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NASDAQ:ACLS

Axcelis Technologies (ACLS) Stock Price, News & Analysis

$109.26
-4.32 (-3.80%)
(As of 05/23/2024 ET)
Today's Range
$108.71
$114.97
50-Day Range
$94.79
$115.19
52-Week Range
$93.77
$201.00
Volume
447,205 shs
Average Volume
631,670 shs
Market Capitalization
$3.55 billion
P/E Ratio
14.43
Dividend Yield
N/A
Price Target
$169.00

Axcelis Technologies MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.71 Rating Score
Upside/​Downside
54.7% Upside
$169.00 Price Target
Short Interest
Bearish
6.34% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.65
Upright™ Environmental Score
News Sentiment
1.29mentions of Axcelis Technologies in the last 14 days
Based on 11 Articles This Week
Insider Trading
Selling Shares
$137,304 Sold Last Quarter
Proj. Earnings Growth
24.65%
From $6.41 to $7.99 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.61 out of 5 stars

Computer And Technology Sector

60th out of 596 stocks

Special Industry Machinery, Not Elsewhere Classified Industry

2nd out of 10 stocks

ACLS stock logo

About Axcelis Technologies Stock (NASDAQ:ACLS)

Axcelis Technologies, Inc. is a leading company engaged in designing, manufacturing, and servicing ion implantation and other processing equipment used to fabricate semiconductor chips. With a global presence spanning the United States, Europe, and Asia Pacific, Axcelis Technologies offers a wide range of high energy, high current, and medium current implanters tailored to various application requirements. The company also provides aftermarket lifecycle products and services, including used tools, spare parts, equipment upgrades, maintenance services, and customer training. Axcelis Technologies primarily sells its equipment and services to semiconductor chip manufacturers through its direct sales force.

Axcelis Technologies boasts a highly accomplished and experienced management team that is crucial to the company's success. The team includes Dr. Russell J. Low, Ph.D., who serves as the Chief Executive Officer and President, and Mr. Kevin J. Brewer, the Executive Vice President and Chief Financial Officer. Together, they steer the company toward innovation, operational excellence, and customer satisfaction.

Axcelis Technologies has demonstrated strong financial performance in recent years. The company reported revenue numbers that represent a significant increase compared to the previous years. This growth indicates Axcelis Technologies' ability to capture market opportunities and meet the evolving demands of the semiconductor industry. The company's net income reflects impressive yearly increases, and Axcelis Technologies has maintained a healthy net profit margin. This highlights its efficiency in converting revenue into profits and demonstrates the effective utilization of its resources to generate shareholder value.

The company's stock price has experienced significant upward movements, reflecting investor confidence and positive market sentiment. While short-term fluctuations are common in the stock market, the overall trend for Axcelis Technologies has been favorable, driven by strong financial performance and market demand for semiconductor manufacturing equipment. Investors should carefully monitor the stock's performance and consider factors influencing its future trajectory.

Axcelis Technologies operates in the semiconductor equipment industry, which plays a critical role in supporting the growth of the global semiconductor market. Rapid technological advancements, increasing demand for high-performance chips, and a competitive landscape characterize this industry. Axcelis Technologies competes with other leading players in the industry, and its success is dependent on its ability to deliver innovative solutions, provide excellent customer service, and adapt to market trends. The company's competitive positioning stems from its expertise in ion implantation and its ability to offer a diverse portfolio of high-quality products catering to different application requirements.

The semiconductor equipment industry is driven by the continuous demand for advanced and efficient manufacturing processes to meet the growing needs of various sectors, including consumer electronics, automotive, telecommunications, and healthcare. Axcelis Technologies is well-positioned to capitalize on this demand, given its strong reputation, technological expertise, and comprehensive product offerings. The company's focus on ion implantation systems, including high energy, high current, and medium current implanters, positions it as a key player in enabling semiconductor manufacturers to achieve precise and reliable chip fabrication.

Axcelis Technologies has several growth opportunities on the horizon. The semiconductor industry constantly evolves, with emerging technologies such as 5G, artificial intelligence, and the Internet of Things driving increased demand for advanced chips. As a provider of critical equipment for chip fabrication, Axcelis Technologies stands to benefit from these industry trends. The company has the potential to leverage its expertise and expand into new markets or industries, as well as introduce innovative products to address the evolving needs of its customers.

Furthermore, strategic partnerships and collaborations can open doors to new opportunities for Axcelis Technologies. By forging alliances with semiconductor manufacturers, research institutions, and other industry players, the company can enhance its technological capabilities, gain market insights, and explore new avenues for growth. Acquisitions or mergers with complementary companies can also provide access to new technologies, expand the customer base, and strengthen the company's competitive position in the market.

While Axcelis Technologies is well-positioned in the semiconductor equipment industry, it faces certain risks and challenges. The industry is highly cyclical, and macroeconomic factors, market trends, and geopolitical events influence the demand for semiconductor equipment. Fluctuations in customer demand, changes in government regulations, and global trade tensions can impact the company's sales and profitability.

Additionally, the semiconductor industry is characterized by rapid technological advancements, requiring companies to invest in research and development to remain competitive continuously. Axcelis Technologies must stay at the forefront of innovation and ensure that its products align with customers' evolving needs. Failure to anticipate or respond to technological shifts could result in the company losing market share to competitors.

Furthermore, as Axcelis Technologies operates globally, it is exposed to risks associated with international operations, including currency exchange rate fluctuations, political instability, and changes in trade policies. The company must effectively manage these risks and establish robust risk mitigation strategies to protect its business and maintain financial stability.

ACLS Stock Price History

ACLS Stock News Headlines

1 EV Chip Stock to Buy Right Now
Axcelis: Q1 Earnings Snapshot
Axcelis Technologies Q1 Income Advances, Beats estimates
Here's what to expect from Axcelis Technologies's earnings
Axcelis Technologies, Inc. (ACLS)
See More Headlines
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Company Calendar

Last Earnings
5/01/2024
Today
5/24/2024
Next Earnings (Estimated)
8/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Special industry machinery, not elsewhere classified
Sub-Industry
Semiconductor Equipment
Current Symbol
NASDAQ:ACLS
CUSIP
05454010
Employees
1,704
Year Founded
1978

Price Target and Rating

Average Stock Price Target
$169.00
High Stock Price Target
$225.00
Low Stock Price Target
$130.00
Potential Upside/Downside
+54.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.71
Research Coverage
7 Analysts

Profitability

Net Income
$246.26 million
Pretax Margin
25.22%

Debt

Sales & Book Value

Annual Sales
$1.13 billion
Cash Flow
$7.35 per share
Book Value
$27.72 per share

Miscellaneous

Free Float
32,067,000
Market Cap
$3.55 billion
Optionable
Optionable
Beta
1.64

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ACLS Stock Analysis - Frequently Asked Questions

Should I buy or sell Axcelis Technologies stock right now?

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Axcelis Technologies in the last year. There are currently 2 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" ACLS shares.
View ACLS analyst ratings
or view top-rated stocks.

What is Axcelis Technologies' stock price target for 2024?

7 brokers have issued 12-month price targets for Axcelis Technologies' stock. Their ACLS share price targets range from $130.00 to $225.00. On average, they predict the company's stock price to reach $169.00 in the next twelve months. This suggests a possible upside of 54.7% from the stock's current price.
View analysts price targets for ACLS
or view top-rated stocks among Wall Street analysts.

How have ACLS shares performed in 2024?

Axcelis Technologies' stock was trading at $129.69 at the beginning of 2024. Since then, ACLS shares have decreased by 15.8% and is now trading at $109.26.
View the best growth stocks for 2024 here
.

When is Axcelis Technologies' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 7th 2024.
View our ACLS earnings forecast
.

How were Axcelis Technologies' earnings last quarter?

Axcelis Technologies, Inc. (NASDAQ:ACLS) issued its quarterly earnings results on Wednesday, May, 1st. The semiconductor company reported $1.57 earnings per share for the quarter, topping the consensus estimate of $1.26 by $0.31. The semiconductor company earned $252.37 million during the quarter, compared to the consensus estimate of $242.55 million. Axcelis Technologies had a net margin of 22.16% and a trailing twelve-month return on equity of 30.22%.

What guidance has Axcelis Technologies issued on next quarter's earnings?

Axcelis Technologies issued an update on its second quarter 2024 earnings guidance on Wednesday, May, 1st. The company provided EPS guidance of 1.300-1.300 for the period, compared to the consensus estimate of 1.490. The company issued revenue guidance of $245.0 million-$245.0 million, compared to the consensus revenue estimate of $261.5 million.

What is Mary G. Puma's approval rating as Axcelis Technologies' CEO?

45 employees have rated Axcelis Technologies Chief Executive Officer Mary G. Puma on Glassdoor.com. Mary G. Puma has an approval rating of 38% among the company's employees. This puts Mary G. Puma in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Axcelis Technologies own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Axcelis Technologies investors own include NVIDIA (NVDA), Micron Technology (MU), Advanced Micro Devices (AMD), Applied Materials (AMAT), Alibaba Group (BABA), Bank of America (BAC), AbbVie (ABBV), Adobe (ADBE), AT&T (T) and Netflix (NFLX).

Who are Axcelis Technologies' major shareholders?

Axcelis Technologies' stock is owned by a variety of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (13.23%), Jackson Square Partners LLC (1.51%), Price T Rowe Associates Inc. MD (1.42%), BNP PARIBAS ASSET MANAGEMENT Holding S.A. (1.30%), Reinhart Partners LLC. (1.04%) and Principal Financial Group Inc. (0.60%). Insiders that own company stock include Dennis Thomas St, Douglas A Lawson, Douglas A Lawson, Greg Redinbo, Jeanne Quirk, John T Kurtzweil, Jorge Titinger, Joseph P Keithley, Joseph P Keithley, Kevin J Brewer, Lynnette C Fallon, Mary G Puma, Russell Low, Tzu Yin Chiu and William J Bintz.
View institutional ownership trends
.

How do I buy shares of Axcelis Technologies?

Shares of ACLS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:ACLS) was last updated on 5/24/2024 by MarketBeat.com Staff

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