|Bid||76.50 x 800|
|Ask||78.00 x 800|
|Day's Range||71.44 - 77.08|
|52 Week Range||41.31 - 83.74|
|Beta (5Y Monthly)||1.65|
|PE Ratio (TTM)||34.16|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Semiconductor equipment maker Axcelis Technologies sees an open road for growth thanks to the electrification of the automotive industry.
The consensus price target hints at a 31.7% upside potential for Axcelis (ACLS). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
It has triggered a boom in the semiconductor industry, which manufactures the advanced computer chips that bring electronics to life. Axcelis Technologies is one of many semiconductor-service companies, making best-in-class ion implantation equipment critical to the fabrication process. The company sells its equipment to the largest chipmakers in the world, so it has a hand in producing a diverse range of semiconductor hardware for different applications, from processors to storage chips.