NASDAQ:ACLSAxcelis Technologies Stock Price, Forecast & News

Axcelis Technologies' stock was trading at $21.16 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, ACLS stock has increased by 30.1% and is now trading at $27.53. View which stocks have been most impacted by Coronavirus.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Axcelis Technologies in the last year. There are currently 3 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Axcelis Technologies.

Axcelis Technologies is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Axcelis Technologies.

Axcelis Technologies Inc (NASDAQ:ACLS) released its quarterly earnings data on Tuesday, May, 5th. The semiconductor company reported $0.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.30 by $0.03. The semiconductor company had revenue of $118.99 million for the quarter, compared to the consensus estimate of $94.58 million. Axcelis Technologies had a net margin of 5.99% and a return on equity of 5.35%. The company's quarterly revenue was up 30.1% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.18 earnings per share. View Axcelis Technologies' earnings history.

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

Axcelis Technologies updated its first quarter earnings guidance on Tuesday, April, 14th. The company provided EPS guidance of ~$0.30 for the period, compared to the Thomson Reuters consensus estimate of $0.21. The company issued revenue guidance of ~$118 million, compared to the consensus revenue estimate of $94.58 million.

6 Wall Street analysts have issued 12 month price targets for Axcelis Technologies' shares. Their forecasts range from $15.00 to $32.00. On average, they anticipate Axcelis Technologies' stock price to reach $26.00 in the next twelve months. This suggests that the stock has a possible downside of 5.6%. View analysts' price targets for Axcelis Technologies.

Media stories about ACLS stock have trended very negative this week, InfoTrie Sentiment reports. The research firm identifies positive and negative press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Axcelis Technologies earned a media sentiment score of -3.3 on InfoTrie's scale. They also gave news stories about the semiconductor company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View the latest news about Axcelis Technologies.

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), Ultra Clean (UCTT), Xperi (XPER) and Photronics (PLAB). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Axcelis Technologies investors own include NVIDIA (NVDA), Alibaba Group (BABA), Micron Technology (MU), Applied Materials (AMAT), Bank of America (BAC), Advanced Micro Devices (AMD), Adobe (ADBE), Momo (MOMO), Ciena (CIEN) and Intelsat (I).

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

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.

One share of ACLS stock can currently be purchased for approximately $27.53.

Axcelis Technologies has a market capitalization of $905.19 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.

The official website for Axcelis Technologies is 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]