In the last trading session, 1.69 million ACM Research Inc (NASDAQ:ACMR) shares changed hands as the company’s beta touched 1.63. With the company’s per share price at $22.94 changed hands at -$0.55 or -2.34% during last session, the market valuation stood at $1.44B. ACMR’s last price was a discount, traded about -49.96% off its 52-week high of $34.40. The share price had its 52-week low at $13.87, which suggests the last value was 39.54% up since then.
Analysts gave the ACM Research Inc (ACMR) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.57. If we narrow down to specifics, the data shows that 2 out of 19 analysts rate the stock as a Sell, with a further 1 assigning it an Overweight rating. Of the remaining, 1 recommended ACMR as a Hold, 15 felt it is a Buy and 0 rated the stock as Underweight. ACM Research Inc’s EPS for the current quarter is expected to be 0.39.
ACM Research Inc (NASDAQ:ACMR) trade information
Instantly ACMR was in red as seen at the end of in last trading. With action -4.73%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 51.92%, with the 5-day performance at -4.73% in the red. However, in the 30-day time frame, ACM Research Inc (NASDAQ:ACMR) is 23.33% up.
The consensus price target for the stock as assigned by Wall Street analysts is 20, meaning bulls need a downside of -14.7% from its current market value. According to analyst projections, ACMR’s forecast low is 17.65 with 30 as the target high. To hit the forecast high, the stock’s price needs a -30.78% plunge from its current level, while the stock would need to tank 23.06% for it to hit the projected low.
ACM Research Inc (ACMR) estimates and forecasts
Year-over-year growth is forecast to reach 36.58% up from the last financial year.
Consensus estimates given by 6 financial analysts project the company’s revenue in the current quarter to hit an average of 194.93M. 5 analysts are of the opinion that ACM Research Inc’s revenue for the current quarter will be 179.66M. The company’s revenue for the corresponding quarters a year ago was 170.32M and 152.19M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 14.45%. The estimates for the next quarter sales put growth at 18.05%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 56.93%. The 2025 estimates are for ACM Research Inc earnings to increase by 13.71%, but the outlook for the next 5-year period is at 8.64% per year.
ACMR Dividends
ACM Research Inc is expected to release its next quarterly earnings report in March.
VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 6.3623% or 3.9 million shares worth $90.04 million as of 2024-06-30.
Among Mutual Funds, the top two as of Sep 30, 2024 were Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF . With 1.53 shares estimated at $35.15 million under it, the former controlled 2.66% of total outstanding shares. On the other hand, iShares Russell 2000 ETF held about 2.47% of the shares, roughly 1.42 shares worth around $32.67 million.
