This summary was created by AI, based on 1 opinions in the last 12 months.
Axcellis Technologies, Inc (ACLS-Q) is a semiconductor equipment company with a strong track record of revenue and EPS growth. With a focus on equipment for the fabrication of semiconductor chips, they are in high demand from EV manufacturers due to their durable methods. The company's order backlog is at $1.2 billion, and it trades at a significant discount to the Nasdaq-100 average. With a recommended stop-loss at $102 and an upside potential of 32%, ACLS-Q presents an attractive investment opportunity.
Axcellis Technologies, Inc. is a American stock, trading under the symbol ACLS-Q on the NASDAQ (ACLS). It is usually referred to as NASDAQ:ACLS or ACLS-Q
In the last year, 2 stock analysts published opinions about ACLS-Q. 2 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Axcellis Technologies, Inc..
Axcellis Technologies, Inc. was recommended as a Top Pick by on . Read the latest stock experts ratings for Axcellis Technologies, Inc..
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
In the last year, there was no coverage of Axcellis Technologies, Inc. published on Stockchase.
On 2024-10-04, Axcellis Technologies, Inc. (ACLS-Q) stock closed at a price of $100.28.
ACLS designs and manufactures processing equipment used in the fabrication of chips and is now trading at 14.2x times' Forward P/E. In Q1-2024, ACLS’s revenue was largely flat compared to last year's $252M, beating estimates of $242.6M and EPS was $1.57, beating estimates of $1.24. The operating results were solid, above the company’s guidance. The balance sheet is strong, with a net cash of $485M. The company generates healthy cash flow and returns some as buybacks. Based on consensus estimates, sales are expected to be flat this year and start to grow by 10% next year. We think there is some cyclicality in ACLS’s business but nowhere close to a secular decline. We think it looks decent today.
Unlock Premium - Try 5i Free