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NASDAQ:ACLS—A High-Growth Stock Gearing Up for Its Next Upward Move.

By Mill Chart

Last update: Nov 29, 2023

Growth investors are on the lookout for stocks displaying robust revenue and EPS growth. In this analysis, we'll assess whether AXCELIS TECHNOLOGIES INC (NASDAQ:ACLS) aligns with growth investing criteria, especially as it consolidates and signals a possible breakout. As always, investors should conduct their own research, but AXCELIS TECHNOLOGIES INC has surfaced on our radar for growth with base formation, warranting further examination.

Deciphering NASDAQ:ACLS's Growth Rating

Every stock receives a Growth Rating from ChartMill, ranging from 0 to 10. This rating assesses various growth aspects, including historical and projected EPS and revenue growth. NASDAQ:ACLS boasts a 8 out of 10:

  • ACLS shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 45.63%, which is quite impressive.
  • Measured over the past years, ACLS shows a very strong growth in Earnings Per Share. The EPS has been growing by 30.01% on average per year.
  • The Revenue has grown by 26.37% in the past year. This is a very strong growth!
  • ACLS shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 17.51% yearly.
  • The Earnings Per Share is expected to grow by 19.75% on average over the next years. This is quite good.
  • The Revenue is expected to grow by 13.54% on average over the next years. This is quite good.

Health Analysis for NASDAQ:ACLS

ChartMill assigns a Health Rating to every stock. This score ranges from 0 to 10 and evaluates the different health aspects like liquidity and solvency, both absolutely, but also relative to the industry peers. NASDAQ:ACLS scores a 8 out of 10:

  • An Altman-Z score of 8.81 indicates that ACLS is not in any danger for bankruptcy at the moment.
  • ACLS has a Altman-Z score of 8.81. This is in the better half of the industry: ACLS outperforms 78.10% of its industry peers.
  • The Debt to FCF ratio of ACLS is 0.23, which is an excellent value as it means it would take ACLS, only 0.23 years of fcf income to pay off all of its debts.
  • ACLS has a Debt to FCF ratio of 0.23. This is amongst the best in the industry. ACLS outperforms 82.86% of its industry peers.
  • ACLS has a Debt/Equity ratio of 0.06. This is a healthy value indicating a solid balance between debt and equity.
  • ACLS has a Current Ratio of 3.89. This indicates that ACLS is financially healthy and has no problem in meeting its short term obligations.
  • ACLS's Current ratio of 3.89 is fine compared to the rest of the industry. ACLS outperforms 62.86% of its industry peers.
  • ACLS has a Quick Ratio of 2.69. This indicates that ACLS is financially healthy and has no problem in meeting its short term obligations.

Exploring NASDAQ:ACLS's Profitability

ChartMill assigns a proprietary Profitability Rating to each stock. The score is computed by evaluating various profitability ratios and margins and ranges from 0 to 10. NASDAQ:ACLS was assigned a score of 8 for profitability:

  • The Return On Assets of ACLS (19.32%) is better than 87.62% of its industry peers.
  • Looking at the Return On Equity, with a value of 28.99%, ACLS belongs to the top of the industry, outperforming 84.76% of the companies in the same industry.
  • ACLS has a Return On Invested Capital of 22.11%. This is amongst the best in the industry. ACLS outperforms 91.43% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for ACLS is above the industry average of 12.18%.
  • The 3 year average ROIC (17.01%) for ACLS is below the current ROIC(22.11%), indicating increased profibility in the last year.
  • Looking at the Profit Margin, with a value of 21.37%, ACLS is in the better half of the industry, outperforming 77.14% of the companies in the same industry.
  • ACLS's Operating Margin of 22.36% is fine compared to the rest of the industry. ACLS outperforms 74.29% of its industry peers.
  • ACLS's Operating Margin has improved in the last couple of years.
  • ACLS's Gross Margin has improved in the last couple of years.

Why is NASDAQ:ACLS a setup?

In addition to the Technical Rating, ChartMill provides a Setup Rating for each stock. This rating, ranging from 0 to 10, assesses the extent of consolidation in the stock based on multiple short-term technical indicators. Currently, NASDAQ:ACLS has a 8 as its setup rating:

Although the technical rating is bad, ACLS does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 125.75, a Stop Loss order could be placed below this zone.

Every day, new Strong Growth stocks can be found on ChartMill in our Strong Growth screener.

For an up to date full fundamental analysis you can check the fundamental report of ACLS

For an up to date full technical analysis you can check the technical report of ACLS

Disclaimer

Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.

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AXCELIS TECHNOLOGIES INC

NASDAQ:ACLS (2/26/2024, 7:17:17 PM)

After market: 110.69 0 (0%)

110.69

+1.04 (+0.95%)

ACLS News

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