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Axcelis Technologies, Inc. (ACLS) Report Analysis

Corporate Events

Neutral

Axcelis Announces Multiple Shipments of Purion ...

2022-06-23 12:00:00

Axcelis Technologies, Inc. announced multiple shipments of the Company's Purion H200 Si 200mm and SiC Power Series(TM) 150mm high current impl...

Neutral

Axcelis Technologies, Inc. Announces Multiple P...

2022-05-23 12:00:00

Axcelis Technologies, Inc. announced multiple shipments of Purion M™ medium current implanters to mature process technology device makers. The...

Neutral

Axcelis Technologies, Inc. Adopts Amendments to...

2022-05-11 20:06:00

At its meeting on May 11, 2022, Axcelis Technologies, Inc.’s Board of Directors adopted amendments to the Company’s by-laws to replace the ter...

Negative

Axcelis Technologies, Inc. Announces Resignatio...

2022-05-11 20:06:00

Effective May 11, 2022, Arthur L. George, Jr., a director of the Axcelis Technologies, Inc., resigned from the Company’s Board of Directors fo...

Neutral

Axcelis Technologies, Inc. Presents at Stifel 2...

2022-05-11 12:01:00

Axcelis Technologies, Inc. Presents at Stifel 2022 Cross Sector Insight Conference, Jun-08-2022 08:30 AM. Venue: The InterContinental Boston H...

Neutral

Axcelis Technologies, Inc. Presents at Cowen 50...

2022-05-11 11:37:00

Axcelis Technologies, Inc. Presents at Cowen 50th Annual Technology, Media, and Telecom Conference, Jun-02-2022 . Venue: New York City, New Yo...

Neutral

Axcelis Technologies, Inc. Presents at 19th Ann...

2022-05-11 00:00:00

Axcelis Technologies, Inc. Presents at 19th Annual Craig-Hallum Institutional Investor Conference, Jun-01-2022 .

Neutral

Axcelis Technologies, Inc. Provides Earnings Gu...

2022-05-04 20:01:00

Axcelis Technologies, Inc. provided earnings guidance for the second quarter ending June 30, 2022 and provided revenue guidance for the full y...

Neutral

Tranche Update on Axcelis Technologies, Inc. (N...

2022-05-04 16:10:00

From February 1, 2022 to March 31, 2022, the company has repurchased 284,000 shares, representing 0.85% for $20 million. With this, the compan...

Neutral

Axcelis Technologies, Inc. to Report Q1, 2022 R...

2022-04-13 12:00:00

Axcelis Technologies, Inc. announced that they will report Q1, 2022 results at 4:00 PM, US Eastern Standard Time on May 04, 2022

Neutral

Axcelis Technologies, Inc., Q1 2022 Earnings Ca...

2022-04-13 12:00:00

Axcelis Technologies, Inc., Q1 2022 Earnings Call, May 05, 2022

Neutral

Axcelis Technologies, Inc., Annual General Meet...

2022-03-30 13:14:00

Axcelis Technologies, Inc., Annual General Meeting, May 10, 2022, at 12:30 Eastern Daylight. Location: 108 Cherry Hill Drive, Beverly Massachu...

Neutral

Axcelis Technologies, Inc. Presents at B. Riley...

2022-03-12 04:48:00

Axcelis Technologies, Inc. Presents at B. Riley 22nd Annual Institutional Investor Conference, May-25-2022 08:10 AM. Venue: The Beverly Hilton...

Neutral

Stifel, Nicolaus & Company, Incorporated, Stife...

2022-03-02 19:15:00

Stifel, Nicolaus & Company, Incorporated, Stifel 2022 Cross Sector Insight Conference, Jun 06, 2022 through Jun 09, 2022. Venue: The InterCont...

Neutral

Craig-Hallum Capital Group LLC, 19th Annual Cra...

2022-02-09 13:26:00

Craig-Hallum Capital Group LLC, 19th Annual Craig-Hallum Institutional Investor Conference, Jun 01, 2022.

Neutral

Axcelis Technologies, Inc. Provides Earning Gui...

2022-02-07 21:01:00

Axcelis Technologies, Inc. provided earning guidance for first quarter ending March 31, 2022. For the period, the company expects revenues of ...

Neutral

Cowen Inc., Cowen 50th Annual Technology, Media...

2022-02-07 20:29:00

Cowen Inc., Cowen 50th Annual Technology, Media, and Telecom Conference, Jun 01, 2022 through Jun 03, 2022. Venue: New York City, New York, Un...

Neutral

Axcelis Technologies, Inc. Presents at SEMICON ...

2022-02-03 13:00:00

Axcelis Technologies, Inc. Presents at SEMICON Korea, Feb-09-2022 . Venue: at the COEX Center, Seoul, South Korea.

Neutral

Axcelis Technologies, Inc., Q4 2021 Earnings Ca...

2022-01-24 13:00:00

Axcelis Technologies, Inc., Q4 2021 Earnings Call, Feb 07, 2022

Neutral

Axcelis Technologies, Inc. to Report Q4, 2021 R...

2022-01-24 13:00:00

Axcelis Technologies, Inc. announced that they will report Q4, 2021 results at 4:00 PM, US Eastern Standard Time on Feb 07, 2022

Neutral

B. Riley Financial, Inc., B. Riley 22nd Annual ...

2022-01-12 16:21:00

B. Riley Financial, Inc., B. Riley 22nd Annual Institutional Investor Conference, May 25, 2022 through May 26, 2022. Venue: The Beverly Hilton...

Neutral

Semi Co., Ltd., SEMICON Korea, Feb 09, 2022 thr...

2022-01-04 20:12:00

Semi Co., Ltd., SEMICON Korea, Feb 09, 2022 through Feb 11, 2022. Venue: at the COEX Center, Seoul, South Korea.

Neutral

Axcelis Technologies, Inc. Presents at SEMICON ...

2021-11-14 23:00:00

Axcelis Technologies, Inc. Presents at SEMICON Japan 2021, Dec-15-2021 . Venue: Tokyo Big Sight, Tokyo, Japan.

Neutral

Axcelis Technologies, Inc. - Analyst/Investor Day

2021-11-05 12:00:00

Axcelis Technologies, Inc. - Analyst/Investor Day

Neutral

Axcelis Technologies, Inc. Presents at Benchmar...

2021-11-05 12:00:00

Axcelis Technologies, Inc. Presents at Benchmark Company Virtual Technology Conference, Nov-17-2021 .

Neutral

Axcelis Technologies, Inc. Presents at DA David...

2021-11-05 12:00:00

Axcelis Technologies, Inc. Presents at DA Davidson Semicap, Laser and Optical Conference, Dec-15-2021 .

Neutral

Conference Direct LLC, 10th Annual December CEO...

2021-11-04 20:05:00

Conference Direct LLC, 10th Annual December CEO Summit, Dec 08, 2021. Venue: St. Regis Hotel, San Francisco, California, United States.

Neutral

Axcelis Technologies, Inc. Presents at 10th Ann...

2021-11-04 20:05:00

Axcelis Technologies, Inc. Presents at 10th Annual December CEO Summit, Dec-08-2021 . Venue: St. Regis Hotel, San Francisco, California, Unite...

Neutral

Axcelis Technologies, Inc. Provides Earnings Gu...

2021-11-03 20:01:00

Axcelis Technologies, Inc. provided earnings guidance for the fourth quarter and full year ending December 31, 2021. For the quarter, the comp...

Positive

Axcelis Technologies, Inc. Announces Introducti...

2021-11-01 23:00:00

Axcelis Technologies, Inc. announced the introduction of the GSD Ovation high current and high energy batch implanters. Based on the highly su...

Neutral

D.A. Davidson & Co., DA Davidson Semicap, Laser...

2021-10-30 14:04:00

D.A. Davidson & Co., DA Davidson Semicap, Laser and Optical Conference, Dec 15, 2021.

Neutral

Axcelis Announces Multiple Shipments of Purion ...

2021-10-28 12:00:00

Axcelis Technologies, Inc. announced shipments of the Company's Purion™ high current and high energy implanters to a leading memory device man...

Neutral

The Benchmark Company, LLC., Benchmark Company ...

2021-10-21 17:00:00

The Benchmark Company, LLC., Benchmark Company Virtual Technology Conference, Nov 17, 2021.

Neutral

Axcelis Technologies, Inc. to Report Q3, 2021 R...

2021-10-13 12:00:00

Axcelis Technologies, Inc. announced that they will report Q3, 2021 results at 4:00 PM, US Eastern Standard Time on Nov 03, 2021

Neutral

Axcelis Technologies, Inc., Q3 2021 Earnings Ca...

2021-10-13 12:00:00

Axcelis Technologies, Inc., Q3 2021 Earnings Call, Nov 04, 2021

Neutral

Axcelis Technologies, Inc. Announces Shipment o...

2021-09-15 12:00:00

Axcelis Technologies, Inc. announced shipments of the Company's full family of Purion SiC Power Series™ implanters to several leading power de...

Neutral

Axcelis Technologies, Inc. Presents at Jefferie...

2021-08-10 12:00:00

Axcelis Technologies, Inc. Presents at Jefferies 2021 Virtual Semiconductor, IT Hardware and Communications Infrastructure Summit, Aug-31-2021 .

Neutral

Axcelis Technologies, Inc. Presents at Needham ...

2021-08-10 12:00:00

Axcelis Technologies, Inc. Presents at Needham Virtual 2nd Annual SemiCap and EDA Conference, Aug-24-2021 .

Neutral

Tranche Update on Axcelis Technologies, Inc. (N...

2021-08-06 10:53:00

From April 1, 2021 to June 30, 2021, the company has repurchased 323,000 shares, representing 0.96% for $13.36 million. With this, the company...

Neutral

Axcelis Technologies, Inc. Provides Earnings Gu...

2021-08-04 20:01:00

Axcelis Technologies, Inc. provided earnings guidance for the third quarter ending September 30, 2021. For the third quarter ending September ...

Positive

Axcelis Announces Shipment of First Purion EXE ...

2021-07-21 12:00:00

Axcelis Technologies, Inc. announced the first shipment of the Purion EXE™ Power Series SiC high energy system to a new customer in China. In ...

Neutral

Axcelis Technologies, Inc. to Report Q2, 2021 R...

2021-07-15 12:00:00

Axcelis Technologies, Inc. announced that they will report Q2, 2021 results at 4:00 PM, US Eastern Standard Time on Aug 04, 2021

Neutral

Axcelis Technologies, Inc., Q2 2021 Earnings Ca...

2021-07-15 12:00:00

Axcelis Technologies, Inc., Q2 2021 Earnings Call, Aug 05, 2021

Neutral

Axcelis Announces Multiple Shipments of Purion H200 Si and Sic Power Series Implanters

2022-06-23 12:00:00

Axcelis Technologies, Inc. announced multiple shipments of the Company's Purion H200 Si 200mm and SiC Power Series(TM) 150mm high current implanters to leading power device chipmakers. The shipments, which included two new penetrations and a follow-on order, went to fabs located in Asia. These customers will use the systems in high volume production of power devices supporting automotive device markets.

Neutral

Axcelis Technologies, Inc. Announces Multiple Purion M Shipments Including Follow-On Orders and Three New Customer Tool Placements

2022-05-23 12:00:00

Axcelis Technologies, Inc. announced multiple shipments of Purion M™ medium current implanters to mature process technology device makers. The shipments include follow-on orders and three new customer tool placements in the US, Europe and Asia. The systems shipped in the second quarter of 2022.

Neutral

Axcelis Technologies, Inc. Adopts Amendments to the Company’s By-Laws

2022-05-11 20:06:00

At its meeting on May 11, 2022, Axcelis Technologies, Inc.’s Board of Directors adopted amendments to the Company’s by-laws to replace the term Chairman with the term Chairperson, and to eliminate the use of gender-specific pronouns.

Negative

Axcelis Technologies, Inc. Announces Resignation of Arthur L. George, Jr. as Director

2022-05-11 20:06:00

Effective May 11, 2022, Arthur L. George, Jr., a director of the Axcelis Technologies, Inc., resigned from the Company’s Board of Directors for personal reasons, declining to serve a further term despite his re-election at the Company’s 2022 Annual Meeting.

Neutral

Axcelis Technologies, Inc. Presents at Stifel 2022 Cross Sector Insight Conference, Jun-08-2022 08:30 AM

2022-05-11 12:01:00

Axcelis Technologies, Inc. Presents at Stifel 2022 Cross Sector Insight Conference, Jun-08-2022 08:30 AM. Venue: The InterContinental Boston Hotel, Boston, Massachusetts, United States.

Neutral

Axcelis Technologies, Inc. Presents at Cowen 50th Annual Technology, Media, and Telecom Conference, Jun-02-2022

2022-05-11 11:37:00

Axcelis Technologies, Inc. Presents at Cowen 50th Annual Technology, Media, and Telecom Conference, Jun-02-2022 . Venue: New York City, New York, United States.

Neutral

Axcelis Technologies, Inc. Presents at 19th Annual Craig-Hallum Institutional Investor Conference, Jun-01-2022

2022-05-11 00:00:00

Axcelis Technologies, Inc. Presents at 19th Annual Craig-Hallum Institutional Investor Conference, Jun-01-2022 .

Neutral

Axcelis Technologies, Inc. Provides Earnings Guidance for the Second Quarter Ending June 30, 2022 and Provides Revenue Guidance for the Full Year of 2022

2022-05-04 20:01:00

Axcelis Technologies, Inc. provided earnings guidance for the second quarter ending June 30, 2022 and provided revenue guidance for the full year of 2022. For the quarter, the company expects revenues to be between $205 million to 215 million. Operating profit to be approximately $41 million. Earnings per diluted share to be approximately $1.00.For the full year, the company expects to achieve revenue of greater than $850 million.

Neutral

Tranche Update on Axcelis Technologies, Inc. (NasdaqGS:ACLS)'s Equity Buyback Plan announced on March 1, 2022.

2022-05-04 16:10:00

From February 1, 2022 to March 31, 2022, the company has repurchased 284,000 shares, representing 0.85% for $20 million. With this, the company has completed the repurchase of 284,000 shares, representing 0.85% for $20 million under the buyback announced on March 1, 2022.

Neutral

Axcelis Technologies, Inc. to Report Q1, 2022 Results on May 04, 2022

2022-04-13 12:00:00

Axcelis Technologies, Inc. announced that they will report Q1, 2022 results at 4:00 PM, US Eastern Standard Time on May 04, 2022

Neutral

Axcelis Technologies, Inc., Q1 2022 Earnings Call, May 05, 2022

2022-04-13 12:00:00

Axcelis Technologies, Inc., Q1 2022 Earnings Call, May 05, 2022

Neutral

Axcelis Technologies, Inc., Annual General Meeting, May 10, 2022

2022-03-30 13:14:00

Axcelis Technologies, Inc., Annual General Meeting, May 10, 2022, at 12:30 Eastern Daylight. Location: 108 Cherry Hill Drive, Beverly Massachusetts Beverly Massachusetts United States Agenda: To elect as directors ten nominees to serve until the 2023 annual meeting of stockholders, with the Axcelis Board of Directors’ recommended director candidates named in the proxy statement; to ratify, by an advisory vote, the appointment of the company's independent registered public accounting firm to audit the company's financial statements for the year ending December 31, 2022; to approve, by an advisory vote, the 2021 compensation of the company's named executive officers; and to transact such other business as may properly come before the meeting or any adjournment thereof.

Neutral

Axcelis Technologies, Inc. Presents at B. Riley 22nd Annual Institutional Investor Conference, May-25-2022 08:10 AM

2022-03-12 04:48:00

Axcelis Technologies, Inc. Presents at B. Riley 22nd Annual Institutional Investor Conference, May-25-2022 08:10 AM. Venue: The Beverly Hilton Hotel, Beverly Hills, California, United States. Speakers: Douglas A. Lawson, Executive Vice President of Corporate Marketing & Strategy.

Neutral

Stifel, Nicolaus & Company, Incorporated, Stifel 2022 Cross Sector Insight Conference, Jun 06, 2022 through Jun 09, 2022

2022-03-02 19:15:00

Stifel, Nicolaus & Company, Incorporated, Stifel 2022 Cross Sector Insight Conference, Jun 06, 2022 through Jun 09, 2022. Venue: The InterContinental Boston Hotel, Boston, Massachusetts, United States.

Neutral

Craig-Hallum Capital Group LLC, 19th Annual Craig-Hallum Institutional Investor Conference, Jun 01, 2022

2022-02-09 13:26:00

Craig-Hallum Capital Group LLC, 19th Annual Craig-Hallum Institutional Investor Conference, Jun 01, 2022.

Neutral

Axcelis Technologies, Inc. Provides Earning Guidance for First Quarter Ending March 31, 2022

2022-02-07 21:01:00

Axcelis Technologies, Inc. provided earning guidance for first quarter ending March 31, 2022. For the period, the company expects revenues of approximately $193 million. First quarter operating profit is forecasted to be approximately $41 million with earnings per diluted share of approximately $0.92.

Neutral

Cowen Inc., Cowen 50th Annual Technology, Media, and Telecom Conference, Jun 01, 2022 through Jun 03, 2022

2022-02-07 20:29:00

Cowen Inc., Cowen 50th Annual Technology, Media, and Telecom Conference, Jun 01, 2022 through Jun 03, 2022. Venue: New York City, New York, United States.

Neutral

Axcelis Technologies, Inc. Presents at SEMICON Korea, Feb-09-2022

2022-02-03 13:00:00

Axcelis Technologies, Inc. Presents at SEMICON Korea, Feb-09-2022 . Venue: at the COEX Center, Seoul, South Korea.

Neutral

Axcelis Technologies, Inc., Q4 2021 Earnings Call, Feb 07, 2022

2022-01-24 13:00:00

Axcelis Technologies, Inc., Q4 2021 Earnings Call, Feb 07, 2022

Neutral

Axcelis Technologies, Inc. to Report Q4, 2021 Results on Feb 07, 2022

2022-01-24 13:00:00

Axcelis Technologies, Inc. announced that they will report Q4, 2021 results at 4:00 PM, US Eastern Standard Time on Feb 07, 2022

Neutral

B. Riley Financial, Inc., B. Riley 22nd Annual Institutional Investor Conference, May 25, 2022 through May 26, 2022

2022-01-12 16:21:00

B. Riley Financial, Inc., B. Riley 22nd Annual Institutional Investor Conference, May 25, 2022 through May 26, 2022. Venue: The Beverly Hilton Hotel, Beverly Hills, California, United States.

Neutral

Semi Co., Ltd., SEMICON Korea, Feb 09, 2022 through Feb 11, 2022

2022-01-04 20:12:00

Semi Co., Ltd., SEMICON Korea, Feb 09, 2022 through Feb 11, 2022. Venue: at the COEX Center, Seoul, South Korea.

Neutral

Axcelis Technologies, Inc. Presents at SEMICON Japan 2021, Dec-15-2021

2021-11-14 23:00:00

Axcelis Technologies, Inc. Presents at SEMICON Japan 2021, Dec-15-2021 . Venue: Tokyo Big Sight, Tokyo, Japan.

Neutral

Axcelis Technologies, Inc. - Analyst/Investor Day

2021-11-05 12:00:00

Axcelis Technologies, Inc. - Analyst/Investor Day

Neutral

Axcelis Technologies, Inc. Presents at Benchmark Company Virtual Technology Conference, Nov-17-2021

2021-11-05 12:00:00

Axcelis Technologies, Inc. Presents at Benchmark Company Virtual Technology Conference, Nov-17-2021 .

Neutral

Axcelis Technologies, Inc. Presents at DA Davidson Semicap, Laser and Optical Conference, Dec-15-2021

2021-11-05 12:00:00

Axcelis Technologies, Inc. Presents at DA Davidson Semicap, Laser and Optical Conference, Dec-15-2021 .

Neutral

Conference Direct LLC, 10th Annual December CEO Summit, Dec 08, 2021

2021-11-04 20:05:00

Conference Direct LLC, 10th Annual December CEO Summit, Dec 08, 2021. Venue: St. Regis Hotel, San Francisco, California, United States.

Neutral

Axcelis Technologies, Inc. Presents at 10th Annual December CEO Summit, Dec-08-2021

2021-11-04 20:05:00

Axcelis Technologies, Inc. Presents at 10th Annual December CEO Summit, Dec-08-2021 . Venue: St. Regis Hotel, San Francisco, California, United States.

Neutral

Axcelis Technologies, Inc. Provides Earnings Guidance for the Fourth Quarter and Full Year Ending December 31, 2021

2021-11-03 20:01:00

Axcelis Technologies, Inc. provided earnings guidance for the fourth quarter and full year ending December 31, 2021. For the quarter, the company expects revenues to be approximately $190 million. Gross margin in the fourth quarter is expected to be approximately 41.5%. Fourth quarter operating profit is forecasted to be approximately $37 million with earnings per diluted share of approximately $0.84. For the year, the company expects to exceed $640 million in revenue for the full year 2021.

Positive

Axcelis Technologies, Inc. Announces Introduction of the 'GSD Ovation' High Current and High Energy Batch Implanters

2021-11-01 23:00:00

Axcelis Technologies, Inc. announced the introduction of the GSD Ovation high current and high energy batch implanters. Based on the highly successful GSD Series of implanters, the industry benchmark for the longest manufactured and supported batch ion implanter, the new GSD Ovation systems are designed to support the growing 200mm new fab construction and expansion activity.

Neutral

D.A. Davidson & Co., DA Davidson Semicap, Laser and Optical Conference, Dec 15, 2021

2021-10-30 14:04:00

D.A. Davidson & Co., DA Davidson Semicap, Laser and Optical Conference, Dec 15, 2021.

Neutral

Axcelis Announces Multiple Shipments of Purion High Current and High Energy Implanters to Leading Memory Device Manufacturer

2021-10-28 12:00:00

Axcelis Technologies, Inc. announced shipments of the Company's Purion™ high current and high energy implanters to a leading memory device manufacturer located in Asia. The shipments include multiple follow on orders for the Purion H™ high current implanter and the Purion XE™ high energy implanter. The systems shipped in the third and fourth quarters and will be used in high volume production of DRAM and NAND memory devices supporting 5G, data analytics and AI markets.

Neutral

The Benchmark Company, LLC., Benchmark Company Virtual Technology Conference, Nov 17, 2021

2021-10-21 17:00:00

The Benchmark Company, LLC., Benchmark Company Virtual Technology Conference, Nov 17, 2021.

Neutral

Axcelis Technologies, Inc. to Report Q3, 2021 Results on Nov 03, 2021

2021-10-13 12:00:00

Axcelis Technologies, Inc. announced that they will report Q3, 2021 results at 4:00 PM, US Eastern Standard Time on Nov 03, 2021

Neutral

Axcelis Technologies, Inc., Q3 2021 Earnings Call, Nov 04, 2021

2021-10-13 12:00:00

Axcelis Technologies, Inc., Q3 2021 Earnings Call, Nov 04, 2021

Neutral

Axcelis Technologies, Inc. Announces Shipment of Full Family of 'Purion SiC Power Series' Implanters to Leading Power Device Manufacturers

2021-09-15 12:00:00

Axcelis Technologies, Inc. announced shipments of the Company's full family of Purion SiC Power Series™ implanters to several leading power device chipmakers located in Asia and Europe. The shipments include follow on orders for the Purion H200™ Power Series SiC high current implanter and the Purion M™ Power Series SiC implanter, as well as a Purion XE™ Power Series SiC high energy implanter, which is a new evaluation tool to a new customer. The systems shipped in the third quarter and will be used in high volume production of SiC power devices supporting automotive, mobile and the IoT markets.

Neutral

Axcelis Technologies, Inc. Presents at Jefferies 2021 Virtual Semiconductor, IT Hardware and Communications Infrastructure Summit, Aug-31-2021

2021-08-10 12:00:00

Axcelis Technologies, Inc. Presents at Jefferies 2021 Virtual Semiconductor, IT Hardware and Communications Infrastructure Summit, Aug-31-2021 .

Neutral

Axcelis Technologies, Inc. Presents at Needham Virtual 2nd Annual SemiCap and EDA Conference, Aug-24-2021

2021-08-10 12:00:00

Axcelis Technologies, Inc. Presents at Needham Virtual 2nd Annual SemiCap and EDA Conference, Aug-24-2021 .

Neutral

Tranche Update on Axcelis Technologies, Inc. (NasdaqGS:ACLS)'s Equity Buyback Plan announced on January 12, 2021.

2021-08-06 10:53:00

From April 1, 2021 to June 30, 2021, the company has repurchased 323,000 shares, representing 0.96% for $13.36 million. With this, the company has completed the repurchase of 626,000 shares, representing 1.86% for $25 million under the buyback announced on January 12, 2021.

Neutral

Axcelis Technologies, Inc. Provides Earnings Guidance for the Third Quarter Ending September 30, 2021; Provides Revenue Guidance for the Full Year 2021

2021-08-04 20:01:00

Axcelis Technologies, Inc. provided earnings guidance for the third quarter ending September 30, 2021. For the third quarter ending September 30, 2021, Axcelis expects revenues to be approximately $170 million. Third quarter operating profit is forecasted to be approximately $32 million with earnings per diluted share of approximately $0.70. The Company also expects to exceed $625 million in revenue for the full year 2021.

Positive

Axcelis Announces Shipment of First Purion EXE Power Series SiC High Energy Implanter and Multiple Follow on Shipments of Purion SiC Power Series Implanters

2021-07-21 12:00:00

Axcelis Technologies, Inc. announced the first shipment of the Purion EXE™ Power Series SiC high energy system to a new customer in China. In addition, the Company reported multiple follow on shipments of Purion M™ Power Series SiC medium current and Purion XE™ Power Series SiC high energy implanters, to several leading SiC power device manufacturers located in Asia and Europe. The Purion Power Series™ product line features Axcelis' innovative solution for high temperature silicon carbide processing. The systems, which shipped in the second and third quarter, will be used in high volume production of power devices supporting the automotive market's accelerating shift to electric vehicles.

Neutral

Axcelis Technologies, Inc. to Report Q2, 2021 Results on Aug 04, 2021

2021-07-15 12:00:00

Axcelis Technologies, Inc. announced that they will report Q2, 2021 results at 4:00 PM, US Eastern Standard Time on Aug 04, 2021

Neutral

Axcelis Technologies, Inc., Q2 2021 Earnings Call, Aug 05, 2021

2021-07-15 12:00:00

Axcelis Technologies, Inc., Q2 2021 Earnings Call, Aug 05, 2021

Fundamental Summary

According to their recent financial report, which was published on 2022-05-05, Axcelis had several impressive financial metrics that should make them more attractive than their peers going forward. Their positive income and value factors indicate that it is likely to continue to produce impressive results for the foreseeable future, as well. There should be significant upside potential for the stock looking forward. As such, Axcelis received an overall score of 85 and a BUY recommendation.

Axcelis reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported revenue was USD 203.6 million compared to USD 132.78 million a year ago. Net income was USD 41.61 million compared to USD 16.48 million a year ago. Basic earnings per share from continuing operations was USD 1.25 compared to USD 0.49 a year ago. Diluted earnings per share from continuing operations was USD 1.22 compared to USD 0.48 a year ago.

Business Description

Axcelis designs, manufactures, and services ion implantation and other processing equipment used in the fabrication of semiconductor chips in the United States, Europe, and Asia. The company offers high energy, high current, and medium current implanters for various application requirements. It also provides aftermarket lifecycle products and services, including used tools, spare parts, equipment upgrades, maintenance services, and customer training. It sells its equipment and services to semiconductor chip manufacturers through its direct sales force. The company was founded in 1978 and is headquartered in Beverly, Massachusetts.

Sector Overview

Axcelis is included in the Semiconductors & Semiconductor Equipment according to GICS (global industry classification standard). The Semiconductors & Semiconductor Equipment industry is part of the Information Technology sector. It includes manufacturers of semiconductors, semiconductor equipment, and related products. Axcelis's industry and sector affiliation are expected to negatively affect their likelihood to overperform the market in the upcoming period, as other sectors appear more likely to benefit from the macroeconomic environment we see now.

Fundamental Highlights


Parameter Value Change Score
Assets 782.2 3.8% 68
Liabilities 222.9 4.0% 76
Price to Book 3.1 -33.1% 74
Cash & Equivalents 297.1 0.8% 71
Equity 559.3 3.8% 85
EBITDA 168.1 21.1% 91
Total Revenues 733.2 10.7% 44
Parameter Value Change Score
Return on Equity 23.6 22.3% 91
Net Cashflow 90.4 -1.2% 81
Capital Expenditure -8.9 -1.8% 68
Asset Turnover 1.0 8.1% 85
Free Cashflow 4.5 7.8% 77

* All values are TTM

The below chart reflects Axcelis's birds-eye view on its performance with respect to its peers, the company's fillings as reported or to a similar industry, market cap, and country of origin. While Axcelis's peer average final assessment score stands on 70.0, Axcelis's score is 85.

  •  ACLS
  •  Peers average
Name Market Cap Balance Sheet Income Statement Cash Flow Rating Final Assessment mc_sort Hidden
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Buy
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Advanced Micro Devices, Inc. 139.6B 88 59 57
Hold
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69 4 1
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Buy
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79 5 1
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78 7 1
Micron Technology, Inc. 65.6B 81 74 80
Strong Buy
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70 9 1
KLA Corporation 50.5B 66 67 74
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72
72 10 1
NXP Semiconductors N.V. 41.7B 64 71 73
Hold
73
73 11 1
Marvell Technology, Inc. 40.5B 60 64 65
Hold
61
61 12 1
Microchip Technology Incorporated 33.6B 78 71 79
Buy
85
85 13 1
GLOBALFOUNDRIES Inc. 24.5B 78 70 64
Hold
75
75 14 1
ON Semiconductor Corporation 23.5B 81 73 70
Buy
82
82 15 1
Monolithic Power Systems, Inc. 19.4B 84 66 77
Buy
83
83 16 1
SolarEdge Technologies, Inc. 16.5B 82 53 43
Underperform
54
54 17 1
Skyworks Solutions, Inc. 15.8B 62 70 71
Hold
70
70 18 1
Teradyne, Inc. 15.7B 51 75 68
Hold
66
66 19 1
Entegris, Inc. 14.2B 70 69 65
Hold
70
70 20 1
Qorvo, Inc. 10.6B 67 71 73
Hold
75
75 21 1
First Solar, Inc. 7.5B 58 73 53
Underperform
60
60 22 1
Lattice Semiconductor Corporation 7.2B 68 71 77
Hold
78
78 23 1
MKS Instruments, Inc. 6.0B 70 74 59
Hold
70
70 24 1
Universal Display Corporation 5.4B 75 68 71
Hold
76
76 25 1
Silicon Laboratories Inc. 5.3B 71 70 86
Buy
84
84 26 1
CMC Materials, Inc. 5.2B 80 76 75
Strong Buy
87
87 27 1
Tower Semiconductor Ltd. 5.1B 65 79 68
Buy
79
79 28 1
Synaptics Incorporated 5.1B 81 68 67
Hold
76
76 29 1
Power Integrations, Inc. 4.5B 61 80 82
Buy
83
83 30 1
Amkor Technology, Inc. 4.3B 74 70 60
Hold
71
71 31 1
Cirrus Logic, Inc. 4.1B 86 67 91
Strong Buy
92
92 32 1
Allegro MicroSystems, Inc. 4.1B 74 61 56
Hold
62
62 33 1
Semtech Corporation 3.6B 67 75 78
Buy
80
80 34 1
MACOM Technology Solutions Holdings, Inc. 3.4B 69 76 69
Hold
77
77 35 1
SunPower Corporation 3.2B 61 49 74
Underperform
56
56 36 1
FormFactor, Inc. 3.1B 83 80 68
Strong Buy
87
87 37 1
Diodes Incorporated 3.1B 61 76 72
Hold
75
75 38 1
Silicon Motion Technology Corporation 2.9B 54 72 61
Hold
65
65 39 1
Nova Ltd. 2.8B 61 70 54
Hold
64
64 40 1
MaxLinear, Inc. 2.7B 76 75 88
Strong Buy
91
91 41 1
Ambarella, Inc. 2.7B 63 71 80
Hold
77
77 42 1
Kulicke and Soffa Industries, Inc. 2.7B 57 79 83
Buy
80
80 43 1
Rambus Inc. 2.4B 48 64 90
Hold
69
69 44 1
Canadian Solar Inc. 2.2B 58 72 71
Hold
72
72 45 1
Credo Technology Group Holding Ltd 1.7B 88 60 53
Hold
67
67 46 1
Himax Technologies, Inc. 1.6B 77 70 67
Buy
79
79 47 1
Impinj, Inc. 1.4B 72 59 65
Hold
65
65 48 1
Ultra Clean Holdings, Inc. 1.4B 63 63 62
Hold
60
60 49 1
Cohu, Inc. 1.4B 57 75 59
Hold
64
64 50 1
Photronics, Inc. 1.3B 68 71 83
Buy
81
81 51 1
SMART Global Holdings, Inc. 1.1B 86 65 62
Hold
75
75 52 1
Veeco Instruments Inc. 1.0B 58 76 71
Hold
72
72 53 1
Alpha and Omega Semiconductor Limited 957.1M 77 69 54
Hold
68
68 54 1
PDF Solutions, Inc. 813.0M 62 71 89
Buy
82
82 55 1
CEVA, Inc. 804.5M 73 71 71
Hold
77
77 56 1
Ichor Holdings, Ltd. 789.3M 59 67 59
Underperform
59
59 57 1
Maxeon Solar Technologies, Ltd. 603.6M 53 49 84
Hold
60
60 58 1
Enphase Energy, Inc. 27.8B 58 57 60
Underperform
53
53 59 1
Wolfspeed, Inc. 8.7B 73 69 55
Hold
67
67 60 1
Daqo New Energy Corp. 5.4B 93 65 89
Strong Buy
95
95 61 1
SiTime Corporation 3.8B 58 64 62
Underperform
59
59 62 1
Onto Innovation Inc. 3.7B 77 67 85
Buy
85
85 63 1
JinkoSolar Holding Co., Ltd. 3.3B 89 62 74
Buy
81
81 64 1
Camtek Ltd. 1.1B 66 68 71
Hold
74
74 65 1
ACM Research, Inc. 950.7M 52 67 50
Underperform
50
50 66 1
NeoPhotonics Corporation 837.4M 66 69 72
Hold
72
72 67 1
Hanwha Q CELLS Co., Ltd. 818.9M 72 70 68
Hold
71
71 68 1
indie Semiconductor, Inc. 752.7M 44 43 85
Underperform
50
50 69 1
Magnachip Semiconductor Corporation 681.9M 74 90 57
Buy
83
83 70 1
Mykrolis Corp. 657.1M 72 67 75
Hold
76
76 71 1
Navitas Semiconductor Corporation 575.2M 67 53 90
Hold
72
72 72 1
Rigetti Computing, Inc. 426.1M 98 73 58
Buy
85
85 73 1
ChipMOS TECHNOLOGIES (Bermuda) LTD. 417.9M 56 66 73
Hold
62
62 74 1
Meta Materials Inc. 414.9M 41 43 84
Underperform
47
47 75 1
Helix Technology Corporation 364.9M 65 74 61
Hold
68
68 76 1
Valens Semiconductor Ltd. 350.3M 75 65 66
Hold
75
75 77 1
Rockley Photonics Holdings Limited 338.0M 41 79 59
Underperform
58
58 78 1
CyberOptics Corporation 278.5M 74 71 72
Buy
78
78 79 1
Transphorm, Inc. 260.9M 45 68 88
Hold
69
69 80 1

Technical Analysis

When trying to optimize the timing of an investment, it's critical to analyze whether the stock looks overbought or oversold, and in which direction the momentum is moving. Axcelis's stock is now priced above its 5-day and 50-day, but below its 200-day moving average, while its MACD (moving average convergence divergence) indicates that the stock's price movement momentum is weakening. Historically, this is a positive setup in both the short and medium-term. Meanwhile, looking at the Stochastic Oscillator and RSI (relative strength index), Axcelis's stock indicates that it's likely oversold. Overall, these technical indicators don't clearly signal directional momentum. Therefore, this stock received a cumulative TA (technical analysis) score of 62.

Neutral 62
Close Price 58.32
52W Low 34.06
52W High 82.53
5D MA 55.47
50D MA 57.25
200D MA 60.92
MACD -0.98
RSI 7.02
STOCH 55.7

Balance Sheet Analysis

Equity and Liabilities stood out as the most significant drivers of Axcelis's balance sheet strength. Axcelis produced great equity metrics for this filing, demonstrating management's skill in increasing shareholder value. Axcelis's equity was reported as 559.3, which represents a 3.8% change from the last report. This parameter often affects companies in the same industry and market capitalization by up to 4.3%. These equity changes appear exceptionally balanced and impressive objectively compared to their peers. The company's equity movement component, therefore, received a grade of 85. Also, In terms of liabilities, Axcelis published good numbers. Their reported liabilities were 222.9, representing a 4.0% change from the previous report. This performance is all interesting relative to their peers and suggests that their stock price has room to grow to reflect a higher intrinsic value. The company's liabilities movement component, therefore, received a grade of 76. At the same time, one critical balance sheet metric, Assets, was notably weak. Axcelis's management did not succeed in significantly improving the value of the assets on their balance sheet, which now sits at 782.2 and represents a 3.8% change from the previous report. This unimpressive metric is weaker than its peers and competitors. Therefore, their asset component earned a score of 68. Its balance sheet, therefore, earned a score of 81.

Parameter Value Change Score
Assets 782.2 3.8% 68
Liabilities 222.9 4.0% 76
Price to Book 3.1 -33.1% 74
Cash & Equivalents 297.1 0.8% 71
Equity 559.3 3.8% 85
* All values are TTM

The below chart describes Axcelis's performance as reflected on its balance sheet with respect to its peers. While Axcelis received a balance sheet score of 81, the average of its peers stands on 68.0.

  •  ACLS
  •  Peers average
Name Market Cap Liabilities Movement Asset Change Equity/Intangibles Adjustments Cash & Equivalents Book Value Momentum Balance Sheet mc_sort Hidden
NVIDIA Corporation 422.4B 78 70 65 97 54 71 0 1
Intel Corporation 157.9B 65 69 76 90 81 77 1 1
Texas Instruments Incorporated 143.5B 63 70 87 46 84 76 2 1
QUALCOMM Incorporated 142.4B 57 71 96 80 81 82 3 1
Advanced Micro Devices, Inc. 139.6B 94 61 78 96 81 88 4 1
Broadcom Inc. 102.5B 67 79 59 56 54 62 5 1
Applied Materials, Inc. 84.9B 71 72 64 41 55 60 6 1
Analog Devices, Inc. 78.3B 62 80 66 65 66 69 7 1
Micron Technology, Inc. 65.6B 73 69 85 76 74 81 8 1
Lam Research Corporation 62.4B 73 77 59 51 45 59 9 1
KLA Corporation 50.5B 75 62 73 53 66 66 10 1
NXP Semiconductors N.V. 41.7B 72 68 56 62 76 64 11 1
Marvell Technology, Inc. 40.5B 71 84 50 46 51 60 12 1
Microchip Technology Incorporated 33.6B 65 84 76 72 65 78 13 1
GLOBALFOUNDRIES Inc. 24.5B 81 66 73 82 74 78 14 1
ON Semiconductor Corporation 23.5B 74 69 77 88 82 81 15 1
Monolithic Power Systems, Inc. 19.4B 85 65 75 92 80 84 16 1
SolarEdge Technologies, Inc. 16.5B 77 62 77 96 86 82 17 1
Skyworks Solutions, Inc. 15.8B 69 77 64 46 52 62 18 1
Teradyne, Inc. 15.7B 48 81 63 45 47 51 19 1
Entegris, Inc. 14.2B 62 71 75 55 79 70 20 1
Qorvo, Inc. 10.6B 64 83 64 67 55 67 21 1
First Solar, Inc. 7.5B 77 70 50 58 57 58 22 1
Lattice Semiconductor Corporation 7.2B 53 79 79 60 64 68 23 1
MKS Instruments, Inc. 6.0B 59 74 72 76 72 70 24 1
Universal Display Corporation 5.4B 57 76 83 85 70 75 25 1
Silicon Laboratories Inc. 5.3B 89 81 60 45 47 71 26 1
CMC Materials, Inc. 5.2B 65 79 73 87 82 80 27 1
Tower Semiconductor Ltd. 5.1B 68 72 69 61 57 65 28 1
Synaptics Incorporated 5.1B 71 71 78 92 76 81 29 1
Power Integrations, Inc. 4.5B 55 82 59 79 56 61 30 1
Amkor Technology, Inc. 4.3B 70 68 75 74 77 74 31 1
Cirrus Logic, Inc. 4.1B 73 76 81 96 74 86 32 1
Allegro MicroSystems, Inc. 4.1B 68 69 74 80 76 74 33 1
Semtech Corporation 3.6B 58 79 68 67 64 67 34 1
MACOM Technology Solutions Holdings, Inc. 3.4B 64 75 74 38 75 69 35 1
SunPower Corporation 3.2B 72 81 42 83 53 61 36 1
FormFactor, Inc. 3.1B 72 70 84 82 80 83 37 1
Diodes Incorporated 3.1B 46 78 71 51 72 61 38 1
Silicon Motion Technology Corporation 2.9B 40 85 60 40 47 54 39 1
Nova Ltd. 2.8B 86 45 76 48 82 61 40 1
MaxLinear, Inc. 2.7B 68 71 75 85 75 76 41 1
Ambarella, Inc. 2.7B 45 75 74 86 65 63 42 1
Kulicke and Soffa Industries, Inc. 2.7B 45 83 61 76 56 57 43 1
Rambus Inc. 2.4B 43 82 41 95 54 48 44 1
Canadian Solar Inc. 2.2B 91 54 59 62 62 58 45 1
Credo Technology Group Holding Ltd 1.7B 94 61 77 79 86 88 46 1
Himax Technologies, Inc. 1.6B 78 55 91 85 95 77 47 1
Impinj, Inc. 1.4B 62 68 78 39 92 72 48 1
Ultra Clean Holdings, Inc. 1.4B 55 78 68 48 68 63 49 1
Cohu, Inc. 1.4B 52 82 57 59 59 57 50 1
Photronics, Inc. 1.3B 53 85 66 76 66 68 51 1
SMART Global Holdings, Inc. 1.1B 90 63 75 95 82 86 52 1
Veeco Instruments Inc. 1.0B 84 72 41 78 47 58 53 1
Alpha and Omega Semiconductor Limited 957.1M 89 64 67 87 67 77 54 1
PDF Solutions, Inc. 813.0M 54 81 64 90 51 62 55 1
CEVA, Inc. 804.5M 82 74 60 87 60 73 56 1
Ichor Holdings, Ltd. 789.3M 59 76 65 38 63 59 57 1
Maxeon Solar Technologies, Ltd. 603.6M 87 68 40 78 38 53 58 1
Enphase Energy, Inc. 27.8B 89 61 39 97 55 58 59 1
Wolfspeed, Inc. 8.7B 96 63 58 97 56 73 60 1
Daqo New Energy Corp. 5.4B 92 62 81 95 93 93 61 1
SiTime Corporation 3.8B 57 67 65 73 64 58 62 1
Onto Innovation Inc. 3.7B 84 71 67 72 73 77 63 1
JinkoSolar Holding Co., Ltd. 3.3B 87 62 77 94 94 89 64 1
Camtek Ltd. 1.1B 63 61 82 37 90 66 65 1
ACM Research, Inc. 950.7M 87 57 51 43 50 52 66 1
NeoPhotonics Corporation 837.4M 89 66 49 72 64 66 67 1
Hanwha Q CELLS Co., Ltd. 818.9M 60 93 47 85 74 72 68 1
indie Semiconductor, Inc. 752.7M 49 54 72 56 56 44 69 1
Magnachip Semiconductor Corporation 681.9M 56 78 79 72 72 74 70 1
Mykrolis Corp. 657.1M 77 53 73 92 79 72 71 1
Navitas Semiconductor Corporation 575.2M 37 80 80 62 80 67 72 1
Rigetti Computing, Inc. 426.1M 94 62 85 99 98 98 73 1
ChipMOS TECHNOLOGIES (Bermuda) LTD. 417.9M 60 71 61 60 69 56 74 1
Meta Materials Inc. 414.9M 51 78 42 41 51 41 75 1
Helix Technology Corporation 364.9M 66 77 79 85 52 65 76 1
Valens Semiconductor Ltd. 350.3M 92 70 66 45 73 75 77 1
Rockley Photonics Holdings Limited 338.0M 48 82 40 37 52 41 78 1
CyberOptics Corporation 278.5M 71 66 72 64 86 74 79 1
Transphorm, Inc. 260.9M 41 87 39 47 55 45 80 1

Income Statement Analysis

Axcelis appears likely to maintain its strong income statement metrics and momentum going forward. Axcelis reported impressive EBITDA this period. At filing, EBITDA was reported as 168.1, representing 21.1% change from the previous period. Companies in the same industry and market capitalization are typically affected by this parameter by up to 13.2%. Its EBITDA metrics highlight an impressive overall financial performance, which is expected to continue moving forward. The company's EBITDA movement, therefore, received a grade of 91. Also, In this filing, Axcelis reported a return on equity (ROE) ratio of 23.6, which represents a change of 22.3%. These numbers show that management has successfully encouraged growth while managing ROE and ROA metrics, especially relative to their peers. The company's return factors (ROA & ROE) components, therefore, received a grade of 91. That said, one metric, Revenue Efficiency, stood out as particularly concerning. Axcelis's revenue efficiency metrics look especially concerning this period, highlighting issues management is having controlling and reducing expenses while increasing earnings. This metric might have a 18.5 percent impact on companies in the same industry and with the same market capitalization. Their revenue efficiency does not make a compelling case for upward pressure on the company's stock price. Consequently, their revenue efficiency received a grade of 44. Therefore, we scored its income statement a 67.

Parameter Value Change Score
EBITDA 168.1 21.1% 91
Total Revenues 733.2 10.7% 44
Return on Equity 23.6 22.3% 91
* All values are TTM

The below chart describes Axcelis's performance as reflected on its income statement with respect to its peers. While Axcelis received a income statement score of 67 , the average of its peers stands on 70.0.

  •  ACLS
  •  Peers average
Name Market Cap Revenue Momentum Earning Movement Return Factors Momentum Income Statement mc_sort Hidden
NVIDIA Corporation 422.4B 46 83 68 63 0 1
Intel Corporation 157.9B 90 55 73 76 1 1
Texas Instruments Incorporated 143.5B 69 78 71 74 2 1
QUALCOMM Incorporated 142.4B 48 87 79 66 3 1
Advanced Micro Devices, Inc. 139.6B 40 89 38 59 4 1
Broadcom Inc. 102.5B 59 80 90 71 5 1
Applied Materials, Inc. 84.9B 72 68 73 72 6 1
Analog Devices, Inc. 78.3B 40 91 93 65 7 1
Micron Technology, Inc. 65.6B 59 88 90 74 8 1
Lam Research Corporation 62.4B 80 63 75 74 9 1
KLA Corporation 50.5B 56 77 77 67 10 1
NXP Semiconductors N.V. 41.7B 59 79 90 71 11 1
Marvell Technology, Inc. 40.5B 41 89 88 64 12 1
Microchip Technology Incorporated 33.6B 57 83 92 71 13 1
GLOBALFOUNDRIES Inc. 24.5B 50 93 85 70 14 1
ON Semiconductor Corporation 23.5B 53 92 94 73 15 1
Monolithic Power Systems, Inc. 19.4B 45 90 83 66 16 1
SolarEdge Technologies, Inc. 16.5B 41 70 48 53 17 1
Skyworks Solutions, Inc. 15.8B 69 70 63 70 18 1
Teradyne, Inc. 15.7B 88 57 62 75 19 1
Entegris, Inc. 14.2B 56 80 80 69 20 1
Qorvo, Inc. 10.6B 76 65 63 71 21 1
First Solar, Inc. 7.5B 98 43 40 73 22 1
Lattice Semiconductor Corporation 7.2B 54 88 89 71 23 1
MKS Instruments, Inc. 6.0B 78 66 65 74 24 1
Universal Display Corporation 5.4B 71 63 61 68 25 1
Silicon Laboratories Inc. 5.3B 44 96 98 70 26 1
CMC Materials, Inc. 5.2B 72 76 93 76 27 1
Tower Semiconductor Ltd. 5.1B 63 87 82 79 28 1
Synaptics Incorporated 5.1B 45 91 90 68 29 1
Power Integrations, Inc. 4.5B 80 76 83 80 30 1
Amkor Technology, Inc. 4.3B 63 76 77 70 31 1
Cirrus Logic, Inc. 4.1B 42 92 93 67 32 1
Allegro MicroSystems, Inc. 4.1B 68 48 67 61 33 1
Semtech Corporation 3.6B 64 84 87 75 34 1
MACOM Technology Solutions Holdings, Inc. 3.4B 74 77 73 76 35 1
SunPower Corporation 3.2B 49 43 72 49 36 1
FormFactor, Inc. 3.1B 79 76 83 80 37 1
Diodes Incorporated 3.1B 66 84 86 76 38 1
Silicon Motion Technology Corporation 2.9B 54 83 78 72 39 1
Nova Ltd. 2.8B 41 89 78 70 40 1
MaxLinear, Inc. 2.7B 56 92 96 75 41 1
Ambarella, Inc. 2.7B 56 89 79 71 42 1
Kulicke and Soffa Industries, Inc. 2.7B 73 82 85 79 43 1
Rambus Inc. 2.4B 48 85 62 64 44 1
Canadian Solar Inc. 2.2B 73 76 53 72 45 1
Credo Technology Group Holding Ltd 1.7B 38 88 63 60 46 1
Himax Technologies, Inc. 1.6B 53 84 66 70 47 1
Impinj, Inc. 1.4B 64 53 52 59 48 1
Ultra Clean Holdings, Inc. 1.4B 53 73 71 63 49 1
Cohu, Inc. 1.4B 92 53 49 75 50 1
Photronics, Inc. 1.3B 55 86 92 71 51 1
SMART Global Holdings, Inc. 1.1B 48 86 68 65 52 1
Veeco Instruments Inc. 1.0B 66 84 91 76 53 1
Alpha and Omega Semiconductor Limited 957.1M 62 75 76 69 54 1
PDF Solutions, Inc. 813.0M 49 95 89 71 55 1
CEVA, Inc. 804.5M 51 90 97 71 56 1
Ichor Holdings, Ltd. 789.3M 72 60 55 67 57 1
Maxeon Solar Technologies, Ltd. 603.6M 50 49 60 49 58 1
Enphase Energy, Inc. 27.8B 45 74 55 57 59 1
Wolfspeed, Inc. 8.7B 49 90 86 69 60 1
Daqo New Energy Corp. 5.4B 37 96 94 65 61 1
SiTime Corporation 3.8B 39 93 78 64 62 1
Onto Innovation Inc. 3.7B 47 87 89 67 63 1
JinkoSolar Holding Co., Ltd. 3.3B 38 89 81 62 64 1
Camtek Ltd. 1.1B 50 81 71 68 65 1
ACM Research, Inc. 950.7M 88 42 42 67 66 1
NeoPhotonics Corporation 837.4M 45 95 90 69 67 1
Hanwha Q CELLS Co., Ltd. 818.9M 90 59 63 70 68 1
indie Semiconductor, Inc. 752.7M 37 47 69 43 69 1
Magnachip Semiconductor Corporation 681.9M 94 80 88 90 70 1
Mykrolis Corp. 657.1M 68 68 58 67 71 1
Navitas Semiconductor Corporation 575.2M 56 45 72 53 72 1
Rigetti Computing, Inc. 426.1M 92 44 69 73 73 1
ChipMOS TECHNOLOGIES (Bermuda) LTD. 417.9M 87 49 76 66 74 1
Meta Materials Inc. 414.9M 37 45 70 43 75 1
Helix Technology Corporation 364.9M 89 47 51 74 76 1
Valens Semiconductor Ltd. 350.3M 41 86 65 65 77 1
Rockley Photonics Holdings Limited 338.0M 97 50 83 79 78 1
CyberOptics Corporation 278.5M 54 87 87 71 79 1
Transphorm, Inc. 260.9M 37 81 97 68 80 1

Cash Flow Analysis

Axcelis appears likely to maintain its strong cash flow metrics and momentum going forward. Axcelis's published asset turnover numbers were encouraging and reflected management's balanced change strategy. Axcelis recorded asset turnover of 1.0, which represents a 8.1% change from the previous report. This metric might have a 10.7 percent impact on companies in the same industry and with the same market capitalization. Its asset turnover metrics are especially remarkable relative to their peers. We believe the stock price has room to grow to reflect its intrinsic value accurately. The company's asset turnover movement, therefore, received a grade of 85. Also, Axcelis's management was effective in improving their net cash flow, which now sits at 90.4 and represents a -1.2% change from the previous report. Their net cash flow metrics are especially remarkable relative to their peers. Consequently, their net cash flow movement received a grade of 81. That said, one metric, Capital Expenditure, stood out as particularly concerning. Axcelis's published capital expenditures (CapEx) numbers were discouraging and reflected management's unbalanced growth strategy. Axcelis recorded CapEx of -8.9, which represents a -1.8% change from the previous report. The company's disappointing CapEx growth is expected to stunt the momentum they hoped for this period. Therefore, their CapEx movement component earned a score of 68. Consequently, their cash flow earned a score of 82.

Parameter Value Change Score
Net Cashflow 90.4 -1.2% 81
Capital Expenditure -8.9 -1.8% 68
Asset Turnover 1.0 8.1% 85
Free Cashflow 4.5 7.8% 77
* All values are TTM

The below chart describes Axcelis's performance as reflected on its cash flow with respect to its peers. While Axcelis received a cash flow score of 82, the average of its peers stands on 69.0.

  •  ACLS
  •  Peers average
Name Market Cap Cashflow Momentum Free Cashflow Growth Capital Expenditure Growth Assets Factors Momentum Cash Flow mc_sort Hidden
NVIDIA Corporation 422.4B 93 65 61 86 82 0 1
Intel Corporation 157.9B 57 72 68 53 58 1 1
Texas Instruments Incorporated 143.5B 74 74 63 69 70 2 1
QUALCOMM Incorporated 142.4B 65 65 70 87 77 3 1
Advanced Micro Devices, Inc. 139.6B 93 66 69 37 57 4 1
Broadcom Inc. 102.5B 74 76 87 89 85 5 1
Applied Materials, Inc. 84.9B 75 59 69 72 69 6 1
Analog Devices, Inc. 78.3B 78 76 51 94 84 7 1
Micron Technology, Inc. 65.6B 81 85 81 74 80 8 1
Lam Research Corporation 62.4B 72 60 56 75 68 9 1
KLA Corporation 50.5B 70 76 52 79 74 10 1
NXP Semiconductors N.V. 41.7B 59 72 51 85 73 11 1
Marvell Technology, Inc. 40.5B 94 84 58 46 65 12 1
Microchip Technology Incorporated 33.6B 80 79 48 84 79 13 1
GLOBALFOUNDRIES Inc. 24.5B 54 86 45 64 64 14 1
ON Semiconductor Corporation 23.5B 60 79 55 74 70 15 1
Monolithic Power Systems, Inc. 19.4B 84 78 59 75 77 16 1
SolarEdge Technologies, Inc. 16.5B 46 38 55 52 43 17 1
Skyworks Solutions, Inc. 15.8B 78 57 79 73 71 18 1
Teradyne, Inc. 15.7B 75 65 66 68 68 19 1
Entegris, Inc. 14.2B 60 57 50 77 65 20 1
Qorvo, Inc. 10.6B 78 65 87 71 73 21 1
First Solar, Inc. 7.5B 46 84 56 46 53 22 1
Lattice Semiconductor Corporation 7.2B 79 77 43 82 77 23 1
MKS Instruments, Inc. 6.0B 58 58 92 56 59 24 1
Universal Display Corporation 5.4B 74 81 68 65 71 25 1
Silicon Laboratories Inc. 5.3B 70 89 81 88 86 26 1
CMC Materials, Inc. 5.2B 72 66 68 80 75 27 1
Tower Semiconductor Ltd. 5.1B 76 57 55 58 68 28 1
Synaptics Incorporated 5.1B 85 62 98 55 67 29 1
Power Integrations, Inc. 4.5B 88 77 64 82 82 30 1
Amkor Technology, Inc. 4.3B 46 57 61 71 60 31 1
Cirrus Logic, Inc. 4.1B 83 98 61 90 91 32 1
Allegro MicroSystems, Inc. 4.1B 56 56 77 56 56 33 1
Semtech Corporation 3.6B 79 78 58 79 78 34 1
MACOM Technology Solutions Holdings, Inc. 3.4B 46 78 54 78 69 35 1
SunPower Corporation 3.2B 84 41 39 93 74 36 1
FormFactor, Inc. 3.1B 78 81 66 58 68 37 1
Diodes Incorporated 3.1B 77 61 52 80 72 38 1
Silicon Motion Technology Corporation 2.9B 63 53 46 85 61 39 1
Nova Ltd. 2.8B 58 53 39 56 54 40 1
MaxLinear, Inc. 2.7B 90 92 80 81 88 41 1
Ambarella, Inc. 2.7B 84 95 45 75 80 42 1
Kulicke and Soffa Industries, Inc. 2.7B 93 81 83 74 83 43 1
Rambus Inc. 2.4B 96 73 89 89 90 44 1
Canadian Solar Inc. 2.2B 69 70 74 68 71 45 1
Credo Technology Group Holding Ltd 1.7B 60 85 37 43 53 46 1
Himax Technologies, Inc. 1.6B 66 77 48 79 67 47 1
Impinj, Inc. 1.4B 70 38 85 73 65 48 1
Ultra Clean Holdings, Inc. 1.4B 68 41 41 76 62 49 1
Cohu, Inc. 1.4B 92 62 71 44 59 50 1
Photronics, Inc. 1.3B 65 92 96 79 83 51 1
SMART Global Holdings, Inc. 1.1B 47 85 95 54 62 52 1
Veeco Instruments Inc. 1.0B 73 82 48 69 71 53 1
Alpha and Omega Semiconductor Limited 957.1M 49 64 45 59 54 54 1
PDF Solutions, Inc. 813.0M 81 98 45 92 89 55 1
CEVA, Inc. 804.5M 57 54 84 83 71 56 1
Ichor Holdings, Ltd. 789.3M 51 37 87 71 59 57 1
Maxeon Solar Technologies, Ltd. 603.6M 87 90 59 88 84 58 1
Enphase Energy, Inc. 27.8B 89 77 64 40 60 59 1
Wolfspeed, Inc. 8.7B 57 74 76 46 55 60 1
Daqo New Energy Corp. 5.4B 78 86 63 96 89 61 1
SiTime Corporation 3.8B 83 87 56 44 62 62 1
Onto Innovation Inc. 3.7B 95 65 88 85 85 63 1
JinkoSolar Holding Co., Ltd. 3.3B 67 69 73 78 74 64 1
Camtek Ltd. 1.1B 69 70 74 72 71 65 1
ACM Research, Inc. 950.7M 62 43 50 54 50 66 1
NeoPhotonics Corporation 837.4M 50 63 67 87 72 67 1
Hanwha Q CELLS Co., Ltd. 818.9M 64 63 74 73 68 68 1
indie Semiconductor, Inc. 752.7M 69 80 52 98 85 69 1
Magnachip Semiconductor Corporation 681.9M 65 56 76 54 57 70 1
Mykrolis Corp. 657.1M 65 69 68 82 75 71 1
Navitas Semiconductor Corporation 575.2M 70 87 94 93 90 72 1
Rigetti Computing, Inc. 426.1M 48 76 51 60 58 73 1
ChipMOS TECHNOLOGIES (Bermuda) LTD. 417.9M 66 64 68 94 73 74 1
Meta Materials Inc. 414.9M 85 56 68 97 84 75 1
Helix Technology Corporation 364.9M 75 62 63 56 61 76 1
Valens Semiconductor Ltd. 350.3M 53 89 90 46 66 77 1
Rockley Photonics Holdings Limited 338.0M 80 72 66 46 59 78 1
CyberOptics Corporation 278.5M 49 74 89 78 72 79 1
Transphorm, Inc. 260.9M 81 87 96 94 88 80 1

This report is intended for general guidance and information purposes only and under no circumstances is tailored to a specific factor or variable related to its reader or intended to be used or considered as financial or investment advice, a solicitation of any offer, a recommendation, or an offer to sell or buy any securities or other form of a financial asset. For the full disclaimer, click here.