As of close of business last night, ACM Research Inc’s stock clocked out at $28.61, down -4.79% from its previous closing price of $30.05. On the day, 872071 shares were traded.
Ratios:
To gain a deeper understanding of ACMR’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.26 and its Current Ratio is at 2.35. In the meantime, Its Debt-to-Equity ratio is 0.13 whereas as Long-Term Debt/Eq ratio is at 0.08.
On July 03, 2023, Jefferies Upgraded its rating to Buy which previously was Underperform and also upped its target price recommendation from $9 to $23.40.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Mar 14 ’24 when Wang David H sold 87,089 shares for $27.62 per share. The transaction valued at 2,405,050 led to the insider holds 504,018 shares of the business.
Dun Haiping sold 19,434 shares of ACMR for $538,376 on Mar 14 ’24. The Director now owns 855,090 shares after completing the transaction at $27.70 per share. On Mar 14 ’24, another insider, Cheav Sotheara, who serves as the insider of the company, sold 5,000 shares for $27.89 each. As a result, the insider received 139,428 and left with 100,002 shares of the company.
Valuation Measures:
As of this moment, ACM’s Price-to-Earnings (P/E) ratio for their current fiscal year is 24.57, and their Forward P/E ratio for the next fiscal year is 15.42. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.57. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.13 while its Price-to-Book (P/B) ratio in mrq is 2.28.
Stock Price History:
Over the past 52 weeks, ACMR has reached a high of $34.40, while it has fallen to a 52-week low of $8.75.
Shares Statistics:
A total of 56.04M shares are outstanding, with a floating share count of 46.05M. Insiders hold about 24.63% of the company’s shares, while institutions hold 54.46% stake in the company.
Earnings Estimates
As of right now, Archer Aviation Inc. analysts gave their recommendation on the stock of the company. The consensus estimate for the next quarter is $28.61, with high estimates of $93.61 and low estimates of $8.91.
Analysts are recommending an EPS of between $Industrials and $Consumer Cyclical for the fiscal current year, implying an average EPS of $Technology.
