With 2.23 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.52 million shares. During the session, the Semiconductor Equipment & Materials company that operates in wider Technology sector, reached to the highest price of $16.45 whereas the lowest price it dropped to was $15.41. The 52-week range on ACMR shows that it touched its highest point at $34.40 and its lowest point at $13.87 during that stretch. It currently has a 1-year price target of $28.00. Beta for the stock currently stands at 1.45.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of ACMR was up-trending over the past week, with a rise of 2.30%, but this was down by -22.23% over a month. Three-month performance surged to 0.95% while six-month performance fell -31.16%. The stock lost -0.62% in the past year, while it has lost -18.01% so far this year. A look at the trailing 12-month EPS for ACMR yields 1.33 with Next year EPS estimates of 1.88. For the next quarter, that number is 0.35. This implies an EPS growth rate of 11.13% for this year and 3.86% for next year. EPS is expected to grow by 20.00% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 56.93%.
Float and Shares Shorts:
At present, 57.52 million ACMR shares are outstanding with a float of 48.69 million shares on hand for trading. On 2024-11-15, short shares totaled 3.99 million, which was 637.0000000000001 higher than short shares on 1728950400. In addition to Dr. Hui Wang Ph.D. as the firm’s Founder, Chairman, CEO & President, Mr. Mark A. McKechnie serves as its CFO, Executive VP, Secretary & Treasurer.
Institutional Ownership:
Through their ownership of 0.60523 of ACMR’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, ACMR reported revenue of $203976000.0 and operating income of $44184000.0. The EBITDA in the recently reported quarter was $45692000.0 and diluted EPS was $0.45.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for ACMR since 19 analysts follow the stock currently. There are 15 analysts who recommend BUY ratings, while 2 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 1 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With ACMR analysts setting a high price target of 38.0 and a low target of 18.0, the average target price over the next 12 months is 29.0. Based on these targets, ACMR could surge 137.2% to reach the target high and rise by 12.36% to reach the target low. Reaching the average price target will result in a growth of 81.02% from current levels.
Analysts have provided yearly estimates in a range of $1.98688 being high and $1.71642 being low. For ACMR, this leads to a yearly average estimate of $1.81143.
