Axcelis Technologies (NASDAQ:ACLS) Releases Quarterly Earnings Results, Beats Expectations By $0.29 EPS

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

Axcelis Technologies Trading Down 12.3 %

ACLS stock opened at $59.30 on Wednesday. Axcelis Technologies has a one year low of $57.68 and a one year high of $158.61. The company has a market capitalization of $1.93 billion, a PE ratio of 8.77, a price-to-earnings-growth ratio of 2.39 and a beta of 1.52. The company’s 50 day moving average price is $71.28 and its two-hundred day moving average price is $88.45. The company has a debt-to-equity ratio of 0.04, a quick ratio of 3.29 and a current ratio of 4.45.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on the company. Benchmark cut Axcelis Technologies from a “buy” rating to a “hold” rating in a research note on Friday, November 8th. Craig Hallum lowered their price target on Axcelis Technologies from $115.00 to $105.00 and set a “buy” rating for the company in a research report on Wednesday, January 15th. Finally, Needham & Company LLC reaffirmed a “hold” rating on shares of Axcelis Technologies in a research report on Friday, November 8th. Three analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $154.00.

About Axcelis Technologies

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.