With 0.58 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.79 million shares. The 52-week range on AEHR shows that it touched its highest point at $21.44 and its lowest point at $6.27 during that stretch. It currently has a 1-year price target of $11.50. Beta for the stock currently stands at 2.27.
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 up-trending over the past week, with a rise of 10.29%, but this was up by 12.05% over a month. Three-month performance dropped to -14.86% while six-month performance fell -24.77%. The stock lost -19.02% in the past year, while it has lost -45.22% so far this year. A look at the trailing 12-month EPS for AEHR yields 0.78 with Next year EPS estimates of 0.19. For the next quarter, that number is -0.02. This implies an EPS growth rate of -82.29% for this year and 25.45% for next year.
Float and Shares Shorts:
At present, 29.77 million AEHR shares are outstanding with a float of 27.89 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 $0.48409 being high and $0.47591 being low. For AEHR, this leads to a yearly average estimate of $0.48. Based on analyst estimates, the high estimate for the next quarter is $0.03 and the low estimate is $0.03. The average estimate for the next quarter is thus $0.03.
