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. Since then, ACLS shares have increased by 33.9% and is now trading at $28.33. 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) issued its quarterly earnings results 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 firm's quarterly revenue was up 30.1% on a year-over-year basis. During the same period in the previous year, the firm earned $0.18 EPS. View Axcelis Technologies' earnings history.

Axcelis Technologies declared that its Board of Directors has authorized a stock buyback program on Monday, January 14th 2019, which permits the company to buyback $35,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to purchase up to 5.8% of its stock through open market purchases. Stock buyback programs are generally a sign that the company's leadership believes its shares are undervalued.

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

6 equities research analysts have issued twelve-month price targets for Axcelis Technologies' shares. Their forecasts range from $15.00 to $32.00. On average, they anticipate Axcelis Technologies' share price to reach $26.00 in the next year. This suggests that the stock has a possible downside of 8.2%. View analysts' price targets for Axcelis Technologies.

News articles about ACLS stock have been trending neutral this week, InfoTrie Sentiment reports. The research group identifies negative and positive press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Axcelis Technologies earned a media sentiment score of 0.2 on InfoTrie's scale. They also gave headlines about the semiconductor company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the immediate future. 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 institutional and retail investors. Top institutional shareholders include Symphony Financial Ltd. Co. (0.07%) 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 acquired by a variety of institutional investors in the last quarter, including Symphony Financial Ltd. Co., 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 $28.33.

Axcelis Technologies has a market capitalization of $931.49 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]