Q4 Earnings Estimate for ACM Research Issued By Roth Capital

ACM Research, Inc. (NASDAQ:ACMR) – Equities research analysts at Roth Capital boosted their Q4 2024 earnings per share (EPS) estimates for ACM Research in a research note issued on Tuesday, January 14th. Roth Capital analyst S. Desilva now expects that the specialty retailer will earn $0.06 per share 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.

A number of other equities analysts have also recently commented on ACMR. Needham & Company LLC cut shares of ACM Research from a “buy” rating to a “hold” rating and set a $25.00 price target for the company. in a research note on Wednesday, December 4th. Craig Hallum downgraded shares of ACM Research from a “buy” rating to a “hold” rating and dropped their price objective for the stock from $30.00 to $18.00 in a report on Thursday, December 5th. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat, ACM Research currently has a consensus rating of “Moderate Buy” and an average target price of $30.00.

ACM Research Stock Down 0.2 %

Shares of NASDAQ ACMR opened at $17.64 on Friday. The company has a current ratio of 2.37, a quick ratio of 1.34 and a debt-to-equity ratio of 0.10. The business has a 50-day moving average of $16.48 and a 200-day moving average of $18.37. The firm has a market capitalization of $1.02 billion, a price-to-earnings ratio of 13.36 and a beta of 1.48. ACM Research has a 12 month low of $13.87 and a 12 month high of $34.40.

ACM Research (NASDAQ:ACMR) last posted its quarterly earnings data on Thursday, November 7th. The specialty retailer reported $0.63 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.28 by $0.35. The company had revenue of $204.00 million during the quarter, compared to analyst estimates of $191.18 million. ACM Research had a return on equity of 9.07% and a net margin of 12.38%. The firm’s quarterly revenue was up 21.0% on a year-over-year basis. During the same quarter last year, the company earned $0.41 earnings per share.

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 stock was sold at an average price of $19.08, for a total value of $1,073,250.00. Following the completion of the sale, the insider now owns 710,506 shares of the company’s stock, valued at $13,556,454.48. This trade represents a 7.34 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Haiping Dun sold 15,000 shares of ACM Research stock in a transaction on Friday, November 22nd. The shares were sold at an average price of $19.12, for a total transaction of $286,800.00. Following the completion of the sale, the director now owns 774,148 shares in the company, valued at approximately $14,801,709.76. This trade represents a 1.90 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 127,500 shares of company stock valued at $2,366,363. Insiders own 31.24% of the company’s stock.

Institutional Investors Weigh In On ACM Research

Several institutional investors and hedge funds have recently modified their holdings of the stock. FCG Investment Co increased its position in shares of ACM Research by 11.7% during the fourth quarter. FCG Investment Co now owns 19,782 shares of the specialty retailer’s stock valued at $299,000 after buying an additional 2,066 shares during the period. Janney Montgomery Scott LLC boosted its position in ACM Research by 35.8% during the 4th quarter. Janney Montgomery Scott LLC now owns 70,655 shares of the specialty retailer’s stock valued at $1,067,000 after acquiring an additional 18,617 shares in the last quarter. SG Americas Securities LLC bought a new stake in ACM Research during the 4th quarter valued at approximately $5,782,000. Harbour Capital Advisors LLC grew its holdings in shares of ACM Research by 23.1% during the 4th quarter. Harbour Capital Advisors LLC now owns 19,325 shares of the specialty retailer’s stock worth $300,000 after acquiring an additional 3,625 shares during the period. Finally, Geode Capital Management LLC raised its position in shares of ACM Research by 2.3% in the 3rd quarter. Geode Capital Management LLC now owns 1,180,741 shares of the specialty retailer’s stock worth $23,973,000 after acquiring an additional 26,620 shares in the last quarter. 66.75% of the stock is owned by hedge funds and other institutional investors.

ACM Research Company Profile

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.