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Best Semiconductor Equipment Stocks to Buy Now (2024)
Top semiconductor equipment stocks in 2024 ranked by overall Zen Score. See the best semiconductor equipment stocks to buy now, according to analyst forecasts for the semiconductor equipment & materials industry.

Industry: Semiconductor Equipment &...
Ticker
Company
Zen Score
Valuation Score
Financials Score
Forecast Score
Performance Score
Dividends Score
ACLS
AXCELIS TECHNOLOGIES INC
63
100
71
0
80
PLAB
PHOTRONICS INC
56
86
100
0
40
ACMR
ACM RESEARCH INC
56
71
71
22
60
KLIC
KULICKE & SOFFA INDUSTRIES INC
53
57
86
44
0
80
AEHR
AEHR TEST SYSTEMS
52
71
86
0
50

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Use Zen Score to quickly analyze stock fundamentals, even if you don't have a finance background. We run time-tested due diligence checks inspired by legendary investors like Warren Buffett, and score each company based on how many they pass/fail.

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Semiconductor Equipment Stocks FAQ

What are the best semiconductor equipment stocks to buy right now in May 2024?

According to Zen Score, the 3 best semiconductor material stocks to buy right now are:

1. Axcelis Technologies (NASDAQ:ACLS)


Axcelis Technologies (NASDAQ:ACLS) is the top semiconductor equipment stock with a Zen Score of 63, which is 25 points higher than the semiconductor equipment industry average of 38. It passed 20 out of 33 due diligence checks and has strong fundamentals. Axcelis Technologies has seen its stock lose -17.38% over the past year, underperforming other semiconductor equipment stocks by -61 percentage points.

Axcelis Technologies has an average 1 year price target of $165.00, an upside of 62.24% from Axcelis Technologies's current stock price of $101.70.

Axcelis Technologies stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Axcelis Technologies, 100% have issued a Strong Buy rating, 0% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Photronics (NASDAQ:PLAB)


Photronics (NASDAQ:PLAB) is the second best semiconductor equipment stock with a Zen Score of 56, which is 18 points higher than the semiconductor equipment industry average of 38. It passed 17 out of 33 due diligence checks and has strong fundamentals. Photronics has seen its stock return 84.32% over the past year, overperforming other semiconductor equipment stocks by 41 percentage points.

3. Acm Research (NASDAQ:ACMR)


Acm Research (NASDAQ:ACMR) is the third best semiconductor equipment stock with a Zen Score of 56, which is 18 points higher than the semiconductor equipment industry average of 38. It passed 18 out of 33 due diligence checks and has strong fundamentals. Acm Research has seen its stock return 166.81% over the past year, overperforming other semiconductor equipment stocks by 123 percentage points.

Acm Research has an average 1 year price target of $32.00, an upside of 28.41% from Acm Research's current stock price of $24.92.

Acm Research stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 5 analysts covering Acm Research, 60% have issued a Strong Buy rating, 40% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

What are the semiconductor equipment stocks with highest dividends?

Out of 9 semiconductor equipment stocks that have issued dividends in the past year, the 3 semiconductor equipment stocks with the highest dividend yields are:

1. Kulicke & Soffa Industries (NASDAQ:KLIC)


Kulicke & Soffa Industries (NASDAQ:KLIC) has an annual dividend yield of 1.76%, which is 1 percentage points higher than the semiconductor equipment industry average of 0.93%. Kulicke & Soffa Industries's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Kulicke & Soffa Industries's dividend has shown consistent growth over the last 10 years.

Kulicke & Soffa Industries's dividend payout ratio of 84.6% indicates that its dividend yield is sustainable for the long-term.

2. Camtek (NASDAQ:CAMT)


Camtek (NASDAQ:CAMT) has an annual dividend yield of 1.69%, which is 1 percentage points higher than the semiconductor equipment industry average of 0.93%. Camtek's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Camtek's dividend has shown consistent growth over the last 10 years.

Camtek's dividend payout ratio of 0% indicates that its dividend yield might not be sustainable for the long-term.

3. Amkor Technology (NASDAQ:AMKR)


Amkor Technology (NASDAQ:AMKR) has an annual dividend yield of 1.01%, which is the same as the semiconductor equipment industry average of 0.93%.

Amkor Technology's dividend payout ratio of 20.3% indicates that its dividend yield is sustainable for the long-term.

Why are semiconductor equipment stocks down?

Semiconductor equipment stocks were down -2.66% in the last day, and down -1.04% over the last week. Entegris was the among the top losers in the semiconductor equipment & materials industry, dropping -7.23% yesterday.

Entegris shares are trading lower after the company issued weak Q2 guidance.

What are the most undervalued semiconductor equipment stocks?

Based on WallStreetZen's Valuation Score, the 3 most undervalued semiconductor equipment stocks right now are:

1. Axcelis Technologies (NASDAQ:ACLS)


Axcelis Technologies (NASDAQ:ACLS) is the most undervalued semiconductor equipment stock based on WallStreetZen's Valuation Score. Axcelis Technologies has a valuation score of 100, which is 67 points higher than the semiconductor equipment industry average of 33. It passed 7 out of 7 valuation due diligence checks.

Axcelis Technologies's stock has dropped -17.38% in the past year. It has underperformed other stocks in the semiconductor equipment industry by -61 percentage points.

2. Photronics (NASDAQ:PLAB)


Photronics (NASDAQ:PLAB) is the second most undervalued semiconductor equipment stock based on WallStreetZen's Valuation Score. Photronics has a valuation score of 86, which is 53 points higher than the semiconductor equipment industry average of 33. It passed 6 out of 7 valuation due diligence checks.

Photronics's stock has gained 84.32% in the past year. It has overperformed other stocks in the semiconductor equipment industry by 41 percentage points.

3. Acm Research (NASDAQ:ACMR)


Acm Research (NASDAQ:ACMR) is the third most undervalued semiconductor equipment stock based on WallStreetZen's Valuation Score. Acm Research has a valuation score of 71, which is 38 points higher than the semiconductor equipment industry average of 33. It passed 5 out of 7 valuation due diligence checks.

Acm Research's stock has gained 166.81% in the past year. It has overperformed other stocks in the semiconductor equipment industry by 123 percentage points.

Are semiconductor equipment stocks a good buy now?

52.17% of semiconductor equipment stocks rated by analysts are a buy right now. On average, analysts expect semiconductor equipment stocks to rise by 17.21% over the next year.

What is the average p/e ratio of the semiconductor equipment & materials industry?

The average P/E ratio of the semiconductor equipment & materials industry is 35.84x.
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Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.