Axcelis Technologies Stock Forecast, Price & 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 28.6% and is now trading at $27.22.
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5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Axcelis Technologies in the last year. There are currently 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Axcelis Technologies or view MarketBeat's top 5 stock picks.

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Axcelis Technologies is scheduled to release its next quarterly earnings announcement on Wednesday, February 3rd 2021.
View our earnings forecast for Axcelis Technologies.

Axcelis Technologies, Inc. (NASDAQ:ACLS) posted its quarterly earnings data on Tuesday, November, 10th. The semiconductor company reported $0.32 EPS for the quarter, topping the consensus estimate of $0.24 by $0.08. The semiconductor company had revenue of $110.40 million for the quarter, compared to analyst estimates of $107.50 million. Axcelis Technologies had a net margin of 9.79% and a return on equity of 10.28%. The firm's revenue for the quarter was up 58.8% on a year-over-year basis. During the same quarter last year, the firm posted $0.02 EPS.
View Axcelis Technologies' earnings history.

Axcelis Technologies declared that its board has authorized a share repurchase program on Monday, January 14th 2019, which permits the company to repurchase $35,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 5.8% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company's board of directors believes its stock is undervalued.

Axcelis Technologies issued an update on its fourth quarter earnings guidance on Thursday, November, 5th. The company provided EPS guidance of $0.21 for the period, compared to the Thomson Reuters consensus estimate of $0.21. The company issued revenue guidance of $110 million, compared to the consensus revenue estimate of $105.74 million.

5 Wall Street analysts have issued 1 year price objectives for Axcelis Technologies' stock. Their forecasts range from $26.00 to $40.00. On average, they expect Axcelis Technologies' share price to reach $32.20 in the next twelve months. This suggests a possible upside of 18.3% from the stock's current price.
View analysts' price targets for 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), Brooks Automation (BRKS), CMC Materials (CCMP), Advanced Energy Industries (AEIS), Amkor Technology (AMKR), FormFactor (FORM), Onto Innovation (ONTO), Xperi (XPER), Ultra Clean (UCTT) and Cohu (COHU).
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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 many different retail and institutional investors. Top institutional investors include BlackRock Inc. (14.52%), State Street Corp (3.05%), Royce & Associates LP (2.90%), Arrowstreet Capital Limited Partnership (1.20%), Charles Schwab Investment Management Inc. (0.72%) and Principal Financial Group Inc. (0.72%). 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 sold by a variety of institutional investors in the last quarter, including BlackRock Inc., JPMorgan Chase & Co., Boston Partners, Engineers Gate Manager LP, Morgan Stanley, Oberweis Asset Management Inc., Wells Fargo & Company MN, and WINTON GROUP Ltd. Company insiders that have sold Axcelis Technologies company stock in the last year include 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 insider buying and selling activity for Axcelis Technologies.

ACLS stock was bought by a variety of institutional investors in the last quarter, including Royce & Associates LP, Federated Hermes Inc., Arrowstreet Capital Limited Partnership, Acadian Asset Management LLC, Jennison Associates LLC, Great West Life Assurance Co. Can, Paradigm Capital Management Inc. NY, and M&G Investment Management Ltd..
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 $27.22.

Axcelis Technologies has a market capitalization of $911.87 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]