Axcelis Technologies (ACLS) closed lower than the broader market despite positive sector performance

From Nasdaq: 2024-06-14 18:15:10

In the latest market close, Axcelis Technologies (ACLS) closed at $138.73, experiencing a -1.72% movement. The stock outperformed the Computer and Technology sector by 24.29% in the past month. Market watchers anticipate the company’s upcoming financial results, with projected EPS of $1.30 and a revenue estimate of $243.95 million.

Investors should keep an eye on Axcelis Technologies’s valuation metrics, which include a Forward P/E ratio of 22.04 and a PEG ratio of 3.42. The company’s industry, Electronics – Manufacturing Machinery, has an average PEG ratio of 3.99. This industry is currently ranked at 161 out of over 250 industries.

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Read more at Nasdaq: Here’s Why Axcelis Technologies (ACLS) Fell More Than Broader Market