DA Davidson Has Pessimistic Outlook of ACLS FY2025 Earnings

Axcelis Technologies, Inc. (NASDAQ:ACLS) – Analysts at DA Davidson lowered their FY2025 EPS estimates for Axcelis Technologies in a report released on Wednesday, February 12th. DA Davidson analyst T. Diffely now expects that the semiconductor company will post earnings of $2.35 per share for the year, down from their previous estimate of $4.75. The consensus estimate for Axcelis Technologies’ current full-year earnings is $5.86 per share. DA Davidson also issued estimates for Axcelis Technologies’ FY2026 earnings at $5.00 EPS.

Axcelis Technologies (NASDAQ:ACLS) last posted its quarterly earnings results on Monday, February 10th. The semiconductor company reported $1.54 earnings per share (EPS) for the quarter, topping 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%.

Several other equities analysts have also recently weighed in on ACLS. Benchmark cut shares of 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. Craig Hallum lowered their price objective on shares of Axcelis Technologies from $115.00 to $105.00 and set a “buy” rating on the stock in a research report on Wednesday, January 15th. Finally, William Blair cut shares of Axcelis Technologies from an “outperform” rating to a “market perform” rating in a research report on Wednesday. Four analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, Axcelis Technologies presently has an average rating of “Hold” and an average target price of $154.00.

Axcelis Technologies Trading Up 3.1 %

Axcelis Technologies stock opened at $61.98 on Friday. Axcelis Technologies has a 1 year low of $56.32 and a 1 year high of $158.61. The company has a debt-to-equity ratio of 0.04, a quick ratio of 3.29 and a current ratio of 4.45. The firm has a market cap of $2.01 billion, a price-to-earnings ratio of 9.17, a price-to-earnings-growth ratio of 2.39 and a beta of 1.52. The firm’s 50 day moving average price is $70.62 and its two-hundred day moving average price is $87.81.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Van ECK Associates Corp raised its position in shares of Axcelis Technologies by 40.0% during the third quarter. Van ECK Associates Corp now owns 23,751 shares of the semiconductor company’s stock valued at $2,490,000 after buying an additional 6,786 shares during the last quarter. Royce & Associates LP raised its position in shares of Axcelis Technologies by 157.1% during the third quarter. Royce & Associates LP now owns 273,671 shares of the semiconductor company’s stock valued at $28,694,000 after buying an additional 167,235 shares during the last quarter. Harbor Capital Advisors Inc. raised its position in shares of Axcelis Technologies by 243.8% during the third quarter. Harbor Capital Advisors Inc. now owns 60,328 shares of the semiconductor company’s stock valued at $6,325,000 after buying an additional 42,779 shares during the last quarter. FMR LLC raised its position in shares of Axcelis Technologies by 51.4% during the third quarter. FMR LLC now owns 263,332 shares of the semiconductor company’s stock valued at $27,610,000 after buying an additional 89,453 shares during the last quarter. Finally, Reinhart Partners LLC. raised its position in shares of Axcelis Technologies by 50.7% during the fourth quarter. Reinhart Partners LLC. now owns 1,036,112 shares of the semiconductor company’s stock valued at $72,393,000 after buying an additional 348,504 shares during the last quarter. Institutional investors and hedge funds own 89.98% of the company’s stock.

Axcelis Technologies Company Profile

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.