Unlocking the Growth Potential of NASDAQ:ACLS.

Groth investors are looking for stocks showing high revenue and EPS growth. We will have a look here to see if AXCELIS TECHNOLOGIES INC (NASDAQ:ACLS) is suited for growth investing. Investors should of course do their own research, but we spotted AXCELIS TECHNOLOGIES INC showing up in our CANSLIM growth screen, so it may be worth spending some more time on it.

Why NASDAQ:ACLS may be interesting for canslim investors.

• In the most recent financial report, AXCELIS TECHNOLOGIES INC reported a 64.46% increase in quarterly earnings compared to the previous quarter. This notable growth indicates positive momentum in the company's financials, suggesting an upward trend
• AXCELIS TECHNOLOGIES INC has achieved 27.53% growth in its revenue over the previous quarter, signaling positive momentum in its financial performance and potential market opportunities.
• The EPS of AXCELIS TECHNOLOGIES INC has shown consistent growth over a 3-year period, indicating the company's ability to generate increasing earnings over time.
• AXCELIS TECHNOLOGIES INC exhibits a strong Return on Equity (ROE) of 28.99%, indicating the company's ability to generate solid returns on shareholder investments. This metric reflects the company's efficient utilization of equity capital and its profitability.
• The Relative Strength (RS) of AXCELIS TECHNOLOGIES INC has consistently been strong, with a current 83.09 rating. This indicates the stock's ability to exhibit relative price outperformance and reflects its competitive strength. AXCELIS TECHNOLOGIES INC demonstrates promising potential for sustained price momentum.
• AXCELIS TECHNOLOGIES INC maintains a healthy Debt-to-Equity ratio of 0.06. This indicates the company's conservative capital structure and signifies its ability to effectively manage debt obligations while maintaining a strong equity position.
• With 35.9% of the total shares held by institutional investors, AXCELIS TECHNOLOGIES INC showcases a healthy distribution of ownership. This suggests a mix of institutional and retail investors, fostering a dynamic market for the stock.

Analyzing the Technical Aspects

ChartMill employs a sophisticated system to assign a Technical Rating to every stock in its analysis. This rating, which ranges from 0 to 10, is determined by carefully assessing multiple technical indicators and properties.

Overall ACLS gets a technical rating of 1 out of 10. ACLS has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

• Looking at the yearly performance, ACLS did better than 83% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
• ACLS is an average performer in the Semiconductors & Semiconductor Equipment industry, it outperforms 64% of 105 stocks in the same industry.
• ACLS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ACLS is lagging the market.

Check the latest full technical report of ACLS for a complete technical analysis.

Fundamental analysis of NASDAQ:ACLS

Every day, ChartMill assigns a Fundamental Rating to each stock, providing a score ranging from 0 to 10. This rating is determined by evaluating various fundamental indicators and properties.

Overall ACLS gets a fundamental rating of 7 out of 10. We evaluated ACLS against 105 industry peers in the Semiconductors & Semiconductor Equipment industry. ACLS has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. ACLS is evaluated to be cheap and growing strongly. This does not happen too often! These ratings could make ACLS a good candidate for value and growth and quality investing.

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

Our CANSLIM screen will find you more ideas suited for growth investing.

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.