NASDAQ:ACLSAxcelis Technologies Stock Price, Forecast & News

Axcelis Technologies' stock was trading at $21.16 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, ACLS stock has increased by 30.3% and is now trading at $27.58. View which stocks have been most impacted by Coronavirus.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Axcelis Technologies in the last year. There are currently 3 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) announced its quarterly earnings data on Tuesday, May, 5th. The semiconductor company reported $0.33 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.30 by $0.03. The semiconductor company had revenue of $118.99 million for the quarter, compared to analysts' expectations of $94.58 million. Axcelis Technologies had a return on equity of 5.35% and a net margin of 5.99%. The company's quarterly revenue was up 30.1% on a year-over-year basis. During the same period in the prior year, the firm posted $0.18 earnings per share. View Axcelis Technologies' earnings history.

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

6 brokerages have issued 1 year target prices for Axcelis Technologies' stock. Their forecasts range from $15.00 to $32.00. On average, they anticipate Axcelis Technologies' stock price to reach $26.00 in the next twelve months. This suggests that the stock has a possible downside of 5.7%. View analysts' price targets for Axcelis Technologies.

Media headlines about ACLS stock have trended somewhat positive recently, InfoTrie Sentiment reports. The research firm identifies positive and negative press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Axcelis Technologies earned a daily sentiment score of 1.9 on InfoTrie's scale. They also assigned media headlines about the semiconductor company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the stock's share price in the next several days. View the latest news about 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), 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 shareholders include Symphony Financial Ltd. Co. (0.07%), Louisiana State Employees Retirement System (0.03%) and Everence Capital Management Inc. (0.02%). 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 bought by a variety of institutional investors in the last quarter, including Symphony Financial Ltd. Co., Louisiana State Employees Retirement System, and Everence Capital Management Inc.. 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 $27.58.

Axcelis Technologies has a market capitalization of $906.83 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]