Axcelis Applied sciences (NASDAQ:ACLS – Get Ranking) had its value goal raised by inventory analysts at B. Riley from $80.00 to $95.00 in a report issued on Friday, The Fly stories. B. Riley’s goal value factors to a possible upside of 21.51% from the inventory’s earlier shut. B. Riley additionally issued estimates for Axcelis Applied sciences’ Q3 2022 earnings at $1.13 EPS, This fall 2022 earnings at $1.01 EPS, FY2022 earnings at $4.68 EPS, Q1 2023 earnings at $1.08 EPS, Q2 2023 earnings at $1.18 EPS, Q3 2023 earnings at $1.24 EPS , This fall 2023 earnings at $1.27 EPS and FY2023 earnings at $4.77 EPS.
A variety of different analysts have additionally not too long ago commented on ACLS. StockNews.com minimize shares of Axcelis Applied sciences from a “strong-buy” score to a “purchase” score in a analysis notice on Wednesday, July twentieth. Needham & Firm LLC elevated their value goal on shares of Axcelis Applied sciences from $76.00 to $87.00 and gave the corporate a “purchase” score in a analysis notice on Friday. 5 analysts have rated the inventory with a purchase score, In line with MarketBeat.com, the corporate has a consensus score of “Purchase” and a mean goal value of $82.25.
Axcelis Applied sciences Inventory Efficiency
Shares of ACLS opened at $78.18 on Friday. Axcelis Applied sciences has a 12 month low of $41.31 and a 12 month excessive of $83.74. The agency has a fifty day easy transferring common of $59.30 and a 200 day easy transferring common of $62.17. The inventory has a market capitalization of $2.58 billion, a price-to-earnings ratio of 17.77 and a beta of 1.71. The corporate has a present ratio of 4.44, a fast ratio of three.02 and a debt-to-equity ratio of 0.08.
Axcelis Applied sciences (NASDAQ:ACLS – Get Ranking) final introduced its earnings outcomes on Wednesday, August third. The semiconductor firm reported $1.32 EPS for the quarter, topping the consensus estimate of $0.99 by $0.33. Axcelis Applied sciences had a internet margin of 18.47% and a return on fairness of 27.14%. Throughout the identical quarter within the earlier 12 months, the enterprise earned $0.55 earnings per share. Analysis analysts forecast that Axcelis Applied sciences will submit 4.42 EPS for the present fiscal 12 months.
Hedge Funds Weigh In On Axcelis Applied sciences
A number of massive buyers have not too long ago modified their holdings of the inventory. CWM LLC raised its place in shares of Axcelis Applied sciences by 57.7% within the first quarter. CWM LLC now owns 514 shares of the semiconductor firm’s inventory valued at $39,000 after buying a further 188 shares through the interval. Nice West Life Assurance Co. Can elevated its place in Axcelis Applied sciences by 0.7% through the first quarter. Nice West Life Assurance Co. Can now owns 28,925 shares of the semiconductor firm’s inventory value $2,243,000 after buying a further 209 shares through the interval. Mutual of America Capital Administration LLC elevated its place in Axcelis Applied sciences by 5.4% through the first quarter. Mutual of America Capital Administration LLC now owns 4,800 shares of the semiconductor firm’s inventory value $363,000 after buying a further 248 shares through the interval. Guggenheim Capital LLC elevated its place in Axcelis Applied sciences by 8.5% through the first quarter. Guggenheim Capital LLC now owns 3,237 shares of the semiconductor firm’s inventory value $244,000 after buying a further 253 shares through the interval. Lastly, Annex Advisory Providers LLC elevated its place in Axcelis Applied sciences by 9.2% through the first quarter. Annex Advisory Providers LLC now owns 4,227 shares of the semiconductor firm’s inventory value $319,000 after buying a further 356 shares through the interval. 83.38% of the inventory is owned by institutional buyers.
About Axcelis Applied sciences
Axcelis Applied sciences, Inc designs, manufactures, and providers ion implantation and different processing tools used within the fabrication of semiconductor chips in america, Europe, and Asia. The corporate presents excessive power, excessive present, and medium present implanters for numerous utility necessities.
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