In the latest session, ACM Research Inc (NASDAQ: ACMR) closed at $21.79 up 0.88% from its previous closing price of $21.60. In other words, the price has increased by $+0.19 from its previous closing price. On the day, 3745330 shares were traded.
Ratios:
For a deeper understanding of ACM Research Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.26 and its Current Ratio is at 2.32. In the meantime, Its Debt-to-Equity ratio is 0.12 whereas as Long-Term Debt/Eq ratio is at 0.06.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Jefferies on July 03, 2023, Upgraded its rating to Buy and sets its target price to $23.40 from $9 previously.
Jefferies Downgraded its Hold to Underperform on February 27, 2023, whereas the target price for the stock was revised from $7 to $8.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Jan 12 when McKechnie Mark sold 10,000 shares for $22.00 per share. The transaction valued at 220,000 led to the insider holds 900 shares of the business.
Liu Tracy sold 10,000 shares of ACMR for $200,000 on Dec 26. The Director now owns 110,772 shares after completing the transaction at $20.00 per share. On Dec 26, another insider, Feng Lisa, who serves as the insider of the company, sold 7,500 shares for $20.00 each. As a result, the insider received 150,000 and left with 50,001 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ACMR now has a Market Capitalization of 1.32B and an Enterprise Value of 1.10B. As of this moment, ACM’s Price-to-Earnings (P/E) ratio for their current fiscal year is 20.07, and their Forward P/E ratio for the next fiscal year is 16.35. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.47. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.66 while its Price-to-Book (P/B) ratio in mrq is 1.81. Its current Enterprise Value per Revenue stands at 2.23 whereas that against EBITDA is 9.90.
Stock Price History:
Over the past 52 weeks, ACMR has reached a high of $22.47, while it has fallen to a 52-week low of $8.75. The 50-Day Moving Average of the stock is 18.92, while the 200-Day Moving Average is calculated to be 15.73.
Shares Statistics:
For the past three months, ACMR has traded an average of 1.10M shares per day and 1.42M over the past ten days. A total of 54.66M shares are outstanding, with a floating share count of 45.55M. Insiders hold about 24.85% of the company’s shares, while institutions hold 54.64% stake in the company. Shares short for ACMR as of Jan 31, 2024 were 3.71M with a Short Ratio of 3.38, compared to 3.1M on Dec 29, 2023. Therefore, it implies a Short% of Shares Outstanding of 6.12% and a Short% of Float of 8.35%.
Earnings Estimates
There are 4 different market analysts currently analyzing its stock. On average, analysts expect EPS of $0.17 for the current quarter, with a high estimate of $0.31 and a low estimate of $0.06, while EPS last year was $0.19. The consensus estimate for the next quarter is $0.17, with high estimates of $0.35 and low estimates of $0.07.
Analysts are recommending an EPS of between $1.51 and $1.27 for the fiscal current year, implying an average EPS of $1.38. EPS for the following year is $1.38, with 4 analysts recommending between $1.68 and $1.16.
Revenue Estimates
A total of 6 analysts believe the company’s revenue will be $149.28M this quarter.It ranges from a high estimate of $152.65M to a low estimate of $145M. As of the current estimate, ACM Research Inc’s year-ago sales were $108.54M, an estimated increase of 37.50% from the year-ago figure. For the next quarter, 6 analysts are estimating revenue of $120.27M, an increase of 62.00% over than the figure of $37.50% in the same quarter last year. There is a high estimate of $141M for the next quarter, whereas the lowest estimate is $95M.
A total of 7 analysts have provided revenue estimates for ACMR’s current fiscal year. The highest revenue estimate was $540.05M, while the lowest revenue estimate was $530.68M, resulting in an average revenue estimate of $535.78M. In the same quarter a year ago, actual revenue was $388.83M, up 37.80% from the average estimate. Based on 7 analysts’ estimates, the company’s revenue will be $693.06M in the next fiscal year. The high estimate is $717.6M and the low estimate is $649M. The average revenue growth estimate for next year is up 29.40% from the average revenue estimate for this year.
