Axcelis Technologies (NASDAQ:ACLS) Announces Earnings Results, Beats Estimates By $0.29 EPS

Axcelis Technologies (NASDAQ:ACLS) announced its quarterly earnings results on Monday. The semiconductor company reported $1.54 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.25 by $0.29, Zacks reports. Axcelis Technologies had a return on equity of 24.16% and a net margin of 20.65%. Axcelis Technologies updated its Q1 2025 guidance to 0.380-0.380 EPS.

Axcelis Technologies Trading Up 5.8 %

Shares of Axcelis Technologies stock opened at $67.58 on Tuesday. The firm has a market cap of $2.20 billion, a price-to-earnings ratio of 10.00, a PEG ratio of 2.39 and a beta of 1.52. The business has a 50-day moving average price of $71.47 and a 200-day moving average price of $88.83. The company has a quick ratio of 3.29, a current ratio of 4.45 and a debt-to-equity ratio of 0.04. Axcelis Technologies has a twelve month low of $63.08 and a twelve month high of $158.61.

Analyst Ratings Changes

Several analysts have weighed in on the company. Craig Hallum cut their price objective on Axcelis Technologies from $115.00 to $105.00 and set a “buy” rating on the stock in a research report on Wednesday, January 15th. Benchmark cut Axcelis Technologies from a “buy” rating to a “hold” rating in a research report on Friday, November 8th. Finally, Needham & Company LLC reissued a “hold” rating on shares of Axcelis Technologies in a research report on Friday, November 8th. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $154.00.

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.