Invest in ACM Research Inc. (ACMR) to keep your portfolio healthy

After finishing at $11.81 in the prior trading day, ACM Research Inc. (NASDAQ: ACMR) closed at $12.64, up 7.03%. In other words, the price has increased by $+0.83 from its previous closing price. On the day, 915384 shares were traded. ACMR stock price reached its highest trading level at $12.65 during the session, while it also had its lowest trading level at $12.06.

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Our goal is to gain a better understanding of ACMR by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.40 and its Current Ratio is at 2.40. In the meantime, Its Debt-to-Equity ratio is 0.11 whereas as Long-Term Debt/Eq ratio is at 0.03.

Upgrades & Downgrades

On February 27, 2023, Jefferies Downgraded its rating to Underperform which previously was Hold and also upped its target price recommendation from $7 to $8.

Morgan Stanley Downgraded its Equal-Weight to Underweight on February 22, 2023, while the target price for the stock was maintained at $10.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 09 when Feng Lisa sold 22,500 shares for $12.37 per share. The transaction valued at 278,351 led to the insider holds 50,001 shares of the business.

Dun Haiping sold 35,327 shares of ACMR for $297,807 on Nov 30. The Director now owns 890,620 shares after completing the transaction at $8.43 per share. On Aug 22, another insider, Dun Haiping, who serves as the Director of the company, sold 36,537 shares for $16.10 each. As a result, the insider received 588,246 and left with 855,090 shares of the company.

Valuation Measures:

As of this moment, ACM’s Price-to-Earnings (P/E) ratio for their current fiscal year is 21.35, and their Forward P/E ratio for the next fiscal year is 12.40. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.50. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.01 while its Price-to-Book (P/B) ratio in mrq is 1.12.

Stock Price History:

Over the past 52 weeks, ACMR has reached a high of $23.15, while it has fallen to a 52-week low of $5.46. The 50-Day Moving Average of the stock is 11.47, while the 200-Day Moving Average is calculated to be 12.49.

Shares Statistics:

The stock has traded on average 903.82K shares per day over the past 3-months and 1.05M shares per day over the last 10 days, according to various share statistics. A total of 59.57M shares are outstanding, with a floating share count of 44.62M. Insiders hold about 1.80% of the company’s shares, while institutions hold 68.70% stake in the company. Shares short for ACMR as of Jan 30, 2023 were 2.74M with a Short Ratio of 2.38M, compared to 2.87M on Dec 29, 2022. Therefore, it implies a Short% of Shares Outstanding of 4.61% and a Short% of Float of 5.72%.

Earnings Estimates

Its stock is currently analyzed by 5 different market analysts. On average, analysts expect EPS of $0.14 for the current quarter, with a high estimate of $0.29 and a low estimate of $0.07, while EPS last year was $0.27. The consensus estimate for the next quarter is $0.09, with high estimates of $0.24 and low estimates of -$0.06.

Analysts are recommending an EPS of between $0.92 and $0.71 for the fiscal current year, implying an average EPS of $0.79. EPS for the following year is $0.85, with 5 analysts recommending between $1.15 and $0.39.

Revenue Estimates

6 analysts predict $97.12M in revenue for the current quarter. It ranges from a high estimate of $105M to a low estimate of $94.7M. As of the current estimate, ACM Research Inc.’s year-ago sales were $95.14M, an estimated increase of 2.10% from the year-ago figure. For the next quarter, 6 analysts are estimating revenue of $90.41M, an increase of 114.30% over than the figure of $2.10% in the same quarter last year. There is a high estimate of $121.05M for the next quarter, whereas the lowest estimate is $61.71M.

A total of 7 analysts have provided revenue estimates for ACMR’s current fiscal year. The highest revenue estimate was $385.3M, while the lowest revenue estimate was $374.7M, resulting in an average revenue estimate of $377.03M. In the same quarter a year ago, actual revenue was $259.75M, up 45.20% from the average estimate. Based on 7 analysts’ estimates, the company’s revenue will be $487.87M in the next fiscal year. The high estimate is $550M and the low estimate is $347.83M. The average revenue growth estimate for next year is up 29.40% from the average revenue estimate for this year.