Aehr Test Systems (NASDAQ:AEHR) has earned an average broker rating score of 1.00 (Strong Buy) from the one brokers that provide coverage for the stock, Zacks Investment Research reports. One analyst has rated the stock with a strong buy recommendation.

Brokers have set a twelve-month consensus target price of $7.50 for the company, according to Zacks. Zacks has also assigned Aehr Test Systems an industry rank of 14 out of 255 based on the ratings given to related companies.

Separately, TheStreet upgraded shares of Aehr Test Systems from a “d+” rating to a “c” rating in a research note on Friday, July 20th.

In other news, Director John M. Schneider sold 14,168 shares of the business’s stock in a transaction on Thursday, August 2nd. The shares were sold at an average price of $2.40, for a total transaction of $34,003.20. Following the completion of the transaction, the director now owns 2,945 shares of the company’s stock, valued at $7,068. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Gayn Erickson sold 20,000 shares of the business’s stock in a transaction on Tuesday, July 24th. The shares were sold at an average price of $2.51, for a total transaction of $50,200.00. Following the transaction, the chief executive officer now directly owns 364,063 shares of the company’s stock, valued at approximately $913,798.13. The disclosure for this sale can be found here. In the last three months, insiders have sold 66,768 shares of company stock valued at $167,965. Corporate insiders own 21.90% of the company’s stock.

Several institutional investors and hedge funds have recently made changes to their positions in AEHR. Segall Bryant & Hamill LLC acquired a new position in shares of Aehr Test Systems during the first quarter valued at $322,000. B. Riley Financial Inc. boosted its holdings in shares of Aehr Test Systems by 520.0% during the first quarter. B. Riley Financial Inc. now owns 155,000 shares of the semiconductor company’s stock valued at $349,000 after acquiring an additional 130,000 shares during the period. Deutsche Bank AG acquired a new position in shares of Aehr Test Systems during the fourth quarter valued at $381,000. Renaissance Technologies LLC acquired a new position in shares of Aehr Test Systems during the fourth quarter valued at $405,000. Finally, Royce & Associates LP boosted its holdings in shares of Aehr Test Systems by 46.5% during the second quarter. Royce & Associates LP now owns 446,800 shares of the semiconductor company’s stock valued at $1,050,000 after acquiring an additional 141,800 shares during the period. 22.49% of the stock is owned by institutional investors.

AEHR stock traded down $0.01 during trading on Monday, hitting $2.33. 43,520 shares of the company’s stock traded hands, compared to its average volume of 110,836. The company has a debt-to-equity ratio of 0.33, a current ratio of 4.62 and a quick ratio of 3.20. Aehr Test Systems has a 52 week low of $2.12 and a 52 week high of $4.10. The firm has a market cap of $51.37 million, a price-to-earnings ratio of 117.00 and a beta of 0.61.

Aehr Test Systems (NASDAQ:AEHR) last released its earnings results on Thursday, July 19th. The semiconductor company reported $0.01 earnings per share for the quarter, meeting the consensus estimate of $0.01. Aehr Test Systems had a net margin of 1.79% and a return on equity of 2.92%. The firm had revenue of $7.27 million during the quarter.

Aehr Test Systems Company Profile

Aehr Test Systems designs, engineers, manufactures, and sells test and burn-in equipment used in the semiconductor industry worldwide. The company offers full wafer contact test systems, test during burn-in systems, test fixtures, die carriers, and related accessories; and Advanced Burn-in and Test System family of packaged part burn-in and test systems, which perform test during burn-in of complex devices, such as digital signal processors, microprocessors, microcontrollers, and systems-on-a-chip, as well as offer individual temperature control for high-power advanced logic devices.

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