Axcelis Technologies Inc Achieves Impressive Sales Growth and Insider Transactions Spark Interest
Technology sector giant Axcelis Technologies Inc has experienced remarkable sales growth over the last 5 years, with an impressive rate of 20.43%. The company’s average yearly earnings per share have also been notable, standing at 33.15%. Axcelis Technologies Inc currently has a float of $32.20 million, with outstanding shares totaling $32.77 million. With 1388 employees, the company’s efficiency is a significant factor to consider.
When it comes to profitability, Axcelis Technologies Inc maintains a gross margin of +43.67, an operating margin of +23.08, and a pretax margin of +22.27. These figures reflect the company’s strong financial performance.
Investor sentiment is another critical aspect to analyze, particularly in the Semiconductor Equipment & Materials industry. Axcelis Technologies Inc has an insider ownership stake of 1.68%, while institutional ownership stands at 91.70%. Recent insider transactions have sparked interest, including a sale of 500 shares by a company Director on November 10th at a rate of $130.43. Additionally, the EVP Marketing and Applications sold 600 shares on September 14th for $180.18.
In terms of recent financial results, Axcelis Technologies Inc reported earnings per share (EPS) of $1.99 for the last quarter, surpassing the predicted value of $1.73 by $0.26. The company achieved a net margin of +19.90 and generated a return on equity of 30.36%. Analysts anticipate earnings of $1.86 per share for the current fiscal year.
Looking ahead, Wall Street analysts project a significant increase in the company’s earnings per share, with growth of 33.15% expected in the next fiscal year. Long-term forecasts indicate a growth rate of 20.00% over the next five years, compared to 7.53% growth in the previous five years.
Considering performance indicators, Axcelis Technologies Inc has demonstrated positive figures. The stock’s quick ratio for the past quarter was 2.69, indicating a strong liquidity position. The price to sales ratio for the trailing twelve months stands at 4.15, while the price to free cash flow ratio is 23.31.
Axcelis Technologies Inc’s diluted earnings per share for the trailing twelve months amounts to 6.99. Analysts predict that this number will reach 2.00 in the next quarter and 8.22 within one year.
Examining the stock’s recent activity, the average volume over the last 5 days was 0.62 million, surpassing the year-to-date volume of 0.57 million. The stock’s Stochastic %D over the previous 9 days was 74.89%, indicating positive momentum. The Average True Range for the stock was 6.64.
Over the past 100 days, Axcelis Technologies Inc’s raw stochastic average decreased from 70.73% to 21.25%. The stock demonstrated a historical volatility of 56.89% in the past 14 days, higher than the 47.48% volatility observed over the past 100 days.
As of the time of writing, the stock’s 50-day Moving Average is $153.77, with a 200-day Moving Average of $150.40. In the short run, resistance levels to watch for are $139.12, $140.60, and $143.42. Support levels are set at $134.82, $132.00, and $130.52.
Axcelis Technologies Inc currently has 32,747K outstanding shares, with a market cap of 4.51 billion. The company’s annual sales total 920,000K based on its annual income of 183,080K. In the last quarter, the company’s sales amounted to 292,330K, with an income of 65,930K.
Axcelis Technologies Inc’s impressive sales growth, as well as recent insider transactions, have attracted attention in the market. The company has shown strong profitability, with positive financial indicators and forecasts of future growth. Judging by these factors, Axcelis Technologies Inc is poised for continued success in the technology sector.
