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The price of Axcelis Technologies Inc (NASDAQ: ACLS) closed at $59.30 in the last session, down -12.25% from day before closing price of $67.58. In other words, the price has decreased by -$12.25 from its previous closing price. On the day, 2.27 million shares were traded. ACLS stock price reached its highest trading level at $63.2 during the session, while it also had its lowest trading level at $57.685.
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 3.37 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.98. 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 0.04 whereas as Long-Term Debt/Eq ratio is at 0.04.
On May 03, 2024, Craig Hallum Upgraded its rating to Buy which previously was Hold but kept the price unchanged to $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 1919244416 and an Enterprise Value of 1691932928. As of this moment, Axcelis’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.65, and their Forward P/E ratio for the next fiscal year is 12.00. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.89 while its Price-to-Book (P/B) ratio in mrq is 1.91. Its current Enterprise Value per Revenue stands at 1.573 whereas that against EBITDA is 6.91.
Stock Price History:
The Beta on a monthly basis for ACLS is 1.59, which has changed by -0.43963516 over the last 52 weeks, in comparison to a change of 0.21313763 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 $63.08. The 50-Day Moving Average of the stock is -16.75%, while the 200-Day Moving Average is calculated to be -40.90%.
Shares Statistics:
According to the various share statistics, ACLS traded on average about 613.90K shares per day over the past 3-months and 695970 shares per day over the past 10 days. A total of 32.69M shares are outstanding, with a floating share count of 31.96M. Insiders hold about 1.67% of the company’s shares, while institutions hold 98.72% stake in the company. Shares short for ACLS as of 1736899200 were 4530614 with a Short Ratio of 7.38, compared to 1734048000 on 4394865. Therefore, it implies a Short% of Shares Outstanding of 4530614 and a Short% of Float of 20.560000000000002.
Earnings Estimates
The stock of Axcelis Technologies Inc (ACLS) is currently drawing attention from 4.0 analysts actively involved in the ongoing evaluation and rating process.The consensus estimate for the next quarter is $1.15, with high estimates of $1.24 and low estimates of $1.05.
Analysts are recommending an EPS of between $5.54 and $4.45 for the fiscal current year, implying an average EPS of $5.07. EPS for the following year is $4.34, with 3.0 analysts recommending between $5.85 and $2.16.
Revenue Estimates
According to 3 analysts, the current quarter’s revenue is expected to be $185M. It ranges from a high estimate of $185M to a low estimate of $185M. As of the current estimate, Axcelis Technologies Inc’s year-ago sales were $252.37MFor the next quarter, 3 analysts are estimating revenue of $186.7M. There is a high estimate of $190M for the next quarter, whereas the lowest estimate is $185M.
A total of 3 analysts have provided revenue estimates for ACLS’s current fiscal year. The highest revenue estimate was $801.3M, while the lowest revenue estimate was $745M, resulting in an average revenue estimate of $782.1M. In the same quarter a year ago, actual revenue was $1.02BBased on 4 analysts’ estimates, the company’s revenue will be $910.86M in the next fiscal year. The high estimate is $1.04B and the low estimate is $700M.
