Equities analysts predict that Axcelis Technologies, Inc. (NASDAQ:ACLS – Get Rating) will post sales of $193.20 million for the current quarter, according to Zacks. Two analysts have made estimates for Axcelis Technologies’ earnings, with the highest sales estimate coming in at $193.30 million and the lowest estimate coming in at $193.10 million. Axcelis Technologies posted sales of $132.78 million in the same quarter last year, which suggests a positive year over year growth rate of 45.5%. The firm is expected to issue its next earnings report on Monday, January 1st.
On average, analysts expect that Axcelis Technologies will report full year sales of $812.55 million for the current financial year, with estimates ranging from $810.10 million to $815.00 million. For the next year, analysts anticipate that the firm will post sales of $878.45 million, with estimates ranging from $861.90 million to $895.00 million. Zacks’ sales averages are a mean average based on a survey of sell-side analysts that follow Axcelis Technologies.
Axcelis Technologies (NASDAQ:ACLS – Get Rating) last released its quarterly earnings data on Monday, February 7th. The semiconductor company reported $1.05 earnings per share for the quarter, topping analysts’ consensus estimates of $0.84 by $0.21. The company had revenue of $205.68 million for the quarter, compared to analysts’ expectations of $190.04 million. Axcelis Technologies had a net margin of 14.89% and a return on equity of 19.42%. The firm’s revenue for the quarter was up 68.3% on a year-over-year basis. During the same quarter last year, the company earned $0.32 earnings per share.
In other Axcelis Technologies news, Director Dennis Thomas St sold 3,000 shares of the business’s stock in a transaction on Thursday, February 10th. The shares were sold at an average price of $72.81, for a total transaction of $218,430.00. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Mary G. Puma sold 11,000 shares of the business’s stock in a transaction on Wednesday, March 16th. The stock was sold at an average price of $69.23, for a total transaction of $761,530.00. The disclosure for this sale can be found here. Insiders sold a total of 25,636 shares of company stock worth $1,799,316 over the last three months. 2.11% of the stock is currently owned by corporate insiders.
Several institutional investors have recently added to or reduced their stakes in ACLS. NEXT Financial Group Inc boosted its position in shares of Axcelis Technologies by 1,406.9% in the 4th quarter. NEXT Financial Group Inc now owns 437 shares of the semiconductor company’s stock worth $33,000 after buying an additional 408 shares in the last quarter. Newbridge Financial Services Group Inc. boosted its position in shares of Axcelis Technologies by 183.0% in the 3rd quarter. Newbridge Financial Services Group Inc. now owns 750 shares of the semiconductor company’s stock worth $35,000 after buying an additional 485 shares in the last quarter. Covestor Ltd purchased a new stake in shares of Axcelis Technologies in the 4th quarter worth about $56,000. Advisor Group Holdings Inc. boosted its position in shares of Axcelis Technologies by 137.5% in the 3rd quarter. Advisor Group Holdings Inc. now owns 1,563 shares of the semiconductor company’s stock worth $74,000 after buying an additional 905 shares in the last quarter. Finally, Future Financial Wealth Managment LLC purchased a new stake in shares of Axcelis Technologies in the 4th quarter worth about $116,000. Institutional investors and hedge funds own 83.76% of the company’s stock.
Shares of Axcelis Technologies stock traded down $2.66 during trading on Friday, reaching $59.10. The company’s stock had a trading volume of 761,468 shares, compared to its average volume of 624,334. The company has a 50-day moving average price of $69.13 and a two-hundred day moving average price of $63.37. The firm has a market cap of $1.96 billion, a PE ratio of 20.45 and a beta of 1.55. Axcelis Technologies has a fifty-two week low of $33.36 and a fifty-two week high of $83.74. The company has a current ratio of 4.12, a quick ratio of 2.83 and a debt-to-equity ratio of 0.09.
Axcelis Technologies Company Profile (Get Rating)
Axcelis Technologies, Inc designs, manufactures, and services ion implantation and other processing equipment used in the fabrication of semiconductor chips in the United States, Europe, and Asia. The company offers high energy, high current, and medium current implanters for various application requirements.
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