Aehr Test Systems (NASDAQ:AEHR) traded at $14.05 at last check on Monday, January 10, made a downward move of -12.68% on its previous day’s price.
Looking at the stock we see that its previous close was $16.09 and the beta (5Y monthly) reads 1.40 with the day’s price range being $16.05 – $20.09. The company has a trailing 12-month PE ratio of 357.56. In terms of its 52-week price range, AEHR has a high of $27.09 and a low of $1.94. The company’s stock has lost about -0.49% over that past 30 days.
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Aehr Test Systems has a market cap of $543.84 million and is expected to release its quarterly earnings report on Apr 06, 2022 – Apr 11, 2022. Estimates by analysts give the company expected earnings per share (EPS) of $0.04, with the EPS growth for the year raised at $0.42 for 2022 and $0.69 for next year. These figures represent 400.00% and 64.30% growth in EPS for the two years respectively.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at $9.03 million, with a low of $9.03 million and a high of $9.03 million. According to analyst consensus estimates figures, the company’s yearly revenue forecast for 2022 is expected to hit $50.46 million, or 204.00% up from figures reported last year.
There have been no upward and no downward revisions for the stock’s EPS in last 7 days, something that reflects the nature of company’s price movement in short term. On the other hand, looking at the outlook for the AEHR stock, short term indicators assign the stock an average of Hold, while medium term indicators assign it an average of 50% Buy. Long term indicators on average place the stock in the category of 50% Buy.
Looking further, we note that the PEG ratio for the AEHR stock currently stands at 17.88, and the most recent price level today is -26.89% off its SMA20 and -29.57% from its 50-day simple moving average. The RSI (14) is pointing at 34.40 while the volatility over the past week is 15.31% and jumps to 11.52% over the past one month. The beta value is 1.53, while the average true range (ATR) is currently pointing at 2.17.
Let’s briefly compare Aehr Test Systems (AEHR) stock to its peers. We find that today’s price change of -12.68% and 662.56% over the past 12 months for AEHR competes that of FormFactor Inc. (FORM), which has seen its stock price fall -3.16% in the latest trading session and is -5.52% over the last one year. Another of its peers Teradyne Inc. (TER) has dropped -2.88% today, and was 19.77% up over the past year, while inTEST Corporation (INTT) is also down -5.80% yet, while its price remains in the green at 83.13% over the same period. Aehr Test Systems has a P/E ratio of 357.56 compared to FormFactor Inc.’s 43.58 and Teradyne Inc.’s 29.78. In contrast to these companies, both the S&P 500 Index and the Dow Jones Industrial are today at -2.01% and -1.63%, respectively, in early deals.
Coming back to Aehr Test Systems (NASDAQ:AEHR), we note that the average 3-month trading volume was 2.33 million, while that of the preceding 10-day period stands at 1.89 million. Current shares outstanding are 24.00 million.
The insiders hold 4.80% of the company’s shares while institutions hold 32.50%. The data shows that short shares as of Dec 14, 2021, stood at 1.32 million at a short ratio of 0.99. This represents a 4.99% short interest in shares outstanding on Dec 14, 2021. Shares short rose in December from the previous month at 1.24 million. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock -33.46% down in year-to-date price movement.