Press coverage about Axcelis Technologies (NASDAQ:ACLS) has been trending somewhat positive this week, according to Accern Sentiment. The research firm scores the sentiment of press coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Axcelis Technologies earned a media sentiment score of 0.17 on Accern’s scale. Accern also gave news stories about the semiconductor company an impact score of 46.9429773037001 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Here are some of the news articles that may have impacted Accern’s rankings:
- IRIDEX (IRIX) & Axcelis Technologies (ACLS) Head-To-Head Review (americanbankingnews.com)
- Axcelis Technologies (ACLS) Upgraded by ValuEngine to Buy (americanbankingnews.com)
- Critical Contrast: Axcelis Technologies (ACLS) vs. Advanced Energy (AEIS) (americanbankingnews.com)
- B. Riley Trims Axcelis Technologies (ACLS) Target Price to $35.00 (americanbankingnews.com)
- Axcelis Technologies (ACLS) Stock Rating Upgraded by BidaskClub (americanbankingnews.com)
Several equities analysts have weighed in on the company. BidaskClub raised Axcelis Technologies from a “sell” rating to a “hold” rating in a research report on Friday, March 23rd. Zacks Investment Research downgraded Axcelis Technologies from a “hold” rating to a “strong sell” rating in a report on Friday, February 9th. Needham & Company LLC reduced their price objective on Axcelis Technologies from $36.00 to $33.00 and set a “buy” rating for the company in a research note on Wednesday, February 7th. B. Riley cut their price target on Axcelis Technologies from $39.00 to $35.00 and set a “buy” rating for the company in a research note on Wednesday, February 7th. Finally, ValuEngine upgraded Axcelis Technologies from a “hold” rating to a “buy” rating in a research note on Friday, February 2nd. One analyst has rated the stock with a sell rating, two have given a hold rating and five have given a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average price target of $32.50.
Axcelis Technologies (NASDAQ:ACLS) last released its quarterly earnings data on Tuesday, February 6th. The semiconductor company reported $0.47 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.39 by $0.08. The firm had revenue of $116.40 million during the quarter, compared to analysts’ expectations of $109.76 million. Axcelis Technologies had a return on equity of 18.64% and a net margin of 30.92%. Axcelis Technologies’s revenue was up 67.7% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.13 earnings per share. sell-side analysts anticipate that Axcelis Technologies will post 1.34 EPS for the current fiscal year.
In related news, EVP Douglas A. Lawson sold 3,478 shares of the stock in a transaction on Wednesday, March 14th. The stock was sold at an average price of $26.52, for a total transaction of $92,236.56. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Joseph P. Keithley sold 4,000 shares of the stock in a transaction on Wednesday, March 14th. The shares were sold at an average price of $26.75, for a total value of $107,000.00. The disclosure for this sale can be found here. 5.66% of the stock is currently owned by corporate insiders.
Axcelis Technologies Company Profile
Axcelis Technologies, Inc designs, manufactures, and services ion implantation and other processing equipment used in the fabrication of semiconductor chips worldwide. The company offers a line of high energy, high current, and medium current implanters for various application requirements. It also provides dry strip equipment, curing systems, and thermal processing systems.
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