For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
The closing price of Aehr Test Systems (NASDAQ: AEHR) was $16.39 for the day, down -0.43% from the previous closing price of $16.46. In other words, the price has decreased by -$0.43 from its previous closing price. On the day, 0.81 million shares were traded. AEHR stock price reached its highest trading level at $16.478 during the session, while it also had its lowest trading level at $15.76.
Ratios:
Our analysis of AEHR’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 3.24 and its Current Ratio is at 6.03. In the meantime, Its Debt-to-Equity ratio is 0.05 whereas as Long-Term Debt/Eq ratio is at 0.05.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Craig Hallum on July 17, 2024, Upgraded its rating to Buy and sets its target price to $25 from $12 previously.
On March 26, 2024, Craig Hallum Downgraded its rating to Hold which previously was Buy but kept the price unchanged to $12.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Aug 02 ’24 when SLAYEN HOWARD T bought 20,000 shares for $15.50 per share. The transaction valued at 310,000 led to the insider holds 220,714 shares of the business.
DANESH FARIBA bought 10,000 shares of AEHR for $185,800 on Jul 30 ’24. On Jul 30 ’24, another insider, DANESH FARIBA, who serves as the Director of the company, sold 10,000 shares for $18.59 each. As a result, the insider received 185,900 and left with 16,390 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 485650432 and an Enterprise Value of 454524768. As of this moment, Aehr’s Price-to-Earnings (P/E) ratio for their current fiscal year is 16.62, and their Forward P/E ratio for the next fiscal year is 34.87. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.83. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.27 while its Price-to-Book (P/B) ratio in mrq is 3.96. Its current Enterprise Value per Revenue stands at 7.741 whereas that against EBITDA is 65.044.
Stock Price History:
The Beta on a monthly basis for AEHR is 1.86, which has changed by -0.052053213 over the last 52 weeks, in comparison to a change of 0.22263205 over the same period for the S&P500. Over the past 52 weeks, AEHR has reached a high of $23.09, while it has fallen to a 52-week low of $9.83. The 50-Day Moving Average of the stock is 22.79%, while the 200-Day Moving Average is calculated to be 23.70%.
Shares Statistics:
AEHR traded an average of 1.43M shares per day over the past three months and 1333000 shares per day over the past ten days. A total of 29.58M shares are outstanding, with a floating share count of 27.67M. Insiders hold about 6.62% of the company’s shares, while institutions hold 70.61% stake in the company. Shares short for AEHR as of 1734048000 were 6478825 with a Short Ratio of 4.53, compared to 1731628800 on 6518222. Therefore, it implies a Short% of Shares Outstanding of 6478825 and a Short% of Float of 23.020001.
