Here's Why ACM Research, Inc. (ACMR) Fell More Than Broader Market

Company Performance - ACM Research, Inc. (ACMR) closed at $17.76, reflecting a -0.73% change from the previous day's closing price, underperforming the S&P 500's daily loss of 0.21% [1] - The company's shares have increased by 18.01% over the last month, outperforming the Computer and Technology sector's loss of 2.15% and the S&P 500's loss of 1.56% [1] Upcoming Earnings - The upcoming earnings disclosure is anticipated to show an EPS of$ 0.21, representing a 51.16% decline compared to the same quarter of the previous year [2] - Revenue is expected to be $178.97 million, indicating a 5.08% increase compared to the same quarter of the previous year [2] Analyst Estimates - Recent changes to analyst estimates for ACM Research, Inc. indicate a positive outlook, reflecting analyst optimism about the company's business and profitability [3] - The Zacks Rank system, which assesses these estimate changes, currently ranks ACM Research, Inc. at 3 (Hold) [5] Valuation Metrics - ACM Research, Inc. is currently trading at a Forward P/E ratio of 9.94, which aligns with the average Forward P/E of 9.94 for its industry [6] - The Semiconductor Equipment - Material Services industry, part of the Computer and Technology sector, holds a Zacks Industry Rank of 86, placing it in the top 35% of over 250 industries [6]