Axcelis Technologies, Inc. (NASDAQ:ACLS – Free Report) – Stock analysts at DA Davidson increased their FY2025 EPS estimates for Axcelis Technologies in a research note issued to investors on Wednesday, May 7th. DA Davidson analyst T. Diffely now anticipates that the semiconductor company will post earnings of $3.40 per share for the year, up from their prior estimate of $2.35. The consensus estimate for Axcelis Technologies’ current full-year earnings is $2.55 per share. DA Davidson also issued estimates for Axcelis Technologies’ FY2026 earnings at $4.40 EPS.
Axcelis Technologies (NASDAQ:ACLS – Get Free Report) last issued its quarterly earnings results on Tuesday, May 6th. The semiconductor company reported $1.04 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.39 by $0.65. Axcelis Technologies had a return on equity of 21.02% and a net margin of 19.75%. The firm had revenue of $192.56 million for the quarter, compared to analyst estimates of $184.86 million. During the same period in the previous year, the company posted $1.57 earnings per share. The company’s quarterly revenue was down 23.7% compared to the same quarter last year.
Read Our Latest Research Report on ACLS
Axcelis Technologies Price Performance
Shares of Axcelis Technologies stock opened at $57.64 on Friday. Axcelis Technologies has a twelve month low of $40.40 and a twelve month high of $158.61. The company has a debt-to-equity ratio of 0.04, a quick ratio of 4.05 and a current ratio of 5.41. The firm has a market cap of $1.85 billion, a P/E ratio of 9.37, a price-to-earnings-growth ratio of 4.52 and a beta of 1.52. The firm’s 50-day simple moving average is $51.61 and its 200-day simple moving average is $65.28.
Institutional Inflows and Outflows
Several large investors have recently bought and sold shares of ACLS. Signaturefd LLC raised its position in shares of Axcelis Technologies by 90.6% during the fourth quarter. Signaturefd LLC now owns 364 shares of the semiconductor company’s stock worth $25,000 after acquiring an additional 173 shares during the last quarter. Versant Capital Management Inc lifted its holdings in Axcelis Technologies by 118.7% in the first quarter. Versant Capital Management Inc now owns 584 shares of the semiconductor company’s stock valued at $29,000 after buying an additional 317 shares during the period. Fifth Third Bancorp boosted its stake in Axcelis Technologies by 160.5% in the first quarter. Fifth Third Bancorp now owns 581 shares of the semiconductor company’s stock valued at $29,000 after acquiring an additional 358 shares during the last quarter. Avior Wealth Management LLC grew its holdings in Axcelis Technologies by 1,153.8% during the 4th quarter. Avior Wealth Management LLC now owns 489 shares of the semiconductor company’s stock worth $34,000 after acquiring an additional 450 shares during the period. Finally, Capital Advisors Ltd. LLC raised its position in shares of Axcelis Technologies by 1,415.2% during the 4th quarter. Capital Advisors Ltd. LLC now owns 500 shares of the semiconductor company’s stock valued at $35,000 after acquiring an additional 467 shares during the last quarter. Institutional investors and hedge funds own 89.98% of the company’s stock.
Axcelis Technologies declared that its board has authorized a stock repurchase plan on Wednesday, March 12th that authorizes the company to repurchase $100.00 million in outstanding shares. This repurchase authorization authorizes the semiconductor company to buy up to 5.2% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company’s management believes its stock is undervalued.
Axcelis Technologies Company Profile
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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