Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
The closing price of ACM Research Inc (NASDAQ: ACMR) was $18.42 for the day, down -1.44% from the previous closing price of $18.69. In other words, the price has decreased by -$1.44 from its previous closing price. On the day, 0.67 million shares were traded. ACMR stock price reached its highest trading level at $18.56 during the session, while it also had its lowest trading level at $18.21.
Ratios:
Our analysis of ACMR’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.34 and its Current Ratio is at 2.37. In the meantime, Its Debt-to-Equity ratio is 0.20 whereas as Long-Term Debt/Eq ratio is at 0.12.
Goldman Upgraded its Neutral to Buy on February 29, 2024, while the target price for the stock was maintained at $39.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Nov 29 ’24 when Dun Haiping sold 19,058 shares for $17.43 per share. The transaction valued at 332,181 led to the insider holds 755,090 shares of the business.
Wang David H sold 56,250 shares of ACMR for $981,000 on Nov 29 ’24. The insider now owns 598,006 shares after completing the transaction at $17.44 per share. On Nov 26 ’24, another insider, Wang David H, who serves as the insider of the company, sold 56,250 shares for $17.89 each. As a result, the insider received 1,006,087 and left with 654,256 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 1153604096 and an Enterprise Value of 1136608896. As of this moment, ACM’s Price-to-Earnings (P/E) ratio for their current fiscal year is 13.88, and their Forward P/E ratio for the next fiscal year is 9.64. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.69. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.58 while its Price-to-Book (P/B) ratio in mrq is 1.30. Its current Enterprise Value per Revenue stands at 1.559 whereas that against EBITDA is 8.138.
Stock Price History:
The Beta on a monthly basis for ACMR is 1.57, which has changed by -0.015279233 over the last 52 weeks, in comparison to a change of 0.24440956 over the same period for the S&P500. Over the past 52 weeks, ACMR has reached a high of $34.40, while it has fallen to a 52-week low of $13.87. The 50-Day Moving Average of the stock is 10.17%, while the 200-Day Moving Average is calculated to be -9.24%.
Shares Statistics:
ACMR traded an average of 1.36M shares per day over the past three months and 1252930 shares per day over the past ten days. A total of 57.52M shares are outstanding, with a floating share count of 48.71M. Insiders hold about 22.22% of the company’s shares, while institutions hold 54.19% stake in the company. Shares short for ACMR as of 1735603200 were 4455279 with a Short Ratio of 3.29, compared to 1732838400 on 3920001. Therefore, it implies a Short% of Shares Outstanding of 4455279 and a Short% of Float of 9.59.
Earnings Estimates
The stock of ACM Research Inc (ACMR) is currently being evaluated by 4.0 analysts who are actively contributing to its market rating.The consensus estimate for the next quarter is $0.34, with high estimates of $0.48 and low estimates of $0.18.
Analysts are recommending an EPS of between $2.14 and $1.98 for the fiscal current year, implying an average EPS of $2.1. EPS for the following year is $2.05, with 4.0 analysts recommending between $2.39 and $1.8.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 6 analysts. It ranges from a high estimate of $204M to a low estimate of $176M. As of the current estimate, ACM Research Inc’s year-ago sales were $170.32MFor the next quarter, 6 analysts are estimating revenue of $179.66M. There is a high estimate of $189M for the next quarter, whereas the lowest estimate is $167.26M.
A total of 4 analysts have provided revenue estimates for ACMR’s current fiscal year. The highest revenue estimate was $762.62M, while the lowest revenue estimate was $759.32M, resulting in an average revenue estimate of $761.76M. In the same quarter a year ago, actual revenue was $557.72MBased on 8 analysts’ estimates, the company’s revenue will be $911.26M in the next fiscal year. The high estimate is $997M and the low estimate is $853.64M.
