Group 1: Brokerage Recommendations - ACM Research, Inc. (ACMR) has an average brokerage recommendation (ABR) of 1.17, indicating a consensus between Strong Buy and Buy [1] - Out of six recommendations, five are Strong Buy (83.3%) and one is Buy (16.7%) [1] - Despite the positive ABR, studies suggest limited success of brokerage recommendations in guiding investors towards stocks with the best price increase potential [2][5] Group 2: Zacks Rank vs. ABR - Zacks Rank is a proprietary stock rating tool that categorizes stocks from 1 (Strong Buy) to 5 (Strong Sell) based on earnings estimate revisions, while ABR is based solely on brokerage recommendations [4] - The Zacks Rank is timely and reflects changes in earnings estimates quickly, unlike the ABR which may not be up-to-date [6] - The Zacks Rank for ACMR is 3 (Hold), indicating a cautious outlook despite the Buy-equivalent ABR [7] Group 3: Earnings Estimates - The Zacks Consensus Estimate for ACMR's current year earnings remains unchanged at $1.62 over the past month [7] - Steady views on earnings prospects suggest that ACMR may perform in line with the broader market in the near term [7]
Is It Worth Investing in ACM Research (ACMR) Based on Wall Street's Bullish Views?