Axcelis Technologies Inc (ACLS) Stock: A Closer Look at the Market Potential

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The price-to-earnings ratio for Axcelis Technologies Inc (NASDAQ: ACLS) is above average at 14.62x, Company’s 36-month beta value is 1.58.Analysts have differing opinions on the stock, with 3 analysts rating it as a “buy,” 0 as “overweight,” 2 as “hold,” and 0 as “sell.”

The public float for ACLS is 32.09M, and currently, short sellers hold a 6.83% ratio of that floaft. The average trading volume of ACLS on September 26, 2024 was 663.42K shares.

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ACLS) stock’s latest price update

Axcelis Technologies Inc (NASDAQ: ACLS) has seen a rise in its stock price by 4.29 in relation to its previous close of 101.75. However, the company has experienced a 3.80% gain in its stock price over the last five trading sessions. zacks.com reported 2024-09-25 that ASO, AVD and ACLS have been added to the Zacks Rank #24 (Strong Sell) List on September 25, 2024.

ACLS’s Market Performance

ACLS’s stock has risen by 3.80% in the past week, with a monthly drop of -4.30% and a quarterly drop of -23.89%. The volatility ratio for the week is 2.74% while the volatility levels for the last 30 days are 3.83% for Axcelis Technologies Inc The simple moving average for the last 20 days is 4.34% for ACLS stock, with a simple moving average of -10.37% for the last 200 days.

Analysts’ Opinion of ACLS

Many brokerage firms have already submitted their reports for ACLS stocks, with Craig Hallum repeating the rating for ACLS by listing it as a “Buy.” The predicted price for ACLS in the upcoming period, according to Craig Hallum is $130 based on the research report published on May 03, 2024 of the current year 2024.

BofA Securities gave a rating of “Buy” to ACLS, setting the target price at $225 in the report published on September 15th of the previous year.

ACLS Trading at -4.60% from the 50-Day Moving Average

After a stumble in the market that brought ACLS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -37.94% of loss for the given period.

Volatility was left at 3.83%, however, over the last 30 days, the volatility rate increased by 2.74%, as shares sank -1.94% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -20.66% lower at present.

During the last 5 trading sessions, ACLS rose by +4.57%, which changed the moving average for the period of 200-days by -12.87% in comparison to the 20-day moving average, which settled at $101.59. In addition, Axcelis Technologies Inc saw -18.18% in overturn over a single year, with a tendency to cut further losses.

Insider Trading

Reports are indicating that there were more than several insider trading activities at ACLS starting from DOUGLAS LAWSON, who proposed sale 7,254 shares at the price of $112.07 back on Aug 29 ’24. After this action, DOUGLAS LAWSON now owns shares of Axcelis Technologies Inc, valued at $812,928 using the latest closing price.

Titinger Jorge, the Director of Axcelis Technologies Inc, sale 6,086 shares at $109.98 during a trade that took place back on Aug 06 ’24, which means that Titinger Jorge is holding 5,891 shares at $669,338 based on the most recent closing price.

Stock Fundamentals for ACLS

Current profitability levels for the company are sitting at:

  • 0.23 for the present operating margin
  • 0.45 for the gross margin

The net margin for Axcelis Technologies Inc stands at 0.22. The total capital return value is set at 0.25. Equity return is now at value 28.52, with 19.87 for asset returns.

Based on Axcelis Technologies Inc (ACLS), the company’s capital structure generated 0.05 points at debt to capital in total, while cash flow to debt ratio is standing at 3.5. The debt to equity ratio resting at 0.05. The interest coverage ratio of the stock is 48.8.

Currently, EBITDA for the company is 278.86 million with net debt to EBITDA at -0.26. When we switch over and look at the enterprise to sales, we see a ratio of 3.08. The receivables turnover for the company is 5.91for trailing twelve months and the total asset turnover is 0.86. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.42.

Conclusion

In a nutshell, Axcelis Technologies Inc (ACLS) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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