Axcelis Technologies Inc (NASDAQ:ACLS) Director John T. Kurtzweil sold 1,400 shares of the firm’s stock in a transaction on Friday, May 17th. The shares were sold at an average price of $16.78, for a total transaction of $23,492.00. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website.
Shares of NASDAQ:ACLS traded down $0.51 on Monday, reaching $15.99. The company’s stock had a trading volume of 624 shares, compared to its average volume of 261,767. Axcelis Technologies Inc has a 52-week low of $15.46 and a 52-week high of $25.17. The stock has a market capitalization of $543.54 million, a P/E ratio of 12.27 and a beta of 1.18. The company has a quick ratio of 3.73, a current ratio of 5.76 and a debt-to-equity ratio of 0.12.
Axcelis Technologies (NASDAQ:ACLS) last issued its quarterly earnings data on Tuesday, May 7th. The semiconductor company reported $0.18 EPS for the quarter, topping analysts’ consensus estimates of $0.11 by $0.07. Axcelis Technologies had a net margin of 9.23% and a return on equity of 9.11%. The business had revenue of $91.48 million during the quarter, compared to analysts’ expectations of $93.05 million. During the same period last year, the company posted $0.41 EPS. The business’s revenue was down 25.1% on a year-over-year basis. On average, analysts expect that Axcelis Technologies Inc will post 0.52 earnings per share for the current year.
A number of analysts have issued reports on ACLS shares. Benchmark reiterated a “buy” rating and issued a $26.00 price target on shares of Axcelis Technologies in a report on Thursday, May 9th. Northland Securities downgraded shares of Axcelis Technologies from an “outperform” rating to a “market perform” rating in a report on Wednesday, May 8th. ValuEngine upgraded shares of Axcelis Technologies from a “hold” rating to a “buy” rating in a report on Saturday, May 4th. BidaskClub upgraded shares of Axcelis Technologies from a “sell” rating to a “hold” rating in a report on Tuesday, May 7th. Finally, Craig Hallum downgraded shares of Axcelis Technologies from a “buy” rating to a “hold” rating in a report on Friday, February 8th. One analyst has rated the stock with a sell rating, three have issued a hold rating and four have given a buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of $27.25.
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Axcelis Technologies Company Profile
Axcelis Technologies, Inc designs, manufactures, and services ion implantation and other processing equipment used in the fabrication of semiconductor chips worldwide. The company offers a line of high energy, high current, and medium current implanters for various application requirements. It also provides curing systems and thermal processing systems.
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