Brokers Issue Forecasts for ACLS Q1 Earnings

Axcelis Technologies, Inc. (NASDAQ:ACLSFree Report) – Investment analysts at DA Davidson issued their Q1 2025 earnings per share (EPS) estimates for shares of Axcelis Technologies in a report issued on Wednesday, February 12th. DA Davidson analyst T. Diffely expects that the semiconductor company will post earnings of $0.39 per share for the quarter. The consensus estimate for Axcelis Technologies’ current full-year earnings is $5.86 per share.

Axcelis Technologies (NASDAQ:ACLSGet Free Report) last released its quarterly earnings data on Monday, February 10th. The semiconductor company reported $1.54 EPS for the quarter, topping analysts’ consensus estimates of $1.25 by $0.29. Axcelis Technologies had a net margin of 20.65% and a return on equity of 24.16%.

A number of other equities analysts have also recently issued reports on the stock. Benchmark cut shares of Axcelis Technologies from a “buy” rating to a “hold” rating in a report on Friday, November 8th. William Blair downgraded Axcelis Technologies from an “outperform” rating to a “market perform” rating in a report on Wednesday. Craig Hallum lowered their price objective on Axcelis Technologies from $115.00 to $105.00 and set a “buy” rating for the company in a research note on Wednesday, January 15th. Finally, Needham & Company LLC reiterated a “hold” rating on shares of Axcelis Technologies in a research note on Wednesday. Four analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, Axcelis Technologies currently has a consensus rating of “Hold” and an average target price of $154.00.

Get Our Latest Stock Report on Axcelis Technologies

Axcelis Technologies Trading Up 1.4 %

NASDAQ ACLS opened at $60.14 on Thursday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 3.29 and a current ratio of 4.45. Axcelis Technologies has a one year low of $56.32 and a one year high of $158.61. The company has a 50-day simple moving average of $70.94 and a 200-day simple moving average of $88.00. The firm has a market capitalization of $1.96 billion, a PE ratio of 8.90, a price-to-earnings-growth ratio of 2.39 and a beta of 1.52.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Pacer Advisors Inc. lifted its holdings in Axcelis Technologies by 78,037.4% in the fourth quarter. Pacer Advisors Inc. now owns 782,155 shares of the semiconductor company’s stock worth $54,649,000 after purchasing an additional 781,154 shares during the period. Norges Bank bought a new stake in shares of Axcelis Technologies during the 4th quarter worth about $36,050,000. Boston Trust Walden Corp acquired a new stake in shares of Axcelis Technologies in the 3rd quarter worth approximately $53,099,000. Reinhart Partners LLC. boosted its holdings in shares of Axcelis Technologies by 50.7% in the fourth quarter. Reinhart Partners LLC. now owns 1,036,112 shares of the semiconductor company’s stock valued at $72,393,000 after acquiring an additional 348,504 shares in the last quarter. Finally, American Century Companies Inc. boosted its holdings in shares of Axcelis Technologies by 37.8% in the fourth quarter. American Century Companies Inc. now owns 1,060,096 shares of the semiconductor company’s stock valued at $74,069,000 after acquiring an additional 290,678 shares in the last quarter. Institutional investors own 89.98% of the company’s stock.

Axcelis Technologies Company Profile

(Get Free Report)

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.

Recommended Stories

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.