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 of Directors has initiated a share repurchase program on Monday, January 14th 2019, which authorizes the company to buyback $35,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 5.8% of its stock through open market purchases. Stock buyback programs are often an indication that the company's leadership believes its stock is undervalued.

Axcelis Technologies Inc (NASDAQ:ACLS) announced its quarterly earnings data on Thursday, November, 1st. The semiconductor company reported $0.22 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.17 by $0.05. The semiconductor company had revenue of $95.40 million for the quarter, compared to analysts' expectations of $97.82 million. Axcelis Technologies had a return on equity of 13.86% and a net margin of 28.48%. The company's revenue was down 8.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.35 EPS. 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 updated its fourth quarter earnings guidance on Monday, January, 14th. The company provided EPS guidance of $0.20 for the period, compared to the Thomson Reuters consensus estimate of $0.21. The company issued revenue guidance of $100 million, compared to the consensus revenue estimate of $99.83 million.

6 brokerages have issued 1-year target prices for Axcelis Technologies' shares. Their predictions range from $20.00 to $32.00. On average, they expect Axcelis Technologies' share price to reach $27.60 in the next year. This suggests a possible upside of 43.5% 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.

Headlines about ACLS stock have trended somewhat positive this week, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of 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 0.7 on InfoTrie's scale. They also assigned media coverage about the semiconductor company a news buzz of 1.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next several days.

Some companies that are related to Axcelis Technologies include ASM International (ASMIY), Brooks Automation (BRKS), Bodycote (BYPLF), Milacron (MCRN), Energy Recovery (ERII), Veeco Instruments (VECO), ACM Research (ACMR), Manitex International (MNTX), 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 a variety of of institutional and retail investors. Top institutional shareholders include Peregrine Capital Management LLC (2.58%) and Louisiana State Employees Retirement System (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 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 $19.23.

Axcelis Technologies has a market capitalization of $624.26 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]