Aehr Test Systems (AEHR): Why analyst showing interest

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Aehr Test Systems (NASDAQ:AEHR) changes shares on Tuesday trading session, with a change of -1.89% or -$0.04 shares. The trading starts at $2.18 and closed at $2.12 throughout the day. The trading session low price was $2.04 and day high was $2.24 on Tuesday, June 16. After the session, the Technology sector daily volume shifted to 0.13 million while its average volume is 60.04K. In other hand, the AEHR market cap reached to $45.59M. While, its current target price is $2.08 according to WSJ.

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is up 2.46% and up 37.75% for month. Its quarterly performance was 66.40% above, while its half year performance is up 4.00%. AEHR yearly performance stood at positive 30.00% and rise 4.00% for year-to-date.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. AEHR EPS (TTM) for 12-month is 0.01. EPS for this year is 100.00%, while for the next year its value is 0.10. Sales growth for the current quarter is 13.00 while its EPS Q/Q reached 107.40%. It has an EPS of -53.70% down for past five years and for the next five years will be up 20.00%.

Let’s take a look on the analyst recommendations on AEHR for the current month and previous month. For the current month, 1 of 1 analysts recommend stock as Buy while 0 as Sell, 0 as overweight, 0 as underweight and 0 as Hold. As compared with the previous month ratings, 0 analysts participate in stock recommendation. Out of 0, 0 rated it sell, 0 rated it as Buy and 0 as Hold Ratings. On the other hand, target price ranges from $3.00-$3.00. Average target price for AEHR was reached at $3.00.

AWM Investment Company, Inc., Royce & Associates LP and Vanguard Group, Inc. (The) are the top three holders in Aehr Test Systems (AEHR) stock. On Mar 30, 2020, AWM Investment Company, Inc. has 1.9 million shares which valued 3.17 million. On Mar 30, 2020, Royce & Associates LP owned 1.29 million shares which valued at 2.16 million. On Mar 30, 2020, Vanguard Group, Inc. (The) has a total of 0.79 million shares which valued at 1.31 million. In the end, Vanguard Group, Inc. (The) have 3.42% shares outstanding of Aehr Test Systems (AEHR) on Mar 30, 2020. The insider ownership moved to 2.90% and institutional holding shifted to 26.20%.

The company posted an EPS (TTM) of 0.01. According to the most recent quarter report on (May 2020), 1 analysts estimated an average EPS of -0.03, while 0.02 EPS posted a year ago period. Analyst Estimated EPS for AEHR published in the report was -0.03–0.03 during the same period. Comparing with last year, the average estimated EPS was 0.02 which is equal to 0.02 which was posted for recent quarter EPS.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for AEHR rise 16.42% for period of 200 days. SMA for 50 days was 24.39% which is showing green signal, while SMA-20 was 16.70%. The moving average value for Aehr Test Systems (AEHR) is 1.8325 and 1.7363 for 200 and 50 days respectively.

Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in AEHR stock. On May 14, FUCCI DAVID, VP of Operations, sold 547 trading shares at the cost of $1.52, which valued at 832.0. On Mar 31, Erickson Gayn, President and CEO, sold 20,000 shares at the cost of $1.62, with total shares of 474,015. On Feb 12, POSEDEL RHEA J, Director, sold 30,000 shares at the cost of 2.27. After this transaction, POSEDEL RHEA J total shares reached to 48,794 which valued at 68100.0.