AXT Company Profile (NASDAQ:AXTI)

About AXT (NASDAQ:AXTI)

AXT logoAXT, Inc. (AXT) is a developer and producer of compound and single element semiconductor substrates, also known as wafers. The dominant substrates used in producing semiconductor chips and other electronic circuits are made from silicon. The Company is engaged in the design, development, manufacture and distribution of compound semiconductor substrates and sale of materials. The Company provides alternative or specialty materials in the form of substrates or wafers, including compound and single element substrates. Its compound substrates combine indium with phosphorous (InP) or gallium with arsenic (GaAs). Its single element substrates are made from germanium (Ge). The Company uses its Vertical Gradient Freeze (VGF) technique for growing single crystal Indium Phosphide (InP), Gallium Arsenide (GaAs) and Germanium (Ge) ingots used to produce wafers for diverse electronic and optoelectronic device and circuit applications.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Semiconductor - Integrated Circuits
  • Sub-Industry: Semiconductor Equipment
  • Symbol: NASDAQ:AXTI
  • CUSIP: 00246W10
  • Web: www.axt.com
Capitalization:
  • Market Cap: $256.32 million
  • Outstanding Shares: 38,256,000
Average Prices:
  • 50 Day Moving Avg: $6.55
  • 200 Day Moving Avg: $5.94
  • 52 Week Range: $2.95 - $8.65
P/E:
  • Trailing P/E Ratio: 36.02
  • Foreward P/E Ratio: 21.61
  • P/E Growth: 3.87
Sales & Book Value:
  • Annual Revenue: $83.25 million
  • Price / Sales: 3.08
  • Book Value: $4.27 per share
  • Price / Book: 1.57
Profitability:
  • EBIDTA: $12.35 million
  • Net Margins: 2.75%
  • Return on Equity: 1.62%
  • Return on Assets: 1.43%
Debt:
  • Current Ratio: 8.27%
  • Quick Ratio: 5.12%
Misc:
  • Average Volume: 811,718 shs.
  • Beta: 1.25
  • Short Ratio: 0.53
 

Frequently Asked Questions for AXT (NASDAQ:AXTI)

What is AXT's stock symbol?

AXT trades on the NASDAQ under the ticker symbol "AXTI."

How were AXT's earnings last quarter?

AXT Inc (NASDAQ:AXTI) posted its quarterly earnings results on Wednesday, April, 26th. The company reported $0.02 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.01 by $0.01. The company had revenue of $20.60 million for the quarter, compared to the consensus estimate of $18.45 million. AXT had a net margin of 2.75% and a return on equity of 1.62%. The business's quarterly revenue was up 10.2% compared to the same quarter last year. View AXT's Earnings History.

When will AXT make its next earnings announcement?

AXT is scheduled to release their next quarterly earnings announcement on Tuesday, July, 25th 2017. View Earnings Estimates for AXT.

Where is AXT's stock going? Where will AXT's stock price be in 2017?

5 analysts have issued 12 month price objectives for AXT's shares. Their predictions range from $7.00 to $10.00. On average, they expect AXT's share price to reach $8.20 in the next year. View Analyst Ratings for AXT.

What are analysts saying about AXT stock?

Here are some recent quotes from research analysts about AXT stock:

  • 1. According to Zacks Investment Research, "AXT, Inc., designs, develops, manufactures and distributes high-performance compound semiconductor substrates, as well as opto-electronic semiconductor devices such as high-brightness light emitting devices, and vertical cavity surface emitting lasers. " (5/23/2017)
  • 2. Needham & Company LLC analysts commented, "Before market open, AXTI announced that a fire at its Beijing manufacturing facility on the evening of March 15 has halted wafer production, impacting revenue for the current quarter. Luckily no one was injured but AXTI reduced 1Q17 revenue guidance by $1.5-2.0 million as a result. Clearly, this operational issue has no long-term impact on AXTI, and we continue to believe AXTI is well positioned to leverage growth in the optical space driven by demand for InP and the potential opportunity around 3D sensing. With meaningful top and bottom-line growth ahead, we would be a buyer on any weakness related to this news." (3/16/2017)

Are investors shorting AXT?

AXT saw a increase in short interest during the month of April. As of April 28th, there was short interest totalling 807,491 shares, an increase of 53.5% from the April 13th total of 526,092 shares. Based on an average daily trading volume, of 747,782 shares, the days-to-cover ratio is currently 1.1 days. Currently, 2.2% of the shares of the stock are sold short.

Who are some of AXT's key competitors?

Who owns AXT stock?

AXT's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Dimensional Fund Advisors LP (0.00%), Vanguard Group Inc. (0.00%), Kennedy Capital Management Inc. (0.00%), Hood River Capital Management LLC (0.00%), Renaissance Technologies LLC (0.00%) and Ariel Investments LLC (0.00%). Company insiders that own AXT stock include Davis Zhang, Jesse Chen, Leonard J Leblanc, Morris S Young and Robert G Ochrym. View Institutional Ownership Trends for AXT.

Who sold AXT stock? Who is selling AXT stock?

AXT's stock was sold by a variety of institutional investors in the last quarter, including Ariel Investments LLC, Russell Investments Group Ltd., ClariVest Asset Management LLC, Princeton Capital Management Inc., Renaissance Technologies LLC, Algert Global LLC, Oxford Asset Management and KCG Holdings Inc.. Company insiders that have sold AXT stock in the last year include Jesse Chen, Leonard J Leblanc, Morris S Young and Robert G Ochrym. View Insider Buying and Selling for AXT.

Who bought AXT stock? Who is buying AXT stock?

AXT's stock was bought by a variety of institutional investors in the last quarter, including Kennedy Capital Management Inc., Hood River Capital Management LLC, Driehaus Capital Management LLC, Northpointe Capital LLC, Dimensional Fund Advisors LP, Mckinley Capital Management LLC Delaware, Bogle Investment Management L P DE and Pacific Ridge Capital Partners LLC. View Insider Buying and Selling for AXT.

How do I buy AXT stock?

Shares of AXT can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of AXT stock cost?

One share of AXT stock can currently be purchased for approximately $6.70.

Analyst Ratings

Consensus Ratings for AXT (NASDAQ:AXTI) (?)
Ratings Breakdown: 1 Hold Rating, 4 Buy Ratings
Consensus Rating:Buy (Score: 2.80)
Consensus Price Target: $8.20 (22.39% upside)

Analysts' Ratings History for AXT (NASDAQ:AXTI)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/1/2017B. RileyReiterated RatingNeutral$7.00LowView Rating Details
4/27/2017Needham & Company LLCBoost Price TargetBuy -> Buy$8.50 -> $9.00HighView Rating Details
4/11/2017BWS FinancialInitiated CoverageBuy$10.00MediumView Rating Details
2/13/2017Dougherty & CoInitiated CoverageBuy$8.00N/AView Rating Details
9/29/2016Northland SecuritiesBoost Price TargetOutperform$4.50 -> $7.00N/AView Rating Details
5/3/2016Craig HallumUpgradeHold -> BuyN/AView Rating Details
(Data available from 5/25/2015 forward)

Earnings

Earnings History for AXT (NASDAQ:AXTI)
Earnings by Quarter for AXT (NASDAQ:AXTI)
Earnings History by Quarter for AXT (NASDAQ:AXTI)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
7/25/2017        
4/26/2017Q1 2017$0.01$0.02$18.45 million$20.60 millionViewN/AView Earnings Details
2/22/2017Q4 2016$0.03$0.06$19.09 million$20.30 millionViewListenView Earnings Details
10/26/2016Q3$0.04$0.07$12.52 billion$21.90 millionViewListenView Earnings Details
7/27/2016Q216$0.01$0.03$19.97 million$20.50 millionViewListenView Earnings Details
2/24/2016Q415($0.02)($0.04)$17.52 million$18.10 millionViewListenView Earnings Details
4/30/2015Q115($0.03)($0.03)$19.94 million$20.10 millionViewListenView Earnings Details
2/23/2015Q4($0.02)($0.01)$19.50 million$19.60 millionViewListenView Earnings Details
10/30/2014Q314$0.01$0.02$21.80 million$23.10 millionViewN/AView Earnings Details
7/31/2014Q214($0.05)$0.01$18.90 million$21.40 millionViewListenView Earnings Details
4/30/2014Q114($0.09)($0.06)$17.20 million$19.30 millionViewListenView Earnings Details
2/25/2014Q413($0.07)($0.04)$20.95 million$21.00 millionViewListenView Earnings Details
10/30/2013Q313($0.08)($0.07)$21.20 million$20.50 millionViewListenView Earnings Details
7/31/2013Q2 2013($0.05)($0.06)$23.13 million$23.80 millionViewListenView Earnings Details
5/1/2013Q1 2013($0.07)($0.08)$20.26 million$22.40 millionViewListenView Earnings Details
2/25/2013Q4 2012($0.02)($0.02)$17.38 million$18.93 millionViewListenView Earnings Details
11/1/2012Q312$0.03$0.03$22.06 million$20.80 millionViewN/AView Earnings Details
8/1/2012$0.06$0.04ViewN/AView Earnings Details
5/2/2012$0.09$0.05ViewN/AView Earnings Details
2/23/2012$0.09$0.08ViewN/AView Earnings Details
10/26/2011$0.18$0.19ViewN/AView Earnings Details
7/27/2011$0.14$0.21ViewN/AView Earnings Details
5/3/2011$0.12$0.13ViewN/AView Earnings Details
2/23/2011$0.16$0.15ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for AXT (NASDAQ:AXTI)
2017 EPS Consensus Estimate: $0.15
2018 EPS Consensus Estimate: $0.30
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20174$0.00$0.02$0.01
Q2 20174$0.00$0.05$0.03
Q3 20174$0.01$0.07$0.05
Q4 20174$0.05$0.08$0.06
Q1 20184$0.04$0.06$0.05
Q2 20184$0.06$0.09$0.07
Q3 20184$0.06$0.13$0.09
Q4 20184$0.06$0.11$0.09
(Data provided by Zacks Investment Research)

Dividends

Dividend History for AXT (NASDAQ:AXTI)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for AXT (NASDAQ:AXTI)
Insider Ownership Percentage: 7.29%
Institutional Ownership Percentage: 46.97%
Insider Trades by Quarter for AXT (NASDAQ:AXTI)
Institutional Ownership by Quarter for AXT (NASDAQ:AXTI)
Insider Trades by Quarter for AXT (NASDAQ:AXTI)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/16/2017Leonard J LeblancDirectorSell5,000$7.27$36,350.00View SEC Filing  
11/30/2016Morris S YoungCEOSell11,410$5.05$57,620.50View SEC Filing  
11/30/2016Robert G OchrymVPSell17,937$4.97$89,146.89View SEC Filing  
11/28/2016Morris S YoungCEOSell45,068$5.12$230,748.16View SEC Filing  
11/22/2016Jesse ChenDirectorSell16,388$5.30$86,856.40View SEC Filing  
11/22/2016Morris S. YoungCEOSell3,522$5.20$18,314.40View SEC Filing  
11/21/2016Jesse ChenDirectorSell39,593$5.30$209,842.90View SEC Filing  
11/16/2016Jesse ChenDirectorSell26,000$5.15$133,900.00View SEC Filing  
11/8/2016Leonard J LeblancDirectorSell5,000$5.21$26,050.00View SEC Filing  
11/8/2016Robert G OchrymVPSell81,861$5.07$415,035.27View SEC Filing  
8/29/2016Robert G OchrymVPSell26,577$4.39$116,673.03View SEC Filing  
8/31/2015Davis ZhanginsiderSell20,635$2.21$45,603.35View SEC Filing  
8/21/2015Davis ZhanginsiderSell7,000$2.16$15,120.00View SEC Filing  
8/20/2015Davis ZhanginsiderSell22,350$2.19$48,946.50View SEC Filing  
11/21/2014Robert G OchrymVPSell15,000$2.57$38,550.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for AXT (NASDAQ:AXTI)
Latest Headlines for AXT (NASDAQ:AXTI)
Source:
DateHeadline
americanbankingnews.com logoAXT Inc (AXTI) Upgraded to "Buy" at Zacks Investment Research
www.americanbankingnews.com - May 23 at 4:24 PM
americanbankingnews.com logoAXT Inc (AXTI) Forecasted to Earn Q3 2018 Earnings of $0.09 Per Share
www.americanbankingnews.com - May 22 at 7:56 AM
americanbankingnews.com logoAXT Inc (AXTI) Director Sells $36,350.00 in Stock
www.americanbankingnews.com - May 18 at 1:33 PM
americanbankingnews.com logoAXT Inc (AXTI) Sees Large Increase in Short Interest
www.americanbankingnews.com - May 13 at 7:02 AM
americanbankingnews.com logoAXT Inc (AXTI) Expected to Post Quarterly Sales of $22.5 Million
www.americanbankingnews.com - May 11 at 10:16 AM
americanbankingnews.com logo Brokerages Expect AXT Inc (AXTI) to Post $0.05 EPS
www.americanbankingnews.com - May 9 at 8:30 PM
americanbankingnews.com logoAXT Inc (AXTI) Given Consensus Recommendation of "Buy" by Analysts
www.americanbankingnews.com - May 5 at 7:00 PM
americanbankingnews.com logoAXT (AXTI) Receiving Favorable Press Coverage, Study Finds
www.americanbankingnews.com - May 2 at 11:18 PM
americanbankingnews.com logoAXT Inc (AXTI) Earns "Neutral" Rating from B. Riley
www.americanbankingnews.com - May 1 at 8:42 PM
americanbankingnews.com logoQ2 2017 Earnings Forecast for AXT Inc (AXTI) Issued By Dougherty & Co
www.americanbankingnews.com - May 1 at 8:35 AM
americanbankingnews.com logoB. Riley Equities Analysts Lift Earnings Estimates for AXT Inc (AXTI)
www.americanbankingnews.com - May 1 at 8:35 AM
americanbankingnews.com logoAXT's (AXTI) Neutral Rating Reiterated at B. Riley
www.americanbankingnews.com - April 30 at 11:34 PM
americanbankingnews.com logoAXT Inc (AXTI) Sees Large Growth in Short Interest
www.americanbankingnews.com - April 29 at 7:18 PM
americanbankingnews.com logoSomewhat Critical News Coverage Likely to Impact AXT (AXTI) Stock Price
www.americanbankingnews.com - April 29 at 2:27 PM
americanbankingnews.com logoAXT Inc to Post FY2017 Earnings of $0.18 Per Share, Dougherty & Co Forecasts (AXTI)
www.americanbankingnews.com - April 28 at 5:24 PM
americanbankingnews.com logoAXT Inc (AXTI) PT Raised to $9.00
www.americanbankingnews.com - April 27 at 11:39 PM
americanbankingnews.com logoAXT Inc (AXTI) Rating Lowered to Sell at Zacks Investment Research
www.americanbankingnews.com - April 27 at 6:06 PM
finance.yahoo.com logoEdited Transcript of AXTI earnings conference call or presentation 26-Apr-17 8:30pm GMT
finance.yahoo.com - April 27 at 4:13 PM
finance.yahoo.com logoETFs with exposure to AXT, Inc. : April 27, 2017
finance.yahoo.com - April 27 at 4:13 PM
fool.com logoWhy Shares of AXT Inc. Jumped Today
www.fool.com - April 27 at 2:16 PM
americanbankingnews.com logoAXT Inc (AXTI) Issues Quarterly Earnings Results, Beats Expectations By $0.01 EPS
www.americanbankingnews.com - April 26 at 9:48 PM
globenewswire.com logoAXT, Inc. Announces First Quarter 2017 Financial Results - GlobeNewswire (press release)
globenewswire.com - April 26 at 9:08 PM
finance.yahoo.com logoAXT, Inc. Announces First Quarter 2017 Financial Results
finance.yahoo.com - April 26 at 9:08 PM
finance.yahoo.com logoAXT tops Street 1Q forecasts
finance.yahoo.com - April 26 at 9:08 PM
americanbankingnews.com logoSomewhat Favorable Media Coverage Somewhat Likely to Affect AXT (AXTI) Stock Price
www.americanbankingnews.com - April 26 at 4:58 PM
americanbankingnews.com logoAXT Inc (AXTI) Set to Announce Earnings on Wednesday
www.americanbankingnews.com - April 24 at 7:52 AM
americanbankingnews.com logoAXT (AXTI) Getting Somewhat Positive Press Coverage, Analysis Finds
www.americanbankingnews.com - April 23 at 10:19 AM
americanbankingnews.com logoAXT Inc (AXTI) Earns Neutral Rating from B. Riley
www.americanbankingnews.com - April 22 at 4:03 PM
americanbankingnews.com logoSomewhat Critical Press Coverage Very Likely to Impact AXT (AXTI) Stock Price
www.americanbankingnews.com - April 20 at 3:29 PM
americanbankingnews.com logoAXT Inc (AXTI) Expected to Announce Earnings of $0.02 Per Share
www.americanbankingnews.com - April 19 at 12:15 AM
americanbankingnews.com logoAXT Inc (AXTI) Now Covered by Analysts at BWS Financial
www.americanbankingnews.com - April 17 at 8:46 AM
americanbankingnews.com logoSomewhat Positive Press Coverage Unlikely to Impact AXT (AXTI) Share Price
www.americanbankingnews.com - April 16 at 9:34 AM
americanbankingnews.com logoEquities Analysts Issue Forecasts for AXT Inc's Q1 2017 Earnings (AXTI)
www.americanbankingnews.com - April 14 at 9:08 AM
americanbankingnews.com logoAXT (AXTI) Earns Daily Coverage Optimism Score of 0.04
www.americanbankingnews.com - April 13 at 5:53 PM
finance.yahoo.com logoAXT, Inc. Schedules First Quarter 2017 Earnings Release for April 26, 2017
finance.yahoo.com - April 11 at 8:49 PM
americanbankingnews.com logoAXT Inc (AXTI) Receives New Coverage from Analysts at BWS Financial
www.americanbankingnews.com - April 11 at 10:44 AM
americanbankingnews.com logoAXT Inc (AXTI) Receives Average Recommendation of "Buy" from Brokerages
www.americanbankingnews.com - April 10 at 6:31 PM
americanbankingnews.com logoAXT Inc (AXTI) Upgraded at B. Riley
www.americanbankingnews.com - March 28 at 8:47 AM
americanbankingnews.com logoAXT Inc (AXTI) to Post FY2017 Earnings of $0.13 Per Share, Dougherty & Co Forecasts
www.americanbankingnews.com - March 27 at 9:53 AM
americanbankingnews.com logoEquities Analysts Set Expectations for AXT Inc's Q1 2017 Earnings (AXTI)
www.americanbankingnews.com - March 24 at 8:50 AM
americanbankingnews.com logoAXT Inc Expected to Post Q1 2018 Earnings of $0.05 Per Share (AXTI)
www.americanbankingnews.com - March 23 at 11:20 AM
americanbankingnews.com logoAXT Inc (AXTI) Downgraded by B. Riley
www.americanbankingnews.com - March 23 at 10:05 AM
americanbankingnews.com logoB. Riley Downgrades AXT Inc (AXTI) to Neutral
www.americanbankingnews.com - March 22 at 12:29 PM
americanbankingnews.com logoAXT Inc (AXTI) Cut to "Hold" at Zacks Investment Research
www.americanbankingnews.com - March 20 at 6:10 PM
seekingalpha.com logoNeedham & Company reiterates AXT at Buy with production at fire-affected facility now resumed
seekingalpha.com - March 20 at 10:23 AM
americanbankingnews.com logoQ1 2017 Earnings Forecast for AXT Inc Issued By B. Riley (AXTI)
www.americanbankingnews.com - March 20 at 9:55 AM
finance.yahoo.com logoAXT, Inc. Resumes Substrate Production at Its Beijing Manufacturing Facility
finance.yahoo.com - March 20 at 9:41 AM
finance.yahoo.com logoPost Earnings Coverage as Marvell's Q4 Adjusted EPS Rose Y-o-Y; Beat Estimates
finance.yahoo.com - March 20 at 9:41 AM
americanbankingnews.com logoAXT Inc (AXTI) Downgraded to “Neutral” at B. Riley
www.americanbankingnews.com - March 17 at 9:29 AM
seekingalpha.com logoAXT -3% pre-market; B. Riley & Co. downgrades to Neutral
seekingalpha.com - March 17 at 8:47 AM

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AXT (AXTI) Chart for Thursday, May, 25, 2017

This page was last updated on 5/25/2017 by MarketBeat.com Staff