Aehr Test Systems (NASDAQ: AEHR) closed the day trading at $11.63 up 2.56% from the previous closing price of $11.34. In other words, the price has increased by $+0.29 from its previous closing price. On the day, 695124 shares were traded.
Ratios:
For a better understanding of AEHR, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.64 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 52.43. For the most recent quarter (mrq), Quick Ratio is recorded 7.28 and its Current Ratio is at 11.53. In the meantime, Its Debt-to-Equity ratio is 0.07 whereas as Long-Term Debt/Eq ratio is at 0.07.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jan 18 ’24 when Erickson Gayn sold 4,871 shares for $17.39 per share. The transaction valued at 84,726 led to the insider holds 427,935 shares of the business.
ROGERS VERNON sold 1,309 shares of AEHR for $22,769 on Jan 18 ’24. The Exec VP of Sales & Mktg. now owns 40,277 shares after completing the transaction at $17.39 per share. On Jan 18 ’24, another insider, RICHMOND DONALD P. II, who serves as the CTO of the company, sold 1,021 shares for $17.39 each. As a result, the insider received 17,759 and left with 175,232 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AEHR now has a Market Capitalization of 336.09M and an Enterprise Value of 291.99M. As of this moment, Aehr’s Price-to-Earnings (P/E) ratio for their current fiscal year is 16.39, and their Forward P/E ratio for the next fiscal year is 21.09. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.82. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.12 while its Price-to-Book (P/B) ratio in mrq is 3.85. Its current Enterprise Value per Revenue stands at 3.58 whereas that against EBITDA is 14.97.
Stock Price History:
Over the past 52 weeks, AEHR has reached a high of $54.10, while it has fallen to a 52-week low of $10.53. The 50-Day Moving Average of the stock is 15.21, while the 200-Day Moving Average is calculated to be 30.62.
Shares Statistics:
Over the past 3-months, AEHR traded about 1.69M shares per day on average, while over the past 10 days, AEHR traded about 1.8M shares per day. A total of 28.54M shares are outstanding, with a floating share count of 27.04M. Insiders hold about 6.28% of the company’s shares, while institutions hold 71.16% stake in the company. Shares short for AEHR as of Mar 15, 2024 were 5.92M with a Short Ratio of 3.51, compared to 6.08M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 20.52% and a Short% of Float of 21.63%.
Earnings Estimates
Current recommendations for the stock of the company come from 2 analysts. On average, analysts expect EPS of -$0.03 for the current quarter, with a high estimate of -$0.03 and a low estimate of -$0.04, while EPS last year was $0.16. The consensus estimate for the next quarter is $0.11, with high estimates of $0.11 and low estimates of $0.11.
Analysts are recommending an EPS of between $0.48 and $0.47 for the fiscal current year, implying an average EPS of $0.47. EPS for the following year is $0.55, with 2 analysts recommending between $0.62 and $0.48.
Revenue Estimates
A total of 2 analysts have provided revenue estimates for AEHR’s current fiscal year. The highest revenue estimate was $65.11M, while the lowest revenue estimate was $65.09M, resulting in an average revenue estimate of $65.1M. In the same quarter a year ago, actual revenue was $64.96M, up 0.20% from the average estimate. Based on 2 analysts’ estimates, the company’s revenue will be $67.78M in the next fiscal year. The high estimate is $70.46M and the low estimate is $65.11M. The average revenue growth estimate for next year is up 4.10% from the average revenue estimate for this year.
