Axcelis Technologies - ACLS Stock Forecast, Price & News

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Axcelis Technologies in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" ACLS shares.
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3 Wall Street research analysts have issued 12 month target prices for Axcelis Technologies' shares. Their ACLS share price forecasts range from $87.00 to $115.00. On average, they expect the company's stock price to reach $104.00 in the next twelve months. This suggests that the stock has a possible downside of 12.6%.
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Axcelis Technologies' stock was trading at $79.36 at the beginning of 2023. Since then, ACLS stock has increased by 49.9% and is now trading at $118.97.
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Axcelis Technologies saw a drop in short interest in the month of January. As of January 15th, there was short interest totaling 1,150,000 shares, a drop of 13.5% from the December 31st total of 1,330,000 shares. Based on an average daily volume of 400,200 shares, the days-to-cover ratio is presently 2.9 days. Approximately 3.6% of the company's shares are short sold.
View Axcelis Technologies' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 8th 2023.
View our ACLS earnings forecast.

Axcelis Technologies will be holding an earnings conference call on Thursday, February 9th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.

Axcelis Technologies, Inc. (NASDAQ:ACLS) posted its quarterly earnings results on Wednesday, November, 3rd. The semiconductor company reported $0.82 earnings per share for the quarter, beating the consensus estimate of $0.71 by $0.11. The semiconductor company earned $176.69 million during the quarter, compared to the consensus estimate of $170.20 million. Axcelis Technologies had a trailing twelve-month return on equity of 28.15% and a net margin of 18.83%. During the same quarter last year, the firm earned $0.32 earnings per share.

Axcelis Technologies updated its FY22 earnings guidance on Tuesday, January, 10th. The company provided earnings per share (EPS) guidance of over $5.00 for the period, compared to the consensus EPS estimate of $4.91. The company issued revenue guidance of over $900 million, compared to the consensus revenue estimate of $889.89 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 retail and institutional investors. Top institutional investors include Assenagon Asset Management S.A. (1.03%), Rice Hall James & Associates LLC (0.25%), New York State Common Retirement Fund (0.21%), Comerica Bank (0.11%), Bridge City Capital LLC (0.09%) and Yousif Capital Management LLC (0.07%). 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 $118.97.

Axcelis Technologies (NASDAQ:ACLS) has a market capitalization of $3.91 billion and generates $662.43 million in revenue each year. The semiconductor company earns $98.65 million in net income (profit) each year or $4.80 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.