NASDAQ:ACLS Axcelis Technologies Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Axcelis Technologies Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $22.30 +0.16 (+0.72 %) (As of 09/17/2020 12:00 AM ET) Add Compare Share Today's Range$21.17Now: $22.30▼$22.3150-Day Range$20.50MA: $25.00▼$31.2652-Week Range$12.99Now: $22.30▼$31.50Volume297,270 shsAverage Volume360,650 shsMarket Capitalization$746.27 millionP/E Ratio21.65Dividend YieldN/ABeta1.37 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Axcelis Technologies, Inc. designs, manufactures, and services ion implantation and other processing equipment used in the fabrication of semiconductor chips worldwide. The company offers a line of high energy, high current, and medium current implanters for various application requirements. It also provides curing systems and thermal processing systems. In addition, the company offers aftermarket lifecycle products and services, including used tools, spare parts, equipment upgrades, maintenance services, and customer training. It sells its equipment and services to semiconductor chip manufacturers through its direct sales force. The company was founded in 1995 and is headquartered in Beverly, Massachusetts.Read More Beat the Market (BTM) Rank™ 3.4 Analyst's Opinion Consensus RatingAxcelis Technologies has received a consensus rating of Buy. The company's average rating score is 2.83, and is based on 5 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $31.33, Axcelis Technologies has a forecasted upside of 40.5% from its current price of $22.30.Amount of Analyst CoverageAxcelis Technologies has only been the subject of 4 research reports in the past 90 days. Previous Next 2.9 Community Rank Outperform VotesAxcelis Technologies has received 492 “outperform” votes. (Add your “outperform” vote.)Underperform VotesAxcelis Technologies has received 369 “underperform” votes. (Add your “underperform” vote.)Community SentimentAxcelis Technologies has received 57.14% “outperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Axcelis Technologies and other stocks. Vote “Outperform” if you believe ACLS will outperform the S&P 500 over the long term. Vote “Underperform” if you believe ACLS will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 0.0 Dividend Strength Dividend YieldAxcelis Technologies does not currently pay a dividend.Dividend GrowthAxcelis Technologies does not have a long track record of dividend growth. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Axcelis Technologies insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 2.93% of the stock of Axcelis Technologies is held by insiders.Percentage Held by Institutions83.64% of the stock of Axcelis Technologies is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Axcelis Technologies are expected to grow by 37.61% in the coming year, from $1.17 to $1.61 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Axcelis Technologies is 21.65, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 19.00.Price to Earnings Ratio vs. SectorThe P/E ratio of Axcelis Technologies is 21.65, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 62.55.Price to Book Value per Share RatioAxcelis Technologies has a P/B Ratio of 1.72. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.4Community Rank: 2.9Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.84 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Special industry machinery, not elsewhere classified Sub-IndustrySemiconductor Equipment SectorComputer and Technology Current SymbolNASDAQ:ACLS Previous Symbol CUSIP05454010 CIK1113232 Webwww.axcelis.com Phone978-787-4000Debt Debt-to-Equity Ratio0.11 Current Ratio4.85 Quick Ratio3.13Price-To-Earnings Trailing P/E Ratio21.65 Forward P/E Ratio19.06 P/E GrowthN/A Sales & Book Value Annual Sales$342.96 million Price / Sales2.18 Cash Flow$0.80 per share Price / Cash Flow27.76 Book Value$12.94 per share Price / Book1.72Profitability EPS (Most Recent Fiscal Year)$0.50 Net Income$17.03 million Net Margins8.34% Return on Equity8.22% Return on Assets6.27%Miscellaneous Employees1,009 Outstanding Shares33,465,000Market Cap$746.27 million Next Earnings Date10/29/2020 (Estimated) OptionableOptionable $22.30 +0.16 (+0.72 %) (As of 09/17/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive ACLS News and Ratings via Email Sign-up to receive the latest news and ratings for ACLS and its competitors with MarketBeat's FREE daily newsletter. Axcelis Technologies (NASDAQ:ACLS) Frequently Asked Questions How has Axcelis Technologies' stock been impacted by Coronavirus? Axcelis Technologies' stock was trading at $21.16 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, ACLS shares have increased by 4.1% and is now trading at $22.02. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Axcelis Technologies? 6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Axcelis Technologies in the last year. There are currently 1 hold rating and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Axcelis Technologies. When is Axcelis Technologies' next earnings date? Axcelis Technologies is scheduled to release its next quarterly earnings announcement on Thursday, October 29th 2020. View our earnings forecast for Axcelis Technologies. How were Axcelis Technologies' earnings last quarter? Axcelis Technologies Inc (NASDAQ:ACLS) posted its quarterly earnings data on Tuesday, August, 4th. The semiconductor company reported $0.39 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.26 by $0.13. The semiconductor company earned $123 million during the quarter, compared to analyst estimates of $101.83 million. Axcelis Technologies had a return on equity of 8.22% and a net margin of 8.34%. The company's revenue was up 65.5% compared to the same quarter last year. During the same period in the prior year, the company earned $0.02 EPS. View Axcelis Technologies' earnings history. How will Axcelis Technologies' stock buyback program work? Axcelis Technologies announced that its board has authorized a stock buyback program on Monday, January 14th 2019, which allows the company to buyback $35,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to buy up to 5.8% of its shares through open market purchases. Shares buyback programs are often an indication that the company's management believes its stock is undervalued. What guidance has Axcelis Technologies issued on next quarter's earnings? Axcelis Technologies issued an update on its third quarter earnings guidance on Tuesday, August, 4th. The company provided earnings per share guidance of $0.24 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.26. The company issued revenue guidance of $110 million, compared to the consensus revenue estimate of $107.50 million. What price target have analysts set for ACLS? 6 brokers have issued 12-month target prices for Axcelis Technologies' shares. Their forecasts range from $26.00 to $40.00. On average, they expect Axcelis Technologies' stock price to reach $31.33 in the next twelve months. This suggests a possible upside of 42.3% from the stock's current price. View analysts' price targets for Axcelis Technologies. Are investors shorting Axcelis Technologies? Axcelis Technologies saw a drop in short interest in the month of August. As of August 31st, there was short interest totaling 750,400 shares, a drop of 15.2% from the August 15th total of 885,400 shares. Based on an average daily trading volume, of 383,500 shares, the days-to-cover ratio is currently 2.0 days. Approximately 2.3% of the shares of the stock are short sold. View Axcelis Technologies' Short Interest. Who are some of Axcelis Technologies' key competitors? 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), Xperi (XPER), Ultra Clean (UCTT) and Cohu (COHU). View all competitors. What other stocks do shareholders of Axcelis Technologies own? 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), AT&T (T), AbbVie (ABBV), Adobe (ADBE) and Ciena (CIEN). Who are Axcelis Technologies' key executives? Axcelis Technologies' management team includes the following people: Ms. Mary G. Puma, CEO, Pres & Director (Age 61)Mr. Kevin J. Brewer, CFO & Exec. VP of Global Operations (Age 60)Mr. William Bintz, Exec. VP of Product Devel. (Age 62)Mr. John E. Aldeborgh, Exec. VP of Global Customer Operations (Age 63)Dr. Russell Low, Exec. VP of Engineering (Age 48) What is Axcelis Technologies' stock symbol? Axcelis Technologies trades on the NASDAQ under the ticker symbol "ACLS." Who are Axcelis Technologies' major shareholders? Axcelis Technologies' stock is owned by a number of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (6.79%), Russell Investments Group Ltd. (4.60%), Nuveen Asset Management LLC (1.36%), Bank of New York Mellon Corp (1.06%), Principal Financial Group Inc. (0.75%) and Goldman Sachs Group Inc. (0.73%). 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. Which major investors are selling Axcelis Technologies stock? ACLS stock was sold by a variety of institutional investors in the last quarter, including UBS Group AG, Mackay Shields LLC, Jacobs Levy Equity Management Inc., Prudential Financial Inc., Penbrook Management LLC, PDT Partners LLC, Bank of New York Mellon Corp, and Grantham Mayo Van Otterloo & Co. LLC. Company insiders that have sold Axcelis Technologies company stock in the last year include 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 insider buying and selling activity for Axcelis Technologies. Which major investors are buying Axcelis Technologies stock? ACLS stock was purchased by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Assenagon Asset Management S.A., Nuveen Asset Management LLC, Great Lakes Advisors LLC, Vanguard Group Inc., Goldman Sachs Group Inc., WINTON GROUP Ltd, and Two Sigma Advisers LP. View insider buying and selling activity for Axcelis Technologies. How do I buy shares of 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. What is Axcelis Technologies' stock price today? One share of ACLS stock can currently be purchased for approximately $22.02. How big of a company is Axcelis Technologies? Axcelis Technologies has a market capitalization of $736.90 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. What is Axcelis Technologies' official website? The official website for Axcelis Technologies is www.axcelis.com. How can I contact Axcelis Technologies? 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] This page was last updated on 9/18/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your Risk-Free Trial Subscription Here Questions? Get Started with MarketBeat — Read Your Daily NewsletterCheck Out My MarketBeatWatch Our Tutorial VideosAdd a Stock to Your WatchlistSet Up an Instant AlertView a Company's Profile PageView Our Financial CalendarsView Today's Analyst Ratings
