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The price of Axcelis Technologies Inc (NASDAQ: ACLS) closed at $116.97 in the last session, up 6.12% from day before closing price of $110.22. In other words, the price has increased by $6.12 from its previous closing price. On the day, 0.68 million shares were traded. ACLS stock price reached its highest trading level at $117.57 during the session, while it also had its lowest trading level at $112.72.
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 6.96 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 24.97. For the most recent quarter (mrq), Quick Ratio is recorded 3.26 and its Current Ratio is at 4.42. In the meantime, Its Debt-to-Equity ratio is 0.08 whereas as Long-Term Debt/Eq ratio is at 0.07.
On September 15, 2023, BofA Securities started tracking the stock assigning a Buy rating and target price of $225.BofA Securities initiated its Buy rating on September 15, 2023, with a $225 target price.
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 06 ’24 when Titinger Jorge sold 6,086 shares for $109.98 per share. The transaction valued at 669,338 led to the insider holds 5,891 shares of the business.
JORGE TITINGER bought 6,086 shares of ACLS for $669,338 on Aug 06 ’24. On May 20 ’24, another insider, KURTZWEIL JOHN T, who serves as the Director of the company, sold 1,200 shares for $114.42 each. As a result, the insider received 137,304 and left with 33,146 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 3815280640 and an Enterprise Value of 3120223488. As of this moment, Axcelis’s Price-to-Earnings (P/E) ratio for their current fiscal year is 16.11, and their Forward P/E ratio for the next fiscal year is 15.80. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.93. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.43 while its Price-to-Book (P/B) ratio in mrq is 4.08. Its current Enterprise Value per Revenue stands at 2.807 whereas that against EBITDA is 11.603.
Stock Price History:
The Beta on a monthly basis for ACLS is 1.62, which has changed by -0.32976592 over the last 52 weeks, in comparison to a change of 0.24841464 over the same period for the S&P500. Over the past 52 weeks, ACLS has reached a high of $196.03, while it has fallen to a 52-week low of $93.77. The 50-Day Moving Average of the stock is -10.33%, while the 200-Day Moving Average is calculated to be -3.96%.
Shares Statistics:
According to the various share statistics, ACLS traded on average about 625.46K shares per day over the past 3-months and 829720 shares per day over the past 10 days. A total of 32.69M shares are outstanding, with a floating share count of 32.09M. Insiders hold about 1.63% of the company’s shares, while institutions hold 94.84% stake in the company. Shares short for ACLS as of 1722384000 were 2234734 with a Short Ratio of 3.57, compared to 1719532800 on 2189806. Therefore, it implies a Short% of Shares Outstanding of 2234734 and a Short% of Float of 10.09.
