AXT Company Profile (NASDAQ:AXTI)

About AXT

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
  • Exchange: NASDAQ
  • Symbol: AXTI
  • CUSIP: 00246W10
Key Metrics:
  • Previous Close: $7.95
  • 50 Day Moving Average: $6.13
  • 200 Day Moving Average: $5.17
  • 52-Week Range: $2.43 - $8.65
  • Trailing P/E Ratio: 130.33
  • Foreward P/E Ratio: 24.09
  • P/E Growth: 3.46
  • Market Cap: $256.05M
  • Outstanding Shares: 32,208,000
  • Beta: 1.25
Profitability:
  • Net Margins: 2.75%
  • Return on Equity: 1.62%
  • Return on Assets: 1.43%
Debt:
  • Current Ratio: 8.27%
  • Quick Ratio: 5.12%
Additional Links:
Companies Related to AXT:

Analyst Ratings

Consensus Ratings for AXT (NASDAQ:AXTI) (?)
Ratings Breakdown: 5 Buy Ratings
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $7.88 (0.94% downside)

Analysts' Ratings History for AXT (NASDAQ:AXTI)
Show:
DateFirmActionRatingPrice TargetDetails
2/23/2017Needham & Company LLCBoost Price TargetBuy -> Buy$6.50 -> $8.50View Rating Details
2/22/2017B. RileyReiterated RatingBuy$8.00View Rating Details
2/13/2017Dougherty & CoInitiated CoverageBuy$8.00View Rating Details
9/29/2016Northland SecuritiesBoost Price TargetOutperform$4.50 -> $7.00View Rating Details
5/3/2016Craig HallumUpgradeHold -> BuyView Rating Details
(Data available from 2/24/2015 forward)

Earnings

Earnings History for AXT (NASDAQ:AXTI)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/22/2017        
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($0.10)($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)
Current Year EPS Consensus Estimate: $0.22 EPS
Next Year EPS Consensus Estimate: $0.33 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20162($0.04)$0.00($0.02)
Q2 20162$0.01$0.01$0.01
Q3 20162$0.00$0.03$0.02
Q4 20163$0.00$0.03$0.02
Q1 20173$0.00$0.03$0.02
Q2 20173$0.00$0.04$0.03
Q3 20173$0.01$0.07$0.05
Q4 20173$0.05$0.07$0.06
Q1 20182$0.06$0.07$0.07
Q2 20182$0.08$0.08$0.08
Q3 20182$0.09$0.09$0.09
Q4 20182$0.10$0.10$0.10
(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 History for AXT (NASDAQ:AXTI)
Insider Ownership Percentage: 7.29%
Institutional Ownership Percentage: 46.97%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
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

Latest Headlines for AXT (NASDAQ:AXTI)
DateHeadline
News IconChicago Sportscaster Hit With Suspension For Calling Trump A 'Cartoon Lunatic' (NASDAQ:AXTI)
latribunadecanarias.com - February 24 at 6:18 PM
capitalcube.com logoAXT, Inc.: Leads amongst peers with strong fundamentals (NASDAQ:AXTI)
www.capitalcube.com - February 24 at 6:18 PM
4-traders.com logoAXT : beats Street 4Q forecasts (NASDAQ:AXTI)
www.4-traders.com - February 23 at 8:49 PM
marketexclusive.com logoAnalyst Activity – Needham & Company LLC Raises Its Price Target On AXT (NASDAQ:AXTI) to $8.50 (NASDAQ:AXTI)
marketexclusive.com - February 23 at 8:49 PM
News IconShares Escalate Higher Mid-Session: AXT, Inc. (NASDAQ:AXTI) - Aiken Advocate (NASDAQ:AXTI)
aikenadvocate.com - February 23 at 3:47 PM
News IconVolatility Watch on Shares of AXT, Inc. (NASDAQ:AXTI) - BVN (NASDAQ:AXTI)
bvnewsjournal.com - February 23 at 3:47 PM
News IconTurbulence Hits These Shares as Volume Spikes: AXT, Inc. (NASDAQ:AXTI) - Aiken Advocate (NASDAQ:AXTI)
aikenadvocate.com - February 23 at 3:47 PM
streetinsider.com logoAXT, Inc. (AXTI) PT Raised to $8.50 at Needham & Company Following Strong 4Q Results - StreetInsider.com (NASDAQ:AXTI)
www.streetinsider.com - February 23 at 3:47 PM
finance.yahoo.com logoEdited Transcript of AXTI earnings conference call or presentation 22-Feb-17 9:30pm GMT (NASDAQ:AXTI)
finance.yahoo.com - February 23 at 3:47 PM
thestreet.com logoMarkets Are Selling the Mnuchin News (NASDAQ:AXTI)
realmoney.thestreet.com - February 23 at 3:47 PM
fool.com logoWhy Shares of AXT Inc. Moved Higher Today (NASDAQ:AXTI)
www.fool.com - February 23 at 3:47 PM
News IconInvestor Guide: Check on Technical Levels for AXT Inc (AXTI) - Rives Journal (NASDAQ:AXTI)
rivesjournal.com - February 23 at 1:52 AM
News IconStock Buzz on AXT Inc (NASDAQ:AXTI): Can They Meet the Earnings Target of $0.03 - Winfield Review (NASDAQ:AXTI)
winfieldreview.com - February 23 at 1:52 AM
News IconAre Analysts Optimistic About Where AXT Inc (NASDAQ:AXTI) is Heading? - Winfield Review (NASDAQ:AXTI)
winfieldreview.com - February 23 at 1:52 AM
News IconSell-side is Weighing in on AXT Inc (NASDAQ:AXTI) Earnings - Aiken Advocate (NASDAQ:AXTI)
aikenadvocate.com - February 23 at 1:52 AM
News IconAXT Inc (AXTI) Releases Earnings Results, Beats Expectations By $0.03 EPS - Highland Mirror (NASDAQ:AXTI)
www.highlandmirror.com - February 23 at 1:52 AM
us.rd.yahoo.com logoAXT, Inc. Announces Fourth Quarter and Fiscal Year 2016 Financial Results (NASDAQ:AXTI)
us.rd.yahoo.com - February 22 at 8:50 PM
us.rd.yahoo.com logo4:12 pm AXT beats by $0.03, beats on revs (NASDAQ:AXTI)
us.rd.yahoo.com - February 22 at 8:50 PM
biz.yahoo.com logoAXT INC Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhibits (NASDAQ:AXTI)
us.rd.yahoo.com - February 22 at 8:50 PM
sg.finance.yahoo.com logoAXT beats Street 4Q forecasts (NASDAQ:AXTI)
sg.finance.yahoo.com - February 22 at 8:50 PM
thestreet.com logoTrading in a Rising Market Simply Isn't as Simple as It May Seem (NASDAQ:AXTI)
realmoney.thestreet.com - February 21 at 3:25 PM
News IconAnalysts Peer Into Their Crystal Balls For AXT Inc (NASDAQ:AXTI): Where Is It headed? - Winfield Review (NASDAQ:AXTI)
winfieldreview.com - February 21 at 10:56 AM
News IconEquity Insight: Indicator Review for AXT Inc. (AXTI) (NASDAQ:AXTI)
hoyentv.com - February 18 at 3:41 PM
News IconWhat the Technicals Are Saying About AXT, Inc. (NASDAQ:AXTI) - BVN (NASDAQ:AXTI)
bvnewsjournal.com - February 18 at 5:01 AM
News IconEquity Insight: Indicator Review for AXT Inc. (AXTI) - BVN (NASDAQ:AXTI)
bvnewsjournal.com - February 17 at 3:15 PM
News IconAXT, Inc. (AXTI): An Examination Of The Chart For Today's Session - NY Stock News (NASDAQ:AXTI)
nystocknews.com - February 16 at 3:51 PM
News IconInvestor Watch on These Shares: AXT Inc. (AXTI) - BVN (NASDAQ:AXTI)
bvnewsjournal.com - February 14 at 8:20 PM
realistinvestor.com logoAXT Inc (NASDAQ:AXTI) EPS Projection At $0.09 - RealistInvestor.com (NASDAQ:AXTI)
www.realistinvestor.com - February 14 at 3:16 PM
News IconShares Bouncing Above The Trend Line: AXT, Inc. (NASDAQ:AXTI) - Winfield Review (NASDAQ:AXTI)
winfieldreview.com - February 14 at 3:16 PM
News IconShares Gapping Down Before the Trading Session: AXT, Inc. (NASDAQ:AXTI) - Aiken Advocate (NASDAQ:AXTI)
aikenadvocate.com - February 14 at 3:16 PM
streetinsider.com logoDougherty & Co Starts AXT, Inc. (AXTI) at Buy - StreetInsider.com (NASDAQ:AXTI)
www.streetinsider.com - February 14 at 3:16 PM
finance.yahoo.com logoAXT, Inc. (AXTI) Catches Eye: Stock Adds 8.1% in Session (NASDAQ:AXTI)
finance.yahoo.com - February 14 at 3:16 PM
us.rd.yahoo.com logoCoverage initiated on AXT by Dougherty & Company (NASDAQ:AXTI)
us.rd.yahoo.com - February 13 at 9:19 PM
News IconStock Survey: AXT, Inc. (NASDAQ:AXTI) - Benton Bulletin (NASDAQ:AXTI)
bentonbulletin.com - February 11 at 3:47 PM
finance.yahoo.com logoAXT, Inc. Schedules Fourth Quarter 2016 Earnings Release for February 22, 2017 (NASDAQ:AXTI)
finance.yahoo.com - February 9 at 3:56 PM
thestreet.com logoSpinning My Small-Cap Value Wheels Out of the Gate (NASDAQ:AXTI)
realmoney.thestreet.com - February 8 at 3:56 PM
thestreet.com logoSpinning My Small-Cap Value Wheels Out of the Gate (NASDAQ:AXTI)
realmoney.thestreet.com - February 8 at 3:56 PM
finance.yahoo.com logoEdited Transcript of AXTI earnings conference call or presentation 24-Feb-16 9:30pm GMT (NASDAQ:AXTI)
finance.yahoo.com - February 7 at 9:43 PM
finance.yahoo.com logoEdited Transcript of AXTI earnings conference call or presentation 2-May-16 8:30pm GMT (NASDAQ:AXTI)
finance.yahoo.com - February 7 at 4:43 PM
finance.yahoo.com logoEdited Transcript of AXTI earnings conference call or presentation 26-Oct-16 8:30pm GMT (NASDAQ:AXTI)
finance.yahoo.com - February 7 at 4:43 PM
investornewswire.com logoEPS Evaluate Of AXT Inc (NASDAQ:AXTI) At $0.09 - Investor Newswire (NASDAQ:AXTI)
www.investornewswire.com - February 3 at 3:56 PM
News IconEarnings Parade Rolls On, What Are Analysts Saying About AXT Inc (NASDAQ:AXTI)? - Wall Street Beacon (NASDAQ:AXTI)
wsbeacon.com - February 1 at 3:58 PM
feeds.reuters.com logoBRIEF-Greenbrier increases notes offering to $250 mln (NASDAQ:AXTI)
feeds.reuters.com - February 1 at 7:45 AM
feeds.reuters.com logoBRIEF-Orca Gold acquires exploration assets in the Côte D'ivoire from Kinross (NASDAQ:AXTI)
feeds.reuters.com - February 1 at 6:58 AM
feeds.reuters.com logoBRIEF-Legrand acquires OCL1 US specialist in lighting solutions (NASDAQ:AXTI)
feeds.reuters.com - February 1 at 3:41 AM
feeds.reuters.com logoBRIEF-GE to sell 43 pct stake in Hyundai Card to Hyundai Commercial, Affinity Equity Partners, GIC and Alpinvest (NASDAQ:AXTI)
feeds.reuters.com - February 1 at 3:41 AM
feeds.reuters.com logoBRIEF-Data Communications to acquire Eclipse Colour, Imaging Corp. & Thistle Printing (NASDAQ:AXTI)
feeds.reuters.com - February 1 at 12:52 AM
feeds.reuters.com logoBRIEF-First Hawaiian prices secondary offering of 25 mln shares (NASDAQ:AXTI)
feeds.reuters.com - January 31 at 11:27 PM
News IconChecking the Levels on Shares of AXT, Inc. (NASDAQ:AXTI) - The Tribune (NASDAQ:AXTI)
lakecitytribune.com - January 30 at 9:50 PM
thestreet.com logoIt's an Actual Pullback for a Change (NASDAQ:AXTI)
realmoney.thestreet.com - January 30 at 4:49 PM

Social

What is AXT's stock symbol?

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

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

5 analysts have issued 1-year price targets for AXT's stock. Their predictions range from $7.00 to $8.50. On average, they expect AXT's share price to reach $7.88 in the next twelve months.

When will AXT announce their earnings?

AXT is scheduled to release their next quarterly earnings announcement on Wednesday, February, 22nd 2017.

What are analysts saying about AXT stock?

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

  • 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. " (2/24/2017)

  • Needham & Company LLC analysts commented, "AXTI reported a 4Q16 beat while providing mostly inline 1Q17 guidance. Following a weak 3Q16 for InP due to inventory correction in the GPON/EPON market, business rebounded in 4Q16 with the market showing signs of recovering. AXTI remains well positioned to benefit from a strong optical cycle, as the industry adopts InP-based technology in fiber optic and data center investments, supporting continued growth in 2017 and beyond. Additionally, the emerging adoption of 3D sensing in mobile could become an upside driver that could start in 2H17. Given the several market trends benefiting top-line, coupled with sustained margin improvements and operating leverage, we see earnings growth ahead." (2/23/2017)
  • Northland Securities analysts commented, "Despite the stock recent push to $5.00, we believe shares remain undervalued and AXTI will continue to deliver results that are in-line or better for the foreseeable future," analyst Tom Sepenzis wrote in a note.Indium Phosphide ImportanceThe company provides Indium Phosphide (InP) and Gallium arsenide, key semiconductor material for telecom carriers and device manufacturers. Indium Phosphide (InP) is essential for optical systems to deliver the expected performance for data center, mobile backhaul, metro and long-haul applications. On the other hand, Gallium arsenide is used to make devices such as integrated circuits, infrared light-emitting diodes, laser diodes, solar cells and optical windows."We believe the continued push by carriers worldwide towards 100G and 400G optical infrastructure will help AXTI deliver additional growth moving forward, with 5G cellular delivering significant upside opportunity 2–3 years out," Sepenzis noted.Related Link: Infant Tech Company Research Frontiers Could Grow Up To Be Worth $6 A ShareIn addition to carrier upgrades, Indium Phosphide is in great demand from Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL), Amazon.com, Inc. (NASDAQ: AMZN), Facebook Inc (NASDAQ: FB), Alibaba Group Holding Ltd (NYSE: BABA) and Baidu Inc (ADR) (NASDAQ: BIDU) for their data center upgrades.Gallium ArsenideIn addition, the June quarter also saw a rebound in its gallium arsenide business and the analyst expects additional growth in the September quarter."We have modeled a modest 3.0 percent Q/Q growth, but believe the persistent strength in the Chinese handset market and initial unexpected strength in Apple will help AXTI deliver results that are in-line to better in the current quarter," (9/29/2016)

Who owns AXT stock?

AXT's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Dimensional Fund Advisors LP (6.99%), Perritt Capital Management Inc. (5.62%), Renaissance Technologies LLC (2.85%), Royce & Associates LP (2.17%), Russell Investments Group Ltd. (0.95%) and Ancora Advisors LLC (0.86%). Company insiders that own AXT stock include Davis Zhang, Jesse Chen, Leonard J Leblanc, Morris S Young and Robert G Ochrym.

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 Perritt Capital Management Inc. and Oxford Asset Management. Company insiders that have sold AXT stock in the last year include Jesse Chen, Leonard J Leblanc, Morris S Young and Robert G Ochrym.

Who bought AXT stock? Who is buying AXT stock?

AXT's stock was purchased by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Royce & Associates LP, Dimensional Fund Advisors LP, Allianz Asset Management AG, Friess Associates LLC, GSA Capital Partners LLP, FNY Partners Fund LP and A.R.T. Advisors LLC.

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 $7.95.

AXT (NASDAQ:AXTI) Chart for Friday, February, 24, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for AXT (NASDAQ:AXTI)

Earnings History Chart

Earnings by Quarter for AXT (NASDAQ:AXTI)

Dividend History Chart

Dividend Payments by Quarter for AXT (NASDAQ:AXTI)

Last Updated on 2/24/2017 by MarketBeat.com Staff