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Axcelis Technologies (ACLS) Dips More Than Broader Market: What You Should Know
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Axcelis Technologies (ACLS - Free Report) closed the most recent trading day at $112.02, moving -1.5% from the previous trading session. The stock trailed the S&P 500, which registered a daily loss of 0.31%. Meanwhile, the Dow experienced a drop of 0.25%, and the technology-dominated Nasdaq saw a decrease of 1.38%.
Coming into today, shares of the semiconductor services company had lost 13.3% in the past month. In that same time, the Computer and Technology sector lost 3.14%, while the S&P 500 gained 0.87%.
Investors will be eagerly watching for the performance of Axcelis Technologies in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on November 5, 2026. The company is expected to report EPS of $1.11, down 8.26% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $230.05 million, up 7.7% from the year-ago period.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $4.12 per share and revenue of $883.6 million. These totals would mark changes of -15.57% and +5.31%, respectively, from last year.
It's also important for investors to be aware of any recent modifications to analyst estimates for Axcelis Technologies. These revisions help to show the ever-changing nature of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. Axcelis Technologies is holding a Zacks Rank of #3 (Hold) right now.
Looking at its valuation, Axcelis Technologies is holding a Forward P/E ratio of 27.6. For comparison, its industry has an average Forward P/E of 27.6, which means Axcelis Technologies is trading at no noticeable deviation to the group.
We can also see that ACLS currently has a PEG ratio of 2.85. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. By the end of yesterday's trading, the Electronics - Manufacturing Machinery industry had an average PEG ratio of 1.69.
The Electronics - Manufacturing Machinery industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 169, putting it in the bottom 32% of all 250+ industries.
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
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Axcelis Technologies (ACLS) Dips More Than Broader Market: What You Should Know
Axcelis Technologies (ACLS - Free Report) closed the most recent trading day at $112.02, moving -1.5% from the previous trading session. The stock trailed the S&P 500, which registered a daily loss of 0.31%. Meanwhile, the Dow experienced a drop of 0.25%, and the technology-dominated Nasdaq saw a decrease of 1.38%.
Coming into today, shares of the semiconductor services company had lost 13.3% in the past month. In that same time, the Computer and Technology sector lost 3.14%, while the S&P 500 gained 0.87%.
Investors will be eagerly watching for the performance of Axcelis Technologies in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on November 5, 2026. The company is expected to report EPS of $1.11, down 8.26% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $230.05 million, up 7.7% from the year-ago period.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $4.12 per share and revenue of $883.6 million. These totals would mark changes of -15.57% and +5.31%, respectively, from last year.
It's also important for investors to be aware of any recent modifications to analyst estimates for Axcelis Technologies. These revisions help to show the ever-changing nature of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. Axcelis Technologies is holding a Zacks Rank of #3 (Hold) right now.
Looking at its valuation, Axcelis Technologies is holding a Forward P/E ratio of 27.6. For comparison, its industry has an average Forward P/E of 27.6, which means Axcelis Technologies is trading at no noticeable deviation to the group.
We can also see that ACLS currently has a PEG ratio of 2.85. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. By the end of yesterday's trading, the Electronics - Manufacturing Machinery industry had an average PEG ratio of 1.69.
The Electronics - Manufacturing Machinery industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 169, putting it in the bottom 32% of all 250+ industries.
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.