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Is NASDAQ:ACMR a Fit for Growth Investing Strategies?

By Mill Chart

Last update: May 13, 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.

Some of the canslim metrics of NASDAQ:ACMR highlighted

  • The earnings per share (EPS) of ACM RESEARCH INC-CLASS A have shown positive growth on a quarter-to-quarter (Q2Q) basis, with a 126.0% increase. This reflects the company's ability to improve its profitability over time.
  • The q2q revenue growth of 56.98% of ACM RESEARCH INC-CLASS A highlights the company's ability to generate incremental revenue and suggests positive market demand for its products or services.
  • ACM RESEARCH INC-CLASS A has achieved 63.93% growth in EPS over the past 3 years, reflecting a sustained improvement in earnings performance.
  • 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 97.33, 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 exhibits a favorable Debt-to-Equity ratio at 0.11. This highlights the company's ability to limit excessive debt levels and maintain a strong equity base, demonstrating its financial stability and risk management practices.
  • With institutional shareholders at 49.41%, 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

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.

Taking everything into account, ACMR scores 4 out of 10 in our technical rating. 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.

  • Looking at the yearly performance, ACMR did better than 97% of all other 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 96% of 107 stocks in the same industry.
  • The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
  • 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.

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

Fundamental analysis of NASDAQ:ACMR

As part of its analysis, ChartMill provides a comprehensive Fundamental Rating for each stock. This rating, ranging from 0 to 10, is updated on a daily basis and is based on the evaluation of various fundamental indicators and properties.

We assign a fundamental rating of 5 out of 10 to ACMR. ACMR was compared to 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.