ACM Research (NASDAQ:ACMR) is scheduled to issue its quarterly earnings data after the market closes on Thursday, May 6th. Analysts expect the company to announce earnings of $0.08 per share for the quarter. ACM Research has set its FY 2021
After-Hours guidance at EPS.Parties that are interested in registering for the company’s conference call can do so using this link.
ACM Research (NASDAQ:ACMR) last posted its earnings results on Thursday, February 25th. The specialty retailer reported $0.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.22 by $0.07. ACM Research had a return on equity of 16.48% and a net margin of 10.46%. The company had revenue of $45.56 million for the quarter, compared to analyst estimates of $42.90 million. On average, analysts expect ACM Research to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.
ACMR opened at $77.97 on Tuesday. The business’s 50-day moving average is $84.88 and its two-hundred day moving average is $88.04. ACM Research has a 1 year low of $34.57 and a 1 year high of $144.81. The firm has a market capitalization of $1.35 billion, a PE ratio of 116.37 and a beta of 0.89.
ACMR has been the topic of several analyst reports. Zacks Investment Research lowered ACM Research from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, March 3rd. Benchmark restated a “hold” rating on shares of ACM Research in a research note on Wednesday, January 6th. Finally, TheStreet lowered ACM Research from a “b-” rating to a “c” rating in a research note on Monday, March 29th. Three equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average target price of $106.00.
ACM Research Company Profile
ACM Research, Inc, together with its subsidiaries, develops, manufactures, and sells single-wafer wet cleaning equipment for enhancing the manufacturing process and yield for integrated chips worldwide. It offers space alternated phase shift technology for flat and patterned wafer surfaces, which employs alternating phases of megasonic waves to deliver megasonic energy in a uniform manner on a microscopic level; timely energized bubble oscillation technology for patterned wafer surfaces at advanced process nodes, which provides cleaning for 2D and 3D patterned wafers with fine feature sizes; Tahoe technology for delivering cleaning performance using less sulfuric acid and hydrogen peroxide; and electro-chemical plating technology for advanced metal plating.
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