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After finishing at $90.15 in the prior trading day, Axcelis Technologies Inc (NASDAQ: ACLS) closed at $85.31, down -5.37%. In other words, the price has decreased by -$5.37 from its previous closing price. On the day, 0.55 million shares were traded. ACLS stock price reached its highest trading level at $89.57 during the session, while it also had its lowest trading level at $85.26.
Ratios:
Our goal is to gain a better understanding of ACLS by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.07 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 18.21. 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 2782607360 and an Enterprise Value of 2307719424. As of this moment, Axcelis’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.75, and their Forward P/E ratio for the next fiscal year is 11.69. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.92. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.50 while its Price-to-Book (P/B) ratio in mrq is 2.98. Its current Enterprise Value per Revenue stands at 2.076 whereas that against EBITDA is 8.581.
Stock Price History:
Over the past 52 weeks, ACLS has reached a high of $158.61, while it has fallen to a 52-week low of $88.31. The 50-Day Moving Average of the stock is -14.55%, while the 200-Day Moving Average is calculated to be -25.51%.
Shares Statistics:
The stock has traded on average 631.62K shares per day over the past 3-months and 524870 shares per day over the last 10 days, according to various share statistics. A total of 32.69M shares are outstanding, with a floating share count of 32.09M. Insiders hold about 1.62% of the company’s shares, while institutions hold 96.89% stake in the company. Shares short for ACLS as of 1728950400 were 1791247 with a Short Ratio of 2.84, compared to 1726185600 on 2190559. Therefore, it implies a Short% of Shares Outstanding of 1791247 and a Short% of Float of 8.09.
