ACM Research, Inc. (ACMR) Outperforms Broader Market: What You Need to Know

Core Viewpoint - ACM Research, Inc. is experiencing a positive stock performance, with a recent closing price of $26.51, reflecting a 1.77% increase from the previous day, outperforming major indices like the S&P 500, Dow, and Nasdaq [1] Financial Performance - The upcoming earnings report for ACM Research, Inc. is projected to show earnings of $0.42 per share, representing a year-over-year decline of 23.64% [2] - Revenue is expected to be $221.04 million, indicating a 9.17% growth compared to the same quarter last year [2] - For the annual period, earnings are anticipated to be $2 per share, with revenue projected at $912.29 million, reflecting shifts of -11.5% and +16.64% respectively from the previous year [3] Analyst Estimates - Recent changes in analyst estimates for ACM Research, Inc. indicate evolving short-term business trends, with upward revisions suggesting analysts' positive outlook on the company's operations and profit generation [4] - The Zacks Rank system, which incorporates these estimate changes, currently assigns ACM Research, Inc. a rank of 4 (Sell) [6] Valuation Metrics - ACM Research, Inc. is trading at a Forward P/E ratio of 13.02, which aligns with the industry average [7] - The Semiconductor Equipment - Material Services industry, to which ACM Research belongs, ranks in the bottom 5% of all industries, with a current Zacks Industry Rank of 236 [7][8]