ratings restated a “sell (e+)” rating on shares of Aehr Test Systems in a research note on Tuesday, October 27th. Oppenheimer began coverage on shares of Aehr Test Systems in a research note on Thursday, September 10th. They issued an “outperform” rating and a $120.00 price target for the company. Freedom Capital raised shares of Aehr Test Systems from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 16th. Finally, Lake Street Capital decreased their price objective on shares of Aehr Test Systems from $110.00 to $90.00 and set a “buy” rating for the company in a report on Tuesday, November 3rd.

Aehr Test Systems Stock Performance

NASDAQ:AEHR opened at $65.78 on Friday. Aehr Test Systems has a one year low of $18.70 and a one year high of $147.40. The business’s 50-day simple moving average is $78.73 and its 200 day simple moving average is $74.97. The stock has a market cap of $2.16 billion, a price-to-earnings ratio of 1,644.50 and a beta of 3.36.

Aehr Test Systems (NASDAQ:AEHR) last issued its quarterly earnings results on Monday, November 2nd. The semiconductor company reported $0.28 EPS for the quarter, beating analysts’ consensus estimates of $0.11 by $0.17. Aehr Test Systems had a return on equity of 1.76% and a net margin of 2.97%. The firm had revenue of $33.01 million during the quarter, compared to the consensus estimate of $27.53 million.

Insider Transactions at Aehr Test Systems

In other Aehr Test Systems news, Director Rhea J. Posedel sold 5,973 shares of the company’s stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $140.00, for a total transaction of $836,220.00. Following the sale, the director owned 381,989 shares in the company, valued at $53,478,460. This represents a 1.54% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Howard T. Slayen sold 5,700 shares of the company’s stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $133.03, for a total value of $758,271.00. Following the sale, the director owned 140,667 shares in the company, valued at $18,712,931.01. The trade was a 3.89% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 4.60% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in AEHR. Private Advisor Group LLC raised its position in shares of Aehr Test Systems by 31.1% during the 3rd quarter. Private Advisor Group LLC now owns 5,750 shares of the semiconductor company’s stock valued at $573,000 after acquiring an additional 1,363 shares in the last quarter. Voya Investment Management LLC increased its stake in Aehr Test Systems by 34.6% during the third quarter. Voya Investment Management LLC now owns 28,911 shares of the semiconductor company’s stock valued at $2,880,000 after purchasing an additional 7,427 shares during the last quarter. HighTower Advisors LLC bought a new stake in Aehr Test Systems during the third quarter valued at $218,000. White Pine Capital LLC bought a new stake in Aehr Test Systems during the third quarter valued at $831,000. Finally, Thoroughbred Financial Services LLC acquired a new stake in shares of Aehr Test Systems during the third quarter worth $428,000. Institutional investors and hedge funds own 69.69% of the company’s stock.

Aehr Test Systems Company Profile

Aehr Test Systems designs, manufactures and markets semiconductor test and burn-in equipment and related products. Its systems are used to test devices at the wafer, die and packaged-chip stages of production. The company’s offerings include FOX series test and burn-in systems, WaferPak wafer-level contactors and DiePak carriers. These products support testing for applications such as silicon carbide power semiconductors, silicon photonics and other devices used in automotive, computing and communications markets.