NASDAQ:ACLS - Axcelis Technologies Stock Price, News, & Analysis

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

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

Axcelis Technologies Inc (NASDAQ:ACLS) posted its quarterly earnings results on Tuesday, May, 7th. The semiconductor company reported $0.18 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.11 by $0.07. The semiconductor company earned $91.48 million during the quarter, compared to analyst estimates of $93.05 million. Axcelis Technologies had a return on equity of 9.11% and a net margin of 9.23%. Axcelis Technologies's quarterly revenue was down 25.1% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.41 earnings per share. View Axcelis Technologies' Earnings History.

Axcelis Technologies is scheduled to release their next quarterly earnings announcement on Thursday, August 1st 2019. View Earnings Estimates for Axcelis Technologies.

Axcelis Technologies will be holding an earnings conference call on Wednesday, August 7th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8665888911.

Axcelis Technologies updated its second quarter earnings guidance on Tuesday, May, 7th. The company provided earnings per share (EPS) guidance of $0.01-0.03 for the period, compared to the Thomson Reuters consensus estimate of $0.15. The company issued revenue guidance of $80 million, compared to the consensus revenue estimate of $97.32 million.

5 brokers have issued 1 year price objectives for Axcelis Technologies' shares. Their predictions range from $26.00 to $28.00. On average, they expect Axcelis Technologies' share price to reach $27.25 in the next year. This suggests a possible upside of 85.6% from the stock's current price. View Analyst Price Targets for Axcelis Technologies.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Axcelis Technologies in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Axcelis Technologies.

Media stories about ACLS stock have been trending positive recently, InfoTrie Sentiment reports. The research firm identifies positive and negative press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Axcelis Technologies earned a media sentiment score of 2.6 on InfoTrie's scale. They also gave media coverage about the semiconductor company a news buzz of 5.0 out of 10, indicating that recent press coverage is somewhat likely to have an effect on the stock's share price in the near future. View News Stories for Axcelis Technologies.

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

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), Adobe (ADBE), Momo (MOMO), Advanced Micro Devices (AMD), Paypal (PYPL) and ABIOMED (ABMD).

Axcelis Technologies' stock is owned by a variety of of retail and institutional investors. Top institutional investors include Primecap Management Co. CA (8.98%), Royce & Associates LP (2.17%), LSV Asset Management (2.05%), California Public Employees Retirement System (0.39%), Rhumbline Advisers (0.30%) and Victory Capital Management Inc. (0.30%). 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, R John Fletcher 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 LSV Asset Management, Royce & Associates LP, Penbrook Management LLC, Primecap Management Co. CA, California Public Employees Retirement System and Malaga Cove Capital LLC. 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 Victory Capital Management Inc., Assenagon Asset Management S.A., Dynamic Technology Lab Private Ltd, BBT Capital Management LLC, SG Americas Securities LLC, BNP Paribas Arbitrage SA, Globeflex Capital L P and Rhumbline Advisers. 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, Scottrade, Fidelity and Charles Schwab.

One share of ACLS stock can currently be purchased for approximately $14.68.

Axcelis Technologies has a market capitalization of $483.59 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]