Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
The price of Axcelis Technologies Inc (NASDAQ: ACLS) closed at $58.17 in the last session, down -2.10% from day before closing price of $59.42. In other words, the price has decreased by -$2.10 from its previous closing price. On the day, 0.63 million shares were traded. ACLS stock price reached its highest trading level at $60.8 during the session, while it also had its lowest trading level at $57.205.
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 3.27 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.54. For the most recent quarter (mrq), Quick Ratio is recorded 4.05 and its Current Ratio is at 5.41. In the meantime, Its Debt-to-Equity ratio is 0.07 whereas as Long-Term Debt/Eq ratio is at 0.07.
Craig Hallum Upgraded its Hold to Buy on May 03, 2024, while the target price for the stock was maintained at $130.
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 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 1870403968 and an Enterprise Value of 1372528256. As of this moment, Axcelis’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.47, and their Forward P/E ratio for the next fiscal year is 15.48. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.84 while its Price-to-Book (P/B) ratio in mrq is 1.86. Its current Enterprise Value per Revenue stands at 1.348 whereas that against EBITDA is 6.244.
Stock Price History:
The Beta on a monthly basis for ACLS is 1.49, which has changed by -0.45943683 over the last 52 weeks, in comparison to a change of 0.07903516 over the same period for the S&P500. Over the past 52 weeks, ACLS has reached a high of $158.61, while it has fallen to a 52-week low of $53.67. The 50-Day Moving Average of the stock is -10.98%, while the 200-Day Moving Average is calculated to be -38.82%.
Shares Statistics:
According to the various share statistics, ACLS traded on average about 673.38K shares per day over the past 3-months and 740430 shares per day over the past 10 days. A total of 32.37M shares are outstanding, with a floating share count of 31.63M. Insiders hold about 1.64% of the company’s shares, while institutions hold 96.72% stake in the company. Shares short for ACLS as of 1740700800 were 4475009 with a Short Ratio of 6.65, compared to 1738281600 on 4685463. Therefore, it implies a Short% of Shares Outstanding of 4475009 and a Short% of Float of 20.629998999999998.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
