A share price of Axcelis Technologies Inc [ACLS] is currently trading at $101.53, up 3.99%. An important factor to consider is whether the stock is rising or falling in short-term value. The ACLS shares have gain 1.52% over the last week, with a monthly amount drifted -8.64%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Axcelis Technologies Inc [NASDAQ: ACLS] stock has seen the most recent analyst activity on May 03, 2024, when Craig Hallum upgraded its rating to a Buy but kept the price target unchanged to $130 for it. Previously, BofA Securities downgraded its rating to Neutral on December 15, 2023. On September 15, 2023, BofA Securities initiated with a Buy rating and assigned a price target of $225 on the stock. Craig Hallum downgraded its rating to a Hold and increased its price target to $175 on August 04, 2023. Needham downgraded its rating to a Hold. In a note dated February 28, 2023, Loop Capital initiated an Buy rating and provided a target price of $150 on this stock.
Axcelis Technologies Inc experienced fluctuations in its stock price throughout the past year between $93.77 and $183.12. Currently, Wall Street analysts expect the stock to reach $137 within the next 12 months. Axcelis Technologies Inc [NASDAQ: ACLS] shares were valued at $101.53 at the most recent close of the market. An investor can expect a potential return of 34.94% based on the average ACLS price forecast.
Analyzing the ACLS fundamentals
Trailing Twelve Months sales for Axcelis Technologies Inc [NASDAQ:ACLS] were 1.11B which represents -6.37% decline. Gross Profit Margin for this corporation currently stands at 0.45% with Operating Profit Margin at 0.23%, Pretax Profit Margin comes in at 0.25%, and Net Profit Margin reading is 0.22%. To continue investigating profitability, this company’s Return on Assets is posted at 0.19, Equity is 0.27 and Total Capital is 0.25. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.05.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 97.65 points at the first support level, and at 93.78 for the second support level. However, for the 1st resistance point, the stock is sitting at 103.58, and for the 2nd resistance point, it is at 105.64.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Axcelis Technologies Inc [NASDAQ:ACLS] is 4.42. On the other hand, the Quick Ratio is 3.26, and the Cash Ratio is 0.59. Considering the valuation of this stock, the price to sales ratio is 2.98, the price to book ratio is 3.54 and price to earnings (TTM) ratio is 13.99.
Transactions by insiders
Recent insider trading involved DOUGLAS LAWSON, Officer, that happened on Aug 29 ’24 when 7254.0 shares were purchased. Director, Titinger Jorge completed a deal on Aug 06 ’24 to sell 6086.0 shares. Meanwhile, Director JORGE TITINGER bought 6086.0 shares on Aug 06 ’24.
