Market Watch Highlights: Axcelis Technologies Inc (ACLS) Ends on an Upturn Note at 113.79

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As of close of business last night, Axcelis Technologies Inc’s stock clocked out at $113.79, up 0.66% from its previous closing price of $113.04. In other words, the price has increased by $0.66 from its previous closing price. On the day, 0.54 million shares were traded. ACLS stock price reached its highest trading level at $115.0 during the session, while it also had its lowest trading level at $111.52.

Ratios:

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 6.98 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 25.62. For the most recent quarter (mrq), Quick Ratio is recorded 2.87 and its Current Ratio is at 4.00. In the meantime, Its Debt-to-Equity ratio is 0.08 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.BofA Securities initiated its Buy rating on September 15, 2023, with a $225 target price.

Insider Transactions:

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 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 3701873152 and an Enterprise Value of 3246120960. As of this moment, Axcelis’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.05, and their Forward P/E ratio for the next fiscal year is 14.05. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.75. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.28 while its Price-to-Book (P/B) ratio in mrq is 4.11. Its current Enterprise Value per Revenue stands at 2.875 whereas that against EBITDA is 11.63.

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 $93.77. The 50-Day Moving Average of the stock is 5.44%, while the 200-Day Moving Average is calculated to be -16.36%.

Shares Statistics:

It appears that ACLS traded 584.44K shares on average per day over the past three months and 566240 shares per day over the past ten days. A total of 32.69M shares are outstanding, with a floating share count of 32.02M. Insiders hold about 1.56% of the company’s shares, while institutions hold 93.65% stake in the company. Shares short for ACLS as of 1714435200 were 2034724 with a Short Ratio of 3.48, compared to 1711584000 on 1974322. Therefore, it implies a Short% of Shares Outstanding of 2034724 and a Short% of Float of 9.22.

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