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Is NASDAQ:ACMR suited for growth investing?

By Mill Chart

Last update: Jun 4, 2024

Groth investors are looking for stocks showing high revenue and EPS growth. We will have a look here to see if ACM RESEARCH INC-CLASS A (NASDAQ:ACMR) is suited for growth investing. Investors should of course do their own research, but we spotted ACM RESEARCH INC-CLASS A showing up in our CANSLIM growth screen, so it may be worth spending some more time on it.


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Why NASDAQ:ACMR may be interesting for canslim investors.

  • The quarterly earnings of ACM RESEARCH INC-CLASS A have shown a 247.0% increase compared to the previous quarter, as revealed in the recent financial report. This growth signifies positive momentum in the company's financials, pointing towards a promising upward trend
  • ACM RESEARCH INC-CLASS A has demonstrated strong q2q revenue growth of 105.0%, suggesting a favorable trend in the company's financials and indicating the potential for continued expansion.
  • Over the past 3 years, ACM RESEARCH INC-CLASS A has demonstrated 63.93% growth in EPS, signifying its positive financial trajectory and potential for future profitability.
  • The Return on Equity(ROE) of ACM RESEARCH INC-CLASS A is 11.0%, which is a strong number. This indicates the company's ability to generate favorable returns for shareholders and reflects its effective management of resources.
  • ACM RESEARCH INC-CLASS A has maintained a healthy Relative Strength (RS) over the analyzed period, with a current 92.29 rating. This demonstrates the stock's ability to outperform its peers and indicates its competitive positioning. ACM RESEARCH INC-CLASS A is well-positioned for potential price growth opportunities.
  • Maintaining a Debt-to-Equity ratio of 0.14, ACM RESEARCH INC-CLASS A demonstrates a conservative financial approach. This signifies the company's focus on minimizing debt burdens while preserving a solid equity position.
  • With institutional shareholders at 51.35%, ACM RESEARCH INC-CLASS A demonstrates a healthy ownership distribution. This reflects a mix of institutional and individual investors, creating a market environment that may foster increased trading activity and price discovery.

Zooming in on the technicals.

ChartMill employs a sophisticated system to assign a Technical Rating to every stock in its analysis. This rating, which ranges from 0 to 10, is determined by carefully assessing multiple technical indicators and properties.

We assign a technical rating of 3 out of 10 to ACMR. Although ACMR is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.

  • When comparing the yearly performance of all stocks, we notice that ACMR is one of the better performing stocks in the market, outperforming 92% of all stocks.
  • ACMR is part of the Semiconductors & Semiconductor Equipment industry. There are 108 other stocks in this industry. ACMR outperforms 85% of them.
  • ACMR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ACMR is lagging the market.

For an up to date full technical analysis you can check the technical report of ACMR

Fundamental analysis of NASDAQ:ACMR

ChartMill assigns a Fundamental Rating to every stock. This score, ranging from 0 to 10, is updated daily and is determined by evaluating multiple fundamental indicators and properties.

Taking everything into account, ACMR scores 5 out of 10 in our fundamental rating. ACMR was compared to 108 industry peers in the Semiconductors & Semiconductor Equipment industry. While ACMR is still in line with the averages on profitability rating, there are concerns on its financial health. ACMR is showing excellent growth while it is valued at reasonable prices. Keep and eye on this one!

Our latest full fundamental report of ACMR contains the most current fundamental analsysis.

More growth stocks can be found in our CANSLIM screen.

Keep in mind

Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.

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ACM RESEARCH INC-CLASS A

NASDAQ:ACMR (12/19/2024, 8:15:55 PM)

Premarket: 15.06 -0.15 (-0.99%)

15.21

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