NASDAQ:ACLSAxcelis Technologies Stock Price, Forecast & News

Axcelis Technologies' stock was trading at $21.16 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, ACLS shares have increased by 28.4% and is now trading at $27.17. 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 earnings results on Tuesday, May, 5th. The semiconductor company reported $0.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.30 by $0.03. The semiconductor company earned $118.99 million during the quarter, compared to analysts' expectations of $94.58 million. Axcelis Technologies had a net margin of 5.99% and a return on equity of 5.35%. The firm's revenue for the quarter was up 30.1% compared to the same quarter last year. During the same quarter last year, the business posted $0.18 earnings per share. View Axcelis Technologies' earnings history.

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

Axcelis Technologies issued an update on its first quarter earnings guidance on Tuesday, April, 14th. The company provided earnings per share 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 1 year target prices for Axcelis Technologies' shares. Their forecasts range from $15.00 to $32.00. On average, they expect Axcelis Technologies' share price to reach $26.00 in the next year. This suggests that the stock has a possible downside of 4.3%. View analysts' price targets for Axcelis Technologies.

Press coverage about ACLS stock has been trending very negative this week, InfoTrie Sentiment Analysis reports. The research firm scores the sentiment of press coverage by monitoring more than six thousand blog and news 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 news impact score of -3.3 on InfoTrie's scale. They also gave press coverage 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 stock'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), Xperi (XPER) and Photronics (PLAB). 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."

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 $27.17.

Axcelis Technologies has a market capitalization of $893.35 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]