Axcelis Technologies (ACLS) Receives Media Sentiment Rating of 0.18
Media coverage about Axcelis Technologies (NASDAQ:ACLS) has been trending somewhat positive recently, Accern reports. The research group identifies negative and positive news coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Axcelis Technologies earned a news sentiment score of 0.18 on Accern’s scale. Accern also assigned press coverage about the semiconductor company an impact score of 46.1755986969483 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Here are some of the media headlines that may have effected Accern’s rankings:
- Axcelis Technologies, Inc. (ACLS) Expected to Post Quarterly Sales of $109.65 Million (americanbankingnews.com)
- Axcelis Announces Participation In Sixth Annual NYC Investor Summit 2017 (finance.yahoo.com)
- Kulicke and Soffa (KLIC) Jumps: Stock Rises 20.4% (finance.yahoo.com)
- Infosys (INFY) Commences Autonomous Technology Training (finance.yahoo.com)
- John T. Kurtzweil Sells 1,800 Shares of Axcelis Technologies, Inc. (ACLS) Stock (americanbankingnews.com)
Several analysts recently issued reports on ACLS shares. Zacks Investment Research raised Axcelis Technologies from a “hold” rating to a “buy” rating and set a $26.00 price target on the stock in a report on Friday, September 15th. Benchmark Co. reissued a “buy” rating and issued a $28.00 price target (up previously from $24.00) on shares of Axcelis Technologies in a report on Friday, September 8th. ValuEngine raised Axcelis Technologies from a “hold” rating to a “buy” rating in a report on Friday, September 1st. Stifel Nicolaus raised their price target on Axcelis Technologies from $20.00 to $31.00 and gave the stock a “hold” rating in a report on Wednesday, November 1st. Finally, Craig Hallum downgraded Axcelis Technologies from a “buy” rating to a “hold” rating in a report on Friday, November 3rd. One analyst has rated the stock with a sell rating, three have given a hold rating and four have issued a buy rating to the company. Axcelis Technologies presently has an average rating of “Hold” and an average price target of $31.33.
Axcelis Technologies (ACLS) traded up $0.65 on Friday, reaching $34.65. The company had a trading volume of 514,400 shares, compared to its average volume of 425,311. Axcelis Technologies has a 12-month low of $12.65 and a 12-month high of $36.20. The firm has a market cap of $1,070.00, a PE ratio of 30.09, a P/E/G ratio of 1.22 and a beta of 1.10.
In related news, EVP William J. Bintz sold 12,500 shares of the firm’s stock in a transaction that occurred on Tuesday, September 12th. The stock was sold at an average price of $22.57, for a total value of $282,125.00. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Kevin J. Brewer sold 44,640 shares of the firm’s stock in a transaction that occurred on Monday, November 13th. The shares were sold at an average price of $33.93, for a total value of $1,514,635.20. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 282,377 shares of company stock worth $8,376,635. 5.66% of the stock is owned by insiders.
Axcelis Technologies Company Profile
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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