Axcelis Technologies Inc (ACLS) with a beta value of 1.56 appears to be a promising investment opportunity.

On Friday, Axcelis Technologies Inc (NASDAQ: ACLS) was -7.14% drop from the session before settling in for the closing price of $78.85. A 52-week range for ACLS has been $78.61 – $158.61.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

During the last 5-year period, the sales growth of Technology Sector giant was 23.45%. When this article was written, the company’s average yearly earnings per share was at -21.18%. With a float of $31.98 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 44.28%, operating margin of 21.87%, and the pretax margin is 24.08%.

Axcelis Technologies Inc (ACLS) Breakdown of a Key Holders of the stock

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 1.62%, while institutional ownership is 94.10%. 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

According to the Wall Street analysts, stocks earnings will be around -21.18% 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

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 3.29. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.05. Likewise, its price to free cash flow for the trailing twelve months is 12.56.

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 4.93 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 0.81 million, which is a jump from its year-to-date volume of 0.63 million. As of the previous 9 days, the stock’s Stochastic %D was 2.31%. Additionally, its Average True Range was 3.84.

During the past 100 days, Axcelis Technologies Inc’s (ACLS) raw stochastic average was set at 0.08%, which indicates a significant decrease from 0.36% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 42.44% in the past 14 days, which was lower than the 56.68% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $94.75, while its 200-day Moving Average is $111.75. However, in the short run, Axcelis Technologies Inc’s stock first resistance to watch stands at $75.93. Second resistance stands at $78.64. The third major resistance level sits at $80.03. If the price goes on to break the first support level at $71.83, it is likely to go to the next support level at $70.44. Now, if the price goes above the second support level, the third support stands at $67.73.

Axcelis Technologies Inc (NASDAQ: ACLS) Key Stats

There are 32,506K outstanding shares of the company, which has a market capitalization of 2.21 billion. As of now, sales total 1,131 M while income totals 246,260 K. Its latest quarter income was 256,560 K while its last quarter net income were 48,580 K.