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Why the growth investor may take a look at NASDAQ:ACMR.

By Mill Chart

Last update: Jun 25, 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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Some of the canslim metrics of NASDAQ:ACMR highlighted

  • The recent financial report of ACM RESEARCH INC-CLASS A demonstrates a 247.0% increase in quarterly earnings compared to the previous quarter. This growth indicates positive momentum in the company's financials and suggests a promising upward trend
  • With consistent quarter-to-quarter (Q2Q) revenue growth of 105.0%, ACM RESEARCH INC-CLASS A exemplifies its ability to generate increased sales and revenue streams. This growth signifies the company's strong business performance and its potential for continued growth.
  • 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.
  • In terms of Return on Equity(ROE), ACM RESEARCH INC-CLASS A is performing well, achieving a 11.0% ratio. This highlights the company's effective allocation of shareholder investments and signifies its commitment to maximizing returns.
  • The Relative Strength (RS) of ACM RESEARCH INC-CLASS A has been consistently solid, with a current 91.21 rating. This highlights the stock's ability to exhibit sustained price strength and signifies its competitive advantage. ACM RESEARCH INC-CLASS A exhibits strong prospects for further price appreciation.
  • ACM RESEARCH INC-CLASS A maintains a healthy Debt-to-Equity ratio of 0.14. This indicates the company's conservative capital structure and signifies its ability to effectively manage debt obligations while maintaining a strong equity position.
  • ACM RESEARCH INC-CLASS A exhibits a favorable ownership structure, with an institutional shareholder ownership of 51.37%. This signifies a diverse investor base, which can contribute to a more stable and efficient market for the stock.

What is the technical picture of NASDAQ:ACMR telling us.

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

Overall ACMR gets a technical rating of 4 out of 10. 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.

  • ACMR is part of the Semiconductors & Semiconductor Equipment industry. There are 108 other stocks in this industry. ACMR outperforms 76% of them.
  • The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
  • When comparing the yearly performance of all stocks, we notice that ACMR is one of the better performing stocks in the market, outperforming 91% of all stocks. However, ACMR's most recent performance is quite weak.
  • 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.
  • In the last month ACMR has a been trading in the 20.30 - 26.85 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

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

What else is there to say on the fundamentals of NASDAQ:ACMR?

Every day, ChartMill assigns a Fundamental Rating to each stock, providing a score ranging from 0 to 10. This rating is determined by evaluating various fundamental indicators and properties.

ACMR gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 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 growing strongly while it is still valued neutral. This is a good combination!

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

More ideas for growth investing can be found on ChartMill in our CANSLIM screen.

Keep in mind

This is not investing advice! The article highlights some of the observations at the time of writing, but you should always make your own analysis and invest based on your own insights.

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ACM RESEARCH INC-CLASS A

NASDAQ:ACMR (6/25/2024, 7:00:01 PM)

Premarket: 22.65 +0.8 (+3.66%)

21.85

-0.78 (-3.45%)

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