Axcelis Technologies - ACLS Stock Forecast, Price & News

4 Wall Street 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 analysts is that investors should "buy" ACLS shares.
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4 Wall Street research analysts have issued 12 month price targets for Axcelis Technologies' shares. Their ACLS share price forecasts range from $67.00 to $95.00. On average, they expect the company's stock price to reach $83.20 in the next year. This suggests a possible upside of 24.3% from the stock's current price.
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Axcelis Technologies' stock was trading at $74.56 on January 1st, 2022. Since then, ACLS shares have decreased by 10.2% and is now trading at $66.95.
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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) issued its quarterly earnings results on Wednesday, August, 3rd. The semiconductor company reported $1.32 earnings per share for the quarter, beating the consensus estimate of $1.03 by $0.29. The semiconductor company earned $221.18 million during the quarter, compared to analysts' expectations of $215 million. Axcelis Technologies had a trailing twelve-month return on equity of 27.14% and a net margin of 18.47%. During the same period in the previous year, the company earned $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 earnings per share 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."

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 $66.95.

Axcelis Technologies (NASDAQ:ACLS) has a market capitalization of $2.21 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.