We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Axcelis Technologies (ACLS) Rises As Market Takes a Dip: Key Facts
Read MoreHide Full Article
Axcelis Technologies (ACLS - Free Report) closed the most recent trading day at $106.58, moving +1.76% from the previous trading session. The stock outperformed the S&P 500, which registered a daily loss of 0.52%. On the other hand, the Dow registered a loss of 1.24%, and the technology-centric Nasdaq decreased by 0.21%.
Prior to today's trading, shares of the semiconductor services company had lost 9.82% lagged the Computer and Technology sector's loss of 7.7% and the S&P 500's loss of 1.21%.
Market participants will be closely following the financial results of Axcelis Technologies in its upcoming release. The company plans to announce its earnings on November 5, 2026. The company is predicted to post an EPS of $1.11, indicating a 8.26% decline compared to the equivalent quarter last year. Alongside, our most recent consensus estimate is anticipating revenue of $230.05 million, indicating a 7.7% upward movement from the same quarter last year.
For the full year, the Zacks Consensus Estimates are projecting earnings of $4.12 per share and revenue of $883.6 million, which would represent changes of -15.57% and +5.31%, respectively, from the prior year.
It is also important to note the recent changes to analyst estimates for Axcelis Technologies. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Axcelis Technologies presently features a Zacks Rank of #3 (Hold).
From a valuation perspective, Axcelis Technologies is currently exchanging hands at a Forward P/E ratio of 25.42. This expresses no noticeable deviation compared to the average Forward P/E of 25.42 of its industry.
Meanwhile, ACLS's PEG ratio is currently 2.63. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The average PEG ratio for the Electronics - Manufacturing Machinery industry stood at 1.53 at the close of the market yesterday.
The Electronics - Manufacturing Machinery industry is part of the Computer and Technology sector. With its current Zacks Industry Rank of 175, this industry ranks in the bottom 29% of all industries, numbering over 250.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow ACLS in the coming trading sessions, be sure to utilize Zacks.com.
View the Zacks #1 Rank List
Image: Bigstock
Axcelis Technologies (ACLS) Rises As Market Takes a Dip: Key Facts
Axcelis Technologies (ACLS - Free Report) closed the most recent trading day at $106.58, moving +1.76% from the previous trading session. The stock outperformed the S&P 500, which registered a daily loss of 0.52%. On the other hand, the Dow registered a loss of 1.24%, and the technology-centric Nasdaq decreased by 0.21%.
Prior to today's trading, shares of the semiconductor services company had lost 9.82% lagged the Computer and Technology sector's loss of 7.7% and the S&P 500's loss of 1.21%.
Market participants will be closely following the financial results of Axcelis Technologies in its upcoming release. The company plans to announce its earnings on November 5, 2026. The company is predicted to post an EPS of $1.11, indicating a 8.26% decline compared to the equivalent quarter last year. Alongside, our most recent consensus estimate is anticipating revenue of $230.05 million, indicating a 7.7% upward movement from the same quarter last year.
For the full year, the Zacks Consensus Estimates are projecting earnings of $4.12 per share and revenue of $883.6 million, which would represent changes of -15.57% and +5.31%, respectively, from the prior year.
It is also important to note the recent changes to analyst estimates for Axcelis Technologies. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Axcelis Technologies presently features a Zacks Rank of #3 (Hold).
From a valuation perspective, Axcelis Technologies is currently exchanging hands at a Forward P/E ratio of 25.42. This expresses no noticeable deviation compared to the average Forward P/E of 25.42 of its industry.
Meanwhile, ACLS's PEG ratio is currently 2.63. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The average PEG ratio for the Electronics - Manufacturing Machinery industry stood at 1.53 at the close of the market yesterday.
The Electronics - Manufacturing Machinery industry is part of the Computer and Technology sector. With its current Zacks Industry Rank of 175, this industry ranks in the bottom 29% of all industries, numbering over 250.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow ACLS in the coming trading sessions, be sure to utilize Zacks.com.