ACM Research Inc (NASDAQ:ACMR)’s traded shares stood at 2.49 million during the latest session, with the company’s beta value hitting 1.54. At the last check today, the stock’s price was $20.86, to imply an increase of 10.40% or $1.96 in intraday trading. The ACMR share’s 52-week high remains $34.40, putting it -64.91% down since that peak but still an impressive 39.93% since price per share fell to its 52-week low of $12.53. The company has a valuation of $1.30B, with an average of 1.29 million shares in intraday trading volume over the past 10 days and average of 1.29 million shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for ACM Research Inc (ACMR), translating to a mean rating of 1.00. Of 19 analyst(s) looking at the stock, 2 analyst(s) give ACMR a Sell rating. 1 of those analysts rate the stock as Overweight while 1 advise Hold as 15 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.37.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
ACM Research Inc (NASDAQ:ACMR) trade information
After registering a 10.40% upside in the latest session, ACM Research Inc (ACMR) has traded red over the past five days. The 5-day price performance for the stock is 7.05%, and 26.23% over 30 days. With these gigs, the year-to-date price performance is 6.78%. Short interest in ACM Research Inc (NASDAQ:ACMR) saw shorts transact 4.96 million shares and set a 5.28 days time to cover.
The extremes give us $18 and $106 for target low and target high price respectively. As such, ACMR has been trading -408.15% off suggested target high and 13.71% from its likely low.
ACM Research Inc (ACMR) estimates and forecasts
Looking at statistics comparing ACM Research Inc share performance against respective industry, we note that the company has outperformed competitors. ACM Research Inc (ACMR) shares are -34.88% down over the last 6 months, with its year-to-date growth rate higher than industry average at 0.00% against -23.30%. Revenue is forecast to shrink -35.10% this quarter before falling -20.90% for the next one. The rating firms project that company’s revenue will grow 30.60% compared to the previous financial year.
Revenue forecast for the current quarter as set by 6 analysts is 191.18M. Meanwhile, for the current quarter, a total of 6 analyst(s) estimate revenue growth to 182.3M.Earnings reports from the last fiscal year show that sales brought in 168.57M and 170.32M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 13.40% before jumping 7.00% in the following quarter.
An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 56.93% for the past 5-year period. While 2024 is set for a -3.03% return in earnings, projections for the next 5 years are at 42.74% annually.
ACMR Dividends
ACM Research Inc has its next earnings report out on 2024-Nov-05. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
ACM Research Inc (NASDAQ:ACMR)’s Major holders
ACM Research Inc insiders hold 16.85% of total outstanding shares, with institutional holders owning 60.73% of the shares at 73.04% float percentage. In total, 60.73% institutions holds shares in the company, led by BLACKROCK INC. As of 2024-06-30, the company held over 4.07 million shares (or 6.6335% of shares), all amounting to roughly $93.87 million.
The next major institution holding the largest number of shares is VANGUARD GROUP INC with 3.9 million shares, or about 6.3623% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $90.04 million.
