NASDAQ:ACLSAxcelis Technologies Stock Price, Forecast & News

Axcelis Technologies' stock was trading at $21.16 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, ACLS shares have increased by 33.9% and is now trading at $28.33. 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, beating analysts' consensus estimates of $0.30 by $0.03. The semiconductor company earned $118.99 million during the quarter, compared to the consensus estimate of $94.58 million. Axcelis Technologies had a net margin of 5.99% and a return on equity of 5.35%. The business's quarterly revenue was up 30.1% on a year-over-year basis. During the same period in the prior year, the business posted $0.18 earnings per share. View Axcelis Technologies' earnings history.

Axcelis Technologies announced that its board has authorized a stock repurchase plan 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 repurchase up to 5.8% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company's leadership believes its shares are undervalued.

Axcelis Technologies issued an update on its first quarter earnings guidance on Tuesday, April, 14th. The company provided EPS 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 brokers have issued 12-month price objectives for Axcelis Technologies' stock. Their forecasts range from $15.00 to $32.00. On average, they anticipate Axcelis Technologies' share price to reach $26.00 in the next year. This suggests that the stock has a possible downside of 8.2%. View analysts' price targets for Axcelis Technologies.

Press coverage about ACLS stock has been trending very negative on Monday, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Axcelis Technologies earned a coverage optimism score of -3.2 on InfoTrie's scale. They also assigned media coverage about the semiconductor company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the near 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), Photronics (PLAB) and Xperi (XPER). 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."

Axcelis Technologies' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Symphony Financial Ltd. Co. (0.07%) and Everence Capital Management Inc. (0.02%). 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 purchased by a variety of institutional investors in the last quarter, including Symphony Financial Ltd. Co., and Everence Capital Management Inc.. 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 $28.33.

Axcelis Technologies has a market capitalization of $931.49 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]