Axcelis Technologies Inc (NASDAQ: ACLS) on Tuesday, plunged -3.05% from the previous trading day, before settling in for the closing price of $85.33. Within the past 52 weeks, ACLS’s price has moved between $81.47 and $158.61.
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Annual sales at Technology sector company grew by 23.45% over the past five years. The company achieved an average annual earnings per share of -20.88%. With a float of $31.98 million, this company’s outstanding shares have now reached $32.69 million.
Let’s look at the performance matrix of the company that is accounted for 1620 employees. In terms of profitability, gross margin is 44.28%, operating margin of 21.87%, and the pretax margin is 24.08%.
Axcelis Technologies Inc (ACLS) Insider and Institutional Ownership
Observing investor behavior towards Semiconductor Equipment & Materials industry stocks is more important than anything else. The insider ownership of Axcelis Technologies Inc is 1.62%, while institutional ownership is 97.26%. 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
According to the Wall Street analysts, stocks earnings will be around -20.88% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 7.75% 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
Axcelis Technologies Inc (ACLS) is currently performing well based on its current performance indicators. A quick ratio of 3.29 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.50. Likewise, its price to free cash flow for the trailing twelve months is 15.28.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 6.76, a number that is poised to hit 1.25 in the next quarter and is forecasted to reach 5.12 in one year’s time.
Technical Analysis of Axcelis Technologies Inc (ACLS)
Axcelis Technologies Inc (NASDAQ: ACLS) saw its 5-day average volume 0.95 million, a positive change from its year-to-date volume of 0.63 million. As of the previous 9 days, the stock’s Stochastic %D was 27.98%. Additionally, its Average True Range was 3.81.
During the past 100 days, Axcelis Technologies Inc’s (ACLS) raw stochastic average was set at 2.39%, which indicates a significant decrease from 15.64% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 32.90% in the past 14 days, which was lower than the 55.93% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $96.07, while its 200-day Moving Average is $112.56. Nevertheless, the first resistance level for the watch stands at $85.45 in the near term. At $88.17, the stock is likely to face the second major resistance level. The third major resistance level sits at $90.46. If the price goes on to break the first support level at $80.44, it is likely to go to the next support level at $78.15. The third support level lies at $75.43 if the price breaches the second support level.
Axcelis Technologies Inc (NASDAQ: ACLS) Key Stats
Market capitalization of the company is 2.69 billion based on 32,618K outstanding shares. Right now, sales total 1,131 M and income totals 246,260 K. The company made 256,560 K in profit during its latest quarter, and 48,580 K in sales during its previous quarter.
