Investors may find better financial performance in Axcelis Technologies Inc (ACLS)

Currently, Axcelis Technologies Inc [ACLS] is trading at $108.05, up 6.19%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The ACLS shares have gain 5.69% over the last week, with a monthly amount drifted -2.55%, and not seem to be holding up well over a long-time horizon.

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

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.

This stock has fluctuated between a low of $93.77 and a high of $170.97 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $137 within the next 12 months. Axcelis Technologies Inc [NASDAQ: ACLS] shares were valued at $108.05 at the most recent close of the market. An investor can expect a potential return of 26.79% 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 105.58 points at the first support level, and at 103.10 for the second support level. However, for the 1st resistance point, the stock is sitting at 110.35, and for the 2nd resistance point, it is at 112.64.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Axcelis Technologies Inc [NASDAQ:ACLS] is 4.42. Further, the Quick Ratio stands at 3.26, while the Cash Ratio is 0.59. Considering the valuation of this stock, the price to sales ratio is 3.17, the price to book ratio is 3.77 and price to earnings (TTM) ratio is 14.89.

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.

Related Posts