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

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

Axcelis Technologies announced that its board has initiated a stock buyback program on Monday, January 14th 2019, which permits the company to buyback $35,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire up to 5.8% of its stock through open market purchases. Stock buyback programs are often a sign that the company's management believes its stock is undervalued.

Axcelis Technologies Inc (NASDAQ:ACLS) issued its quarterly earnings results on Thursday, November, 1st. The semiconductor company reported $0.22 EPS for the quarter, topping the consensus estimate of $0.17 by $0.05. The semiconductor company earned $95.40 million during the quarter, compared to the consensus estimate of $97.82 million. Axcelis Technologies had a return on equity of 13.86% and a net margin of 28.48%. The company's quarterly revenue was down 8.7% on a year-over-year basis. During the same quarter last year, the company posted $0.35 earnings per share. View Axcelis Technologies' Earnings History.

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

Axcelis Technologies issued an update on its fourth quarter earnings guidance on Monday, January, 14th. The company provided earnings per share (EPS) guidance of $0.20 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.21. The company issued revenue guidance of $100 million, compared to the consensus revenue estimate of $99.83 million.

6 equities research analysts have issued 12-month price targets for Axcelis Technologies' stock. Their forecasts range from $20.00 to $32.00. On average, they anticipate Axcelis Technologies' stock price to reach $27.60 in the next twelve months. This suggests a possible upside of 49.4% from the stock's current price. View Analyst Price Targets for Axcelis Technologies.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Axcelis Technologies in the last year. There are currently 2 hold ratings 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 been trending very positive recently, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Axcelis Technologies earned a media sentiment score of 3.2 on InfoTrie's scale. They also assigned media stories about the semiconductor company a news buzz of 4.0 out of 10, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the near future.

Some companies that are related to Axcelis Technologies include ASM International (ASMIY), Brooks Automation (BRKS), Bodycote (BYPLF), Milacron (MCRN), Veeco Instruments (VECO), Energy Recovery (ERII), Manitex International (MNTX), ACM Research (ACMR), Intevac (IVAC), Amtech Systems (ASYS), Magnegas Applied Tchnlgy Sltns (MNGA), CVD Equipment (CVV), Greystone Logistics (GLGI) and Enviro Technologies (EVTN).

Axcelis Technologies' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Peregrine Capital Management LLC (2.58%), Louisiana State Employees Retirement System (0.04%) and Bank of Montreal Can (0.04%). Company insiders that own Axcelis Technologies stock include Douglas A Lawson, John E Aldeborgh, John T Kurtzweil, Joseph P Keithley, Kevin J Brewer, Lynnette C Fallon, Mary G Puma 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 Bank of Montreal Can, Peregrine Capital Management LLC and Louisiana State Employees Retirement System. Company insiders that have sold Axcelis Technologies company stock in the last year include Douglas A Lawson, John T Kurtzweil and Joseph P Keithley. 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 $18.47.

Axcelis Technologies has a market capitalization of $598.61 million and generates $410.56 million in revenue each year. The semiconductor company earns $126.95 million in net income (profit) each year or $1.48 on an earnings per share basis. Axcelis Technologies employs 985 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]