In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
In the latest session, Axcelis Technologies Inc (NASDAQ: ACLS) closed at $134.74 down -8.57% from its previous closing price of $147.37. In other words, the price has decreased by -$8.57 from its previous closing price. On the day, 1.09 million shares were traded. ACLS stock price reached its highest trading level at $143.06 during the session, while it also had its lowest trading level at $134.51.
Ratios:
For a deeper understanding of Axcelis Technologies Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.27 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 30.33. 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on May 20 ’24 when KURTZWEIL JOHN T sold 1,200 shares for $114.42 per share. The transaction valued at 137,304 led to the insider holds 33,146 shares of the business.
Low Russell bought 440 shares of ACLS for $49,452 on Mar 11 ’24. The PRESIDENT AND CEO now owns 57,754 shares after completing the transaction at $112.39 per share. On Feb 29 ’24, another insider, COOGAN JAMES GORDON, who serves as the EVP AND CFO of the company, bought 100 shares for $112.23 each. As a result, the insider paid 11,223 and bolstered with 5,991 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 4795383296 and an Enterprise Value of 3927676672. As of this moment, Axcelis’s Price-to-Earnings (P/E) ratio for their current fiscal year is 17.82, and their Forward P/E ratio for the next fiscal year is 16.46. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.73. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.88 while its Price-to-Book (P/B) ratio in mrq is 4.87. Its current Enterprise Value per Revenue stands at 3.479 whereas that against EBITDA is 14.072.
Stock Price History:
The Beta on a monthly basis for ACLS is 1.59, which has changed by -0.23360443 over the last 52 weeks, in comparison to a change of 0.23228896 over the same period for the S&P500. 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 5.56%, while the 200-Day Moving Average is calculated to be 7.18%.
Shares Statistics:
For the past three months, ACLS has traded an average of 544.18K shares per day and 662650 over the past ten days. A total of 32.69M shares are outstanding, with a floating share count of 32.00M. Insiders hold about 1.65% of the company’s shares, while institutions hold 93.85% stake in the company. Shares short for ACLS as of 1719532800 were 2189806 with a Short Ratio of 4.02, compared to 1717113600 on 2411176. Therefore, it implies a Short% of Shares Outstanding of 2189806 and a Short% of Float of 9.92.
