Why NASDAQ:ACLS Is a Promising High-Growth Stock in the Midst of Consolidation.

Last update: Oct 9, 2023

Exploring Growth Potential: AXCELIS TECHNOLOGIES INC (NASDAQ:ACLS) and Its Base Formation. Growth investors seek promising revenue and EPS growth, and AXCELIS TECHNOLOGIES INC has come under our scrutiny for potential growth investing. While it's crucial to do your own research, we've detected AXCELIS TECHNOLOGIES INC on our screen for growth with base formation, suggesting it merits a closer look.

A Closer Look at Growth for NASDAQ:ACLS

ChartMill employs its own Growth Rating system for all stocks. This score, ranging from 0 to 10, is derived by evaluating different growth factors, such as EPS and revenue growth, taking into account both past performance and future projections. NASDAQ:ACLS has earned a 8 for growth:

ACLS shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 40.82%, which is quite impressive.
The Earnings Per Share has been growing by 30.01% on average over the past years. This is a very strong growth
The Revenue has grown by 26.77% 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.
ACLS is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 14.00% yearly.

Assessing Health Metrics for NASDAQ:ACLS

To gauge a stock's financial health, ChartMill utilizes a Health Rating on a scale of 0 to 10. This comprehensive evaluation encompasses liquidity and solvency, both in absolute terms and in comparison to industry peers. NASDAQ:ACLS has earned a 8 out of 10:

An Altman-Z score of 11.04 indicates that ACLS is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 11.04, ACLS belongs to the top of the industry, outperforming 83.96% of the companies in the same industry.
The Debt to FCF ratio of ACLS is 0.19, which is an excellent value as it means it would take ACLS, only 0.19 years of fcf income to pay off all of its debts.
ACLS has a Debt to FCF ratio of 0.19. This is amongst the best in the industry. ACLS outperforms 84.91% of its industry peers.
A Debt/Equity ratio of 0.06 indicates that ACLS is not too dependend on debt financing.
ACLS has a Debt to Equity ratio of 0.06. This is in the better half of the industry: ACLS outperforms 62.26% of its industry peers.
A Current Ratio of 3.82 indicates that ACLS has no problem at all paying its short term obligations.
ACLS has a Quick Ratio of 2.62. This indicates that ACLS is financially healthy and has no problem in meeting its short term obligations.

Assessing Profitability for NASDAQ:ACLS

ChartMill assigns a Profitability Rating to every stock. This score ranges from 0 to 10 and evaluates the different profitability ratios and margins, both absolutely, but also relative to the industry peers. NASDAQ:ACLS scores a 8 out of 10:

ACLS has a better Return On Assets (18.41%) than 85.85% of its industry peers.
ACLS has a better Return On Equity (27.76%) than 83.02% of its industry peers.
ACLS has a Return On Invested Capital of 22.00%. This is amongst the best in the industry. ACLS outperforms 87.74% of its industry peers.
The Average Return On Invested Capital over the past 3 years for ACLS is above the industry average of 12.96%.
The last Return On Invested Capital (22.00%) for ACLS is above the 3 year average (17.01%), which is a sign of increasing profitability.
The Profit Margin of ACLS (20.19%) is better than 72.64% of its industry peers.
ACLS has a Operating Margin of 21.93%. This is in the better half of the industry: ACLS outperforms 71.70% of its industry peers.
ACLS's Operating Margin has improved in the last couple of years.
In the last couple of years the Gross Margin of ACLS has grown nicely.

How does the Setup look for NASDAQ:ACLS

ChartMill takes into account not only the Technical Rating but also assigns a Setup Rating to each stock. This rating, on a scale of 0 to 10, reflects the degree of consolidation observed based on short-term technical indicators. Currently, NASDAQ:ACLS exhibits a 8 setup rating, indicating its consolidation status in recent days and weeks.

ACLS has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 163.06. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 159.69, 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.

Our latest full fundamental report of ACLS contains the most current fundamental analsysis.

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

Disclaimer

This article should in no way be interpreted as advice in any way. The article is based on the observed metrics at the time of writing, but you should always make your own analysis and trade or invest at your own responsibility.