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Tuesday, September 26, 2023

The Question Is Whether To Buy Or Not To Buy Aehr Test Systems (NASDAQ: AEHR)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Aehr Test Systems (AEHR) shows that investor sentiment remained same, with the stock’s consolidated last price remained same to $46.75. The Aehr Test Systems has recorded 8,785 volume in the after hours trading session. The stock was recently discussed on Yahoo Finance as it revealed that Aehr Test Systems to Participate in the Jefferies Semiconductor, IT Hardware & Communications Technology Summit on August 29, 2023.

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Stocks Info

Aehr Test Systems is listed on the NASDAQ as a member of the Technology sector and is a part of the Semiconductor Equipment & Materials industry. At the end of the last regular session, the stock closed at $46.75 and fluctuated between $48.26 as its day high and $46.39 as its day low. The current market capitalization of Aehr Test Systems is $1.36B. A total of 0.5 million shares were traded on the day, compared to an average of 1.14M shares.

Insider Activity

Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, AEHR has seen 20 BUY and 34 SELL insider trades, representing the acquisition of 206,749 and the disposition of 457,885 shares. Over the last 12 months, there were 67 BUYs and 124 SELLs from insiders. Insiders purchased 682,481 shares during that period but sold 1,586,389.

In the most recent transaction, RICHMOND DONALD P. II sold 92 shares of AEHR for 51.00 per share on Aug 10. After the transaction, the VP of Engineering now owns 138,642 company shares. In a previous transaction on Aug 09, RICHMOND DONALD P. II sold 30,000 shares at 48.75 per share. AEHR shares that VP of Engineering owns now total 138,734.

Among the insiders who sold shares, SCOTT GEOFFREY GATES disposed of 9,470 shares on Aug 03 at a per-share price of $50.20. This resulted in the Director holding 34,990 shares of AEHR after the transaction. In another insider transaction, SCOTT GEOFFREY GATES sold 5,000 shares at $52.26 per share on Aug 02. Company shares held by the Director now total 44,460.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for AEHR in the last 3 months, the mean price target is $60.00 with high estimates of $60.00 and low estimates of $60.00. In terms of 52-week highs and lows, AEHR has a high of $54.10 and a low of $13.08.

As of this writing, AEHR has an earnings estimate of $0.16 per share for the current quarter. EPS was calculated based on a consensus of 2 estimates, with a high estimate of $0.2 per share and a lower estimate of $0.12. The company reported an EPS of $0.16 in the last quarter, which was 14.30% higher than expectations of $0.14.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. AEHR’s latest balance sheet shows that the firm has $31.48M in Cash & Short Term Investments as of fiscal 2022. There were $1.01M in debt and $11.01M in liabilities at the time. Its Book Value Per Share was $2.66, while its Total Shareholder’s Equity was $50.99M.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for AEHR is Buy with a score of 5.00.

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