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NASDAQ:ACLS

Axcelis Technologies (ACLS) Stock Price, News & Analysis

Axcelis Technologies logo
$69.47 +0.29 (+0.42%)
(As of 12/20/2024 05:45 PM ET)

About Axcelis Technologies Stock (NASDAQ:ACLS)

Key Stats

Today's Range
$68.23
$71.17
50-Day Range
$69.18
$105.10
52-Week Range
$68.23
$158.61
Volume
2.32 million shs
Average Volume
636,539 shs
Market Capitalization
$2.26 billion
P/E Ratio
10.28
Dividend Yield
N/A
Price Target
$167.33
Consensus Rating
Moderate Buy

Company Overview

Axcelis Technologies, Inc. is a leading company engaged in designing, manufacturing, and servicing ion implantation and other processing equipment used to fabricate semiconductor chips. With a global presence spanning the United States, Europe, and Asia Pacific, Axcelis Technologies offers a wide range of high energy, high current, and medium current implanters tailored to various application requirements. The company also provides aftermarket lifecycle products and services, including used tools, spare parts, equipment upgrades, maintenance services, and customer training. Axcelis Technologies primarily sells its equipment and services to semiconductor chip manufacturers through its direct sales force.

Axcelis Technologies boasts a highly accomplished and experienced management team that is crucial to the company's success. The team includes Dr. Russell J. Low, Ph.D., who serves as the Chief Executive Officer and President, and Mr. Kevin J. Brewer, the Executive Vice President and Chief Financial Officer. Together, they steer the company toward innovation, operational excellence, and customer satisfaction.

Axcelis Technologies has demonstrated strong financial performance in recent years. The company reported revenue numbers that represent a significant increase compared to the previous years. This growth indicates Axcelis Technologies' ability to capture market opportunities and meet the evolving demands of the semiconductor industry. The company's net income reflects impressive yearly increases, and Axcelis Technologies has maintained a healthy net profit margin. This highlights its efficiency in converting revenue into profits and demonstrates the effective utilization of its resources to generate shareholder value.

The company's stock price has experienced significant upward movements, reflecting investor confidence and positive market sentiment. While short-term fluctuations are common in the stock market, the overall trend for Axcelis Technologies has been favorable, driven by strong financial performance and market demand for semiconductor manufacturing equipment. Investors should carefully monitor the stock's performance and consider factors influencing its future trajectory.

Axcelis Technologies operates in the semiconductor equipment industry, which plays a critical role in supporting the growth of the global semiconductor market. Rapid technological advancements, increasing demand for high-performance chips, and a competitive landscape characterize this industry. Axcelis Technologies competes with other leading players in the industry, and its success is dependent on its ability to deliver innovative solutions, provide excellent customer service, and adapt to market trends. The company's competitive positioning stems from its expertise in ion implantation and its ability to offer a diverse portfolio of high-quality products catering to different application requirements.

The semiconductor equipment industry is driven by the continuous demand for advanced and efficient manufacturing processes to meet the growing needs of various sectors, including consumer electronics, automotive, telecommunications, and healthcare. Axcelis Technologies is well-positioned to capitalize on this demand, given its strong reputation, technological expertise, and comprehensive product offerings. The company's focus on ion implantation systems, including high energy, high current, and medium current implanters, positions it as a key player in enabling semiconductor manufacturers to achieve precise and reliable chip fabrication.

Axcelis Technologies has several growth opportunities on the horizon. The semiconductor industry constantly evolves, with emerging technologies such as 5G, artificial intelligence, and the Internet of Things driving increased demand for advanced chips. As a provider of critical equipment for chip fabrication, Axcelis Technologies stands to benefit from these industry trends. The company has the potential to leverage its expertise and expand into new markets or industries, as well as introduce innovative products to address the evolving needs of its customers.

Furthermore, strategic partnerships and collaborations can open doors to new opportunities for Axcelis Technologies. By forging alliances with semiconductor manufacturers, research institutions, and other industry players, the company can enhance its technological capabilities, gain market insights, and explore new avenues for growth. Acquisitions or mergers with complementary companies can also provide access to new technologies, expand the customer base, and strengthen the company's competitive position in the market.

While Axcelis Technologies is well-positioned in the semiconductor equipment industry, it faces certain risks and challenges. The industry is highly cyclical, and macroeconomic factors, market trends, and geopolitical events influence the demand for semiconductor equipment. Fluctuations in customer demand, changes in government regulations, and global trade tensions can impact the company's sales and profitability.

Additionally, the semiconductor industry is characterized by rapid technological advancements, requiring companies to invest in research and development to remain competitive continuously. Axcelis Technologies must stay at the forefront of innovation and ensure that its products align with customers' evolving needs. Failure to anticipate or respond to technological shifts could result in the company losing market share to competitors.

Furthermore, as Axcelis Technologies operates globally, it is exposed to risks associated with international operations, including currency exchange rate fluctuations, political instability, and changes in trade policies. The company must effectively manage these risks and establish robust risk mitigation strategies to protect its business and maintain financial stability.

Axcelis Technologies Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
77th Percentile Overall Score

ACLS MarketRank™: 

Axcelis Technologies scored higher than 77% of companies evaluated by MarketBeat, and ranked 218th out of 652 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Axcelis Technologies has received a consensus rating of Moderate Buy. The company's average rating score is 2.57, and is based on 4 buy ratings, 3 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Axcelis Technologies has only been the subject of 2 research reports in the past 90 days.

  • Read more about Axcelis Technologies' stock forecast and price target.
  • Earnings Growth

    Earnings for Axcelis Technologies are expected to decrease by -14.68% in the coming year, from $5.86 to $5.00 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Axcelis Technologies is 10.28, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 112.73.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Axcelis Technologies is 10.28, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 237.87.

  • Price to Earnings Growth Ratio

    Axcelis Technologies has a PEG Ratio of 2.36. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Axcelis Technologies has a P/B Ratio of 2.63. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    13.66% of the float of Axcelis Technologies has been sold short.
  • Short Interest Ratio / Days to Cover

    Axcelis Technologies has a short interest ratio ("days to cover") of 6.7.
  • Change versus previous month

    Short interest in Axcelis Technologies has recently decreased by 1.13%, indicating that investor sentiment is improving.
  • Dividend Yield

    Axcelis Technologies does not currently pay a dividend.

  • Dividend Growth

    Axcelis Technologies does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    13.66% of the float of Axcelis Technologies has been sold short.
  • Short Interest Ratio / Days to Cover

    Axcelis Technologies has a short interest ratio ("days to cover") of 6.7.
  • Change versus previous month

    Short interest in Axcelis Technologies has recently decreased by 1.13%, indicating that investor sentiment is improving.
  • News Sentiment

    Axcelis Technologies has a news sentiment score of 1.02. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.63 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 7 news articles for Axcelis Technologies this week, compared to 7 articles on an average week.
  • Search Interest

    18 people have searched for ACLS on MarketBeat in the last 30 days. This is an increase of 13% compared to the previous 30 days.
  • MarketBeat Follows

    Only 3 people have added Axcelis Technologies to their MarketBeat watchlist in the last 30 days. This is a decrease of -73% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Axcelis Technologies insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 1.43% of the stock of Axcelis Technologies is held by insiders.

  • Percentage Held by Institutions

    89.98% of the stock of Axcelis Technologies is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Axcelis Technologies' insider trading history.
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ACLS Stock News Headlines

Bank of America Securities Remains a Hold on Axcelis Technologies (ACLS)
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See More Headlines

ACLS Stock Analysis - Frequently Asked Questions

Axcelis Technologies' stock was trading at $129.69 on January 1st, 2024. Since then, ACLS shares have decreased by 46.4% and is now trading at $69.47.
View the best growth stocks for 2024 here
.

Axcelis Technologies, Inc. (NASDAQ:ACLS) announced its quarterly earnings data on Wednesday, July, 31st. The semiconductor company reported $1.55 earnings per share for the quarter, topping analysts' consensus estimates of $1.37 by $0.18. Axcelis Technologies's revenue for the quarter was down 6.4% on a year-over-year basis.

Axcelis Technologies' top institutional shareholders include State Street Corp (3.79%), Primecap Management Co. CA (2.99%), Geode Capital Management LLC (2.69%) and Senvest Management LLC (2.36%). Insiders that own company stock include Mary G Puma, Russell Low, William J Bintz, Lynnette C Fallon, John T Kurtzweil, Kevin J Brewer, Douglas A Lawson, Tzu Yin Chiu, Greg Redinbo, Jeanne Quirk, Jorge Titinger, Joseph P Keithley and Dennis Thomas St.
View institutional ownership trends
.

Shares of ACLS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Axcelis Technologies investors own include NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), Advanced Micro Devices (AMD), ServiceNow (NOW), Arista Networks (ANET) and Adobe (ADBE).

Company Calendar

Last Earnings
7/31/2024
Today
12/22/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Special industry machinery, not elsewhere classified
Sub-Industry
Semiconductor Equipment
Current Symbol
NASDAQ:ACLS
CUSIP
05454010
Employees
1,704
Year Founded
1978

Price Target and Rating

Average Stock Price Target
$167.33
High Stock Price Target
$175.00
Low Stock Price Target
$150.00
Potential Upside/Downside
+140.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.57
Research Coverage
7 Analysts

Profitability

Net Income
$246.26 million
Pretax Margin
24.08%

Debt

Sales & Book Value

Annual Sales
$1.08 billion
Cash Flow
$6.91 per share
Book Value
$26.41 per share

Miscellaneous

Free Float
32,041,000
Market Cap
$2.26 billion
Optionable
Optionable
Beta
1.53

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This page (NASDAQ:ACLS) was last updated on 12/22/2024 by MarketBeat.com Staff
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