ACM Research(ACMR)

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3 Small-Cap Stocks Set to Make Early Investors Filthy Rich
Investor Place· 2024-07-12 10:24
Investing in small-cap growth stocks can be an exhilarating experience. These companies, typically with a market capitalization under $2 billion, often represent disruptive innovators or niche players in high-growth industries. Identifying these hidden gems before they become household names is key to turning a modest investment into a fortune. This potential for explosive growth undoubtedly comes at a higher risk, as these companies may be unprofitable or be up against significant competition. However, for ...
ACM Research, Inc. (ACMR) Suffers a Larger Drop Than the General Market: Key Insights
ZACKS· 2024-06-24 22:50
Company Performance - ACM Research, Inc. (ACMR) closed at $22.63, reflecting a -0.4% change from the previous day, underperforming the S&P 500's daily loss of 0.31% [1] - Over the past month, ACMR shares gained 0.71%, lagging behind the Computer and Technology sector's gain of 6.41% and the S&P 500's gain of 2.73% [1] - The upcoming earnings disclosure is anticipated, with a forecasted EPS of $0.30, indicating a 37.5% decrease from the same quarter last year, and a revenue estimate of $164.79 million, up 13.98% year-over-year [1] Fiscal Year Estimates - For the entire fiscal year, Zacks Consensus Estimates predict earnings of $1.60 per share and revenue of $707.51 million, reflecting changes of -1.84% and +26.86% respectively from the previous year [2] - Recent adjustments to analyst estimates for ACMR indicate the dynamic nature of near-term business trends, with positive revisions suggesting optimism about the company's outlook [2] Zacks Rank and Valuation - ACMR currently holds a Zacks Rank of 5 (Strong Sell), with no changes in the Zacks Consensus EPS estimate over the past month [3] - The company is trading at a Forward P/E ratio of 14.2, which aligns with the industry's average Forward P/E of 14.2 [3] - The Semiconductor Equipment - Material Services industry, part of the Computer and Technology sector, has a Zacks Industry Rank of 249, placing it in the bottom 2% of over 250 industries [3]
Top 3 Growth Stocks to Buy and Hold Until 2028
Investor Place· 2024-06-22 11:00
Uncovering growth stocks to buy and hold is essential for long-term financial success in the fast-paced investing world. Shares in companies predicted to develop faster than other businesses are known as growth stocks. These companies appeal for substantial long-term returns since they frequently have good foundations, creative business concepts, and strong financial performance. Here, the best three growth stocks to keep till 2028 are examined, along with fundamentals and advantageous market positioning.In ...
3 Tech Stocks to Buy Now: June 2024
Investor Place· 2024-06-20 20:54
Core Viewpoint - The information technology sector has seen a year-to-date increase of 30%, with potential for further gains driven by leading tech stocks, particularly in the context of an ongoing AI revolution [1][2]. Group 1: Microsoft (MSFT) - Microsoft is highlighted as a top tech stock to buy due to its leadership in AI, bolstered by a partnership with OpenAI and significant investments in AI infrastructure [4][15]. - The integration of AI into its applications, such as GitHub and Microsoft 365, has led to improved productivity and revenue acceleration, with GitHub Copilot seeing a 35% quarter-over-quarter growth in subscribers [5]. - Over 65% of Fortune 500 companies are utilizing Microsoft's Azure OpenAI Service, indicating strong market penetration and demand for its AI offerings [14]. Group 2: AppLovin (APP) - AppLovin is positioned as a key player in the mobile application monetization space, benefiting from AI advancements that enhance its advertising targeting capabilities [7][16]. - The company reported a 16% revenue growth in fiscal year 2023, with a remarkable 47% year-over-year revenue increase in Q1 2024, driven by its AI-powered advertising recommendation engine [8][18]. - AppLovin's software revenues surged from $355 million to $678 million in Q1 2024, showcasing significant operating leverage and potential for stock appreciation as digital advertising expands [17]. Group 3: ACM Research (ACMR) - ACM Research is recognized as a strong investment opportunity due to its role in chip manufacturing, particularly as China aims for semiconductor self-sufficiency [10][20]. - The company experienced a 43% revenue growth in 2023, with analysts projecting a continued growth rate of 26% for 2024 [18]. - ACM Shanghai, a subsidiary, is valued significantly higher than ACM Research, presenting potential value unlocking opportunities for shareholders [11].
3 Under-the-Radar, Undervalued Tech Plays for Savvy Investors
Investor Place· 2024-06-19 20:11
Core Insights - The article highlights the potential of undervalued tech stocks that are not in the mainstream spotlight but offer significant growth opportunities as interest rates stabilize and investor appetite returns [1][2]. Group 1: Undervalued Tech Stocks - The focus is on tech companies that are undervalued and may provide unique value propositions due to their technological innovations and strategic market positions [1]. - These companies are positioned for appreciation and diversification away from well-known tech giants, making them attractive in a recovering market [2]. Group 2: Himax Technologies (HIMX) - Himax Technologies is known for its display driver ICs and timing controllers, experiencing a 21% revenue decline in 2023, yet maintains a strong balance sheet with $261 million in cash and $453 million in short-term borrowings [3][4]. - The company holds a 40% share in the automotive display market, which contributes nearly half of its sales, particularly benefiting from the growth in electric vehicles and advanced automotive displays [4]. - Himax's stock trades at a forward P/E of 15.8x, significantly lower than the sector median of 29.6x, indicating potential for recovery and growth [4]. Group 3: ACM Research (ACMR) - ACM Research specializes in semiconductor equipment, particularly in single-wafer wet cleaning technologies, and reported a 105% year-over-year revenue increase in Q1 2024 [5][6]. - The company benefits from the growing semiconductor market in Mainland China, supported by government initiatives to enhance local production capabilities [5]. - ACMR's valuation appears attractive with a P/E ratio lower than the industry average, presenting a compelling investment opportunity [6]. Group 4: Jabil (JBL) - Jabil is a leading provider of manufacturing services across various sectors, reporting revenues of $34.7 billion in fiscal year 2023, up from $29.29 billion in 2021, driven by growth in healthcare and automotive electronics [7][8]. - The company's diversified business model and involvement in innovative technology solutions give it a competitive edge in the tech ecosystem [8]. - Jabil's stock trades at a forward P/E of 10.5x, significantly lower than the sector median of 29.6x, indicating it may be undervalued compared to peers [9].
Is Most-Watched Stock ACM Research, Inc. (ACMR) Worth Betting on Now?
ZACKS· 2024-06-19 14:05
Core Viewpoint - ACM Research, Inc. (ACMR) has been a highly searched stock recently, with its performance influenced by both market trends and fundamental factors [1] Earnings Estimates - The expected earnings for ACM Research for the current quarter is $0.30 per share, reflecting a year-over-year decline of -37.5% [2] - The consensus earnings estimate for the current fiscal year is $1.60, indicating a change of -1.8% from the previous year, while the next fiscal year's estimate is $1.75, showing a growth of +9.4% [3] Revenue Growth - The consensus sales estimate for the current quarter is $164.79 million, representing a year-over-year increase of +14% [6] - For the current fiscal year, the sales estimate is $707.51 million, indicating a growth of +26.9%, and for the next fiscal year, it is $893.22 million, reflecting a +26.3% change [6] Recent Performance - 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 [7] - The company has consistently beaten consensus EPS and revenue estimates over the past four quarters [7] Valuation - ACM Research is currently rated D in the Zacks Value Style Score, indicating it is trading at a premium compared to its peers [10] - Valuation multiples such as 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 overvalued or undervalued [8][9]
3 Overlooked Tech Stock Bargains Ready to Take Off
Investor Place· 2024-06-14 00:36
Looking for undervalued stocks is not easy, especially in the tech industry. There are hundreds of companies to choose from and many things to consider. Still, finding overlooked tech stocks might be worth the hassle, as companies in the sector often experience explosive growth. But how do you pick the winners without combing through every tech stock? It’s not always about hype and prospects; their fundamentals and previous financials should also reflect their potential. Plus, having a look at what analysts ...
3 Powerful Stocks Packed With Tremendous Upside Potential
Investor Place· 2024-06-10 18:52
As the Federal Reserve maintains its benchmark interest rate, investors’ focus sharpens on stocks with upside potential.With limited room for movement in any direction, the stable rate sets the stage for a significant announcement later this week. It will reveal the Federal Reserve’s outlook for possible rate cuts later this year. This moment provides an excellent chance for investors to strategically set up their portfolios to capitalize on companies expected to thrive during these times.Meanwhile, the U.S ...
Navigating the Tech Stock Jungle: 3 Picks for Massive Returns
Investor Place· 2024-06-07 18:08
If you’re trying to hone in on which tech stocks to buy this month, you’ve come to the right place. The technology sector continues to carry the stock market higher. In just six months, Nvidia (NASDAQ:NVDA) tripled its market valuation to $3 trillion and replaced Apple (NASDAQ:AAPL) as the second most valuable stock (it recently slipped back to third place).Yet other tech stocks are performing just as good or better than the chipmaker. Software company Dave (NASDAQ:DAVE) has quadrupled in value this year, r ...
The 3 Most Undervalued Semiconductor Stocks to Buy in June 2024
Investor Place· 2024-06-07 10:45
The advent of generative artificial intelligence (AI) took the world by storm in 2023. Semiconductor companies have been ever busy since then. There is a plethora of complex components — hardware and software — that go into making the silicon chips that power large language models (LLMs). Nvidia (NASDAQ:NVDA) is arguably the largest beneficiary of the AI craze. Over the past 12 months, the acclaimed GPU maker’s share price has nearly quadrupled in value, making it one of the most lucrative semiconductor tra ...