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ACM RESEARCH INC-CLASS A (NASDAQ:ACMR) is a candidate for growth investors. Here's why.

By Mill Chart

Last update: Apr 22, 2024

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.

What matters for canslim investors.

  • ACM RESEARCH INC-CLASS A has demonstrated consistent growth in its earnings per share (EPS) from one quarter to another (Q2Q), with a 126.0% increase. This indicates improving financial performance and the company's effective management of its operations.
  • ACM RESEARCH INC-CLASS A has demonstrated strong q2q revenue growth of 56.98%, suggesting a favorable trend in the company's financials and indicating the potential for continued expansion.
  • 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.
  • In terms of Return on Equity(ROE), ACM RESEARCH INC-CLASS A is performing well, achieving a 10.07% ratio. This highlights the company's effective allocation of shareholder investments and signifies its commitment to maximizing returns.
  • ACM RESEARCH INC-CLASS A has achieved an impressive Relative Strength (RS) rating of 97.32, 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.
  • ACM RESEARCH INC-CLASS A maintains a healthy Debt-to-Equity ratio of 0.11. 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 52.61%. This signifies a diverse investor base, which can contribute to a more stable and efficient market for the stock.

Insights from Technical Analysis

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

We assign a technical rating of 8 out of 10 to ACMR. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.

  • 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. 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 97% of them.
  • The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
  • ACMR is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ACMR is lagging the market slightly.

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

Fundamental Analysis Observations

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

Overall ACMR gets a fundamental rating of 5 out of 10. We evaluated ACMR against 107 industry peers in the Semiconductors & Semiconductor Equipment industry. There are concerns on the financial health of ACMR while its profitability can be described as average. ACMR is growing strongly while it is still valued neutral. This is a good combination!

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

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

Keep in mind

This article should in no way be interpreted as advice in any way. 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.

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ACM RESEARCH INC-CLASS A

NASDAQ:ACMR (4/29/2024, 11:44:01 AM)

26.905

-0.13 (-0.5%)

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