Axcelis Technologies, Inc. (NASDAQ:ACLS – Get Free Report) Director Gregory Graves sold 3,225 shares of the business’s stock in a transaction on Tuesday, May 19th. The stock was sold at an average price of $141.61, for a total transaction of $456,692.25. Following the completion of the sale, the director directly owned 5,473 shares in the company, valued at approximately $775,031.53. This represents a 37.08% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
Axcelis Technologies Stock Performance
Shares of ACLS stock opened at $156.94 on Friday. The company’s fifty day simple moving average is $121.12 and its 200-day simple moving average is $98.30. The company has a quick ratio of 2.99, a current ratio of 4.59 and a debt-to-equity ratio of 0.04. The firm has a market cap of $4.82 billion, a PE ratio of 48.89, a P/E/G ratio of 12.14 and a beta of 1.93. Axcelis Technologies, Inc. has a 12 month low of $55.93 and a 12 month high of $171.61.
Axcelis Technologies (NASDAQ:ACLS – Get Free Report) last announced its quarterly earnings data on Thursday, May 7th. The semiconductor company reported $0.72 EPS for the quarter, topping analysts’ consensus estimates of $0.71 by $0.01. The business had revenue of $198.96 million for the quarter, compared to analyst estimates of $195.03 million. Axcelis Technologies had a net margin of 11.93% and a return on equity of 12.19%. The firm’s revenue for the quarter was up 3.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.88 earnings per share. Axcelis Technologies has set its Q2 2026 guidance at 0.900- EPS. Equities research analysts expect that Axcelis Technologies, Inc. will post 2.86 EPS for the current fiscal year.
Institutional Trading of Axcelis Technologies
Wall Street Analyst Weigh In
ACLS has been the topic of a number of research reports. B. Riley Financial raised shares of Axcelis Technologies from a “neutral” rating to a “buy” rating and set a $150.00 price objective on the stock in a research report on Monday, April 20th. Weiss Ratings lowered shares of Axcelis Technologies from a “hold (c)” rating to a “hold (c-)” rating in a research report on Tuesday, May 12th. Finally, Zacks Research raised shares of Axcelis Technologies from a “strong sell” rating to a “hold” rating in a research report on Monday, April 20th. Three research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $116.25.
Read Our Latest Report on Axcelis Technologies
Axcelis Technologies Company Profile
Axcelis Technologies, Inc is a leading developer and manufacturer of ion implantation and cleaning equipment used in the fabrication of semiconductor chips. The company specializes in high-current, medium-current and high-energy ion implantation systems, which are critical for introducing precisely controlled dopants into silicon wafers. Axcelis also offers plasma-based cleaning and dry strip tools that support advanced process nodes in logic, memory and power device manufacturing.
The company’s product portfolio encompasses single-wafer and multi-wafer cluster tools designed to deliver high throughput, accuracy and uniformity for semiconductor process steps.
Further Reading
- Five stocks we like better than Axcelis Technologies
- SpaceX IPO: Opportunity? Or the Ultimate Hype Trade?
- CAVA Group’s Stock Looks Delicious After Strong Earnings
- Lowe’s Finds Support at $215 After Q1 Earnings Sell-Off
- Deere Beats Q2 Estimates, But Ag Weakness Weighs on Outlook
Receive News & Ratings for Axcelis Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Axcelis Technologies and related companies with MarketBeat.com's FREE daily email newsletter.
