You Should Consider Axcelis Technologies Inc (NASDAQ:ACLS) Because Of These Reasons

Axcelis Technologies Inc (NASDAQ:ACLS) is a stock with outstanding fundamental characteristics. When we build an investment case, we need to look at the stock with a holistic perspective. In the case of ACLS, it is a company with great financial health as well as a a strong track record of performance. In the following section, I expand a bit more on these key aspects. If you’re interested in understanding beyond my high-level commentary, read the full report on Axcelis Technologies here.

Solid track record with excellent balance sheet

Over the past few years, ACLS has more than doubled its earnings, with its most recent figure exceeding its annual average over the past five years. This illustrates a strong track record, leading to a satisfying return on equity of 35.36%, which is an notable feat for the company. ACLS is financially robust, with ample cash on hand and short-term investments to meet upcoming liabilities. This implies that ACLS manages its cash and cost levels well, which is an important determinant of the company’s health. ACLS’s has produced operating cash levels of 1.41x total debt over the past year, which implies that ACLS’s management has put its borrowings into good use by generating enough cash to cover a sufficient portion of borrowings.

NasdaqGS:ACLS Income Statement June 21st 18

Next Steps:

For Axcelis Technologies, I’ve put together three fundamental aspects you should further examine:

1. Future Outlook: What are well-informed industry analysts predicting for ACLS’s future growth? Take a look at our free research report of analyst consensus for ACLS’s outlook.

2. Valuation: What is ACLS worth today? Is the stock undervalued, even when its growth outlook is factored into its intrinsic value? The intrinsic value infographic in our free research report helps visualize whether ACLS is currently mispriced by the market.

3. Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of ACLS? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!

To help readers see pass the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price sensitive company announcements.

The author is an independent contributor and at the time of publication had no position in the stocks mentioned.