ACM Research (ACMR) to Release Quarterly Earnings on Thursday

ACM Research (NASDAQ:ACMR - Get Free Report) will likely be posting its Q1 2025 quarterly 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

Shares of NASDAQ:ACMR traded down $0.29 during midday trading on Tuesday, hitting $19.42. The company had a trading volume of 276,078 shares, compared to its average volume of 1,482,489. The business's 50-day simple moving average is $23.20 and its 200-day simple moving average is $20.16. The stock has a market cap of $1.14 billion, a price-to-earnings ratio of 14.72 and a beta of 1.57. The company has a debt-to-equity ratio of 0.10, a current ratio of 2.37 and a quick ratio of 1.34. ACM Research has a twelve month low of $13.87 and a twelve month high of $30.64.

Insider Buying and Selling at ACM Research

In other ACM Research news, Director Haiping Dun sold 9,518 shares of the business's stock in a transaction that occurred on Friday, March 14th. The stock was sold at an average price of $29.00, for a total value of $276,022.00. Following the sale, the director now 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Chenming Hu sold 163,308 shares of the company's stock in a transaction on Monday, March 17th. The stock was sold at an average price of $30.00, for a total value of $4,899,240.00. Following the transaction, the director now owns 100,002 shares in the company, valued at $3,000,060. This trade represents a 62.02 % 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 valued at $8,213,329 over the last 90 days. 31.24% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on ACMR. JPMorgan Chase & Co. began coverage on shares of ACM Research in a research report on Friday, February 28th. They set an "overweight" rating and a $36.00 price target on the stock. Needham & Company LLC reissued a "hold" rating on shares of ACM Research in a research note on Thursday, February 27th. Finally, Craig Hallum raised shares of ACM Research from a "hold" rating to a "buy" rating in a research report on Wednesday, February 26th. One research analyst has rated the stock with a hold rating and four have given a buy rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $29.40.

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.