News articles about Axcelis Technologies (NASDAQ:ACLS) have trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm ranks the sentiment of media coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Axcelis Technologies earned a media sentiment score of 0.23 on Accern’s scale. Accern also gave news coverage about the semiconductor company an impact score of 46.6609677619053 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Several analysts have weighed in on the company. Needham & Company LLC dropped their price target on Axcelis Technologies from $36.00 to $33.00 and set a “buy” rating on the stock in a research note on Wednesday, February 7th. Zacks Investment Research upgraded Axcelis Technologies from a “hold” rating to a “buy” rating and set a $36.00 target price on the stock in a research note on Thursday, November 2nd. Benchmark restated a “buy” rating and issued a $33.00 target price (down previously from $36.00) on shares of Axcelis Technologies in a research note on Thursday, January 18th. B. Riley lowered their target price on Axcelis Technologies from $39.00 to $35.00 and set a “buy” rating on the stock in a research note on Wednesday, February 7th. Finally, ValuEngine raised Axcelis Technologies from a “hold” rating to a “buy” rating in a report on Friday, February 2nd. Two equities research analysts have rated the stock with a sell rating, one has issued a hold rating and five have issued a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $32.50.
Axcelis Technologies (ACLS) remained flat at $$25.05 on Thursday. The company’s stock had a trading volume of 205,500 shares, compared to its average volume of 515,048. The firm has a market capitalization of $802.80, a PE ratio of 6.63, a price-to-earnings-growth ratio of 0.94 and a beta of 1.01. Axcelis Technologies has a 12-month low of $14.60 and a 12-month high of $37.05.
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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.
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