Craig-Hallum analyst Christian Schwab assigned a Hold rating to the stock today. The company’s shares closed yesterday at $12.35.
Schwab covers the Technology sector, focusing on stocks such as Infinera, ACM Research, and Aehr Test Systems. According to TipRanks, Schwab has an average return of 18.8% and a 61.88% success rate on recommended stocks.
The analyst consensus on Aehr Test Systems is currently a Hold rating.
Based on Aehr Test Systems’ latest earnings release for the quarter ending November 30, the company reported a quarterly revenue of $21.43 million and a net profit of $6.09 million. In comparison, last year the company earned a revenue of $14.82 million and had a net profit of $3.73 million
Based on the recent corporate insider activity of 105 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of AEHR in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Aehr Test Systems (AEHR) Company Description:
Aehr Test Systems engages in the design, manufacture, and marketing of test and burn-in products to the semiconductor manufacturing industry. Its products include wafer contact test systems, test during burn-in systems, test fixtures, and die carriers. The company was founded by Rhea J. Posedel on May 25, 1977 and is headquartered in Fremont, CA.
Read More on AEHR:
- Reddit initiated, Seagate upgraded: Wall Street’s top analyst calls
- Craig-Hallum downgrades Aehr Test to Hold on weak pre-released Q3, guidance
- Aehr Test Systems downgraded to Hold from Buy at Craig-Hallum
- Aehr Test Systems downgraded at William Blair after Q3 miss, FY24 guidance cut
- Aehr Test Systems downgraded to Market Perform from Outperform at William Blair
