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Monday, April 16, 2012 11:29:13 AM
"Axcelis Technologies (Nasdaq: ACLS)
This maker of semiconductor fabrication equipment is also cash-rich. The company has $47 million in net cash and $215 million in tangible book value, though it's valued at just $173.5 million on the stock market.
As you'd imagine, annual results can be erratic, since Axcelis operates in a very cyclical industry. Sales averaged more than $400 million a year between 2004 and 2007, plunged below $150 million in 2009 and steadily rebounded back above the $300 million mark in 2011.
The analyst consensus figure for Axcelis appears to be too conservative, as one of the two analysts who track the stock appears to fail to account for a series of cost-cutting moves that should make the company decently profitable at current sales levels. It's hard to gauge where profits will head in coming years, because much depends on the nature of the semiconductor capital equipment spending cycle, but that 19% discount to tangible book value provides a solid floor for the stock."
http://seekingalpha.com/article/429871-3-micro-cap-value-stocks-that-could-double?source=yahoo
Recent ACLS News
- Axcelis Announces Participation in Upcoming Investor Conferences • PR Newswire (US) • 08/08/2024 12:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/06/2024 09:30:09 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 08/06/2024 08:17:40 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/01/2024 07:48:39 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/31/2024 08:11:13 PM
- Axcelis Announces Financial Results for Second Quarter 2024 • PR Newswire (US) • 07/31/2024 08:01:00 PM
- Axcelis Announces Timing and Availability of Second Quarter 2024 Results and Conference Call • PR Newswire (US) • 07/17/2024 08:01:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/09/2024 12:22:08 PM
- Axcelis Announces Preliminary Financial Results for Second Quarter 2024 Ahead of Investor Event • PR Newswire (US) • 07/09/2024 12:00:00 PM
- Axcelis Technologies Appoints David Ryzhik Senior Vice President of Investor Relations and Corporate Strategy • PR Newswire (US) • 06/27/2024 08:01:00 PM
- Axcelis Expands Semiconductor Equipment Business Operations in Japan • PR Newswire (US) • 06/27/2024 12:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/18/2024 08:15:43 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/18/2024 08:15:41 PM
- Axcelis Announces Participation in 16th Annual CEO Investor Summit 2024 • PR Newswire (US) • 06/18/2024 12:00:00 PM
- Axcelis to Host Company Sponsored Investor Event • PR Newswire (US) • 06/13/2024 12:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/05/2024 08:15:12 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/05/2024 08:15:10 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/20/2024 08:15:28 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/20/2024 08:15:20 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/20/2024 08:15:14 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/20/2024 08:15:13 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 05/20/2024 08:11:01 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/17/2024 08:15:56 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/17/2024 08:15:51 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/17/2024 08:15:47 PM
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