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Exploring NASDAQ:ACMR's growth characteristics.

By Mill Chart

Last update: Apr 1, 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.

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

  • In the most recent financial report, ACM RESEARCH INC-CLASS A reported a 126.0% increase in quarterly earnings compared to the previous quarter. This notable growth indicates positive momentum in the company's financials, suggesting an upward trend
  • ACM RESEARCH INC-CLASS A has achieved significant quarter-to-quarter (Q2Q) revenue growth of 56.98%, signaling its ability to capture market opportunities and drive top-line expansion. This growth underscores the company's effective execution and its potential for continued success.
  • The EPS of ACM RESEARCH INC-CLASS A has shown consistent growth over a 3-year period, indicating the company's ability to generate increasing earnings over time.
  • ACM RESEARCH INC-CLASS A exhibits a strong Return on Equity (ROE) of 10.07%, indicating the company's ability to generate solid returns on shareholder investments. This metric reflects the company's efficient utilization of equity capital and its profitability.
  • ACM RESEARCH INC-CLASS A has exhibited strong Relative Strength(RS) in recent periods, with a current 97.39 rating. This indicates the stock's ability to outperform the broader market and reflects its competitive position. ACM RESEARCH INC-CLASS A shows promising potential for continued price momentum.
  • Maintaining a Debt-to-Equity ratio of 0.11, 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 53.08%, 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.

Analyzing the Technical Aspects

Every day ChartMill assigns a Technical Rating to every stock. The score ranges from 0 to 10 and is determined by evaluating multiple technical indicators and properties.

Taking everything into account, ACMR scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, ACMR has proven to be a steady performer, scoring decent points in every aspect analyzed.

  • Both the short term and long term trends are positive. This is a very positive sign.
  • When comparing the yearly performance of all stocks, we notice that ACMR is one of the better performing stocks in the market, outperforming 97% of all stocks. We also observe that the gains produced by ACMR over the past year are nicely spread over this period.
  • ACMR is one of the better performing stocks in the Semiconductors & Semiconductor Equipment industry, it outperforms 98% of 107 stocks in the same industry.
  • ACMR is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ACMR is lagging the market slightly.
  • In the last month ACMR has a been trading in the 24.07 - 34.40 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 is the full fundamental picture of NASDAQ:ACMR telling us.

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

Taking everything into account, ACMR scores 5 out of 10 in our fundamental rating. ACMR was compared to 107 industry peers in the Semiconductors & Semiconductor Equipment industry. ACMR has a medium profitability rating, but doesn't score so well on its financial health evaluation. ACMR is not priced too expensively while it is growing strongly. Keep and eye on this one!

Check the latest full fundamental report of ACMR for a complete fundamental analysis.

More growth stocks can be found in our CANSLIM screen.

Disclaimer

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 (4/29/2024, 3:07:55 PM)

After market: 26.78 +0.05 (+0.19%)

26.73

-0.31 (-1.15%)

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