In last trading session, ACM Research Inc (NASDAQ:ACMR) saw 2.7 million shares changing hands with its beta currently measuring 1.52. Company’s recent per share price level of $20.60 trading at $1.65 or 8.71% at ring of the bell on the day assigns it a market valuation of $1.29B. That closing price of ACMR’s stock is at a discount of -66.99% from its 52-week high price of $34.40 and is indicating a premium of 37.14% from its 52-week low price of $12.95. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 1.15 million shares which gives us an average trading volume of 1.35 million if we extend that period to 3-months.

For ACM Research Inc (ACMR), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.00. Splitting up the data highlights that, out of 19 analysts covering the stock, 2 rated the stock as a Sell while 1 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 15 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.37 in the current quarter.

ACM Research Inc (NASDAQ:ACMR) trade information

Upright in the green during last session for gaining 8.71%, in the last five days ACMR remained trading in the green while hitting it’s week-highest on Thursday, 11/07/24 when the stock touched $20.60 price level, adding 6.87% to its value on the day. ACM Research Inc’s shares saw a change of 5.42% in year-to-date performance and have moved 9.60% in past 5-day. ACM Research Inc (NASDAQ:ACMR) showed a performance of -6.66% in past 30-days. Number of shares sold short was 4.95 million shares which calculate 2.91 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 30 to the stock, which implies a rise of 31.33% to its current value. Analysts have been projecting 18 as a low price target for the stock while placing it at a high target of 106. It follows that stock’s current price would jump 12.62% in reaching the projected high whereas dropping to the targeted low would mean a gain of 12.62% for stock’s current value.

ACM Research Inc (ACMR) estimates and forecasts

Statistics highlight that ACM Research Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company lost -18.54% of value to its shares in past 6 months, showing an annual growth rate of 0.00% while that of industry is -23.30. This year revenue growth is estimated to rise 30.60% from the last financial year’s standing.

6 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 191.18M for the same. And 6 analysts are in estimates of company making revenue of 182.3M in the next quarter. Company posted 168.57M and 170.32M of sales in current and next quarters respectively a year earlier.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 56.93% during past 5 years. In 2024, company’s earnings growth rate is likely to be around 0.84% while estimates for its earnings growth in next 5 years are of 20.00%.

ACM Research Inc (NASDAQ:ACMR)’s Major holders

Insiders are in possession of 14.94% of company’s total shares while institution are holding 59.51 percent of that, with stock having share float percentage of 69.95%. Investors also watch the number of corporate investors in a company very closely, which is 59.51% institutions for ACM Research Inc that are currently holding shares of the company. BLACKROCK INC. is the top institutional holder at ACMR for having 4.07 million shares of worth $93.87 million. And as of 2024-06-30, it was holding 6.6335 of the company’s outstanding shares.

The second largest institutional holder is VANGUARD GROUP INC, which was holding about 3.9 million shares on 2024-06-30. The number of shares represents firm’s hold over 6.3623 of outstanding shares, having a total worth of $90.04 million.