ACM Research, Inc. (ACMR) Stock Falls Amid Market Uptick: What Investors Need to Know

Stock Performance - ACM Research Inc closed at $15 50, down 0 45% from the previous session, underperforming the S&P 500 which gained 1 26%, the Dow which gained 0 8%, and the Nasdaq which added 1 77% [1] - Over the past month, ACM Research Inc shares appreciated by 10 43%, outperforming the Computer and Technology sector's gain of 0 84% and the S&P 500's loss of 2 82% [1] Earnings and Revenue Projections - The company's upcoming EPS is projected at$ 0 21, a 51 16% drop compared to the same quarter of the previous year [2] - Revenue is anticipated to be $178 97 million, a 5 08% increase from the same quarter last year [2] Analyst Estimates and Revisions - Recent revisions to analyst estimates reflect the latest near-term business trends, with positive revisions indicating optimism about the company's business and profitability [3] - Estimate revisions are directly correlated with near-term share price momentum [4] Zacks Rank and Industry Position - ACM Research Inc currently holds a Zacks Rank of 3 (Hold) [5] - The Zacks Rank system has a track record of outperformance, with 1 ranked stocks yielding an average annual return of +25% since 1988 [5] - The company is trading at a Forward P/E ratio of 8 65, in line with the industry average [6] - The Semiconductor Equipment - Material Services industry, part of the Computer and Technology sector, has a Zacks Industry Rank of 87, placing it in the top 35% of all industries [6] Industry Performance - The top 50% rated industries outperform the bottom half by a factor of 2 to 1, as measured by the Zacks Industry Rank [7]