Axcelis Technologies (NASDAQ:ACLS) Rating Increased to Buy at B. Riley Financial

B. Riley Financial upgraded shares of Axcelis Technologies (NASDAQ:ACLS) from a neutral rating to a buy rating in a research note published on Monday, MarketBeat Ratings reports. They currently have $150.00 price target on the semiconductor company’s stock.

A number of other research firms have also recently weighed in on ACLS. Zacks Research cut Axcelis Technologies from a “hold” rating to a “strong sell” rating in a research note on Friday, February 20th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Axcelis Technologies in a report on Monday, December 22nd. Wall Street Zen lowered shares of Axcelis Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, January 3rd. Finally, Bank of America lifted their target price on shares of Axcelis Technologies from $90.00 to $100.00 and gave the stock an “underperform” rating in a report on Tuesday, January 13th. Three equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $116.25.

Axcelis Technologies Trading Up 10.4%

Shares of NASDAQ:ACLS opened at $131.02 on Monday. Axcelis Technologies has a 52-week low of $43.00 and a 52-week high of $132.20. The company has a market capitalization of $4.03 billion, a P/E ratio of 34.57, a price-to-earnings-growth ratio of 14.19 and a beta of 1.65. The company has a 50-day simple moving average of $93.22 and a 200 day simple moving average of $88.15. The company has a debt-to-equity ratio of 0.04, a quick ratio of 3.11 and a current ratio of 4.77.

Axcelis Technologies (NASDAQ:ACLS) last announced its quarterly earnings results on Tuesday, February 17th. The semiconductor company reported $1.49 earnings per share for the quarter, topping analysts’ consensus estimates of $1.12 by $0.37. The firm had revenue of $238.33 million for the quarter, compared to the consensus estimate of $215.04 million. Axcelis Technologies had a return on equity of 13.73% and a net margin of 14.33%.The business’s revenue was down 5.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.54 earnings per share. Axcelis Technologies has set its Q1 2026 guidance at 0.710-0.710 EPS. Sell-side analysts forecast that Axcelis Technologies will post 2.86 earnings per share for the current year.

Insider Transactions at Axcelis Technologies

In related news, Director Jorge Titinger sold 1,000 shares of the business’s stock in a transaction that occurred on Friday, February 20th. The stock was sold at an average price of $80.00, for a total value of $80,000.00. Following the completion of the sale, the director directly owned 6,477 shares in the company, valued at approximately $518,160. The trade was a 13.37% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Russell Low sold 1,244 shares of Axcelis Technologies stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $94.06, for a total value of $117,010.64. Following the completion of the transaction, the chief executive officer directly owned 132,282 shares of the company’s stock, valued at $12,442,444.92. This represents a 0.93% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.49% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Axcelis Technologies

Institutional investors and hedge funds have recently bought and sold shares of the company. Salomon & Ludwin LLC bought a new stake in shares of Axcelis Technologies during the 3rd quarter worth approximately $25,000. Close Asset Management Ltd acquired a new stake in Axcelis Technologies in the third quarter valued at about $27,000. REAP Financial Group LLC acquired a new position in Axcelis Technologies during the fourth quarter worth about $25,000. Advisory Services Network LLC acquired a new stake in shares of Axcelis Technologies in the 3rd quarter valued at approximately $32,000. Finally, Caitlin John LLC acquired a new position in Axcelis Technologies during the 3rd quarter worth approximately $32,000. Institutional investors own 89.98% of the company’s stock.

Axcelis Technologies Company Profile

Axcelis Technologies, Inc is a leading developer and manufacturer of ion implantation and cleaning equipment used in the fabrication of semiconductor chips. The company specializes in high-current, medium-current and high-energy ion implantation systems, which are critical for introducing precisely controlled dopants into silicon wafers. Axcelis also offers plasma-based cleaning and dry strip tools that support advanced process nodes in logic, memory and power device manufacturing.

The company’s product portfolio encompasses single-wafer and multi-wafer cluster tools designed to deliver high throughput, accuracy and uniformity for semiconductor process steps.