Axcelis Technologies - ACLS Stock Forecast, Price & News

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Axcelis Technologies in the last twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" ACLS shares.
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4 equities research analysts have issued 12 month target prices for Axcelis Technologies' shares. Their ACLS share price forecasts range from $67.00 to $95.00. On average, they predict the company's share price to reach $83.20 in the next twelve months. This suggests a possible upside of 39.4% from the stock's current price.
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Axcelis Technologies' stock was trading at $74.56 at the beginning of 2022. Since then, ACLS shares have decreased by 20.0% and is now trading at $59.67.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 2nd 2022.
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Axcelis Technologies, Inc. (NASDAQ:ACLS) posted its quarterly earnings data on Wednesday, August, 3rd. The semiconductor company reported $1.32 EPS for the quarter, topping the consensus estimate of $0.99 by $0.33. Axcelis Technologies had a net margin of 18.47% and a trailing twelve-month return on equity of 27.14%. During the same quarter in the previous year, the firm posted $0.55 EPS.

Axcelis Technologies issued an update on its third quarter 2022 earnings guidance on Wednesday, August, 10th. The company provided earnings per share (EPS) guidance of $1.10-$1.15 for the period, compared to the consensus EPS estimate of $1.07. The company issued revenue guidance of $220.00 million-$228.00 million, compared to the consensus revenue estimate of $217.71 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 many different institutional and retail investors. Top institutional investors include Primecap Management Co. CA (5.09%), State Street Corp (3.37%), Assenagon Asset Management S.A. (2.22%), Price T Rowe Associates Inc. MD (1.38%), Goldman Sachs Group Inc. (1.36%) and Driehaus Capital Management LLC (1.27%). 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 $59.67.

Axcelis Technologies (NASDAQ:ACLS) has a market capitalization of $1.97 billion and generates $662.43 million in revenue each year. The semiconductor company earns $98.65 million in net income (profit) each year or $4.40 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.