Media coverage about Axcelis Technologies (NASDAQ:ACLS) has been trending somewhat positive this week, Accern reports. The research firm rates the sentiment of press coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Axcelis Technologies earned a news sentiment score of 0.06 on Accern’s scale. Accern also gave media coverage about the semiconductor company an impact score of 46.1847025343285 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Here are some of the news headlines that may have effected Accern’s analysis:
A number of analysts recently commented on the stock. ValuEngine cut shares of Axcelis Technologies from a “buy” rating to a “hold” rating in a research note on Monday, October 2nd. Zacks Investment Research cut shares of Axcelis Technologies from a “buy” rating to a “hold” rating in a research note on Friday, September 22nd. Benchmark Co. reiterated a “buy” rating and issued a $28.00 target price (up from $24.00) on shares of Axcelis Technologies in a research note on Friday, September 8th. B. Riley reiterated a “buy” rating and issued a $30.00 target price on shares of Axcelis Technologies in a research note on Friday, August 4th. Finally, BidaskClub cut shares of Axcelis Technologies from a “hold” rating to a “sell” rating in a research note on Saturday, August 5th. One research analyst has rated the stock with a sell rating, three have given a hold rating and three have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $25.67.
Shares of Axcelis Technologies (NASDAQ:ACLS) opened at 32.15 on Friday. The firm’s 50-day moving average is $27.06 and its 200 day moving average is $22.87. The firm has a market capitalization of $1.00 billion, a PE ratio of 34.50 and a beta of 1.15. Axcelis Technologies has a 52 week low of $11.05 and a 52 week high of $33.67.
Axcelis Technologies (NASDAQ:ACLS) last issued its quarterly earnings data on Thursday, August 3rd. The semiconductor company reported $0.33 EPS for the quarter, missing the Zacks’ consensus estimate of $0.34 by ($0.01). The company had revenue of $102.80 million for the quarter, compared to the consensus estimate of $100.07 million. Axcelis Technologies had a return on equity of 12.52% and a net margin of 9.10%. Axcelis Technologies’s quarterly revenue was up 59.4% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.10 earnings per share. On average, equities analysts forecast that Axcelis Technologies will post $1.26 earnings per share for the current year.
In related news, EVP William J. Bintz sold 12,500 shares of the company’s stock in a transaction on Tuesday, September 12th. The stock was sold at an average price of $22.57, for a total transaction of $282,125.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Kevin J. Brewer sold 17,339 shares of the company’s stock in a transaction on Tuesday, August 22nd. The stock was sold at an average price of $20.75, for a total value of $359,784.25. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 106,641 shares of company stock valued at $2,347,514. 5.66% of the stock is owned by company insiders.
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Axcelis Technologies Company Profile
Axcelis Technologies, Inc designs, manufactures and services ion implantation and other processing equipment used in the fabrication of semiconductor chips. The Company also provides aftermarket lifecycle products and services, including used tools, spare parts, equipment upgrades, maintenance services and customer training.
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