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In the latest session, ACM Research Inc (NASDAQ: ACMR) closed at $22.32 down -6.65% from its previous closing price of $23.91. In other words, the price has decreased by -$6.65 from its previous closing price. On the day, 1.84 million shares were traded. ACMR stock price reached its highest trading level at $23.77 during the session, while it also had its lowest trading level at $22.27.
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 1.22 and its Current Ratio is at 2.31. In the meantime, Its Debt-to-Equity ratio is 0.15 whereas as Long-Term Debt/Eq ratio is at 0.07.
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:
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 Jun 11 ’24 when Wang Jian sold 30,000 shares for $23.02 per share. The transaction valued at 690,576 led to the insider holds 253,158 shares of the business.
Wang Jian sold 30,000 shares of ACMR for $662,100 on Jun 10 ’24. The insider now owns 253,158 shares after completing the transaction at $22.07 per share. On Jun 07 ’24, another insider, Wang Jian, who serves as the insider of the company, sold 30,000 shares for $22.07 each. As a result, the insider received 662,100 and left with 253,158 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 1482626048 and an Enterprise Value of 1391466624. As of this moment, ACM’s Price-to-Earnings (P/E) ratio for their current fiscal year is 17.01, and their Forward P/E ratio for the next fiscal year is 11.95. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.40. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.18 while its Price-to-Book (P/B) ratio in mrq is 1.74. Its current Enterprise Value per Revenue stands at 2.189 whereas that against EBITDA is 11.494.
Stock Price History:
The Beta on a monthly basis for ACMR is 1.54, which has changed by 0.7342657 over the last 52 weeks, in comparison to a change of 0.23228896 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 $11.82. The 50-Day Moving Average of the stock is -5.03%, while the 200-Day Moving Average is calculated to be 1.69%.
Shares Statistics:
For the past three months, ACMR has traded an average of 1.23M shares per day and 1320720 over the past ten days. A total of 56.04M shares are outstanding, with a floating share count of 47.20M. Insiders hold about 23.89% of the company’s shares, while institutions hold 53.85% stake in the company. Shares short for ACMR as of 1719532800 were 4235176 with a Short Ratio of 3.46, compared to 1717113600 on 3918860. Therefore, it implies a Short% of Shares Outstanding of 4235176 and a Short% of Float of 9.24.
Earnings Estimates
The market rating of ACM Research Inc (ACMR) is currently shaped by the ongoing analysis conducted by 4.0 analysts closely monitoring its performance.On average, analysts expect EPS of $0.35 for the current quarter, with a high estimate of $0.54 and a low estimate of $0.26, while EPS last year was $0.48. The consensus estimate for the next quarter is $0.45, with high estimates of $0.7 and low estimates of $0.34.
Analysts are recommending an EPS of between $2.37 and $1.44 for the fiscal current year, implying an average EPS of $1.74. EPS for the following year is $1.87, with 4.0 analysts recommending between $2.62 and $1.45.
Revenue Estimates
A total of 6 analysts believe the company’s revenue will be $163.05M this quarter.It ranges from a high estimate of $175.32M to a low estimate of $156.76M. As of the current estimate, ACM Research Inc’s year-ago sales were $115.54MFor the next quarter, 6 analysts are estimating revenue of $195.11M. There is a high estimate of $205M for the next quarter, whereas the lowest estimate is $186.2M.
A total of 7 analysts have provided revenue estimates for ACMR’s current fiscal year. The highest revenue estimate was $731.54M, while the lowest revenue estimate was $687.04M, resulting in an average revenue estimate of $702.72M. In the same quarter a year ago, actual revenue was $557.72MBased on 7 analysts’ estimates, the company’s revenue will be $869.61M in the next fiscal year. The high estimate is $972.95M and the low estimate is $750M.
