Axcelis Technologies (ACLS) Receiving Somewhat Favorable Media Coverage, Report Shows

News articles about Axcelis Technologies (NASDAQ:ACLS) have trended somewhat positive recently, according to Accern Sentiment. Accern rates the sentiment of press coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Axcelis Technologies earned a news impact score of 0.15 on Accern’s scale. Accern also gave news stories about the semiconductor company an impact score of 44.9525847093116 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

These are some of the media headlines that may have impacted Accern Sentiment’s scoring:

ACLS has been the subject of a number of research analyst reports. Benchmark reaffirmed a “buy” rating and issued a $28.00 price target (up from $24.00) on shares of Axcelis Technologies in a research note on Friday, September 8th. Stifel Nicolaus upped their price target on shares of Axcelis Technologies from $20.00 to $31.00 and gave the stock a “hold” rating in a research note on Wednesday, November 1st. Zacks Investment Research raised shares of Axcelis Technologies from a “hold” rating to a “buy” rating and set a $26.00 price target for the company in a research note on Friday, September 15th. B. Riley upped their price target on shares of Axcelis Technologies from $30.00 to $39.00 and gave the stock a “buy” rating in a research note on Friday, November 3rd. Finally, ValuEngine downgraded shares of Axcelis Technologies from a “buy” rating to a “hold” rating in a report on Monday, October 2nd. One analyst has rated the stock with a sell rating, three have issued a hold rating and four have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $31.33.

Axcelis Technologies (ACLS) opened at $29.70 on Thursday. The company has a market cap of $920.41, a price-to-earnings ratio of 25.93, a P/E/G ratio of 1.02 and a beta of 1.07. Axcelis Technologies has a one year low of $13.10 and a one year high of $37.05.

In related news, CFO Kevin J. Brewer sold 62,348 shares of the company’s stock in a transaction on Tuesday, September 12th. The shares were sold at an average price of $22.46, for a total transaction of $1,400,336.08. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director John T. Kurtzweil sold 1,800 shares of the stock in a transaction on Wednesday, November 15th. The shares were sold at an average price of $34.03, for a total transaction of $61,254.00. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 265,038 shares of company stock valued at $8,016,850. Corporate insiders own 5.66% of the company’s stock.

WARNING: This piece was originally reported by The Lincolnian Online and is the sole property of of The Lincolnian Online. If you are accessing this piece on another domain, it was stolen and republished in violation of US & international trademark and copyright law. The legal version of this piece can be read at https://www.thelincolnianonline.com/2017/12/07/axcelis-technologies-acls-receiving-somewhat-favorable-media-coverage-report-shows.html.

Axcelis Technologies Company Profile

Axcelis Technologies, Inc designs, manufactures and services ion implantation and other processing equipment used in the fabrication of semiconductor chips. The Company also provides aftermarket lifecycle products and services, including used tools, spare parts, equipment upgrades, maintenance services and customer training.

Insider Buying and Selling by Quarter for Axcelis Technologies (NASDAQ:ACLS)

Receive News & Ratings for Axcelis Technologies Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Axcelis Technologies Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply