Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
As of close of business last night, ACM Research Inc’s stock clocked out at $26.73, down -1.15% from its previous closing price of $27.04. In other words, the price has decreased by -$1.15 from its previous closing price. On the day, 1.06 million shares were traded. ACMR stock price reached its highest trading level at $27.1596 during the session, while it also had its lowest trading level at $25.13.
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:
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 1652010240 and an Enterprise Value of 1607011840. As of this moment, ACM’s Price-to-Earnings (P/E) ratio for their current fiscal year is 22.95, and their Forward P/E ratio for the next fiscal year is 14.44. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.54. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.93 while its Price-to-Book (P/B) ratio in mrq is 2.13. Its current Enterprise Value per Revenue stands at 2.881 whereas that against EBITDA is 15.462.
Stock Price History:
The Beta on a monthly basis for ACMR is 1.40, which has changed by 1.9085963 over the last 52 weeks, in comparison to a change of 0.24191546 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 $8.75. The 50-Day Moving Average of the stock is -3.93%, while the 200-Day Moving Average is calculated to be 36.50%.
Shares Statistics:
It appears that ACMR traded 1.74M shares on average per day over the past three months and 1335780 shares per day over the past ten days. 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 54.27% stake in the company. Shares short for ACMR as of 1713139200 were 4062696 with a Short Ratio of 2.34, compared to 1710460800 on 3245616. Therefore, it implies a Short% of Shares Outstanding of 4062696 and a Short% of Float of 9.0500005.
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.On average, analysts expect EPS of $0.33 for the current quarter, with a high estimate of $0.41 and a low estimate of $0.29, while EPS last year was $0.15. The consensus estimate for the next quarter is $0.35, with high estimates of $0.44 and low estimates of $0.28.
Analysts are recommending an EPS of between $1.8 and $1.18 for the fiscal current year, implying an average EPS of $1.46. EPS for the following year is $1.85, with 4.0 analysts recommending between $2.25 and $1.45.
Revenue Estimates
In the current quarter, 6 analysts expect revenue to total $150.91M. It ranges from a high estimate of $168.35M to a low estimate of $114M. As of the current estimate, ACM Research Inc’s year-ago sales were $74.26MFor the next quarter, 6 analysts are estimating revenue of $167.17M. There is a high estimate of $175.32M for the next quarter, whereas the lowest estimate is $163M.
A total of 7 analysts have provided revenue estimates for ACMR’s current fiscal year. The highest revenue estimate was $747.7M, while the lowest revenue estimate was $685M, resulting in an average revenue estimate of $701.7M. In the same quarter a year ago, actual revenue was $557.72MBased on 7 analysts’ estimates, the company’s revenue will be $866.91M in the next fiscal year. The high estimate is $980.67M and the low estimate is $750M.
