Why ACM Research, Inc. (ACMR) Dipped More Than Broader Market Today

Company Performance - ACM Research, Inc. (ACMR) closed at $28.21, reflecting a -1.4% shift from the previous trading day's closing, lagging behind the S&P 500's 1.2% loss [1] - Over the past month, shares of ACMR have appreciated by 5.53%, outperforming the Computer and Technology sector's loss of 0.51% and the S&P 500's loss of 0.85% [1] - The upcoming earnings disclosure is projected to show an EPS of $0.36, indicating a 140% increase compared to the same quarter of the previous year, with revenue expected at $142.67 million, up 92.12% from the prior-year quarter [1] Analyst Estimates - For the entire fiscal year, Zacks Consensus Estimates project earnings of $1.62 per share and revenue of $698.97 million, representing changes of -0.61% and +25.33% from the prior year, respectively [2] - Recent changes to analyst estimates for ACMR indicate a positive outlook on the company's business operations and profit generation capabilities [2] - Upward revisions in estimates are linked to stock price performance, suggesting that investors can capitalize on these changes using the Zacks Rank [2] Valuation and Industry Ranking - ACMR holds a Zacks Rank of 1 (Strong Buy), with the Forward P/E ratio at 17.66, showing no noticeable deviation from the industry average [3] - The Semiconductor Equipment - Material Services industry, part of the Computer and Technology sector, ranks in the top 1% of all industries according to the Zacks Industry Rank [3]