Axcelis Technologies (ACLS) Expected to Announce Quarterly Earnings on Monday

Axcelis Technologies (NASDAQ:ACLS) is expected to be posting its quarterly earnings results after the market closes on Monday, February 10th. Analysts expect Axcelis Technologies to post earnings of $1.25 per share and revenue of $244.95 million for the quarter. Parties that wish to register for the company’s conference call can do so using this link.

Axcelis Technologies Price Performance

NASDAQ:ACLS opened at $68.00 on Monday. The business’s 50-day moving average price is $72.37 and its 200 day moving average price is $91.47. The firm has a market cap of $2.21 billion, a P/E ratio of 10.06, a PEG ratio of 2.50 and a beta of 1.53. 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 52-week low of $66.75 and a 52-week high of $158.61.

Wall Street Analysts Forecast Growth

ACLS has been the subject of several analyst reports. Needham & Company LLC reaffirmed a “hold” rating on shares of Axcelis Technologies in a report on Friday, November 8th. Craig Hallum dropped their target price on shares of Axcelis Technologies from $115.00 to $105.00 and set a “buy” rating on the stock in a research report on Wednesday, January 15th. Finally, Benchmark lowered shares of Axcelis Technologies from a “buy” rating to a “hold” rating in a research note on Friday, November 8th. Three research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $155.83.

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.