Somewhat Positive News Coverage Somewhat Unlikely to Affect Axcelis Technologies (ACLS) Share Price
Press coverage about Axcelis Technologies (NASDAQ:ACLS) has been trending somewhat positive on Tuesday, Accern Sentiment reports. Accern identifies positive and negative press coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Axcelis Technologies earned a news impact score of 0.14 on Accern’s scale. Accern also gave news stories about the semiconductor company an impact score of 46.7578146720956 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Here are some of the news stories that may have effected Accern Sentiment Analysis’s rankings:
- Axcelis Technologies Inc (ACLS) Given Average Rating of “Buy” by Analysts (americanbankingnews.com)
- Analysts See $0.39 EPS for Axcelis Technologies, Inc. (ACLS); Dsc … – Newburgh Gazette (newburghgazette.com)
- Axcelis Technologies (ACLS) and Entegris (ENTG) Head-To-Head Analysis (americanbankingnews.com)
- Shares Running -0.50% on Volume: Axcelis Tech Inc (ACLS) – Clawson News (clawsonnews.com)
- Axcelis Tech Inc (ACLS) Gordson Hollis PIS Levels in the Spotlight – Clawson News (clawsonnews.com)
Axcelis Technologies (NASDAQ:ACLS) opened at $29.15 on Tuesday. The stock has a market cap of $915.69, a P/E ratio of 24.50, a PEG ratio of 0.81 and a beta of 1.10. Axcelis Technologies has a 52 week low of $14.60 and a 52 week high of $37.05.
A number of equities research analysts have weighed in on ACLS shares. B. Riley upped their price objective on shares of Axcelis Technologies from $30.00 to $39.00 and gave the stock a “buy” rating in a report on Friday, November 3rd. Zacks Investment Research upgraded shares of Axcelis Technologies from a “hold” rating to a “buy” rating and set a $36.00 price objective on the stock in a report on Thursday, November 2nd. ValuEngine upgraded shares of Axcelis Technologies from a “hold” rating to a “buy” rating in a report on Sunday, December 31st. BidaskClub cut shares of Axcelis Technologies from a “buy” rating to a “hold” rating in a report on Tuesday, December 12th. Finally, Craig Hallum downgraded shares of Axcelis Technologies from a “buy” rating to a “hold” rating in a research note on Friday, November 3rd. Four equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Axcelis Technologies presently has an average rating of “Buy” and a consensus price target of $31.33.
In other news, VP Lynnette C. Fallon sold 56,250 shares of the company’s stock in a transaction that occurred on Tuesday, November 7th. The shares were sold at an average price of $32.92, for a total value of $1,851,750.00. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP John E. Aldeborgh sold 87,500 shares of the company’s stock in a transaction that occurred on Wednesday, November 8th. The stock was sold at an average price of $33.22, for a total transaction of $2,906,750.00. The disclosure for this sale can be found here. In the last quarter, insiders sold 190,190 shares of company stock worth $6,334,389. Insiders own 5.66% of the company’s stock.
About Axcelis Technologies
Axcelis Technologies, Inc designs, manufactures and services ion implantation and other processing equipment used in the fabrication of semiconductor chips. The Company also provides aftermarket lifecycle products and services, including used tools, spare parts, equipment upgrades, maintenance services and customer training.
Receive News & Ratings for Axcelis Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Axcelis Technologies and related companies with MarketBeat.com's FREE daily email newsletter.