There’s a different equity story being told by sentiment: Aehr Test Systems (AEHR).

As of close of business last night, Aehr Test Systems’s stock clocked out at $30.02, down -5.12% from its previous closing price of $31.64. In other words, the price has decreased by -$1.62 from its previous closing price. On the day, 1123374 shares were traded. AEHR stock price reached its highest trading level at $31.30 during the session, while it also had its lowest trading level at $29.52.

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Ratios:

To gain a deeper understanding of AEHR’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 24.84 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 757.75. For the most recent quarter (mrq), Quick Ratio is recorded 4.40 and its Current Ratio is at 6.10. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.

Upgrades & Downgrades

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Mar 01 when SPINK KENNETH B. sold 25,000 shares for $35.22 per share. The transaction valued at 880,500 led to the insider holds 99,880 shares of the business.

ROSATI MARIO M sold 98,083 shares of AEHR for $3,572,379 on Feb 07. The Director now owns 0 shares after completing the transaction at $36.42 per share. On Feb 06, another insider, RICHMOND DONALD P. II, who serves as the VP of Engineering of the company, sold 30,043 shares for $35.66 each. As a result, the insider received 1,071,333 and left with 162,114 shares of the company.

Valuation Measures:

As of this moment, Aehr’s Price-to-Earnings (P/E) ratio for their current fiscal year is 69.98, and their Forward P/E ratio for the next fiscal year is 27.17. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.50. For the stock, the TTM Price-to-Sale (P/S) ratio is 14.88 while its Price-to-Book (P/B) ratio in mrq is 14.64.

Stock Price History:

Over the past 52 weeks, AEHR has reached a high of $37.57, while it has fallen to a 52-week low of $6.71. The 50-Day Moving Average of the stock is 31.39, while the 200-Day Moving Average is calculated to be 19.84.

Shares Statistics:

It appears that AEHR traded 1.65M shares on average per day over the past three months and 2.17M shares per day over the past ten days. A total of 27.58M shares are outstanding, with a floating share count of 25.27M. Insiders hold about 4.90% of the company’s shares, while institutions hold 44.30% stake in the company. Shares short for AEHR as of Jan 30, 2023 were 4.35M with a Short Ratio of 4.49M, compared to 4.58M on Dec 29, 2022. Therefore, it implies a Short% of Shares Outstanding of 15.65% and a Short% of Float of 17.09%.

Earnings Estimates

As of right now, 2 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $0.14 for the current quarter, with a high estimate of $0.16 and a low estimate of $0.12, while EPS last year was $0.14. The consensus estimate for the next quarter is $0.25, with high estimates of $0.26 and low estimates of $0.25.

Analysts are recommending an EPS of between $0.61 and $0.59 for the fiscal current year, implying an average EPS of $0.6. EPS for the following year is $1.1, with 2 analysts recommending between $1.17 and $1.04.

Revenue Estimates

In the current quarter, 2 analysts expect revenue to total $16.04M. It ranges from a high estimate of $17.04M to a low estimate of $15.04M. As of the current estimate, Aehr Test Systems’s year-ago sales were $15.28M, an estimated increase of 5.00% from the year-ago figure. For the next quarter, 2 analysts are estimating revenue of $23.65M, an increase of 16.60% over than the figure of $5.00% in the same quarter last year. There is a high estimate of $23.76M for the next quarter, whereas the lowest estimate is $23.53M.

A total of 2 analysts have provided revenue estimates for AEHR’s current fiscal year. The highest revenue estimate was $66.06M, while the lowest revenue estimate was $64.28M, resulting in an average revenue estimate of $65.17M. In the same quarter a year ago, actual revenue was $50.83M, up 28.20% from the average estimate. Based on 2 analysts’ estimates, the company’s revenue will be $102.28M in the next fiscal year. The high estimate is $104.92M and the low estimate is $99.64M. The average revenue growth estimate for next year is up 56.90% from the average revenue estimate for this year.