Sectors & Industries TechnologySemiconductor Equipment & Materials
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 &...

Overview Zen Score Price Valuation Financials Forecast Earnings & Revenue Dividends

Ticker	Company	Market Cap	Dividend Yield	Payout Ratio	Last Dividend	Annual Dividend	Dividend Percentile	Dividend Dropped Count (L10Y)	Ex-dividend Date	Div. Payment Date
ACLS	AXCELIS TECHNOLOGIES INC	$3.26B	N/A	0.00%	N/A	N/A	N/A	N/A
TER	TERADYNE INC	$16.67B	0.41%	15.50%	$0.1200	$0.45	6%	0
PLAB	PHOTRONICS INC	$1.76B	N/A	0.00%	N/A	N/A	N/A	N/A
ACMR	ACM RESEARCH INC	$1.73B	N/A	0.00%	N/A	N/A	N/A	N/A
KLIC	KULICKE & SOFFA INDUSTRIES INC	$2.60B	1.69%	84.60%	$0.2000	$0.78	34%	0
AEHR	AEHR TEST SYSTEMS	$326.74M	N/A	0.00%	N/A	N/A	N/A	N/A
AMAT	APPLIED MATERIALS INC	$164.10B	0.65%	15.00%	$0.3200	$1.28	11%	0	2024-05-22	2024-06-13
NVMI	NOVA LTD	$4.96B	N/A	0.00%	N/A	N/A	N/A	N/A
KLAC	KLA CORP	$91.01B	0.82%	27.00%	$1.4500	$5.50	14%	0
LRCX	LAM RESEARCH CORP	$118.19B	0.86%	28.70%	$2.0000	$7.73	15%	0
ASML	ASML HOLDING NV	$355.05B	0.73%	33.90%	$1.5794	$6.58	12%	5	2024-04-26	2024-05-07
INTT	INTEST CORP	$136.61M	N/A	0.00%	N/A	N/A	N/A	N/A
CAMT	CAMTEK LTD	$3.54B	1.69%	0.00%	$1.3300	$1.33	34%	0
ENTG	ENTEGRIS INC	$19.33B	0.31%	33.10%	$0.1000	$0.40	4%	0	2024-04-30	2024-05-22
IPGP	IPG PHOTONICS CORP	$4.07B	N/A	0.00%	N/A	N/A	N/A	N/A
ONTO	ONTO INNOVATION INC	$8.96B	N/A	0.00%	N/A	N/A	N/A	N/A
TRT	TRIO-TECH INTERNATIONAL	$27.02M	N/A	0.00%	N/A	N/A	N/A	N/A
DQ	DAQO NEW ENERGY CORP	$1.84B	N/A	N/A	N/A	N/A	N/A	N/A
AMKR	AMKOR TECHNOLOGY INC	$7.40B	1.02%	20.80%	$0.0788	$0.31	18%	0
INDI	INDIE SEMICONDUCTOR INC	$1.00B	N/A	0.00%	N/A	N/A	N/A	N/A
COHU	COHU INC	$1.45B	N/A	0.00%	$0.0600	N/A	N/A	0
AXTI	AXT INC	$128.32M	N/A	0.00%	N/A	N/A	N/A	N/A
AMBA	AMBARELLA INC	$1.73B	N/A	0.00%	N/A	N/A	N/A	N/A
ATOM	ATOMERA INC	$142.95M	N/A	0.00%	N/A	N/A	N/A	N/A
TGAN	TRANSPHORM INC	$305.58M	N/A	0.00%	N/A	N/A	N/A	N/A
UCTT	ULTRA CLEAN HOLDINGS INC	$1.82B	N/A	0.00%	N/A	N/A	N/A	N/A
VECO	VEECO INSTRUMENTS INC	$1.94B	N/A	0.00%	N/A	N/A	N/A	N/A
ASYS	AMTECH SYSTEMS INC	$68.54M	N/A	0.00%	N/A	N/A	N/A	N/A
ICHR	ICHOR HOLDINGS LTD	$1.13B	N/A	0.00%	N/A	N/A	N/A	N/A

Semiconductor Equipment Stocks FAQ

What are the best semiconductor equipment stocks to buy right now in Apr 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 -15.92% over the past year, underperforming other semiconductor equipment stocks by -70 percentage points.

Axcelis Technologies has an average 1 year price target of $165.00, an upside of 65% from Axcelis Technologies's current stock price of $100.00.

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. Teradyne (NASDAQ:TER)

Teradyne (NASDAQ:TER) is the second best semiconductor equipment stock with a Zen Score of 57, which is 19 points higher than the semiconductor equipment industry average of 38. It passed 20 out of 38 due diligence checks and has strong fundamentals. Teradyne has seen its stock return 15.43% over the past year, underperforming other semiconductor equipment stocks by -39 percentage points.

Teradyne has an average 1 year price target of $109.58, an upside of 0.62% from Teradyne's current stock price of $108.91.

Teradyne stock has a consensus Buy recommendation according to Wall Street analysts. Of the 12 analysts covering Teradyne, 16.67% have issued a Strong Buy rating, 33.33% have issued a Buy, 41.67% have issued a hold, while 8.33% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Photronics (NASDAQ:PLAB)

Photronics (NASDAQ:PLAB) 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 17 out of 33 due diligence checks and has strong fundamentals. Photronics has seen its stock return 94.53% over the past year, overperforming other semiconductor equipment stocks by 40 percentage points.

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 1.69%, which is 1 percentage points higher than the semiconductor equipment industry average of 0.91%. 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 0.91%. 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 1.02%, which is the same as the semiconductor equipment industry average of 0.91%.

Amkor Technology's dividend payout ratio of 20.8% indicates that its dividend yield is sustainable for the long-term.

Why are semiconductor equipment stocks up?

Semiconductor equipment stocks were up 1.76% in the last day, and up 2.26% over the last week. Teradyne was the among the top gainers in the semiconductor equipment & materials industry, gaining 8.15% yesterday.

Shares of semiconductor stocks are trading higher following strong earnings from Microsoft, which could be lifting AI optimism.

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 64 points higher than the semiconductor equipment industry average of 36. It passed 7 out of 7 valuation due diligence checks.

Axcelis Technologies's stock has dropped -15.92% in the past year. It has underperformed other stocks in the semiconductor equipment industry by -70 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 50 points higher than the semiconductor equipment industry average of 36. It passed 6 out of 7 valuation due diligence checks.

Photronics's stock has gained 94.53% in the past year. It has overperformed other stocks in the semiconductor equipment industry by 40 percentage points.

3. Teradyne (NASDAQ:TER)

Teradyne (NASDAQ:TER) is the third most undervalued semiconductor equipment stock based on WallStreetZen's Valuation Score. Teradyne has a valuation score of 71, which is 35 points higher than the semiconductor equipment industry average of 36. It passed 5 out of 7 valuation due diligence checks.

Teradyne's stock has gained 15.43% in the past year. It has underperformed other stocks in the semiconductor equipment industry by -39 percentage points.

Are semiconductor equipment stocks a good buy now?

47.83% of semiconductor equipment stocks rated by analysts are a buy right now. On average, analysts expect semiconductor equipment stocks to rise by 13% 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 38.58x.

WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

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.

Semiconductor Equipment Stocks FAQ

1. Axcelis Technologies (NASDAQ:ACLS)

2. Teradyne (NASDAQ:TER)

3. Photronics (NASDAQ:PLAB)

1. Kulicke & Soffa Industries (NASDAQ:KLIC)

2. Camtek (NASDAQ:CAMT)

3. Amkor Technology (NASDAQ:AMKR)

1. Axcelis Technologies (NASDAQ:ACLS)

2. Photronics (NASDAQ:PLAB)

3. Teradyne (NASDAQ:TER)

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