Axcelis Technologies Inc (NASDAQ: ACLS) on Monday, soared 4.08% from the previous trading day, before settling in for the closing price of $74.24. Within the past 52 weeks, ACLS’s price has moved between $69.35 and $158.61.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Technology sector was 23.45%. The company achieved an average annual earnings per share of -21.18%. With a float of $31.98 million, this company’s outstanding shares have now reached $32.50 million.
Considering the fact that the conglomerate employs 1620 people, you should pay attention to its efficiency factor. 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 Activity
Observing investor behavior towards Semiconductor Equipment & Materials industry stocks is more important than anything else. The insider ownership of Axcelis Technologies Inc is 1.61%, while institutional ownership is 94.14%. 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) Earnings and Forecasts
As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported 2.15 earnings per share (EPS) for the period topping the consensus outlook (set at 2.08) by 0.07. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.07 per share during the current fiscal year.
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
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 2.33. Likewise, its price to free cash flow for the trailing twelve months is 14.28.
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 4.93 in one year’s time.
Technical Analysis of Axcelis Technologies Inc (ACLS)
Compared to the last year’s volume of 0.64 million, its volume of 0.53 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 65.45%. Additionally, its Average True Range was 3.25.
During the past 100 days, Axcelis Technologies Inc’s (ACLS) raw stochastic average was set at 9.39%, which indicates a significant decrease from 47.91% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 50.51% in the past 14 days, which was lower than the 56.34% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $89.53, while its 200-day Moving Average is $109.19. Nevertheless, the first resistance level for the watch stands at $78.78 in the near term. At $80.29, the stock is likely to face the second major resistance level. The third major resistance level sits at $82.56. If the price goes on to break the first support level at $74.99, it is likely to go to the next support level at $72.71. Should the price break the second support level, the third support level stands at $71.20.
Axcelis Technologies Inc (NASDAQ: ACLS) Key Stats
Market capitalization of the company is 2.51 billion based on 32,506K 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.
