The price of Axcelis Technologies Inc (NASDAQ: ACLS) closed at $108.65 in the last session, down -2.90% from day before closing price of $111.89. In other words, the price has decreased by -$3.24 from its previous closing price. On the day, 791080 shares were traded.
Ratios:
We take a closer look at ACLS’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.00 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 26.03. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Mar 11 ’24 when Low Russell bought 440 shares for $112.39 per share. The transaction valued at 49,452 led to the insider holds 57,754 shares of the business.
COOGAN JAMES GORDON bought 100 shares of ACLS for $11,223 on Feb 29 ’24. The EVP AND CFO now owns 5,991 shares after completing the transaction at $112.23 per share. On Feb 23 ’24, another insider, Lawson Douglas A., who serves as the EVP, CORPORATE MKTG & STRATEGY of the company, bought 500 shares for $111.04 each. As a result, the insider paid 55,520 and bolstered with 19,648 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 3.55B and an Enterprise Value of 3.09B. As of this moment, Axcelis’s Price-to-Earnings (P/E) ratio for their current fiscal year is 14.63, and their Forward P/E ratio for the next fiscal year is 12.85. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.73. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.14 while its Price-to-Book (P/B) ratio in mrq is 4.11. Its current Enterprise Value per Revenue stands at 2.73 whereas that against EBITDA is 10.39.
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 121.00, while the 200-Day Moving Average is calculated to be 149.43.
Shares Statistics:
According to the various share statistics, ACLS traded on average about 737.32K shares per day over the past 3-months and 628.94k shares per day over the past 10 days. A total of 32.69M shares are outstanding, with a floating share count of 32.07M. Insiders hold about 1.70% of the company’s shares, while institutions hold 91.72% stake in the company. Shares short for ACLS as of Feb 29, 2024 were 1.65M with a Short Ratio of 2.24, compared to 1.5M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 5.07% and a Short% of Float of 6.16%.
Earnings Estimates
The company has 7 analysts who recommend its stock at the moment. 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
According to 7 analysts, the current quarter’s revenue is expected to be $242.61M. 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.
