Axcelis Technologies (ACLS) closed slightly higher, but underperformed the market

From Nasdaq: 2025-03-14 18:15:06

Axcelis Technologies (ACLS) closed at $58.47, up 0.52% from the previous day, trailing behind the S&P 500. The company’s shares have decreased by 6.15% in the past month, outperforming the sector and S&P 500 losses. Investors await the upcoming earnings report, expecting a significant EPS decrease of 75.16% year-over-year.

Analysts anticipate Axcelis Technologies to report an EPS of $0.39, with revenue projected at $184.65 million, a 26.83% decline from the previous year. The Zacks Consensus Estimates forecast a significant drop in earnings and revenue for the whole year. Recent analyst estimate revisions may impact the company’s stock performance.

Axcelis Technologies currently holds a Zacks Rank of #5 (Strong Sell) with a downward shift of 19.05% in the Zacks Consensus EPS estimate. The company is trading at a Forward P/E ratio of 22.81, lower than the industry average. Stay updated on stock metrics to make informed investment decisions in the future.

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Read more at Nasdaq: Axcelis Technologies (ACLS) Rises But Trails Market: What Investors Should Know