Axcelis Technologies (NASDAQ:ACLS) Given "Neutral" Rating at B. Riley

B. Riley restated their neutral rating on shares of Axcelis Technologies (NASDAQ:ACLS - Free Report) in a research report released on Monday morning, Marketbeat Ratings reports. The firm currently has a $50.00 price target on the semiconductor company's stock, down from their previous price target of $80.00. B. Riley also issued estimates for Axcelis Technologies' Q3 2025 earnings at $0.56 EPS, Q4 2025 earnings at $0.58 EPS, FY2025 earnings at $2.07 EPS, Q1 2026 earnings at $0.59 EPS, Q2 2026 earnings at $0.72 EPS, Q3 2026 earnings at $0.83 EPS, Q4 2026 earnings at $0.95 EPS and FY2026 earnings at $3.09 EPS.

Several other brokerages have also weighed in on ACLS. Craig Hallum reduced their price objective on Axcelis Technologies from $115.00 to $105.00 and set a "buy" rating for the company in a report on Wednesday, January 15th. Needham & Company LLC restated a "hold" rating on shares of Axcelis Technologies in a research report on Wednesday, February 12th. Finally, William Blair downgraded Axcelis Technologies from an "outperform" rating to a "market perform" rating in a research report on Wednesday, February 12th. Five analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Hold" and an average target price of $131.00.

Axcelis Technologies Stock Performance

Shares of NASDAQ:ACLS traded up $2.96 on Monday, reaching $48.90. 816,718 shares of the company's stock were exchanged, compared to its average volume of 637,836. The company has a fifty day moving average of $53.50 and a 200-day moving average of $68.97. Axcelis Technologies has a twelve month low of $40.40 and a twelve month high of $158.61. The company has a current ratio of 5.41, a quick ratio of 4.05 and a debt-to-equity ratio of 0.04. The company has a market capitalization of $1.57 billion, a price-to-earnings ratio of 7.95, a PEG ratio of 4.52 and a beta of 1.59.

Axcelis Technologies (NASDAQ:ACLS - Get Free Report) last issued its quarterly earnings data on Monday, February 10th. The semiconductor company reported $1.54 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.25 by $0.29. Axcelis Technologies had a net margin of 19.75% and a return on equity of 21.02%. On average, research analysts predict that Axcelis Technologies will post 2.55 EPS for the current fiscal year.

Axcelis Technologies declared that its board has approved a stock buyback program on Wednesday, March 12th that authorizes the company to repurchase $100.00 million in shares. This repurchase authorization authorizes the semiconductor company to repurchase up to 5.2% of its shares through open market purchases. Shares repurchase programs are often an indication that the company's management believes its stock is undervalued.

Institutional Trading of Axcelis Technologies

Several large investors have recently made changes to their positions in the business. HighTower Advisors LLC lifted its position in shares of Axcelis Technologies by 23.5% in the third quarter. HighTower Advisors LLC now owns 3,666 shares of the semiconductor company's stock valued at $382,000 after acquiring an additional 697 shares in the last quarter. Virtu Financial LLC purchased a new stake in shares of Axcelis Technologies in the 3rd quarter valued at $700,000. Tidal Investments LLC increased its holdings in Axcelis Technologies by 420.1% during the 3rd quarter. Tidal Investments LLC now owns 8,858 shares of the semiconductor company's stock worth $929,000 after purchasing an additional 7,155 shares during the period. Harbor Capital Advisors Inc. increased its position in shares of Axcelis Technologies by 45.6% in the 4th quarter. Harbor Capital Advisors Inc. now owns 87,825 shares of the semiconductor company's stock valued at $6,136,000 after purchasing an additional 27,497 shares during the last quarter. Finally, Reinhart Partners LLC. lifted its holdings in Axcelis Technologies by 50.7% during the 4th quarter. Reinhart Partners LLC. now owns 1,036,112 shares of the semiconductor company's stock worth $72,393,000 after buying an additional 348,504 shares during the last quarter. 89.98% of the stock is owned by hedge funds and other institutional investors.

About Axcelis Technologies

Axcelis Technologies, Inc designs, manufactures, and services ion implantation and other processing equipment used in the fabrication of semiconductor chips in the United States, Europe, and Asia Pacific. The company offers high energy, high current, and medium current implanters for various application requirements.