Axcelis Technologies, Inc. (NASDAQ:ACLS) Given Average Recommendation of “Hold” by Analysts

Axcelis Technologies, Inc. (NASDAQ:ACLSGet Free Report) has been assigned a consensus rating of “Hold” from the six research firms that are presently covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is $116.25.

A number of analysts recently weighed in on ACLS shares. B. Riley Financial raised shares of Axcelis Technologies from a “neutral” rating to a “buy” rating and set a $150.00 target price on the stock in a report on Monday, April 20th. Zacks Research raised shares of Axcelis Technologies from a “strong sell” rating to a “hold” rating in a report on Monday, April 20th. Finally, Weiss Ratings lowered shares of Axcelis Technologies from a “hold (c)” rating to a “hold (c-)” rating in a report on Tuesday, May 12th.

Read Our Latest Report on ACLS

Insider Activity

In other news, EVP Christopher Tatnall sold 1,166 shares of the firm’s stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $149.75, for a total transaction of $174,608.50. Following the sale, the executive vice president owned 27,627 shares in the company, valued at approximately $4,137,143.25. This trade represents a 4.05% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Eileen Evans sold 926 shares of the firm’s stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $155.51, for a total transaction of $144,002.26. Following the sale, the executive vice president owned 31,295 shares in the company, valued at approximately $4,866,685.45. This trade represents a 2.87% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 36,039 shares of company stock worth $5,461,394. Corporate insiders own 0.49% of the company’s stock.

Institutional Trading of Axcelis Technologies

Institutional investors and hedge funds have recently made changes to their positions in the stock. UBS Group AG grew its holdings in shares of Axcelis Technologies by 67.6% during the 4th quarter. UBS Group AG now owns 213,388 shares of the semiconductor company’s stock valued at $17,144,000 after purchasing an additional 86,065 shares during the last quarter. Oliver Luxxe Assets LLC bought a new position in shares of Axcelis Technologies during the 4th quarter valued at $1,451,000. Old West Investment Management LLC bought a new position in shares of Axcelis Technologies during the 3rd quarter valued at $1,588,000. Jackson Creek Investment Advisors LLC bought a new position in shares of Axcelis Technologies during the 3rd quarter valued at $2,177,000. Finally, Burney Co. bought a new position in shares of Axcelis Technologies during the 4th quarter valued at $1,986,000. Hedge funds and other institutional investors own 89.98% of the company’s stock.

Axcelis Technologies Stock Performance

Axcelis Technologies stock opened at $147.16 on Tuesday. The firm’s 50 day simple moving average is $134.84 and its 200 day simple moving average is $103.37. The company has a current ratio of 4.59, a quick ratio of 2.99 and a debt-to-equity ratio of 0.04. The firm has a market capitalization of $4.52 billion, a PE ratio of 45.84, a price-to-earnings-growth ratio of 10.42 and a beta of 1.91. Axcelis Technologies has a 1-year low of $61.50 and a 1-year high of $171.61.

Axcelis Technologies (NASDAQ:ACLSGet Free Report) last posted its earnings results on Thursday, May 7th. The semiconductor company reported $0.72 earnings per share 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%. Axcelis Technologies’s revenue was up 3.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.88 EPS. Axcelis Technologies has set its Q2 2026 guidance at 0.900- EPS. As a group, analysts expect that Axcelis Technologies will post 3.21 earnings per share for the current fiscal year.

About Axcelis Technologies

(Get Free Report)

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.

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Analyst Recommendations for Axcelis Technologies (NASDAQ:ACLS)

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