NASDAQ:ACLS - Axcelis Technologies Stock Price, News, & Analysis

Axcelis Technologies trades on the NASDAQ under the ticker symbol "ACLS."

Axcelis Technologies announced that its Board of Directors has authorized a share repurchase program on Monday, January 14th 2019, which allows the company to buyback $35,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to repurchase up to 5.8% of its shares through open market purchases. Shares buyback programs are often an indication that the company's management believes its shares are undervalued.

Axcelis Technologies Inc (NASDAQ:ACLS) issued its quarterly earnings data on Wednesday, February, 6th. The semiconductor company reported $0.25 earnings per share for the quarter, topping the consensus estimate of $0.20 by $0.05. The semiconductor company earned $105.68 million during the quarter, compared to analyst estimates of $99.83 million. Axcelis Technologies had a return on equity of 11.39% and a net margin of 10.37%. The company's revenue was down 9.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.47 EPS. View Axcelis Technologies' Earnings History.

Axcelis Technologies is scheduled to release their next quarterly earnings announcement on Wednesday, May 1st 2019. View Earnings Estimates for Axcelis Technologies.

Axcelis Technologies issued an update on its first quarter earnings guidance on Wednesday, February, 6th. The company provided earnings per share (EPS) guidance of $0.10-0.13 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.21. The company issued revenue guidance of $90-95 million, compared to the consensus revenue estimate of $99.29 million.Axcelis Technologies also updated its Q1 2019 guidance to $0.10-0.13 EPS.

5 analysts have issued 1-year target prices for Axcelis Technologies' stock. Their predictions range from $26.50 to $28.00. On average, they expect Axcelis Technologies' share price to reach $27.3750 in the next twelve months. This suggests a possible upside of 22.0% from the stock's current price. View Analyst Price Targets for Axcelis Technologies.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Axcelis Technologies in the last year. There are currently 1 hold rating and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Axcelis Technologies.

Media stories about ACLS stock have been trending negative on Sunday, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Axcelis Technologies earned a coverage optimism score of -2.8 on InfoTrie's scale. They also assigned news stories about the semiconductor company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the stock's share price in the near future.

Some companies that are related to Axcelis Technologies include ASM International (ASMIY), Brooks Automation (BRKS), Bodycote (BYPLF), Milacron (MCRN), Veeco Instruments (VECO), Energy Recovery (ERII), Manitex International (MNTX), ACM Research (ACMR), Intevac (IVAC), Amtech Systems (ASYS), CVD Equipment (CVV), Greystone Logistics (GLGI), Magnegas Applied Tchnlgy Sltns (MNGA) and Enviro Technologies (EVTN).

Axcelis Technologies' stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (14.77%), Dimensional Fund Advisors LP (7.05%), Royce & Associates LP (2.60%), Peregrine Capital Management LLC (2.58%), LSV Asset Management (2.57%) and Tenzing Global Management LLC (1.39%). Company insiders that own Axcelis Technologies stock include Douglas A Lawson, John E Aldeborgh, John T Kurtzweil, Joseph P Keithley, Kevin J Brewer, Lynnette C Fallon, Mary G Puma and William J Bintz. View Institutional Ownership Trends for Axcelis Technologies.

ACLS stock was sold by a variety of institutional investors in the last quarter, including Two Sigma Investments LP, Raymond James & Associates, Two Sigma Advisers LP, Virginia Retirement Systems ET AL, Barclays PLC, Principal Financial Group Inc., Nuveen Asset Management LLC and Bank of Montreal Can. Company insiders that have sold Axcelis Technologies company stock in the last year include Douglas A Lawson, John T Kurtzweil and Joseph P Keithley. View Insider Buying and Selling for Axcelis Technologies.

ACLS stock was acquired by a variety of institutional investors in the last quarter, including Royce & Associates LP, LSV Asset Management, Dimensional Fund Advisors LP, BlackRock Inc., Municipal Employees Retirement System of Michigan, Tenzing Global Management LLC, Geode Capital Management LLC and Rhumbline Advisers. View Insider Buying and Selling for Axcelis Technologies.

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

One share of ACLS stock can currently be purchased for approximately $22.44.

Axcelis Technologies has a market capitalization of $727.33 million and generates $442.58 million in revenue each year. The semiconductor company earns $45.88 million in net income (profit) each year or $1.31 on an earnings per share basis. Axcelis Technologies employs 985 workers across the globe.

The official website for Axcelis Technologies is http://www.axcelis.com.

Axcelis Technologies' mailing address is 108 CHERRY HILL DRIVE, BEVERLY MA, 01915. The semiconductor company can be reached via phone at 978-787-4000 or via email at [email protected]