Axcelis Technologies Inc. (ACLS): Trading Report of Wednesday, June 24


Axcelis Technologies Inc. (NASDAQ:ACLS) changes shares on Wednesday trading session, with a change of -4.14% or -$1.15 shares. The trading starts at $27.60 and closed at $27.77 throughout the day. The trading session low price was $26.33 and day high was $27.60 on Wednesday, June 24. After the session, the Technology sector daily volume shifted to 0.41 million while its average volume is 387.74K. In other hand, the ACLS market cap reached to $872.60M. While, its current target price is $26.62 according to WSJ.

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is down -4.45% and down -0.34% for month. Its quarterly performance was 55.85% above, while its half year performance is up 9.01%. ACLS yearly performance stood at positive 89.33% and rise 10.48% for year-to-date. Current recommendation for Axcelis Technologies Inc. is 2.00.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. ACLS EPS (TTM) for 12-month is 0.65. EPS for this year is -63.80%, while for the next year its value is 1.53. Sales growth for the current quarter is 2.04 while its EPS Q/Q reached 86.00%. It has an EPS of 26.50% up for past five years and for the next five years will be up 20.00%.

Let’s take a look on the analyst recommendations on ACLS for the current month and previous month. For the current month, 3 of 5 analysts recommend stock as Buy while 0 as Sell, 0 as overweight, 0 as underweight and 2 as Hold. As compared with the previous month ratings, 5 analysts participate in stock recommendation. Out of 5, 0 rated it sell, 4 rated it as Buy and 1 as Hold Ratings. On the other hand, target price ranges from $25.00-$35.00. Average target price for ACLS was reached at $30.80.

The insider ownership moved to 3.40% and institutional holding shifted to 89.10%.

The company posted an EPS (TTM) of 0.65. According to the most recent quarter report on (Jun 2020), 5 analysts estimated an average EPS of 0.27, while 0.02 EPS posted a year ago period. Analyst Estimated EPS for ACLS published in the report was 0.24-0.34 during the same period. Comparing with last year, the average estimated EPS was 0.02 which is lower than 0.33 which was posted for recent quarter EPS.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for ACLS rise 18.94% for period of 200 days. SMA for 50 days was 6.35% which is showing green signal, while SMA-20 was -1.49%. The moving average value for Axcelis Technologies Inc. (ACLS) is 23.70 and 26.22 for 200 and 50 days respectively.

Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in ACLS stock. On May 28, FLETCHER R JOHN, Director, sold 50,750 trading shares at the cost of $26.52, which valued at 1.35 million. On May 27, Lawson Douglas A., EVP, Corporate Mktg & Strategy, sold 8,261 shares at the cost of $27.07, with total shares of 55,205. On May 26, Low Russell, EVP, Engineering, sold 29,821 shares at the cost of 26.76. After this transaction, Low Russell total shares reached to 64,240 which valued at 0.8 million.