In the latest session, Axcelis Technologies Inc (NASDAQ: ACLS) closed at $112.67 up 1.76% from its previous closing price of $110.72. On the day, 841511 shares were traded.
Ratios:
For a deeper understanding of Axcelis Technologies Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.26 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 26.99. For the most recent quarter (mrq), Quick Ratio is recorded 2.71 and its Current Ratio is at 3.79. In the meantime, Its Debt-to-Equity ratio is 0.09 whereas as Long-Term Debt/Eq ratio is at 0.08.
On September 15, 2023, BofA Securities started tracking the stock assigning a Buy rating and target price of $225.
Craig Hallum Downgraded its Buy to Hold on August 04, 2023, whereas the target price for the stock was revised from $140 to $175.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Feb 29 when COOGAN JAMES GORDON bought 100 shares for $112.23 per share. The transaction valued at 11,223 led to the insider holds 5,991 shares of the business.
Lawson Douglas A. bought 500 shares of ACLS for $55,520 on Feb 23. The EVP, CORPORATE MKTG & STRATEGY now owns 19,648 shares after completing the transaction at $111.04 per share. On Dec 14, another insider, KEITHLEY JOSEPH P, who serves as the Director of the company, sold 500 shares for $140.50 each. As a result, the insider received 70,250 and left with 3,157 shares of the company.
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 3.68B and an Enterprise Value of 3.21B. As of this moment, Axcelis’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.17, and their Forward P/E ratio for the next fiscal year is 13.32. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.76. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.25 while its Price-to-Book (P/B) ratio in mrq is 4.26. Its current Enterprise Value per Revenue stands at 2.84 whereas that against EBITDA is 10.82.
Stock Price History:
Over the past 52 weeks, ACLS has reached a high of $201.00, while it has fallen to a 52-week low of $105.28. The 50-Day Moving Average of the stock is 125.06, while the 200-Day Moving Average is calculated to be 150.68.
Shares Statistics:
For the past three months, ACLS has traded an average of 736.33K shares per day and 683.25k over the past ten days. A total of 32.69M shares are outstanding, with a floating share count of 32.06M. Insiders hold about 1.73% of the company’s shares, while institutions hold 91.66% stake in the company. Shares short for ACLS as of Feb 15, 2024 were 1.56M with a Short Ratio of 2.12, compared to 1.67M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 4.78% and a Short% of Float of 5.80%.
Earnings Estimates
There are 7 different market analysts currently analyzing its stock. On average, analysts expect EPS of $1.24 for the current quarter, with a high estimate of $1.34 and a low estimate of $1.22, while EPS last year was $1.43. The consensus estimate for the next quarter is $1.49, with high estimates of $1.73 and low estimates of $1.41.
Analysts are recommending an EPS of between $7.21 and $6.14 for the fiscal current year, implying an average EPS of $6.82. EPS for the following year is $8.46, with 7 analysts recommending between $9.09 and $7.85.
Revenue Estimates
A total of 7 analysts believe the company’s revenue will be $242.61M this quarter.It ranges from a high estimate of $245M to a low estimate of $241.8M. As of the current estimate, Axcelis Technologies Inc’s year-ago sales were $254.02M, an estimated decrease of -4.50% from the year-ago figure. For the next quarter, 7 analysts are estimating revenue of $261.83M, an increase of 2.00% over than the figure of -$4.50% in the same quarter last year. There is a high estimate of $280M for the next quarter, whereas the lowest estimate is $252.6M.
A total of 7 analysts have provided revenue estimates for ACLS’s current fiscal year. The highest revenue estimate was $1.14B, while the lowest revenue estimate was $1.05B, resulting in an average revenue estimate of $1.12B. In the same quarter a year ago, actual revenue was $1.13B, down -1.20% from the average estimate. Based on 7 analysts’ estimates, the company’s revenue will be $1.26B in the next fiscal year. The high estimate is $1.3B and the low estimate is $1.17B. The average revenue growth estimate for next year is up 12.40% from the average revenue estimate for this year.
