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Here is What to Know Beyond Why ACM Research, Inc. (ACMR) is a Trending Stock
ACMRACM Research(ACMR) ZACKS·2024-07-15 14:01

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 0.30pershare,reflectingadecreaseof37.50.30 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,showinganincreaseof9.41.75, 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 707.51millionand707.51 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 152.19million,asignificantyearoveryearincreaseof104.9152.19 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]