Company Performance - ACM Research, Inc. (ACMR) closed at 0.26, indicating a 39.53% decrease from the same quarter last year [2] - Revenue is forecasted to be $188.17 million, representing a 10.48% growth compared to the same quarter of the previous year [2] Analyst Estimates - Recent changes to analyst estimates for ACM Research, Inc. are important for investors, as upward revisions indicate positive sentiment regarding the company's business operations and profit generation capabilities [3] - The Zacks Rank system, which incorporates these estimate changes, provides a quantitative model for evaluating stock performance [4] Zacks Rank and Valuation - ACM Research, Inc. currently holds a Zacks Rank of 3 (Hold), with the consensus EPS estimate remaining unchanged over the last 30 days [5] - The company is trading at a Forward P/E ratio of 12.78, which aligns with the industry average, suggesting no significant deviation in valuation [6] Industry Context - The Semiconductor Equipment - Material Services industry, part of the Computer and Technology sector, has a Zacks Industry Rank of 87, placing it in the top 35% of over 250 industries [6] - The Zacks Industry Rank indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]
ACM Research, Inc. (ACMR) Sees a More Significant Dip Than Broader Market: Some Facts to Know