Q1 Earnings Forecast for ACLS Issued By DA Davidson

Axcelis Technologies, Inc. (NASDAQ:ACLS) – Equities research analysts at DA Davidson issued their Q1 2025 earnings per share (EPS) estimates for Axcelis Technologies in a research note issued to investors on Wednesday, February 12th. DA Davidson analyst T. Diffely anticipates that the semiconductor company will post earnings of $0.39 per share for the quarter. The consensus estimate for Axcelis Technologies’ current full-year earnings is $5.86 per share.

Several other research analysts have also recently issued reports on ACLS. Craig Hallum dropped their price target on Axcelis Technologies from $115.00 to $105.00 and set a “buy” rating on the stock in a report on Wednesday, January 15th. Benchmark lowered Axcelis Technologies from a “buy” rating to a “hold” rating in a research report on Friday, November 8th. Needham & Company LLC reiterated a “hold” rating on shares of Axcelis Technologies in a research report on Wednesday. Finally, William Blair downgraded Axcelis Technologies from an “outperform” rating to a “market perform” rating in a report on Wednesday. Four research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat, Axcelis Technologies currently has a consensus rating of “Hold” and an average price target of $154.00.

Axcelis Technologies Stock Up 1.4 %

ACLS stock opened at $60.14 on Thursday. The firm has a market cap of $1.96 billion, a PE ratio of 8.90, a P/E/G ratio of 2.39 and a beta of 1.52. Axcelis Technologies has a 12 month low of $56.32 and a 12 month high of $158.61. The company has a debt-to-equity ratio of 0.04, a current ratio of 4.45 and a quick ratio of 3.29. The firm has a 50 day simple moving average of $70.94 and a 200 day simple moving average of $88.00.

Axcelis Technologies (NASDAQ:ACLS) last posted its quarterly earnings data on Monday, February 10th. The semiconductor company reported $1.54 earnings per share for the quarter, beating the consensus estimate of $1.25 by $0.29. Axcelis Technologies had a net margin of 20.65% and a return on equity of 24.16%.

Institutional Trading of Axcelis Technologies

Hedge funds have recently modified their holdings of the business. Pacer Advisors Inc. grew its holdings in shares of Axcelis Technologies by 78,037.4% during the fourth quarter. Pacer Advisors Inc. now owns 782,155 shares of the semiconductor company’s stock valued at $54,649,000 after buying an additional 781,154 shares in the last quarter. Norges Bank acquired a new stake in Axcelis Technologies during the 4th quarter worth about $36,050,000. Boston Trust Walden Corp purchased a new position in Axcelis Technologies during the 3rd quarter valued at about $53,099,000. Reinhart Partners LLC. grew its stake in Axcelis Technologies by 50.7% during the 4th quarter. Reinhart Partners LLC. now owns 1,036,112 shares of the semiconductor company’s stock valued at $72,393,000 after acquiring an additional 348,504 shares in the last quarter. Finally, American Century Companies Inc. increased its holdings in shares of Axcelis Technologies by 37.8% in the 4th quarter. American Century Companies Inc. now owns 1,060,096 shares of the semiconductor company’s stock valued at $74,069,000 after purchasing an additional 290,678 shares during the period. Hedge funds and other institutional investors own 89.98% of the company’s stock.

About Axcelis Technologies

Axcelis Technologies, Inc designs, manufactures, and services ion implantation and other processing equipment used in the fabrication of semiconductor chips in the United States, Europe, and Asia Pacific. The company offers high energy, high current, and medium current implanters for various application requirements.