During the recent session, ACM Research Inc (NASDAQ:ACMR)’s traded shares were 0.43 million, with the beta value of the company hitting 1.60. At the last check today, the stock’s price was $24.92, reflecting an intraday loss of -7.43% or -$2.0. The 52-week high for the ACMR share is $33.40, that puts it down -34.03 from that peak though still a striking 44.34% gain since the share price plummeted to a 52-week low of $13.87. The company’s market capitalization is $1.57B, and the average intraday trading volume over the past 10 days was 1.49 million shares, and the average trade volume was 1.64 million shares over the past three months.
ACM Research Inc (ACMR) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.25. ACMR has a Sell rating from 2 analyst(s) out of 19 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 1 suggest Overweight, and 15 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 0.35.
ACM Research Inc (NASDAQ:ACMR) trade information
ACM Research Inc (ACMR) registered a -7.43% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -7.43% in intraday trading to $24.92, hitting a weekly high. The stock’s 5-day price performance is -7.26%, and it has moved by -4.52% in 30 days. Based on these gigs, the overall price performance for the year is -15.94%. The short interest in ACM Research Inc (NASDAQ:ACMR) is 3.54 million shares and it means that shorts have 1.65 day(s) to cover.
The consensus price target of analysts on Wall Street is $20, which implies a decrease of -24.6% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $17.65 and $30 respectively. As a result, ACMR is trading at a discount of -20.39% off the target high and 29.17% off the low.
ACM Research Inc (ACMR) estimates and forecasts
In the rating firms’ projections, revenue will increase 18.08% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 165.98M as predicted by 5 analyst(s). Meanwhile, a consensus of 5 analyst(s) estimates revenue growth to 221.32M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 152.19M and 202.48M respectively. In this case, analysts expect current quarter sales to grow by 9.06% and then jump by 9.30% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 36.00%. While earnings are projected to return -7.21% in 2025, the next five years will return 6.20% per annum.
ACMR Dividends
ACM Research Inc is due to release its next quarterly earnings on 2025-Feb-25. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
ACM Research Inc (NASDAQ:ACMR)’s Major holders
ACM Research Inc insiders own 15.32% of total outstanding shares while institutional holders control 69.13%, with the float percentage being 81.64%. BLACKROCK INC. is the largest shareholder of the company, while 262.0 institutions own stock in it. As of 2024-06-30, the company held over 4.07 million shares (or 6.5469% of all shares), a total value of $93.87 million in shares.
The next largest institutional holding, with 3.9 million shares, is of VANGUARD GROUP INC’s that is approximately 6.3623% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $90.04 million.
Also, the Mutual Funds coming in first place with the largest holdings of ACM Research Inc (ACMR) shares are VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and iShares Trust-iShares Russell 2000 ETF. Data provided on Dec 31, 2024 indicates that VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund owns about 1.53 shares. This amounts to just over 2.64 percent of the company’s overall shares, with a $37.9 million market value. The same data shows that the other fund manager holds slightly less at 1.31, or about 2.25% of the stock, which is worth about $32.33 million.
