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The closing price of Axcelis Technologies Inc (NASDAQ: ACLS) was $100.01 for the day, down -1.02% from the previous closing price of $101.04. In other words, the price has decreased by -$1.02 from its previous closing price. On the day, 0.62 million shares were traded. ACLS stock price reached its highest trading level at $101.56 during the session, while it also had its lowest trading level at $97.77.
Ratios:
Our analysis of ACLS’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.95 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 21.35. For the most recent quarter (mrq), Quick Ratio is recorded 3.26 and its Current Ratio is at 4.42. In the meantime, Its Debt-to-Equity ratio is 0.08 whereas as Long-Term Debt/Eq ratio is at 0.07.
On September 15, 2023, BofA Securities started tracking the stock assigning a Buy rating and target price of $225.BofA Securities initiated its Buy rating on September 15, 2023, with a $225 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Aug 29 ’24 when DOUGLAS LAWSON bought 7,254 shares for $112.07 per share.
Titinger Jorge sold 6,086 shares of ACLS for $669,338 on Aug 06 ’24. The Director now owns 5,891 shares after completing the transaction at $109.98 per share. On Aug 06 ’24, another insider, JORGE TITINGER, who serves as the Director of the company, bought 6,086 shares for $109.98 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ACLS now has a Market Capitalization of 3262086144 and an Enterprise Value of 2820794112. As of this moment, Axcelis’s Price-to-Earnings (P/E) ratio for their current fiscal year is 13.78, and their Forward P/E ratio for the next fiscal year is 13.51. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.51. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.94 while its Price-to-Book (P/B) ratio in mrq is 3.49. Its current Enterprise Value per Revenue stands at 2.538 whereas that against EBITDA is 10.489.
Stock Price History:
Over the past 52 weeks, ACLS has reached a high of $196.03, while it has fallen to a 52-week low of $93.77. The 50-Day Moving Average of the stock is -20.08%, while the 200-Day Moving Average is calculated to be -17.07%.
Shares Statistics:
ACLS traded an average of 646.47K shares per day over the past three months and 495610 shares per day over the past ten days. A total of 32.69M shares are outstanding, with a floating share count of 32.09M. Insiders hold about 1.63% of the company’s shares, while institutions hold 94.95% stake in the company. Shares short for ACLS as of 1723680000 were 2153499 with a Short Ratio of 3.33, compared to 1721001600 on 2076885. Therefore, it implies a Short% of Shares Outstanding of 2153499 and a Short% of Float of 9.7200006.
