Axcelis Technologies - ACLS Stock Forecast, Price & News

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Axcelis Technologies in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" ACLS shares.
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3 Wall Street analysts have issued twelve-month price targets for Axcelis Technologies' stock. Their ACLS share price forecasts range from $77.00 to $95.00. On average, they anticipate the company's share price to reach $84.75 in the next twelve months. This suggests a possible upside of 3.4% from the stock's current price.
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Axcelis Technologies' stock was trading at $74.56 at the beginning of the year. Since then, ACLS shares have increased by 9.9% and is now trading at $81.93.
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Axcelis Technologies saw a decrease in short interest in November. As of November 15th, there was short interest totaling 1,130,000 shares, a decrease of 10.3% from the October 31st total of 1,260,000 shares. Based on an average daily trading volume, of 444,800 shares, the short-interest ratio is currently 2.5 days. Currently, 3.5% of the shares of the company are sold short.
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The company is scheduled to release its next quarterly earnings announcement on Monday, February 6th 2023.
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Axcelis Technologies, Inc. (NASDAQ:ACLS) issued its quarterly earnings data on Thursday, November, 3rd. The semiconductor company reported $1.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.13 by $0.08. The semiconductor company had revenue of $229.20 million for the quarter, compared to the consensus estimate of $224.38 million. Axcelis Technologies had a trailing twelve-month return on equity of 28.15% and a net margin of 18.83%. Axcelis Technologies's revenue was up 29.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.81 earnings per share.

Axcelis Technologies updated its fourth quarter 2022 earnings guidance on Wednesday, November, 9th. The company provided earnings per share guidance of $1.00-$1.10 for the period, compared to the consensus earnings per share estimate of $1.02. The company issued revenue guidance of $232.00 million-$240.00 million, compared to the consensus revenue estimate of $227.54 million.

45 employees have rated Axcelis Technologies Chief Executive Officer Mary G. Puma on Glassdoor.com. Mary G. Puma has an approval rating of 38% among the company's employees. This puts Mary G. Puma in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Axcelis Technologies investors own include NVIDIA (NVDA), Micron Technology (MU), Advanced Micro Devices (AMD), Applied Materials (AMAT), Alibaba Group (BABA), Bank of America (BAC), AbbVie (ABBV), Adobe (ADBE), AT&T (T) and Netflix (NFLX).

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

Axcelis Technologies' stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (15.70%), Vanguard Group Inc. (9.00%), Primecap Management Co. CA (5.02%), Senvest Management LLC (4.60%), Dimensional Fund Advisors LP (4.27%) and State Street Corp (3.45%). Insiders that own company stock include Arthur L George Jr, Dennis Thomas St, Douglas A Lawson, Douglas A Lawson, John E Aldeborgh, John T Kurtzweil, Jorge Titinger, Joseph P Keithley, Joseph P Keithley, Kevin J Brewer, Kevin J Brewer, Lynnette C Fallon, Lynnette C Fallon, Mary G Puma, Mary G Puma, R John Fletcher, Russell Low, William J Bintz and William J Bintz.
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Shares of ACLS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of ACLS stock can currently be purchased for approximately $81.93.

Axcelis Technologies (NASDAQ:ACLS) has a market capitalization of $2.69 billion and generates $662.43 million in revenue each year. The semiconductor company earns $98.65 million in net income (profit) each year or $4.80 on an earnings per share basis.

The company employs 1,195 workers across the globe.

Axcelis Technologies' mailing address is 108 CHERRY HILL DRIVE, BEVERLY MA, 01915. The official website for the company is www.axcelis.com. The semiconductor company can be reached via phone at (978) 787-4000, via email at investor.relations@axcelis.com, or via fax at 978-787-3000.