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Exploring NASDAQ:AEHR's CANSLIM characteristics.

By Mill Chart

Last update: Oct 10, 2023

In this article we will dive into AEHR TEST SYSTEMS (NASDAQ:AEHR) as a possible candidate for growth investing. Investors should always do their own research, but we noticed AEHR TEST SYSTEMS showing up in our CANSLIM growth screen, which makes it worth to investigate a bit more.

Some of the canslim metrics of NASDAQ:AEHR highlighted

  • The earnings per share (EPS) of AEHR TEST SYSTEMS have shown positive growth on a quarter-to-quarter (Q2Q) basis, with a 260.0% increase. This reflects the company's ability to improve its profitability over time.
  • The q2q revenue growth of 93.27% of AEHR TEST SYSTEMS highlights the company's ability to generate incremental revenue and suggests positive market demand for its products or services.
  • The 3-year EPS growth of AEHR TEST SYSTEMS (70.0M%) highlights the company's ability to consistently improve its earnings performance and suggests a positive outlook for future profitability.
  • AEHR TEST SYSTEMS has achieved an impressive Return on Equity (ROE) of 23.26%, showcasing its ability to generate favorable returns for shareholders.
  • AEHR TEST SYSTEMS has exhibited strong Relative Strength(RS) in recent periods, with a current 97.7 rating. This indicates the stock's ability to outperform the broader market and reflects its competitive position. AEHR TEST SYSTEMS shows promising potential for continued price momentum.
  • AEHR TEST SYSTEMS exhibits a favorable Debt-to-Equity ratio at 0.0. This highlights the company's ability to limit excessive debt levels and maintain a strong equity base, demonstrating its financial stability and risk management practices.
  • With institutional shareholders at 67.31%, AEHR TEST SYSTEMS demonstrates a healthy ownership distribution. This reflects a mix of institutional and individual investors, creating a market environment that may foster increased trading activity and price discovery.

What is the technical picture of NASDAQ:AEHR telling us.

Every day ChartMill assigns a Technical Rating to every stock. The score ranges from 0 to 10 and is determined by evaluating multiple technical indicators and properties.

Taking everything into account, AEHR scores 3 out of 10 in our technical rating. Although AEHR is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.

  • Looking at the yearly performance, AEHR did better than 97% of all other stocks. We also observe that the gains produced by AEHR over the past year are nicely spread over this period.
  • AEHR is one of the better performing stocks in the Semiconductors & Semiconductor Equipment industry, it outperforms 93% of 106 stocks in the same industry.
  • The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
  • AEHR is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so AEHR is lagging the market slightly.

Check the latest full technical report of AEHR for a complete technical analysis.

What is the full fundamental picture of NASDAQ:AEHR telling us.

Every day ChartMill assigns a Fundamental Rating to every stock. The score ranges from 0 to 10 and is determined by evaluating multiple fundamental indicators and properties.

We assign a fundamental rating of 6 out of 10 to AEHR. AEHR was compared to 106 industry peers in the Semiconductors & Semiconductor Equipment industry. AEHR is in great health and has no worries on liquidiy or solvency at all, but the profibility rating is only average. AEHR is valued quite expensively, but it does show have an excellent growth rating. These ratings would make AEHR suitable for growth investing!

Our latest full fundamental report of AEHR contains the most current fundamental analsysis.

More ideas for growth investing can be found on ChartMill in our CANSLIM screen.

Disclaimer

This is not investing advice! The article highlights some of the observations at the time of writing, but you should always make your own analysis and invest based on your own insights.

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AEHR TEST SYSTEMS

NASDAQ:AEHR (4/19/2024, 7:00:00 PM)

After market: 10.33 -0.03 (-0.29%)

10.36

-0.46 (-4.25%)

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