News stories about Axcelis Technologies (NASDAQ:ACLS) have been trending somewhat positive this week, according to Accern. The research firm scores the sentiment of press coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Axcelis Technologies earned a media sentiment score of 0.23 on Accern’s scale. Accern also gave news articles about the semiconductor company an impact score of 44.9281752862464 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
A number of brokerages have issued reports on ACLS. Zacks Investment Research downgraded Axcelis Technologies from a “hold” rating to a “strong sell” rating in a research report on Friday, February 9th. Needham & Company LLC decreased their price objective on Axcelis Technologies from $36.00 to $33.00 and set a “buy” rating on the stock in a research report on Wednesday, February 7th. B. Riley decreased their price objective on Axcelis Technologies from $39.00 to $35.00 and set a “buy” rating on the stock in a research report on Wednesday, February 7th. ValuEngine upgraded Axcelis Technologies from a “hold” rating to a “buy” rating in a research report on Friday, February 2nd. Finally, Stifel Nicolaus upgraded Axcelis Technologies from a “hold” rating to a “buy” rating and set a $31.00 price objective on the stock in a research report on Monday, January 22nd. Two research analysts have rated the stock with a sell rating, one has assigned a hold rating and five have assigned a buy rating to the company’s stock. Axcelis Technologies presently has an average rating of “Hold” and a consensus target price of $32.50.
Shares of Axcelis Technologies (NASDAQ:ACLS) traded down $0.25 during midday trading on Monday, hitting $26.60. The stock had a trading volume of 293,051 shares, compared to its average volume of 475,785. Axcelis Technologies has a 12-month low of $14.60 and a 12-month high of $37.05. The stock has a market capitalization of $860.49, a P/E ratio of 7.11, a price-to-earnings-growth ratio of 1.01 and a beta of 1.05.
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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.
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