Aehr Test Systems (AEHR) Issues Earnings Results

Aehr Test Systems (NASDAQ:AEHR) released its quarterly earnings data on Thursday. The semiconductor company reported $0.02 earnings per share for the quarter, Yahoo Finance reports. The company had revenue of $7.92 million for the quarter, compared to the consensus estimate of $7.11 million. Aehr Test Systems had a negative return on equity of 47.96% and a negative net margin of 23.79%.

Aehr Test Systems (AEHR) traded up $0.30 during midday trading on Friday, reaching $3.15. The company’s stock had a trading volume of 773,400 shares, compared to its average volume of 393,267. The company has a quick ratio of 2.64, a current ratio of 3.76 and a debt-to-equity ratio of 0.35. The firm has a market capitalization of $61.40, a P/E ratio of -10.86, a price-to-earnings-growth ratio of 4.75 and a beta of 0.84. Aehr Test Systems has a 12 month low of $2.15 and a 12 month high of $6.10.

In other news, Director William W. R. Elder sold 28,168 shares of Aehr Test Systems stock in a transaction that occurred on Monday, November 6th. The shares were sold at an average price of $3.51, for a total value of $98,869.68. Following the completion of the transaction, the director now owns 28,744 shares in the company, valued at $100,891.44. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Gayn Erickson sold 20,000 shares of Aehr Test Systems stock in a transaction that occurred on Tuesday, November 7th. The shares were sold at an average price of $3.40, for a total transaction of $68,000.00. Following the completion of the transaction, the insider now owns 341,063 shares of the company’s stock, valued at approximately $1,159,614.20. The disclosure for this sale can be found here. Insiders have sold 85,128 shares of company stock worth $275,073 over the last ninety days. Company insiders own 21.90% of the company’s stock.

An institutional investor recently raised its position in Aehr Test Systems stock. Vanguard Group Inc. increased its stake in Aehr Test Systems (NASDAQ:AEHR) by 45.3% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 493,399 shares of the semiconductor company’s stock after purchasing an additional 153,816 shares during the period. Vanguard Group Inc. owned 2.59% of Aehr Test Systems worth $1,851,000 as of its most recent SEC filing. 27.16% of the stock is owned by institutional investors and hedge funds.

A number of equities research analysts have weighed in on the company. Zacks Investment Research raised Aehr Test Systems from a “hold” rating to a “buy” rating and set a $3.25 price objective on the stock in a report on Thursday. ValuEngine downgraded Aehr Test Systems from a “hold” rating to a “sell” rating in a report on Thursday, December 21st.

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Aehr Test Systems Company Profile

Aehr Test Systems is engaged in the designing, manufacturing and marketing of advanced test and burn-in products to the semiconductor manufacturing industry. The Company manufactures and markets full wafer contact test systems, test during burn-in systems, test fixtures, die carriers and related accessories.

Earnings History for Aehr Test Systems (NASDAQ:AEHR)

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