Axcelis Technologies, Inc. (NASDAQ:ACLS) Given Consensus Recommendation of “Hold” by Brokerages

Axcelis Technologies, Inc. (NASDAQ:ACLS) has received an average rating of “Hold” from the six research firms that are presently covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the company. The average 12-month price target among brokerages that have covered the stock in the last year is $130.25.

ACLS has been the subject of a number of recent research reports. Zacks Research raised shares of Axcelis Technologies from a “strong sell” rating to a “hold” rating in a research report on Monday, April 20th. B. Riley Financial raised Axcelis Technologies from a “neutral” rating to a “buy” rating and set a $150.00 price objective on the stock in a research note on Monday, April 20th. Bank of America raised their target price on shares of Axcelis Technologies from $130.00 to $156.00 and gave the stock an “underperform” rating in a report on Tuesday. Finally, Weiss Ratings downgraded Axcelis Technologies from a “hold (c)” rating to a “hold (c-)” rating in a report on Tuesday, May 12th.

Axcelis Technologies Stock Performance

NASDAQ:ACLS opened at $173.23 on Friday. The firm has a 50-day moving average of $156.90 and a two-hundred day moving average of $113.17. The company has a debt-to-equity ratio of 0.04, a current ratio of 4.59 and a quick ratio of 2.99. The stock has a market cap of $5.32 billion, a P/E ratio of 53.97, a PEG ratio of 12.79 and a beta of 1.91. Axcelis Technologies has a 1-year low of $65.64 and a 1-year high of $193.78.

Axcelis Technologies (NASDAQ:ACLS) last released its quarterly earnings results on Thursday, May 7th. The semiconductor company reported $0.72 earnings per share for the quarter, topping analysts’ consensus estimates of $0.71 by $0.01. The business had revenue of $198.96 million during the quarter, compared to the consensus estimate of $195.03 million. Axcelis Technologies had a net margin of 11.93% and a return on equity of 12.19%. The business’s quarterly revenue was up 3.3% compared to the same quarter last year. During the same quarter last year, the company earned $0.88 earnings per share. Axcelis Technologies has set its Q2 2026 guidance at 0.900- EPS. On average, research analysts expect that Axcelis Technologies will post 3.21 earnings per share for the current fiscal year.

Insider Buying and Selling at Axcelis Technologies

In other Axcelis Technologies news, VP Todd Sutton sold 2,000 shares of the business’s stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of $159.99, for a total value of $319,980.00. Following the completion of the sale, the vice president owned 6,360 shares of the company’s stock, valued at $1,017,536.40. The trade was a 23.92% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Christopher Tatnall sold 1,166 shares of the business’s stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $149.75, for a total transaction of $174,608.50. Following the completion of the sale, the executive vice president owned 27,627 shares of the company’s stock, valued at $4,137,143.25. The trade was a 4.05% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 36,039 shares of company stock worth $5,461,394 over the last quarter. Insiders own 0.49% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. REAP Financial Group LLC acquired a new position in shares of Axcelis Technologies in the fourth quarter valued at $25,000. Close Asset Management Ltd acquired a new position in Axcelis Technologies in the third quarter valued at about $27,000. EverSource Wealth Advisors LLC grew its position in Axcelis Technologies by 145.1% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 451 shares of the semiconductor company’s stock worth $31,000 after acquiring an additional 267 shares during the last quarter. Caitlin John LLC bought a new stake in shares of Axcelis Technologies during the third quarter worth $32,000. Finally, Advisory Services Network LLC acquired a new stake in Axcelis Technologies in the 3rd quarter valued at about $32,000. Institutional investors own 89.98% of the company’s stock.

About Axcelis Technologies

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.