A share price of Axcelis Technologies Inc [ACLS] is currently trading at $73.51, down -3.57%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling.
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From an analyst’s perspective:
Axcelis Technologies Inc [NASDAQ: ACLS] stock has seen the most recent analyst activity on November 08, 2024, when The Benchmark Company downgraded its rating to a Hold. Previously, Craig Hallum upgraded its rating to Buy on May 03, 2024, and kept the price target unchanged to $130. On December 15, 2023, downgrade downgraded it’s rating to Neutral. BofA Securities started tracking the stock assigning a Buy rating and suggested a price target of $225 on September 15, 2023. Craig Hallum downgraded its rating to a Hold and raised its price target to $175 on August 04, 2023. Needham downgraded its rating to Hold for this stock on June 14, 2023. In a note dated June 05, 2023, William Blair initiated an Outperform rating.
Axcelis Technologies Inc experienced fluctuations in its stock price throughout the past year between $69.35 and $158.61. Currently, Wall Street analysts expect the stock to reach $174 within the next 12 months. Axcelis Technologies Inc [NASDAQ: ACLS] shares were valued at $73.51 at the most recent close of the market. An investor can expect a potential return of 136.7% based on the average ACLS price forecast.
Analyzing the ACLS fundamentals
Trailing Twelve Months sales for Axcelis Technologies Inc [NASDAQ:ACLS] were 1.08B which represents -12.23% decline. Gross Profit Margin for this corporation currently stands at 0.44% with Operating Profit Margin at 0.22%, Pretax Profit Margin comes in at 0.24%, and Net Profit Margin reading is 0.21%. To continue investigating profitability, this company’s Return on Assets is posted at 0.17, Equity is 0.24 and Total Capital is 0.22.
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 72.34 points at the first support level, and at 71.17 for the second support level. However, for the 1st resistance point, the stock is sitting at 75.53, and for the 2nd resistance point, it is at 77.54.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Axcelis Technologies Inc [NASDAQ:ACLS] is 4.45. Also, the Quick Ratio is 3.29, while the Cash Ratio stands at 0.48. Considering the valuation of this stock, the price to sales ratio is 2.22, the price to book ratio is 2.45 and price to earnings (TTM) ratio is 10.88.
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.
