A new trading day began on Monday, with Axcelis Technologies Inc (NASDAQ: ACLS) stock price down -4.27% from the previous day of tradingbefore settling in for the closing price of $103.27. ACLS’s price has ranged from $93.77 to $181.45 over the past 52 weeks.
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During the last 5-year period, the sales growth of Technology Sector giant was 23.45%. Meanwhile, its annual earnings per share averaged -18.41%. With a float of $32.09 million, this company’s outstanding shares have now reached $32.69 million.
Let’s determine the extent of company efficiency that accounts for 1620 employees. 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) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing in this stock of the Semiconductor Equipment & Materials Industry. The insider ownership of Axcelis Technologies Inc is 1.62%, while institutional ownership is 94.92%. 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) Recent Fiscal highlights
In its latest quarterly report, released on 6/30/2024, the company reported earnings of 1.99 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). 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
Here are Axcelis Technologies Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 3.26. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.90. Likewise, its price to free cash flow for the trailing twelve months is 21.10.
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)
Looking closely at Axcelis Technologies Inc (NASDAQ: ACLS), its last 5-days average volume was 0.56 million, which is a drop from its year-to-date volume of 0.62 million. As of the previous 9 days, the stock’s Stochastic %D was 43.64%. Additionally, its Average True Range was 5.25.
During the past 100 days, Axcelis Technologies Inc’s (ACLS) raw stochastic average was set at 5.14%, which indicates a significant decrease from 18.25% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 47.39% in the past 14 days, which was lower than the 59.23% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $117.81, while its 200-day Moving Average is $119.19. However, in the short run, Axcelis Technologies Inc’s stock first resistance to watch stands at $101.25. Second resistance stands at $103.64. The third major resistance level sits at $106.15. If the price goes on to break the first support level at $96.35, it is likely to go to the next support level at $93.84. Now, if the price goes above the second support level, the third support stands at $91.45.
Axcelis Technologies Inc (NASDAQ: ACLS) Key Stats
With a market capitalization of 3.22 billion, the company has a total of 32,532K Shares Outstanding. Currently, annual sales are 1,131 M while annual income is 246,260 K. The company’s previous quarter sales were 256,510 K while its latest quarter income was 50,870 K.
