For its third fiscal quarter (ending February 28), Aehr Test Systems (NASDAQ: AEHR) has reported a -133% decline in E.P.S. from $0.15 a year ago to $-0.05 in the current quarter. This performance was $-0.02 short of the consensus estimate of $-0.03. E.P.S. were $0.53 for the latest four quarters through February 28 versus $0.52 for the same period a year ago — an increase of 2%.
Recent Price Action
On 4/9/24, Aehr Test Systems (NASDAQ: AEHR) stock increased 1.3%, closing at $11.78. This advance was accompanied by normal trading volume. The stock has declined -4.6% during the last week and has been extremely weak relative to the market over the last nine months.
Current PriceTarget Research Rating
AEHR’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a Value Builder.
Aehr Test Systems has a current Value Trend Rating of F (Lowest Rating). This rating combines complementary signals from two proprietary PTR measures of a stock’s attractiveness. Aehr Test Systems has a slightly negative Appreciation Score of 38 and a very low Power Rating of 0, leading to the Lowest Value Trend Rating.
Rating Review
In light of this discouraging new earnings information we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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