ACM Research (ACMR) is scheduled to report second-quarter 2024 results on Aug 7.For the second quarter, the Zacks Consensus Estimate for revenues is pegged at $164.79 million, indicating growth of 13.9% from the year-ago quarter’s reported value.The Zacks Consensus Estimate for earnings is pegged at 30 cents per share, suggesting a fall of 37.5% from the year-ago reported figure. The figure has been unchanged over the past 30 days. Image Source: Zacks Investment Research ACMR has an impressive earnings surp ...

Small-capitalization companies represent high-risk endeavors. At the same time, they generally carry higher reward potential. Basically, it comes down to a mathematical concept. Because both the price and expectations for such diminutive enterprises are deflated, when they generate positive momentum, the reaction could be quite intense. That’s why speculators continue to pour money into small-cap stocks.That said, prospective participants should be aware of the dangers of this ecosystem. While even a modest ...

FREMONT, Calif., July 29, 2024 (GLOBE NEWSWIRE) -- ACM Research, Inc. (ACM) (NASDAQ: ACMR), a leading supplier of wafer processing solutions for semiconductor and advanced wafer-level packaging applications, today announced the Ultra C vac-p flux cleaning tool for fan-out panel-level packaging (FOPLP). Utilizing vacuum technology, the new tool efficiently removes flux residues from chiplet structures. ACM also announced today it received a purchase order from a major China semiconductor manufacturer which h ...

ACM Research (ACMR) shares have gained 57.4% in the past year, outperforming the broader Zacks Computer & Technology sector, the industry and the S&P 500 index’s increases of 31.5%, 33.7% and 20.3%.The company is riding on its strong positioning in the semiconductor fabrication space on the back of its robust cleaning and front-end processing tools, and differentiated technology. Its tools are ideal for fabricating foundry, logic and memory chips, including DRAM and 3D NAND-flash chips.ACM Research’s growin ...

In tech investments, semiconductor stocks remain a cornerstone of growth and innovation. As the market delves into July 2024, identifying the top performers in this sector becomes crucial to having stable returns and strategic growth opportunities. Ongoing tech advancements like AI and the related pulse of global economic trends magnify semiconductor stocks’ valuation. The first company stands out with its aggressive node completion strategy and groundbreaking product releases, reinforcing its market domina ...

FREMONT, Calif., July 17, 2024 (GLOBE NEWSWIRE) -- ACM Research, Inc. (“ACM”) (NASDAQ:ACMR) announced today that it will release its financial results for the second quarter of 2024 before the U.S. market open on Wednesday, August 7, 2024. ACM will conduct a corresponding conference call at 8:00 a.m. U.S. Eastern Time (8:00 p.m. China Time) to discuss the results. What:ACM Second Quarter (ended June 30, 2024) Earnings CallWhen:8:00 a.m. U.S. Eastern Time on Wednesday, August 7, 2024Webcast:ir.acmrcsh.com/ev ...

Software and tech stocks, especially those in the sizzling AI and social media fields, have been the stars of the show. However, these high-flyers are just a sliver of the oversold tech stocks trading on the market today.There’s a treasure trove of oversold tech stocks still waiting to be discovered. These hidden gems could be primed for a major comeback as interest rate cuts kick in and the economy shifts into a new cycle. Sure, betting on recovery plays is always a bit of a gamble. That said, the potentia ...

Core Viewpoint - ACM Research, Inc. (ACMR) has shown a positive stock performance recently, outperforming the broader market and its industry, raising questions about its future direction [1] Earnings Estimates - For the current quarter, ACM Research is expected to report earnings of $0.30 per share, reflecting a decrease of 37.5% year-over-year [3] - The consensus earnings estimate for the current fiscal year is $1.60, indicating a slight decline of 1.8% from the previous year [3] - For the next fiscal year, the earnings estimate is $1.75, showing an increase of 9.4% compared to the prior year [3] Revenue Growth - The consensus sales estimate for the current quarter is $164.79 million, representing a year-over-year increase of 14% [5] - The sales estimates for the current and next fiscal years are $707.51 million and $893.22 million, indicating growth rates of 26.9% and 26.3%, respectively [5] Recent Performance - In the last reported quarter, ACM Research achieved revenues of $152.19 million, a significant year-over-year increase of 104.9% [6] - The company reported an EPS of $0.52, compared to $0.15 a year ago, and exceeded consensus revenue and EPS estimates in the last four quarters [6] Valuation Metrics - ACM Research's valuation is assessed through various multiples, including price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), to determine if the stock is fairly valued [7] - The Zacks Value Style Score grades ACM Research as a C, indicating it is trading at par with its peers [9]

Investing in small-cap growth stocks can be an exhilarating experience. These companies, typically with a market capitalization under $2 billion, often represent disruptive innovators or niche players in high-growth industries. Identifying these hidden gems before they become household names is key to turning a modest investment into a fortune. This potential for explosive growth undoubtedly comes at a higher risk, as these companies may be unprofitable or be up against significant competition. However, for ...

Company Performance - ACM Research, Inc. (ACMR) closed at $22.63, reflecting a -0.4% change from the previous day, underperforming the S&P 500's daily loss of 0.31% [1] - Over the past month, ACMR shares gained 0.71%, lagging behind the Computer and Technology sector's gain of 6.41% and the S&P 500's gain of 2.73% [1] - The upcoming earnings disclosure is anticipated, with a forecasted EPS of $0.30, indicating a 37.5% decrease from the same quarter last year, and a revenue estimate of $164.79 million, up 13.98% year-over-year [1] Fiscal Year Estimates - For the entire fiscal year, Zacks Consensus Estimates predict earnings of $1.60 per share and revenue of $707.51 million, reflecting changes of -1.84% and +26.86% respectively from the previous year [2] - Recent adjustments to analyst estimates for ACMR indicate the dynamic nature of near-term business trends, with positive revisions suggesting optimism about the company's outlook [2] Zacks Rank and Valuation - ACMR currently holds a Zacks Rank of 5 (Strong Sell), with no changes in the Zacks Consensus EPS estimate over the past month [3] - The company is trading at a Forward P/E ratio of 14.2, which aligns with the industry's average Forward P/E of 14.2 [3] - The Semiconductor Equipment - Material Services industry, part of the Computer and Technology sector, has a Zacks Industry Rank of 249, placing it in the bottom 2% of over 250 industries [3]