Brokers Offer Predictions for ACLS Q2 Earnings

Axcelis Technologies, Inc. (NASDAQ:ACLS - Free Report) - Equities research analysts at DA Davidson issued their Q2 2025 earnings per share estimates for Axcelis Technologies in a report issued on Wednesday, May 7th. DA Davidson analyst T. Diffely expects that the semiconductor company will post earnings per share of $0.73 for the quarter. The consensus estimate for Axcelis Technologies' current full-year earnings is $2.55 per share.

Axcelis Technologies (NASDAQ:ACLS - Get Free Report) last issued its earnings results on Tuesday, May 6th. The semiconductor company reported $1.04 earnings per share for the quarter, topping the consensus estimate of $0.39 by $0.65. Axcelis Technologies had a return on equity of 21.02% and a net margin of 19.75%. The business had revenue of $192.56 million during the quarter, compared to analysts' expectations of $184.86 million. During the same period in the prior year, the business earned $1.57 EPS. The business's revenue for the quarter was down 23.7% compared to the same quarter last year.

Several other brokerages have also commented on ACLS. William Blair lowered Axcelis Technologies from an "outperform" rating to a "market perform" rating in a report on Wednesday, February 12th. Craig Hallum decreased their price target on Axcelis Technologies from $115.00 to $105.00 and set a "buy" rating for the company in a report on Wednesday, January 15th. B. Riley restated a "neutral" rating and issued a $50.00 price target (down previously from $80.00) on shares of Axcelis Technologies in a research note on Monday, April 21st. Finally, Needham & Company LLC restated a "hold" rating on shares of Axcelis Technologies in a research report on Wednesday, February 12th. Five equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $131.00.

Axcelis Technologies Stock Down 2.1 %

Axcelis Technologies stock traded down $1.22 during mid-day trading on Thursday, reaching $57.64. 552,727 shares of the company were exchanged, compared to its average volume of 647,574. The company has a debt-to-equity ratio of 0.04, a quick ratio of 4.05 and a current ratio of 5.41. The firm has a market cap of $1.85 billion, a P/E ratio of 9.37, a PEG ratio of 4.52 and a beta of 1.52. Axcelis Technologies has a 12-month low of $40.40 and a 12-month high of $158.61. The business has a fifty day moving average of $51.61 and a 200 day moving average of $65.10.

Axcelis Technologies announced that its Board of Directors has initiated a share repurchase program on Wednesday, March 12th that allows the company to buyback $100.00 million in shares. This buyback authorization allows the semiconductor company to purchase up to 5.2% of its shares through open market purchases. Shares buyback programs are generally a sign that the company's management believes its shares are undervalued.

Institutional Investors Weigh In On Axcelis Technologies

A number of hedge funds have recently modified their holdings of the company. Bank of Montreal Can grew its stake in shares of Axcelis Technologies by 3.9% in the 4th quarter. Bank of Montreal Can now owns 4,540 shares of the semiconductor company's stock valued at $317,000 after buying an additional 170 shares during the period. Signaturefd LLC increased its stake in Axcelis Technologies by 90.6% during the fourth quarter. Signaturefd LLC now owns 364 shares of the semiconductor company's stock worth $25,000 after acquiring an additional 173 shares during the last quarter. Perkins Coie Trust Co raised its position in Axcelis Technologies by 9.2% in the first quarter. Perkins Coie Trust Co now owns 2,675 shares of the semiconductor company's stock valued at $133,000 after purchasing an additional 225 shares during the period. Eagle Bay Advisors LLC lifted its stake in shares of Axcelis Technologies by 3.8% in the 1st quarter. Eagle Bay Advisors LLC now owns 7,585 shares of the semiconductor company's stock valued at $377,000 after purchasing an additional 275 shares during the last quarter. Finally, Blue Trust Inc. lifted its stake in shares of Axcelis Technologies by 85.5% in the 4th quarter. Blue Trust Inc. now owns 627 shares of the semiconductor company's stock valued at $44,000 after purchasing an additional 289 shares during the last quarter. Hedge funds and other institutional investors own 89.98% of the company's stock.

Axcelis Technologies Company Profile

Axcelis Technologies, Inc designs, manufactures, and services ion implantation and other processing equipment used in the fabrication of semiconductor chips in the United States, Europe, and Asia Pacific. The company offers high energy, high current, and medium current implanters for various application requirements.