Aehr Test Systems (NASDAQ:AEHR) At Current Prices: Is It Worth Investing In?

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During the last session, Aehr Test Systems (NASDAQ:AEHR)’s traded shares were 2,782,141, with the beta value of the company hitting 1.24. At the end of the trading day, the stock’s price was $2.42, reflecting an intraday gain of 13.62% or $0.29. The 52-week high for the AEHR share is $3.6, that puts it down -48.76% from that peak though still a striking +52.48% gain since the share price plummeted to a 52-week low of $1.15. The company’s market capitalization is $57.11 Million, and the average intraday trading volume over the past 10 days was 145.95 Million shares, and the average trade volume was 490.31 Million shares over the past three months.

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Aehr Test Systems (AEHR) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 0. AEHR has a Sell rating from none of the analyst(s) out of 1 analysts who have looked at this stock. Neither of the analyst(s) recommend to Hold the stock while none of them suggest Overweight, and 1 recommend a Buy rating for it. None of the analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be $0.02.

Aehr Test Systems (AEHR) registered a 13.62% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 2.81% in intraday trading to $2.49- this Wednesday, May 19, hitting a weekly high. The stock’s 5-day price performance is 19.21%, and it has moved by 14.15% in 30 days. Based on these gigs, the overall price performance for the year is -4.35%. The short interest in Aehr Test Systems (NASDAQ:AEHR) is 242.34 Million shares and it means that shorts have 0.49 day(s) to cover.

The consensus price target of analysts on Wall Street is $3, which implies an increase of 23.97% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $3 and $3 respectively. As a result, AEHR is trading at a discount of 23.97% off the target high and 23.97% off the low.

Aehr Test Systems (AEHR) projections and forecasts

An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 26%. While earnings are projected to return 47.6% in 2021, the next five years will return 20% per annum.

Aehr Test Systems (NASDAQ:AEHR)’s Biggest Investors

Aehr Test Systems insiders own 14.09% of total outstanding shares while institutional holders control 20.65%, with the float percentage being 24.03%. AWM Investment Company, Inc. is the largest shareholder of the company, while 23 institutions own stock in it. As of Dec 30, 2020, the company held over 1.9 Million shares (or 8.05% of all shares), a total value of $4.8 Million in shares.

The next largest institutional holding, with 1.05 Million shares, is of Royce & Associates LP’s that is approximately 4.44% of outstanding shares. At the market price on Dec 30, 2020, these shares were valued at $2.65 Million.

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Also, the Mutual Funds coming in first place with the largest holdings of Aehr Test Systems (AEHR) shares are Royce Micro-Cap Fund and Vanguard Total Stock Market Index Fund. Data provided on Dec 30, 2020 indicates that Royce Micro-Cap Fund owns about 699,800 shares. This amounts to just over 2.97 percent of the company’s overall shares, with a $1.77 Million market value. The same data shows that the other fund manager holds slightly less at 680.67 Thousand, or about 2.88% of the stock, which is worth about $1.72 Million.