Digging Through Axcelis Technologies, Inc. (ACLS) Fundamentals

On Friday, shares of Axcelis Technologies, Inc. (NASDAQ:ACLS) marked $27.16 per share versus a previous $27.71 closing price. With having a -1.98% loss, an insight into the fundamental values of Axcelis Technologies, Inc., investors would also find a great ally in the technical patterns of the stock movements showed in stock charts. ACLS showed a rise of 12.72% within its YTD performance, with highs and lows between $12.99 – $29.24 during the period of 52 weeks, compared to the simple moving average of 20.80% in the period of the last 200 days.

Stifel equity researchers changed the status of Axcelis Technologies, Inc. (NASDAQ: ACLS) shares from “Buy” to a “Hold” rating in the report published on June 22nd, 2020. Other analysts, including B. Riley FBR, also published their reports on ACLS shares. B. Riley FBR repeated the rating from the previous report, marking ACLS under “Buy” rating, in the report published on May 26th, 2020. Additionally, ACLS shares got another “Neutral” rating from DA Davidson. On March 19th, 2020, B. Riley FBR Downgrade an Neutral rating and increased its price target from $35 to $16. On the other hand, DA Davidson Initiated the “Buy” rating for ACLS shares, as published in the report on December 5th, 2019. Craig Hallum seems to be going bullish on the price of ACLS shares, based on the price prediction for ACLS, indicating that the shares will jump to $27, giving the shares “Buy” rating based on their report from November 4th, 2019. Another “Market Perform” rating came from Northland Capital.

Axcelis Technologies, Inc. (ACLS) Analysis

The present dividend yield for ACLS owners is set at 0, marking the return investors will get regardless of the company’s performance in the upcoming period. However, in order for the company to be able to pay its dividends, just like it is the case with Axcelis Technologies, Inc., the company needs to provide a healthy cash flow, currently at the value of 30.98. In addition, the growth of sales from quarter to quarter is recording 30.10%, hinting the company’s progress in the upcoming progress.

In order to gain a clear insight on the performance of Axcelis Technologies, Inc. (ACLS) as it may occur in the future, there are more than several well-rounded types of analysis and research techniques, while equity is most certainly one of the more important indicators into the company’s growth and performance. In this case, you want to make sure that the return on the present equity of 5.30% is enough for you to make a profit out of your investment. You may also count in the quick ratio of the company, currently set at 3.40 so you would make sure that the company is able to cover the debts it may have, which can be easily seen in annual reports of the company.

Set to affect the volatility of a given stock, the average volume can also be a valuable indicator, while ACLS is currently recording an average of 392.36K in volumes. The volatility of the stock on monthly basis is set at 4.57%, while the weekly volatility levels are marked at 4.73%with -3.65% of loss in the last seven days. Additionally, long-term investors are predicting the target price of $30.80, indicating growth from the present price of $27.16, which can represent yet another valuable research and analysis points that can help you decide whether to invest in ACLS or pass.

What to Look for When Analyzing Axcelis Technologies, Inc. Shares?

Axcelis Technologies, Inc. (ACLS) is based in the USA and it represents one of the well-known company operating with Technology sector. If you wish to compare ACLS shares with other companies under Electronic Equipment and Consumer Goods, a factor to note is the P/E value of 41.53 for Axcelis Technologies, Inc., while the value 17.74 can represent an indicator in the future growth of the company in terms of investor’s expectations. The later value should have a steady growth rate, increasing and growing gradually, which serves the purpose of reliably showcasing the progress of the company. The value 0.65 is supported by the yearly EPS growth of -63.80%.

Besides from looking into the fundamentals, you should also note the number of people inside the company owning the shares, as the values should be in line with the expectations of investors. In that spirit, the present ownership of stocks inside the company is set at 3.40%, which can provide you with an insight of how involved executives are in owning shares of the company. In oppose to the executives’ share, the institutional ownership counts 89.10% of shares, carrying an equal significance as an indicator of value, as the presence of large investors may signal a strong company.

Are Institutional Investors Increasing Stakes in ACLS Shares?

It appears that more than several institutional investors and hedge funds decided to increase stakes in ACLS in the recent period. That is how Wellington Management Co. LLP now has an increase position in ACLS by 31.34% in the first quarter, owning 2.39 million shares of ACLS stocks, with the value of $64.11 million after the purchase of an additional 569,734 shares during the last quarter. In the meanwhile, The Vanguard Group, Inc. also increased their stake in ACLS shares changed 2.60% in the first quarter, which means that the company now owns 2.09 million shares of company, all valued at $56 million after the acquisition of additional 52,787 shares during the last quarter.

Russell Investment Management LLC acquired a new position in Axcelis Technologies, Inc. during the first quarter, with the value of $29.04 million, and SSgA Funds Management, Inc. increased their stake in the company’s shares by 7.57% in the first quarter, now owning 70,346 shares valued at $26.85 million after the acquisition of the additional 1 million shares during the last quarter. At the present, 89.10% of ACLS shares are in the ownership of institutional investors.