Aehr Test Systems (AEHR) to Release Quarterly Earnings on Thursday

Aehr Test Systems (NASDAQ:AEHR) is set to issue its quarterly earnings data after the market closes on Thursday, October 10th. Analysts expect the company to announce earnings of $0.01 per share for the quarter. Parties that are interested in participating in the company’s conference call can do so using this link.

Aehr Test Systems (NASDAQ:AEHR) last issued its quarterly earnings results on Friday, July 19th. The semiconductor company reported $0.81 EPS for the quarter, topping the consensus estimate of $0.11 by $0.70. Aehr Test Systems had a return on equity of 36.41% and a net margin of 50.07%. The company had revenue of $16.60 million for the quarter. During the same period in the prior year, the firm earned $0.21 earnings per share.

Aehr Test Systems Trading Down 1.2 %

AEHR opened at $12.55 on Wednesday. The business has a 50 day moving average of $13.62 and a 200-day moving average of $12.98. The stock has a market capitalization of $362.88 million, a price-to-earnings ratio of 24.13 and a beta of 2.03. Aehr Test Systems has a 1-year low of $9.83 and a 1-year high of $42.74.

Insider Transactions at Aehr Test Systems

In other news, Director Howard T. Slayen purchased 20,000 shares of Aehr Test Systems stock in a transaction on Friday, August 2nd. The shares were purchased at an average cost of $15.50 per share, for a total transaction of $310,000.00. Following the completion of the transaction, the director now directly owns 220,714 shares in the company, valued at approximately $3,421,067. This represents a 0.00 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In related news, Director Howard T. Slayen acquired 20,000 shares of the firm’s stock in a transaction on Friday, August 2nd. The shares were purchased at an average price of $15.50 per share, with a total value of $310,000.00. Following the acquisition, the director now directly owns 220,714 shares in the company, valued at $3,421,067. The trade was a 0.00 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this link. Also, Director Fariba Danesh sold 10,000 shares of the firm’s stock in a transaction that occurred on Tuesday, July 30th. The shares were sold at an average price of $18.59, for a total transaction of $185,900.00. Following the completion of the sale, the director now directly owns 16,390 shares of the company’s stock, valued at approximately $304,690.10. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. 11.30% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several analysts have issued reports on AEHR shares. StockNews.com lowered shares of Aehr Test Systems from a “hold” rating to a “sell” rating in a research report on Saturday. Craig Hallum upgraded Aehr Test Systems from a “hold” rating to a “buy” rating and raised their price objective for the stock from $12.00 to $25.00 in a research report on Wednesday, July 17th.

Aehr Test Systems Company Profile

Aehr Test Systems provides test solutions for testing, burning-in, and semiconductor devices in wafer level, singulated die, and package part form, and installed systems worldwide. Its product portfolio includes FOX-XP and FOX-NP systems that are full wafer contact and singulated die/module test and burn-in systems that can test, burn-in, and stabilize range of devices, including silicon carbide-based and other power semiconductors, 2D and 3D sensors used in mobile phones, tablets and other computing devices, memory semiconductors, processors, microcontrollers, systems-on-a-chip, and photonics and integrated optical devices.