ACM Research, Inc. (ACMR) Stock Drops Despite Market Gains: Important Facts to Note

Company Performance - ACM Research, Inc. (ACMR) closed at $18.42, reflecting a -1.44% change from the previous trading day's closing, underperforming compared to the S&P 500 which gained 0.53% [1] - The stock has increased by 21.52% over the past month, outperforming the Computer and Technology sector's gain of 3.02% and the S&P 500's gain of 2.69% [1] Upcoming Earnings - The company is expected to report an EPS of$ 0.26, indicating a 39.53% decrease from the same quarter last year [2] - Revenue is forecasted to be $188.17 million, representing a 10.48% increase from the prior-year quarter [2] Analyst Estimates - Recent changes to analyst estimates for ACM Research, Inc. reflect shifting short-term business dynamics, with positive revisions indicating optimism about the company's outlook [3] Valuation Metrics - ACM Research, Inc. is currently trading at a Forward P/E ratio of 10.38, which is in line with the industry average [6] - The Semiconductor Equipment - Material Services industry, part of the Computer and Technology sector, holds a Zacks Industry Rank of 91, placing it in the top 37% of over 250 industries [6]