Why Invest In Axcelis Technologies Inc. (ACLS) Stock?
Axcelis Technologies Inc. (NASDAQ:ACLS) has a beta value of 1.41 and has seen 0.22 million shares traded in the last trading session. The company, currently valued at $1.34B, closed the last trade at $39.51 per share which meant it lost -$0.3 on the day or -0.75% during that session. The ACLS stock price is -27.08% off its 52-week high price of $50.21 and 48.37% above the 52-week low of $20.40. The 3-month trading volume is 274.83K shares. The consensus among analysts is that Axcelis Technologies Inc. (ACLS) is a Buy stock at the moment, with a recommendation rating of 1.80. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 6 have rated it as a Hold, with 6 advising it as a Buy. 0 have rated the stock as Underweight. Axcelis Technologies Inc. (NASDAQ:ACLS) trade information  Sporting -0.75% in the red in last session, the stock has traded in the green over the last five days, with the highest price hit on Friday, 07/02/21 when the ACLS stock price touched $39.51 or saw a rise of 3.45%. Year-to-date, Axcelis Technologies Inc. shares have moved 35.68%, while the 5-day performance has seen it change 1.00%. Over the past 30 days, the shares of Axcelis Technologies Inc. (NASDAQ:ACLS) have changed -1.40%. Wall Street analysts have a consensus price target for the stock at $51.83, which means that the shares value could jump 23.77% from current levels. The projected low price target is $46.00 while the price target rests at a high of $62.00. In that case, then, we find that the current price level is -56.92% off the targeted high while a plunge would see the stock gain -16.43% from current levels. Axcelis Technologies Inc. (ACLS) estimates and forecasts  Figures show that Axcelis Technologies Inc. shares have outperformed across the wider relevant industry. The companys shares have gained 35.68% over the past 6 months, with this year growth rate of 46.67%, compared to 41.20% for the industry. If we evaluate the companys growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 24.70% over the past 5 years. Earnings growth for 2021 is a modest 190.80% while over the next 5 years, the companys earnings are expected to increase by 20.00%. ACLS Dividends  Axcelis Technologies Inc. is expected to release its next earnings report in August this year, and investors are excited at the prospect of better dividends despite the companys debt issue.