Axcelis Technologies (ACLS) Stock Moves 2.29%: What You Should Know

Axcelis Technologies (ACLS) rose 2.29% to $115.74 in the latest session but has underperformed over the past month, declining 8.37% while the broader market gained. The company is forecasted to report EPS of $1.11 (down 8.26% YoY) with revenue projected at $230.05 million (up 7.7% YoY). ACLS holds a Zacks Rank #3 (Hold) rating with a Forward P/E of 27.46, trading at a discount to its industry average.