B. Riley Has Negative Estimate for ACLS Q1 Earnings

Axcelis Technologies, Inc. (NASDAQ:ACLS - Free Report) - Analysts at B. Riley dropped their Q1 2025 earnings per share (EPS) estimates for Axcelis Technologies in a research note issued to investors on Tuesday, February 11th. B. Riley analyst C. Ellis now expects that the semiconductor company will earn $0.40 per share for the quarter, down from their prior forecast of $1.00. The consensus estimate for Axcelis Technologies' current full-year earnings is $5.86 per share. B. Riley also issued estimates for Axcelis Technologies' Q2 2025 earnings at $0.53 EPS, Q3 2025 earnings at $0.77 EPS, Q4 2025 earnings at $1.01 EPS, FY2025 earnings at $2.71 EPS, Q1 2026 earnings at $0.98 EPS, Q2 2026 earnings at $1.07 EPS, Q3 2026 earnings at $1.13 EPS, Q4 2026 earnings at $1.18 EPS and FY2026 earnings at $4.36 EPS.

Several other research analysts have also commented on the stock. Craig Hallum dropped their price objective on shares of Axcelis Technologies from $115.00 to $105.00 and set a "buy" rating for the company in a research note on Wednesday, January 15th. William Blair lowered shares of Axcelis Technologies from an "outperform" rating to a "market perform" rating in a research note on Wednesday, February 12th. Needham & Company LLC reissued a "hold" rating on shares of Axcelis Technologies in a research note on Wednesday, February 12th. Finally, Benchmark downgraded Axcelis Technologies from a "buy" rating to a "hold" rating in a report on Friday, November 8th. Four equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average price target of $154.00.

Axcelis Technologies Price Performance

Shares of ACLS stock traded up $2.40 on Friday, reaching $63.46. The company's stock had a trading volume of 707,860 shares, compared to its average volume of 666,591. The stock's fifty day simple moving average is $69.81 and its 200-day simple moving average is $86.35. Axcelis Technologies has a 1 year low of $56.32 and a 1 year high of $158.61. The company has a current ratio of 4.45, a quick ratio of 3.29 and a debt-to-equity ratio of 0.04. The company has a market capitalization of $2.06 billion, a price-to-earnings ratio of 9.39, a price-to-earnings-growth ratio of 2.39 and a beta of 1.52.

Axcelis Technologies (NASDAQ:ACLS - Get Free Report) last released its quarterly earnings data on Monday, February 10th. The semiconductor company reported $1.54 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.25 by $0.29. Axcelis Technologies had a net margin of 20.65% and a return on equity of 24.16%.

Hedge Funds Weigh In On Axcelis Technologies

Large investors have recently added to or reduced their stakes in the company. Signaturefd LLC grew its stake in shares of Axcelis Technologies by 90.6% during the fourth quarter. Signaturefd LLC now owns 364 shares of the semiconductor company's stock worth $25,000 after acquiring an additional 173 shares during the last quarter. Avior Wealth Management LLC grew its stake in shares of Axcelis Technologies by 1,153.8% during the fourth quarter. Avior Wealth Management LLC now owns 489 shares of the semiconductor company's stock worth $34,000 after acquiring an additional 450 shares during the last quarter. Capital Advisors Ltd. LLC grew its stake in shares of Axcelis Technologies by 1,415.2% during the fourth quarter. Capital Advisors Ltd. LLC now owns 500 shares of the semiconductor company's stock worth $35,000 after acquiring an additional 467 shares during the last quarter. Blue Trust Inc. grew its stake in shares of Axcelis Technologies by 85.5% during the fourth quarter. Blue Trust Inc. now owns 627 shares of the semiconductor company's stock worth $44,000 after acquiring an additional 289 shares during the last quarter. Finally, Smartleaf Asset Management LLC grew its stake in shares of Axcelis Technologies by 184.3% during the fourth quarter. Smartleaf Asset Management LLC now owns 668 shares of the semiconductor company's stock worth $47,000 after acquiring an additional 433 shares during the last quarter. 89.98% of the stock is currently owned by 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.