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 approved a share repurchase program on Monday, January 14th 2019, which authorizes the company to repurchase $35,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to purchase up to 5.8% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company's leadership believes its stock is undervalued.

Axcelis Technologies Inc (NASDAQ:ACLS) released its quarterly earnings data on Tuesday, August, 6th. The semiconductor company reported $0.02 earnings per share for the quarter, topping the consensus estimate of ($0.03) by $0.05. The semiconductor company had revenue of $74.31 million for the quarter, compared to analysts' expectations of $75 million. Axcelis Technologies had a return on equity of 5.53% and a net margin of 6.52%. The business's revenue was down 37.7% on a year-over-year basis. During the same quarter last year, the business posted $0.43 EPS. View Axcelis Technologies' Earnings History.

Axcelis Technologies is scheduled to release their next quarterly earnings announcement on Thursday, November 7th 2019. View Earnings Estimates for Axcelis Technologies.

Axcelis Technologies updated its third quarter earnings guidance on Tuesday, August, 6th. The company provided earnings per share (EPS) guidance of ($0.05)-$0.05 for the period, compared to the Thomson Reuters consensus estimate of $0.04. The company issued revenue guidance of $65-75 million, compared to the consensus revenue estimate of $82.51 million.

4 brokers have issued twelve-month price targets for Axcelis Technologies' stock. Their forecasts range from $15.00 to $28.00. On average, they expect Axcelis Technologies' share price to reach $23.00 in the next twelve months. This suggests a possible upside of 24.9% from the stock's current price. View Analyst Price Targets for Axcelis Technologies.

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

Headlines about ACLS stock have trended somewhat positive on Sunday, according to InfoTrie Sentiment Analysis. InfoTrie ranks the sentiment of press coverage by analyzing 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 closest to five being the most favorable. Axcelis Technologies earned a news sentiment score of 0.9 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 press coverage is extremely unlikely to have an impact on the company's share price in the next few days. View News Stories for Axcelis Technologies.

Axcelis Technologies saw a increase in short interest in August. As of August 31st, there was short interest totalling 619,700 shares, an increase of 18.2% from the July 31st total of 524,500 shares. Based on an average daily trading volume, of 213,100 shares, the days-to-cover ratio is presently 2.9 days. Currently, 2.0% of the shares of the company are sold short. View Axcelis Technologies' Current Options Chain.

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

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), Applied Materials (AMAT), Bank of America (BAC), Advanced Micro Devices (AMD), Momo (MOMO), Adobe (ADBE), ABIOMED (ABMD) and Broadcom (AVGO).

Axcelis Technologies' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (15.29%), Primecap Management Co. CA (9.12%), Senvest Management LLC (7.11%), Vanguard Group Inc. (6.69%), LSV Asset Management (1.58%) and Tenzing Global Management LLC (1.39%). Company insiders that own Axcelis Technologies stock include Dennis Thomas St, Douglas A Lawson, John E Aldeborgh, John T Kurtzweil, Joseph P Keithley, Kevin J Brewer, Lynnette C Fallon and R John Fletcher. View Institutional Ownership Trends for Axcelis Technologies.

ACLS stock was sold by a variety of institutional investors in the last quarter, including LSV Asset Management, Parametric Portfolio Associates LLC, Renaissance Technologies LLC, Municipal Employees Retirement System of Michigan, JPMorgan Chase & Co., Russell Investments Group Ltd., Wells Fargo & Company MN and Bank of Montreal Can. Company insiders that have sold Axcelis Technologies company stock in the last year include Dennis Thomas St, Douglas A Lawson, John T Kurtzweil and R John Fletcher. View Insider Buying and Selling for Axcelis Technologies.

ACLS stock was purchased by a variety of institutional investors in the last quarter, including Senvest Management LLC, Nuveen Asset Management LLC, THB Asset Management, BlackRock Inc., D. E. Shaw & Co. Inc., Citadel Advisors LLC, Paradigm Capital Management Inc. NY and AQR Capital Management LLC. 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 $18.41.

Axcelis Technologies has a market capitalization of $595.20 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]