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

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

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

Axcelis Technologies Inc (NASDAQ:ACLS) issued its quarterly earnings results on Wednesday, February, 5th. The semiconductor company reported $0.29 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.16 by $0.13. The semiconductor company had revenue of $107.70 million for the quarter, compared to analyst estimates of $95.77 million. Axcelis Technologies had a return on equity of 4.13% and a net margin of 4.97%. The company's revenue was up 1.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.25 EPS. View Axcelis Technologies' Earnings History.

Axcelis Technologies is scheduled to release their next quarterly earnings announcement on Tuesday, May 5th 2020. View Earnings Estimates for Axcelis Technologies.

Axcelis Technologies issued an update on its first quarter earnings guidance on Wednesday, February, 5th. The company provided earnings per share (EPS) guidance of Approx $0.21 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.21. The company issued revenue guidance of Approx $115 million, compared to the consensus revenue estimate of $94.58 million.

5 analysts have issued 12 month target prices for Axcelis Technologies' shares. Their forecasts range from $15.00 to $35.00. On average, they anticipate Axcelis Technologies' stock price to reach $27.80 in the next twelve months. This suggests a possible upside of 14.3% from the stock's current price. View Analyst Price Targets for Axcelis Technologies.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Axcelis Technologies in the last year. There are currently 1 hold rating and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Axcelis Technologies.

News headlines about ACLS stock have trended very negative recently, InfoTrie Sentiment reports. The research group rates the sentiment of news coverage by reviewing more than six thousand blog and news 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 news sentiment score of -3.0 on InfoTrie's scale. They also gave media headlines about the semiconductor company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the next several days. View News Stories for 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), Amkor Technology (AMKR), Brooks Automation (BRKS), Advanced Energy Industries (AEIS), FormFactor (FORM), Xperi (XPER), Ultra Clean (UCTT), Nanometrics (NANO) and Cohu (COHU).

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

Axcelis Technologies' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Senvest Management LLC (8.63%), Royce & Associates LP (2.95%), State Street Corp (2.87%), Tenzing Global Management LLC (2.12%), Geode Capital Management LLC (1.42%) and Rice Hall James & Associates LLC (1.30%). Company insiders that own Axcelis Technologies stock include Dennis Thomas St, Douglas A Lawson, John E Aldeborgh, John T Kurtzweil, Joseph P Keithley, Kevin J Brewer, Lynnette C Fallon, Mary G Puma, R John Fletcher 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 Assenagon Asset Management S.A., Marshall Wace North America L.P., Bank of New York Mellon Corp, Russell Investments Group Ltd., AQR Capital Management LLC, Arizona State Retirement System, THB Asset Management and Bank of America Corp DE. 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 and William J Bintz. View Insider Buying and Selling for Axcelis Technologies.

ACLS stock was acquired by a variety of institutional investors in the last quarter, including Rice Hall James & Associates LLC, Goldman Sachs Group Inc., Athena Capital Advisors LLC, Royce & Associates LP, Tenzing Global Management LLC, EAM Global Investors LLC, EAM Investors LLC and Senvest Management LLC. 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, Robinhood, Fidelity and Charles Schwab.

One share of ACLS stock can currently be purchased for approximately $24.32.

Axcelis Technologies has a market capitalization of $788.48 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 1,079 workers across the globe.View Additional Information About Axcelis Technologies.

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]