ACM Research (NASDAQ:ACMR – Get Free Report) will likely be announcing its Q1 2025 earnings results before the market opens on Thursday, May 8th. Analysts expect the company to announce earnings of $0.37 per share and revenue of $165.99 million for the quarter.
ACM Research Price Performance
ACMR stock opened at $19.58 on Wednesday. ACM Research has a 52-week low of $13.87 and a 52-week high of $30.64. 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 capitalization of $1.15 billion, a P/E ratio of 14.83 and a beta of 1.57. The company has a fifty day moving average price of $23.07 and a 200-day moving average price of $20.16.
Analyst Ratings Changes
ACMR has been the topic of a number of research analyst reports. Needham & Company LLC reiterated a “hold” rating on shares of ACM Research in a research note on Thursday, February 27th. Craig Hallum upgraded ACM Research from a “hold” rating to a “buy” rating in a research report on Wednesday, February 26th. Finally, JPMorgan Chase & Co. assumed coverage on shares of ACM Research in a report on Friday, February 28th. They set an “overweight” rating and a $36.00 target price on the stock. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $29.40.
Insider Activity
In related news, insider Sotheara Cheav sold 22,598 shares of the company’s stock in a transaction on Thursday, February 6th. The stock was sold at an average price of $23.00, for a total transaction of $519,754.00. Following the completion of the sale, the insider now directly owns 100,002 shares in the company, valued at $2,300,046. This represents a 18.43 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, Director Haiping Dun sold 9,518 shares of the stock in a transaction that occurred on Friday, March 14th. The shares were sold at an average price of $29.00, for a total transaction of $276,022.00. Following the completion of the transaction, the director now directly owns 755,090 shares of the company’s stock, valued at $21,897,610. The trade was a 1.24 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 289,174 shares of company stock worth $8,213,329 in the last three months. Company insiders own 31.24% 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.
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