Axcelis Technologies (ACLS) Declines More Than Market: Some Information for Investors

Axcelis Technologies (ACLS) declined 3.03% to $115.56, underperforming the S&P 500's 0.48% loss. The stock has fallen 11.96% over the past month. Analysts expect upcoming earnings of $1.11 per share (down 8.26% YoY) with revenue of $230.05 million (up 7.7% YoY). Full-year estimates project earnings of $4.12 per share (down 15.57% YoY) and revenue of $883.6 million (up 5.31% YoY). ACLS holds a Zacks Rank of #3 (Hold) with a Forward P/E of 28.92, trading at a slight discount to its industry average.