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Investors Heavily Search ACM Research, Inc. (ACMR): Here is What You Need to Know
ACM ResearchACM Research(US:ACMR) Zacks Investment Researchยท2024-05-14 14:05

Core Viewpoint - ACM Research, Inc. (ACMR) has experienced a significant decline in stock performance recently, with shares returning -18.4% over the past month, contrasting with the S&P 500's +2% and the semiconductor equipment industry's -16.9% [1] Earnings Estimates Revisions - The expected earnings for ACM Research for the current quarter is $0.37 per share, reflecting a year-over-year decrease of -22.9%, with a 10% downward revision in the Zacks Consensus Estimate over the last 30 days [2] - The consensus earnings estimate for the current fiscal year stands at $1.62, indicating a slight year-over-year decline of -0.6%, while the next fiscal year's estimate of $2.25 shows a significant increase of +38.9% [3] Revenue Growth Forecast - The consensus sales estimate for the current quarter is $164.08 million, representing a year-over-year increase of +13.5%, with future estimates of $698.4 million and $884.31 million for the current and next fiscal years, indicating growth rates of +25.2% and +26.6%, respectively [5] Last Reported Results and Surprise History - In the last reported quarter, ACM Research achieved revenues of $152.19 million, a year-over-year increase of +104.9%, and an EPS of $0.52 compared to $0.15 a year ago [6] - The company exceeded the Zacks Consensus Estimate for revenues by +0.79% and for EPS by +67.74%, consistently beating consensus estimates in the past four quarters [6] Valuation - ACM Research's valuation metrics, including price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), are essential for assessing whether the stock is fairly valued compared to its historical values and peers [7] - The Zacks Value Style Score for ACM Research is graded C, indicating that it is trading at par with its peers [9]