Q4 Earnings Estimate for ACM Research Issued By Roth Capital

ACM Research, Inc. (NASDAQ:ACMR - Free Report) - Equities researchers at Roth Capital lifted their Q4 2024 earnings per share estimates for shares of ACM Research in a research note issued to investors on Tuesday, January 14th. Roth Capital analyst S. Desilva now anticipates that the specialty retailer will post earnings per share of $0.06 for the quarter, up from their previous estimate of $0.01. The consensus estimate for ACM Research's current full-year earnings is $1.12 per share. Roth Capital also issued estimates for ACM Research's Q1 2025 earnings at ($0.04) EPS, Q2 2025 earnings at $0.14 EPS, Q3 2025 earnings at $0.37 EPS and Q4 2025 earnings at $0.51 EPS.

Several other equities research analysts have also issued reports on ACMR. Needham & Company LLC lowered shares of ACM Research from a "buy" rating to a "hold" rating and set a $25.00 price objective for the company. in a research report on Wednesday, December 4th. Craig Hallum cut shares of ACM Research from a "buy" rating to a "hold" rating and decreased their price target for the stock from $30.00 to $18.00 in a research report on Thursday, December 5th. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, ACM Research currently has a consensus rating of "Moderate Buy" and an average target price of $30.00.

ACM Research Trading Down 0.2 %

ACMR traded down $0.04 on Friday, reaching $17.64. 675,624 shares of the company's stock were exchanged, compared to its average volume of 1,239,429. ACM Research has a twelve month low of $13.87 and a twelve month high of $34.40. The company's 50 day moving average is $16.48 and its 200-day moving average is $18.37. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.34 and a current ratio of 2.37. The company has a market cap of $1.02 billion, a price-to-earnings ratio of 13.36 and a beta of 1.48.

ACM Research (NASDAQ:ACMR - Get Free Report) last released its quarterly earnings data on Thursday, November 7th. The specialty retailer reported $0.63 EPS for the quarter, topping analysts' consensus estimates of $0.28 by $0.35. The company had revenue of $204.00 million for the quarter, compared to the consensus estimate of $191.18 million. ACM Research had a return on equity of 9.07% and a net margin of 12.38%. The company's quarterly revenue was up 21.0% compared to the same quarter last year. During the same period last year, the business posted $0.41 EPS.

Insider Activity

In related news, insider David H. Wang sold 56,250 shares of the firm's stock in a transaction on Friday, November 22nd. The shares were sold at an average price of $19.08, for a total transaction of $1,073,250.00. Following the completion of the sale, the insider now directly owns 710,506 shares of the company's stock, valued at approximately $13,556,454.48. This trade represents a 7.34 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Haiping Dun sold 15,000 shares of the business's stock in a transaction on Friday, November 22nd. The stock was sold at an average price of $19.12, for a total transaction of $286,800.00. Following the completion of the transaction, the director now owns 774,148 shares in the company, valued at $14,801,709.76. This represents a 1.90 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 127,500 shares of company stock worth $2,366,363 over the last 90 days. Company insiders own 31.24% of the company's stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of ACMR. Cim LLC increased its holdings in ACM Research by 8.6% during the 2nd quarter. Cim LLC now owns 16,788 shares of the specialty retailer's stock worth $387,000 after purchasing an additional 1,326 shares during the last quarter. Sei Investments Co. increased its stake in shares of ACM Research by 6.7% in the second quarter. Sei Investments Co. now owns 21,736 shares of the specialty retailer's stock worth $501,000 after buying an additional 1,358 shares during the last quarter. The Manufacturers Life Insurance Company raised its holdings in ACM Research by 7.6% in the second quarter. The Manufacturers Life Insurance Company now owns 19,454 shares of the specialty retailer's stock valued at $449,000 after acquiring an additional 1,382 shares in the last quarter. Erste Asset Management GmbH bought a new position in ACM Research during the 3rd quarter valued at $37,000. Finally, Commonwealth Equity Services LLC grew its holdings in ACM Research by 15.6% during the 2nd quarter. Commonwealth Equity Services LLC now owns 14,628 shares of the specialty retailer's stock worth $337,000 after acquiring an additional 1,970 shares in the last quarter. Hedge funds and other institutional investors own 66.75% of the company's stock.

About ACM Research

ACM Research, Inc, together with its subsidiaries, develops, manufactures, and sells single-wafer wet cleaning equipment for enhancing the manufacturing process and yield for integrated chips worldwide. It offers space alternated phase shift technology for flat and patterned wafer surfaces, which employs alternating phases of megasonic waves to deliver megasonic energy in a uniform manner on a microscopic level; timely energized bubble oscillation technology for patterned wafer surfaces at advanced process nodes, which provides cleaning for 2D and 3D patterned wafers; Tahoe technology for delivering cleaning performance using less sulfuric acid and hydrogen peroxide; and electro-chemical plating technology for advanced metal plating.