As of close of business last night, Axcelis Technologies Inc.’s stock clocked out at $168.54, up 0.76% from its previous closing price of $167.27. In other words, the price has increased by $+1.27 from its previous closing price. On the day, 534371 shares were traded.
To gain a deeper understanding of ACLS’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 13.06 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 24.53. For the most recent quarter (mrq), Quick Ratio is recorded 2.60 and its Current Ratio is at 3.80. In the meantime, Its Debt-to-Equity ratio is 0.06 whereas as Long-Term Debt/Eq ratio is at 0.06.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, BofA Securities on September 15, 2023, initiated with a Buy rating and assigned the stock a target price of $225.
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Sep 14 when Redinbo Greg sold 600 shares for $180.18 per share. The transaction valued at 108,108 led to the insider holds 17,203 shares of the business.
Titinger Jorge sold 6,881 shares of ACLS for $1,220,552 on Sep 07. The Director now owns 10,315 shares after completing the transaction at $177.38 per share. On Sep 07, another insider, Low Russell, who serves as the President and CEO of the company, sold 3,405 shares for $179.25 each. As a result, the insider received 610,346 and left with 57,787 shares of the company.
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 5.53B and an Enterprise Value of 5.12B. As of this moment, Axcelis’s Price-to-Earnings (P/E) ratio for their current fiscal year is 27.15, and their Forward P/E ratio for the next fiscal year is 20.88. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.36. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.78 while its Price-to-Book (P/B) ratio in mrq is 7.42. Its current Enterprise Value per Revenue stands at 5.28 whereas that against EBITDA is 22.36.
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 $49.78. The 50-Day Moving Average of the stock is 178.79, while the 200-Day Moving Average is calculated to be 138.15.
It appears that ACLS traded 537.04K shares on average per day over the past three months and 703.27k shares per day over the past ten days. A total of 32.77M shares are outstanding, with a floating share count of 32.46M. Insiders hold about 2.30% of the company’s shares, while institutions hold 89.30% stake in the company. Shares short for ACLS as of Aug 30, 2023 were 1.36M with a Short Ratio of 1.36M, compared to 1.33M on Jul 30, 2023. Therefore, it implies a Short% of Shares Outstanding of 4.14% and a Short% of Float of 5.02%.
As of right now, 7 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $1.73 for the current quarter, with a high estimate of $1.75 and a low estimate of $1.72, while EPS last year was $1.21. The consensus estimate for the next quarter is $2, with high estimates of $2.1 and low estimates of $1.85.
Analysts are recommending an EPS of between $7.1 and $6.9 for the fiscal current year, implying an average EPS of $7.04. EPS for the following year is $8.07, with 7 analysts recommending between $8.49 and $7.47.
In the current quarter, 7 analysts expect revenue to total $280.24M. It ranges from a high estimate of $282.57M to a low estimate of $279.4M. As of the current estimate, Axcelis Technologies Inc.’s year-ago sales were $224.38M, an estimated increase of 24.90% from the year-ago figure. For the next quarter, 7 analysts are estimating revenue of $292.35M, an increase of 9.90% less than the figure of $24.90% in the same quarter last year. There is a high estimate of $296.22M for the next quarter, whereas the lowest estimate is $285M.
A total of 7 analysts have provided revenue estimates for ACLS’s current fiscal year. The highest revenue estimate was $1.1B, while the lowest revenue estimate was $1.09B, resulting in an average revenue estimate of $1.1B. In the same quarter a year ago, actual revenue was $920M, up 19.60% from the average estimate. Based on 7 analysts’ estimates, the company’s revenue will be $1.22B in the next fiscal year. The high estimate is $1.24B and the low estimate is $1.2B. The average revenue growth estimate for next year is up 11.00% from the average revenue estimate for this year.