NASDAQ:ACLSAxcelis Technologies Stock Price, Forecast & News

Axcelis Technologies' stock was trading at $21.16 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, ACLS shares have increased by 26.2% and is now trading at $26.71. View which stocks have been most impacted by Coronavirus.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Axcelis Technologies in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Axcelis Technologies.

Axcelis Technologies is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Axcelis Technologies.

Axcelis Technologies Inc (NASDAQ:ACLS) posted its quarterly earnings results on Tuesday, May, 5th. The semiconductor company reported $0.33 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.30 by $0.03. The semiconductor company had revenue of $118.99 million for the quarter, compared to the consensus estimate of $94.58 million. Axcelis Technologies had a net margin of 5.99% and a return on equity of 5.35%. The company's revenue for the quarter was up 30.1% on a year-over-year basis. During the same period in the prior year, the company posted $0.18 earnings per share. View Axcelis Technologies' earnings history.

Axcelis Technologies declared that its board has initiated a stock buyback plan on Monday, January 14th 2019, which authorizes the company to buyback $35,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to buy up to 5.8% of its shares through open market purchases. Shares buyback plans are generally an indication that the company's management believes its shares are undervalued.

Axcelis Technologies issued an update on its first quarter earnings guidance on Tuesday, April, 14th. The company provided earnings per share guidance of ~$0.30 for the period, compared to the Thomson Reuters consensus estimate of $0.21. The company issued revenue guidance of ~$118 million, compared to the consensus revenue estimate of $94.58 million.

5 brokerages have issued twelve-month price targets for Axcelis Technologies' stock. Their forecasts range from $15.00 to $32.00. On average, they expect Axcelis Technologies' stock price to reach $25.20 in the next year. This suggests that the stock has a possible downside of 5.7%. View analysts' price targets for Axcelis Technologies.

Media stories about ACLS stock have trended neutral on Tuesday, InfoTrie Sentiment reports. InfoTrie identifies negative and positive news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Axcelis Technologies earned a news impact score of 0.2 on InfoTrie's scale. They also assigned media stories about the semiconductor company a news buzz of 1.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View the latest news aboutAxcelis Technologies.

Axcelis Technologies saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 1,080,000 shares, an increase of 6.9% from the April 30th total of 1,010,000 shares. Based on an average trading volume of 357,400 shares, the short-interest ratio is presently 3.0 days. Currently, 3.4% of the company's shares are sold short. View Axcelis Technologies' Current Options Chain.

Some companies that are related to Axcelis Technologies include Applied Materials (AMAT), Lam Research (LRCX), KLA (KLAC), Teradyne (TER), Entegris (ENTG), MKS Instruments (MKSI), Cabot Microelectronics (CCMP), Brooks Automation (BRKS), Amkor Technology (AMKR), Advanced Energy Industries (AEIS), FormFactor (FORM), Nanometrics (ONTO), Ultra Clean (UCTT), Photronics (PLAB) and Xperi (XPER). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Axcelis Technologies investors own include NVIDIA (NVDA), Alibaba Group (BABA), Micron Technology (MU), Applied Materials (AMAT), Bank of America (BAC), Advanced Micro Devices (AMD), Adobe (ADBE), Momo (MOMO), Ciena (CIEN) and Intelsat (I).

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

Axcelis Technologies' stock is owned by a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (14.93%), Primecap Management Co. CA (8.45%), Wellington Management Group LLP (7.26%), Senvest Management LLC (6.63%), Russell Investments Group Ltd. (3.29%) and State Street Corp (3.04%). Company insiders that own Axcelis Technologies stock include Dennis Thomas St, Douglas A Lawson, John E Aldeborgh, John T Kurtzweil, Kevin J Brewer, Lynnette C Fallon, Mary G Puma, R John Fletcher, Russell Low 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 Senvest Management LLC, BlackRock Inc., Primecap Management Co. CA, Rice Hall James & Associates LLC, AQR Capital Management LLC, Morgan Stanley, Two Sigma Advisers LP, and EAM Global Investors LLC. Company insiders that have sold Axcelis Technologies company stock in the last year include John E Aldeborgh, John T Kurtzweil, Kevin J Brewer, Lynnette C Fallon, Mary G Puma, R John Fletcher, Russell Low, and William J Bintz. View insider buying and selling activity for Axcelis Technologies.

ACLS stock was purchased by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Wellington Management Group LLP, Mackay Shields LLC, Nuveen Asset Management LLC, State Street Corp, Deutsche Bank AG, State Board of Administration of Florida Retirement System, and Geode Capital Management LLC. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

One share of ACLS stock can currently be purchased for approximately $26.71.

Axcelis Technologies has a market capitalization of $878.09 million and generates $342.96 million in revenue each year. The semiconductor company earns $17.03 million in net income (profit) each year or $0.50 on an earnings per share basis. Axcelis Technologies employs 1,009 workers across the globe.

The official website for Axcelis Technologies is 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]