Axcelis Technologies (NASDAQ:ACLS – Get Free Report) is scheduled to be posting its quarterly earnings results after the market closes on Wednesday, May 1st. Analysts expect Axcelis Technologies to post earnings of $1.26 per share for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link.
Axcelis Technologies (NASDAQ:ACLS – Get Free Report) last announced its earnings results on Thursday, February 8th. The semiconductor company reported $2.15 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.98 by $0.17. The firm had revenue of $310.29 million during the quarter, compared to analyst estimates of $297.92 million. Axcelis Technologies had a net margin of 21.78% and a return on equity of 31.66%. Axcelis Technologies’s revenue was up 16.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.71 EPS. On average, analysts expect Axcelis Technologies to post $7 EPS for the current fiscal year and $8 EPS for the next fiscal year.
Axcelis Technologies Stock Performance
Shares of ACLS opened at $104.85 on Tuesday. The firm has a 50-day moving average price of $108.17 and a 200 day moving average price of $122.52. The firm has a market capitalization of $3.42 billion, a PE ratio of 14.11, a P/E/G ratio of 1.11 and a beta of 1.63. The company has a quick ratio of 2.71, a current ratio of 3.79 and a debt-to-equity ratio of 0.05. Axcelis Technologies has a 52-week low of $93.77 and a 52-week high of $201.00.
Insider Buying and Selling at Axcelis Technologies
Analysts Set New Price Targets
A number of equities research analysts have weighed in on the stock. B. Riley Financial cut their price target on shares of Axcelis Technologies from $180.00 to $165.00 and set a “buy” rating for the company in a report on Friday, February 9th. B. Riley cut their price target on shares of Axcelis Technologies from $180.00 to $165.00 and set a “buy” rating for the company in a report on Friday, February 9th. Four analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat, Axcelis Technologies has a consensus rating of “Moderate Buy” and a consensus price target of $189.00.
Read Our Latest Stock Analysis on Axcelis Technologies
About Axcelis Technologies
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.
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