Axcelis Technologies Inc (NASDAQ: ACLS) kicked off on Tuesday, up 1.92% from the previous trading day, before settling in for the closing price of $70.74. Over the past 52 weeks, ACLS has traded in a range of $68.23-$158.61.
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Annual sales at Technology sector company grew by 23.45% over the past five years. While this was happening, its average annual earnings per share was recorded -21.18%. With a float of $31.97 million, this company’s outstanding shares have now reached $32.50 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
Our next focus will be how large-scale investors are participating in this stock of the Semiconductor Equipment & Materials Industry. The insider ownership of Axcelis Technologies Inc is 1.66%, while institutional ownership is 94.09%. 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 -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
Take a look at Axcelis Technologies Inc’s (ACLS) current performance indicators. Last quarter, stock had a quick ratio of 3.29. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.18. Likewise, its price to free cash flow for the trailing twelve months is 13.32.
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)
Axcelis Technologies Inc (NASDAQ: ACLS) saw its 5-day average volume 0.98 million, a positive change from its year-to-date volume of 0.64 million. As of the previous 9 days, the stock’s Stochastic %D was 26.50%. Additionally, its Average True Range was 3.07.
During the past 100 days, Axcelis Technologies Inc’s (ACLS) raw stochastic average was set at 7.84%, which indicates a significant decrease from 37.61% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 35.71% in the past 14 days, which was lower than the 46.79% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $80.53, while its 200-day Moving Average is $106.10. Nevertheless, the first resistance level for the watch stands at $72.82 in the near term. At $73.54, the stock is likely to face the second major resistance level. The third major resistance level sits at $74.98. If the price goes on to break the first support level at $70.66, it is likely to go to the next support level at $69.22. The third support level lies at $68.50 if the price breaches the second support level.
Axcelis Technologies Inc (NASDAQ: ACLS) Key Stats
The company with the Market Capitalisation of 2.34 billion has total of 32,506K Shares Outstanding. Its annual sales at the moment are 1,131 M in contrast with the sum of 246,260 K annual income. Company’s last quarter sales were recorded 256,560 K and last quarter income was 48,580 K.