Aehr Test Systems (AEHR) Stock Could Soon Reward Patient Investors

Aehr Test Systems (NASDAQ: AEHR) is -31.76% lower on its value in year-to-date trading and has touched a low of $14.54 and a high of $54.10 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The AEHR stock was last observed hovering at around $17.21 in the last trading session, with the day’s gains setting it 0.89%.

Currently trading at $18.10, the stock is 11.78% and -16.23% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.66 million and changing 5.20% at the moment leaves the stock -47.01% off its SMA200. AEHR registered -45.35% loss for a year compared to 6-month loss of -60.37%. The firm has a 50-day simple moving average (SMA 50) of $5.86 and a 200-day simple moving average (SMA200) of $24.51.

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The stock witnessed a -0.69% gain in the last 1 month and extending the period to 3 months gives it a -21.89%, and is 23.16% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 6.42% over the week and 5.91% over the month.

Current P/E ratio is 25.51 and Fwd P/E is 13.22. Profit margin for the company is 25.76%. Distance from 52-week low is 24.52% and -66.53% from its 52-week high. The company has generated returns on investments over the last 12 months (22.55%).

Aehr Test Systems quarterly earnings per share for the current quarter are estimated at $0.13 with sales reaching $14.31M over the same period.The EPS is expected to grow by 29.66% this year, but quarterly earnings will post 19.20% year-over-year.

Aehr Test Systems (AEHR) Top Institutional Holders

222 institutions hold shares in Aehr Test Systems (AEHR), with institutional investors hold 82.42% of the company’s shares. The shares outstanding are 28.54M, and float is at 26.72M with Short Float at 22.53%. Institutions hold 77.68% of the Float.

The top institutional shareholder in the company is Blackrock Inc. with over 1.83 million shares valued at $75.51 million. The investor’s holdings represent 6.36% of the AEHR Shares outstanding. As of Jun 29, 2023, the second largest holder is Vanguard Group Inc with 1.46 million shares valued at $60.15 million to account for 5.06% of the shares outstanding. The other top investors are Goldman Sachs Group Inc which holds 1.41 million shares representing 4.90% and valued at over $58.17 million, while Hood River Capital Management LLC holds 4.84% of the shares totaling 1.39 million with a market value of $57.5 million.

Aehr Test Systems (AEHR) Insider Activity

A total of 30 insider transactions have happened at Aehr Test Systems (AEHR) in the last six months, with sales accounting for 13 and purchases happening 17 times. The most recent transaction is an insider sale by Erickson Gayn,the company’sPresident and CEO. SEC filings show that Erickson Gayn sold 4,871 shares of the company’s common stock on Jan 18 at a price of $17.39 per share for a total of $84726.0. Following the sale, the insider now owns 0.43 million shares.

Aehr Test Systems disclosed in a document filed with the SEC on Jan 18 that ROGERS VERNON (Exec VP of Sales & Mktg.) sold a total of 1,309 shares of the company’s common stock. The trade occurred on Jan 18 and was made at $17.39 per share for $22769.0. Following the transaction, the insider now directly holds 40277.0 shares of the AEHR stock.

Still, SEC filings show that on Jan 18, RICHMOND DONALD P. II (CTO) disposed off 1,021 shares at an average price of $17.39 for $17759.0. The insider now directly holds 175,232 shares of Aehr Test Systems (AEHR).

Aehr Test Systems (AEHR): Who are the competitors?

The company’s main competitors (and peers) include FormFactor Inc. (FORM) that is trading 32.63% up over the past 12 months. Teradyne Inc. (TER) that is -3.60% lower over the same period.