With 0.88 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.31 million shares. The 52-week range on AEHR shows that it touched its highest point at $21.44 and its lowest point at $8.57 during that stretch. It currently has a 1-year price target of $19.00. Beta for the stock currently stands at 1.94.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of AEHR was down-trending over the past week, with a drop of -8.20%, but this was down by -19.98% over a month. Three-month performance dropped to -27.58% while six-month performance fell -32.49%. The stock lost -46.62% in the past year, while it has lost -46.78% so far this year. A look at the trailing 12-month EPS for AEHR yields 0.75 with Next year EPS estimates of 0.40. For the next quarter, that number is 0.04. This implies an EPS growth rate of -67.31% for this year and 44.30% for next year.
Float and Shares Shorts:
At present, 29.71 million AEHR shares are outstanding with a float of 27.83 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for AEHR since 1 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.48402 being high and $0.47598 being low. For AEHR, this leads to a yearly average estimate of $0.48.
