Axcelis Technologies Shares Drop 1.4%; Q4 EPS Seen Down 27%
Axcelis Technologies shares declined 1.39%, narrowly outperforming the S&P 500’s 1.57% drop. The company will report Q4 results on February 17, with EPS projected at $1.12 (down 27.27%) and revenue of $215.3 million (down 14.71%).
1. Daily Stock Movement
Axcelis Technologies shares slipped 1.39%, while the S&P 500 fell 1.57%, the Dow lost 1.34% and the Nasdaq declined 2.04%. The semiconductor services firm’s loss was narrower than the Computer & Technology sector’s 1.83% drop and the S&P 500’s 0.29% retreat prior to today’s close.
2. Upcoming Earnings Forecast
The company is scheduled to unveil its Q4 results on February 17. Consensus calls for EPS of $1.12, a 27.27% year-over-year decline, and revenue of $215.3 million, down 14.71% compared to Q4 last year. Full-year consensus estimates project EPS of $4.50 (–26.83%) and revenue of $816.05 million (–19.83%).
3. Valuation and Analyst Ranking
Axcelis trades at a forward P/E of 20.87, below its industry average of 26.25, indicating a valuation discount. It holds an analyst consensus rating of Hold and sits in the top 13% of its industry group based on rank, reflecting moderate confidence in its near-term outlook.