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

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

Axcelis Technologies announced that its Board of Directors has initiated a stock buyback plan on Monday, January 14th 2019, which permits the company to repurchase $35,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to purchase up to 5.8% of its stock through open market purchases. Stock repurchase plans are often a sign that the company's board believes its stock is undervalued.

Axcelis Technologies Inc (NASDAQ:ACLS) issued its quarterly earnings data on Thursday, October, 31st. The semiconductor company reported $0.02 earnings per share for the quarter, beating the consensus estimate of ($0.01) by $0.03. The semiconductor company had revenue of $69.45 million for the quarter, compared to analyst estimates of $70.90 million. Axcelis Technologies had a return on equity of 3.85% and a net margin of 4.63%. Axcelis Technologies's quarterly revenue was down 27.2% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.26 EPS. View Axcelis Technologies' Earnings History.

Axcelis Technologies is scheduled to release their next quarterly earnings announcement on Wednesday, February 5th 2020. View Earnings Estimates for Axcelis Technologies.

Axcelis Technologies will be holding an earnings conference call on Wednesday, February 5th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Axcelis Technologies issued an update on its fourth quarter earnings guidance on Thursday, October, 31st. The company provided earnings per share (EPS) guidance of $0.14-0.20 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.24. The company issued revenue guidance of $72-100 million, compared to the consensus revenue estimate of $97.69 million.

5 brokers have issued 12-month price targets for Axcelis Technologies' stock. Their forecasts range from $15.00 to $30.00. On average, they anticipate Axcelis Technologies' stock price to reach $25.20 in the next twelve months. This suggests a possible upside of 0.7% 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.

News stories about ACLS stock have trended positive this week, according to InfoTrie. The research group rates the sentiment of news coverage by analyzing more than six thousand news and blog sources. 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 media sentiment score of 3.0 on InfoTrie's scale. They also assigned news coverage about the semiconductor company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near term. View News Stories for Axcelis Technologies.

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), Cohu (COHU), Nanometrics (NANO), Ultra Clean (UCTT) and Photronics (PLAB).

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

Axcelis Technologies' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Assenagon Asset Management S.A. (0.04%), Louisiana State Employees Retirement System (0.03%) and Johanson Financial Advisors Inc. (0.03%). Company insiders that own Axcelis Technologies stock include Dennis Thomas St, Douglas A Lawson, John T Kurtzweil, Joseph P Keithley, Mary G Puma, R John Fletcher 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 Assenagon Asset Management S.A. and Louisiana State Employees Retirement System. Company insiders that have sold Axcelis Technologies company stock in the last year include Dennis Thomas St, Douglas A Lawson, John T Kurtzweil, Mary G Puma, R John Fletcher and William J Bintz. View Insider Buying and Selling for Axcelis Technologies.

ACLS stock was bought by a variety of institutional investors in the last quarter, including Johanson Financial Advisors Inc.. 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, Robinhood, Fidelity and Charles Schwab.

One share of ACLS stock can currently be purchased for approximately $25.03.

Axcelis Technologies has a market capitalization of $811.47 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 1,079 workers across the globe.View Additional Information About Axcelis Technologies.

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]