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 of Directors has authorized a stock buyback program on Monday, January 14th 2019, which allows the company to repurchase $35,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to buy up to 5.8% of its stock through open market purchases. Stock repurchase programs are generally an indication that the company's management believes its shares are undervalued.

Axcelis Technologies Inc (NASDAQ:ACLS) posted its earnings results on Wednesday, February, 6th. The semiconductor company reported $0.25 EPS for the quarter, beating analysts' consensus estimates of $0.20 by $0.05. The semiconductor company earned $105.68 million during the quarter, compared to analysts' expectations of $99.83 million. Axcelis Technologies had a return on equity of 11.39% and a net margin of 10.37%. The company's revenue was down 9.2% compared to the same quarter last year. During the same period in the previous year, the company earned $0.47 earnings per share. View Axcelis Technologies' Earnings History.

Axcelis Technologies is scheduled to release their next quarterly earnings announcement on Tuesday, May 7th 2019. View Earnings Estimates for Axcelis Technologies.

Axcelis Technologies will be holding an earnings conference call on Wednesday, May 8th 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 issued an update on its first quarter earnings guidance on Wednesday, February, 6th. The company provided EPS guidance of $0.10-0.13 for the period, compared to the Thomson Reuters consensus estimate of $0.21. The company issued revenue guidance of $90-95 million, compared to the consensus revenue estimate of $99.29 million.Axcelis Technologies also updated its Q1 2019 guidance to $0.10-0.13 EPS.

5 brokerages have issued 12-month price targets for Axcelis Technologies' shares. Their forecasts range from $26.50 to $28.00. On average, they expect Axcelis Technologies' share price to reach $27.3750 in the next year. This suggests a possible upside of 30.0% 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 1 hold rating and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Axcelis Technologies.

News stories about ACLS stock have trended neutral this week, according to InfoTrie Sentiment. InfoTrie identifies positive and negative press coverage by reviewing more than six thousand news and blog 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 0.5 on InfoTrie's scale. They also assigned news articles about the semiconductor company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the company's share price in the next several days.

Some companies that are related to Axcelis Technologies include Brooks Automation (BRKS), Bodycote (BYPLF), Milacron (MCRN), Veeco Instruments (VECO), Energy Recovery (ERII), 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) and Enviro Technologies (EVTN).

Based on aggregate information from My MarketBeat watchlists, some companies that other Axcelis Technologies investors own include Micron Technology (MU), NVIDIA (NVDA), Alibaba Group (BABA), Applied Materials (AMAT), Momo (MOMO), Bank of America (BAC), Adobe (ADBE), Advanced Micro Devices (AMD), Broadcom (AVGO) and Paypal (PYPL).

Axcelis Technologies' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Penbrook Management LLC (0.27%), Virginia Retirement Systems ET AL (0.12%), Malaga Cove Capital LLC (0.05%) and BNP Paribas Arbitrage SA (0.02%). 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, Mary G Puma, 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 Penbrook Management LLC 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 BNP Paribas Arbitrage SA and Virginia Retirement Systems ET AL. 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 $21.06.

Axcelis Technologies has a market capitalization of $691.34 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.

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]