On Tuesday, Axcelis Technologies Inc (NASDAQ: ACLS) was -7.58% drop from the session before settling in for the closing price of $109.33. A 52-week range for ACLS has been $93.77 – $196.03.
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A company in the Technology sector has jumped its sales by 23.45% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at -18.41%. With a float of $32.09 million, this company’s outstanding shares have now reached $32.69 million.
In an organization with 1620 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 44.63%, operating margin of 23.4%, and the pretax margin is 24.95%.
Axcelis Technologies Inc (ACLS) Insider and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Axcelis Technologies Inc stocks. The insider ownership of Axcelis Technologies Inc is 1.63%, while institutional ownership is 94.95%. The most recent insider transaction that took place on Aug 29 ’24, was worth 812,928. Before that another transaction happened on Aug 06 ’24, when Company’s Director sold 6,086 for $109.98, making the entire transaction worth $669,338. This insider now owns 5,891 shares in total.
Axcelis Technologies Inc (ACLS) Latest Financial update
Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted 1.99 earnings per share (EPS) during the time that was better than consensus figure (set at 1.73) by 0.26. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.52 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -18.41% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 5.50% during the next five years compared to 40.64% growth over the previous five years of trading.
Axcelis Technologies Inc (NASDAQ: ACLS) Trading Performance Indicators
You can see what Axcelis Technologies Inc (ACLS) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 3.26. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.97. Likewise, its price to free cash flow for the trailing twelve months is 21.57.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 7.26, a number that is poised to hit 1.43 in the next quarter and is forecasted to reach 7.41 in one year’s time.
Technical Analysis of Axcelis Technologies Inc (ACLS)
Let’s dig in a bit further. During the last 5-days, its volume was 0.54 million. That was inferior than the volume of 0.63 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 18.57%. Additionally, its Average True Range was 6.04.
During the past 100 days, Axcelis Technologies Inc’s (ACLS) raw stochastic average was set at 11.21%, which indicates a significant increase from 2.19% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 56.02% in the past 14 days, which was lower than the 58.96% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $125.14, while its 200-day Moving Average is $120.59. However, in the short run, Axcelis Technologies Inc’s stock first resistance to watch stands at $105.14. Second resistance stands at $109.25. The third major resistance level sits at $111.48. If the price goes on to break the first support level at $98.80, it is likely to go to the next support level at $96.57. The third support level lies at $92.46 if the price breaches the second support level.
Axcelis Technologies Inc (NASDAQ: ACLS) Key Stats
There are 32,532K outstanding shares of the company, which has a market capitalization of 3.30 billion. As of now, sales total 1,131 M while income totals 246,260 K. Its latest quarter income was 256,510 K while its last quarter net income were 50,870 K.
