Zacks Rating on Axcelis Technologies (ACLS)

Axcelis Technologies (ACLS) has an average broker rating of 1, which is interpreted as a Strong Buy, as rated by 3 equity analysts. Nonetheless, 3 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.

Axcelis Technologies (ACLS) has been rated by 4 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $16 and the lowest price target forecast is $16. The average forecast of all the analysts is $16 and the expected standard deviation is $0.


Shares of Axcelis Technologies Inc. rose by 1.28% in the last five trading days and 11.11% for the last 4 weeks. Axcelis Technologies Inc. is up 13.98% in the last 3-month period. Year-to-Date the stock performance stands at 14.86%. Axcelis Technologies (NASDAQ:ACLS): The stock was completely flat for the day, closing at $11.90 on Tuesday. The flat closing masks the intraday volatility in the stock. After opening at $11.91, the stock touched an intraday high of $12.05 and a low of $11.88. Neither the bulls nor the bears asserted their supremacy at close, due to which the stock closed completely flat. The stock previously closed at $11.90. The total trading volume on Tuesday was 83,769.

Axcelis Technologies, Inc. designs, manufactures and services ion implantation and other processing equipment used in the fabrication of semiconductor chips. The Company sells its equipment to semiconductor chip manufacturers across the world. In addition to equipment, it provides aftermarket lifecycle products and services, including used tools, spare parts, equipment upgrades, maintenance services and customer training. Its customers are located in the United States, Europe and Asia Pacific. The Company offers a line of high energy, high current and medium current implanters for all application requirements. Its newest systems are all based on a common Purion platform which offers purity, precision and productivity by combining a single wafer end station, enabling unmatched throughput (500 wafers per hour) and a spot beam. Its Purion XE is the high energy system, which combines Axcelis production-proven RF Linac high energy, spot beam technology with the Purion platform.

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