FY2025 EPS Estimate for Axcelis Technologies Cut by Analyst

Axcelis Technologies, Inc. (NASDAQ:ACLS - Free Report) - Research analysts at DA Davidson reduced their FY2025 earnings per share estimates for shares of Axcelis Technologies in a report released on Wednesday, February 12th. DA Davidson analyst T. Diffely now expects that the semiconductor company will earn $2.35 per share for the year, down from their previous forecast of $4.75. The consensus estimate for Axcelis Technologies' current full-year earnings is $5.86 per share. DA Davidson also issued estimates for Axcelis Technologies' FY2026 earnings at $5.00 EPS.

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

Axcelis Technologies Trading Up 3.9 %

Shares of Axcelis Technologies stock traded up $2.40 on Friday, hitting $63.46. 707,860 shares of the company's stock traded hands, compared to its average volume of 666,591. Axcelis Technologies has a one year low of $56.32 and a one year high of $158.61. The company has a debt-to-equity ratio of 0.04, a current ratio of 4.45 and a quick ratio of 3.29. The company has a fifty day moving average of $69.81 and a two-hundred day moving average of $86.35. 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 announced its earnings results on Monday, February 10th. The semiconductor company reported $1.54 EPS for the quarter, beating the consensus estimate of $1.25 by $0.29. Axcelis Technologies had a return on equity of 24.16% and a net margin of 20.65%.

Institutional Trading of Axcelis Technologies

Several institutional investors and hedge funds have recently modified their holdings of ACLS. Signaturefd LLC raised its stake in shares of Axcelis Technologies by 90.6% in the fourth quarter. Signaturefd LLC now owns 364 shares of the semiconductor company's stock worth $25,000 after purchasing an additional 173 shares during the last quarter. Avior Wealth Management LLC raised its stake in shares of Axcelis Technologies by 1,153.8% in the fourth quarter. Avior Wealth Management LLC now owns 489 shares of the semiconductor company's stock worth $34,000 after purchasing an additional 450 shares during the last quarter. Capital Advisors Ltd. LLC raised its stake in shares of Axcelis Technologies by 1,415.2% in the fourth quarter. Capital Advisors Ltd. LLC now owns 500 shares of the semiconductor company's stock worth $35,000 after purchasing an additional 467 shares during the last quarter. Blue Trust Inc. raised its stake in shares of Axcelis Technologies by 85.5% in the fourth quarter. Blue Trust Inc. now owns 627 shares of the semiconductor company's stock worth $44,000 after purchasing an additional 289 shares during the last quarter. Finally, Smartleaf Asset Management LLC raised its stake in shares of Axcelis Technologies by 184.3% in the fourth quarter. Smartleaf Asset Management LLC now owns 668 shares of the semiconductor company's stock worth $47,000 after purchasing an additional 433 shares during the last quarter. 89.98% of the stock is owned by hedge funds and other institutional investors.

Axcelis Technologies Company Profile

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.