2 weeks Ago By ABMN Staff
Axcelis Technologies, Inc. ( NASDAQ:ACLS – Get Free Report ) saw a large growth in short interest during the month of September. As of September 15th, there was short interest totalling 2,190,000 shares, a growth of 7.
9% from the August 31st total of 2,030,000 shares. Based on an average daily volume of 659,900 shares, the short-interest ratio is currently 3.3 days.
Currently, 6.8% of the shares of the company are short sold. Axcelis Technologies Trading Down 2.
3 % NASDAQ ACLS opened at $104.85 on Tuesday. Axcelis Technologies has a 52 week low of $93.
77 and a 52 week high of $170.97. The company has a current ratio of 4.
42, a quick ratio of 3.26 and a debt-to-equity ratio of 0.05.
The stock has a market cap of $3.41 billion, a P/E ratio of 13.85, a PEG ratio of 3.
09 and a beta of 1.58. The company’s fifty day simple moving average is $109.
78 and its 200-day simple moving average is $116.03. Axcelis Technologies ( NASDAQ:ACLS – Get Free Report ) last posted its quarterly earnings data on Wednesday, July 31st.
The semiconductor company reported $1.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.37 by $0.
18. The company had revenue of $256.51 million for the quarter, compared to the consensus estimate of $250.
06 million. Axcelis Technologies had a return on equity of 27.35% and a net margin of 21.
54%. Axcelis Technologies’s revenue for the quarter was down 6.4% compared to the same quarter last year.
During the same period in the previous year, the business earned $1.86 EPS. Equities research analysts predict that Axcelis Technologies will post 6.
05 EPS for the current fiscal year. Insiders Place Their Bets Institutional Inflows and Outflows A number of large investors have recently bought and sold shares of ACLS. Signaturefd LLC increased its stake in Axcelis Technologies by 348.
9% during the second quarter. Signaturefd LLC now owns 211 shares of the semiconductor company’s stock valued at $30,000 after purchasing an additional 164 shares during the last quarter. GAMMA Investing LLC grew its stake in Axcelis Technologies by 109.
4% during the 1st quarter. GAMMA Investing LLC now owns 266 shares of the semiconductor company’s stock worth $30,000 after buying an additional 139 shares during the last quarter. Blue Trust Inc.
increased its position in Axcelis Technologies by 223.8% in the second quarter. Blue Trust Inc.
now owns 272 shares of the semiconductor company’s stock worth $39,000 after buying an additional 188 shares during the period. Ashton Thomas Private Wealth LLC bought a new stake in Axcelis Technologies in the second quarter valued at $39,000. Finally, Meeder Asset Management Inc.
acquired a new stake in shares of Axcelis Technologies in the 2nd quarter worth about $69,000. Institutional investors own 89.98% of the company’s stock.
Wall Street Analysts Forecast Growth A number of analysts recently commented on the stock. Needham & Company LLC reissued a “hold” rating on shares of Axcelis Technologies in a report on Friday, August 2nd. DA Davidson boosted their price objective on shares of Axcelis Technologies from $150.
00 to $175.00 and gave the company a “buy” rating in a research report on Monday, July 15th. B.
Riley reduced their price target on Axcelis Technologies from $190.00 to $165.00 and set a “buy” rating on the stock in a research note on Friday, August 2nd.
Craig Hallum upped their price objective on Axcelis Technologies from $130.00 to $174.00 and gave the stock a “buy” rating in a report on Friday, July 12th.
Finally, Bank of America boosted their target price on Axcelis Technologies from $125.00 to $150.00 and gave the stock a “neutral” rating in a report on Wednesday, July 10th.
Three investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $167.33.
Get Our Latest Stock Report on ACLS 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. Featured 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.
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