Is NASDAQ:ACMR suited for growth investing?

In this article we will dive into ACM RESEARCH INC-CLASS A (NASDAQ:ACMR) as a possible candidate for growth investing. Investors should always do their own research, but we noticed ACM RESEARCH INC-CLASS A showing up in our CANSLIM growth screen, which makes it worth to investigate a bit more.

Looking into the canslim metrics of ACM RESEARCH INC-CLASS A

• 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.
• ACM RESEARCH INC-CLASS A has achieved 63.93% growth in EPS over the past 3 years, reflecting a sustained improvement in earnings performance.
• With a solid Return on Equity (ROE) of 11.0%, ACM RESEARCH INC-CLASS A exemplifies its ability to generate favorable returns on shareholder investments. This metric demonstrates the company's commitment to maximizing shareholder value.
• ACM RESEARCH INC-CLASS A has achieved an impressive Relative Strength (RS) rating of 94.64, showcasing its ability to outperform the broader market. This strong performance positions ACM RESEARCH INC-CLASS A as an attractive stock for potential price appreciation.
• With a current Debt-to-Equity ratio at 0.14, ACM RESEARCH INC-CLASS A showcases its disciplined capital structure. The company's prudent management of debt obligations contributes to its financial stability and long-term sustainability.
• With 51.19% of the total shares held by institutional investors, ACM RESEARCH INC-CLASS A showcases a healthy distribution of ownership. This suggests a mix of institutional and retail investors, fostering a dynamic market for the stock.

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

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 9 out of 10 to ACMR. In the last year, ACMR was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.

• Both the short term and long term trends are positive. This is a very positive sign.
• Looking at the yearly performance, ACMR did better than 94% of all other stocks. On top of that, ACMR also shows a nice and consistent pattern of rising prices.
• ACMR is part of the Semiconductors & Semiconductor Equipment industry. There are 107 other stocks in this industry. ACMR outperforms 80% of them.
• In the last month ACMR has a been trading in the 21.33 - 25.73 range, which is quite wide. It is currently trading near the high of this range.
• 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.
• Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.

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

Zooming in on the fundamentals.

ChartMill assigns a proprietary Fundamental Rating to each stock. The score is computed daily by evaluating various fundamental indicators and properties. The score ranges from 0 to 10.

ACMR gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 107 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 not priced too expensively while it is growing strongly. 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

This article should in no way be interpreted as advice. The article is based on the observed metrics at the time of writing, but you should always make your own analysis and trade or invest at your own responsibility.