Aehr Test Systems (NASDAQ:AEHR) is scheduled to post its quarterly earnings results after the market closes on Wednesday, March 28th.
Aehr Test Systems (NASDAQ:AEHR) last announced its quarterly earnings data on Thursday, January 4th. The semiconductor company reported $0.02 earnings per share for the quarter. Aehr Test Systems had a negative return on equity of 23.69% and a negative net margin of 13.92%. The company had revenue of $7.92 million during the quarter, compared to analyst estimates of $7.11 million. On average, analysts expect Aehr Test Systems to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Shares of AEHR stock opened at $2.52 on Wednesday. Aehr Test Systems has a twelve month low of $2.16 and a twelve month high of $6.10. The firm has a market capitalization of $57.99, a PE ratio of -12.60 and a beta of 0.87. The company has a quick ratio of 3.30, a current ratio of 4.55 and a debt-to-equity ratio of 0.34.
In related news, insider Gayn Erickson sold 20,000 shares of Aehr Test Systems stock in a transaction dated Monday, February 5th. The stock was sold at an average price of $2.51, for a total value of $50,200.00. Following the completion of the sale, the insider now owns 369,063 shares of the company’s stock, valued at approximately $926,348.13. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. In the last three months, insiders sold 60,000 shares of company stock valued at $153,950. 21.90% of the stock is currently owned by insiders.
An institutional investor recently raised its position in Aehr Test Systems stock. Vanguard Group Inc. boosted its stake in Aehr Test Systems (NASDAQ:AEHR) by 45.3% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 493,399 shares of the semiconductor company’s stock after purchasing an additional 153,816 shares during the quarter. Vanguard Group Inc. owned approximately 2.59% of Aehr Test Systems worth $1,851,000 as of its most recent filing with the Securities & Exchange Commission. 24.96% of the stock is currently owned by institutional investors.
Several equities research analysts recently weighed in on the company. ValuEngine lowered Aehr Test Systems from a “hold” rating to a “sell” rating in a report on Thursday, December 21st. Zacks Investment Research lowered Aehr Test Systems from a “buy” rating to a “hold” rating in a report on Tuesday, January 16th.
WARNING: This report was published by The Ledger Gazette and is owned by of The Ledger Gazette. If you are reading this report on another domain, it was illegally copied and reposted in violation of U.S. and international copyright and trademark law. The legal version of this report can be read at https://ledgergazette.com/2018/03/21/aehr-test-systems-aehr-to-release-earnings-on-wednesday.html.
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.
Receive News & Ratings for Aehr Test Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aehr Test Systems and related companies with MarketBeat.com's FREE daily email newsletter.