AXT Company Profile (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: Semiconductors
  • Sub-Industry: Semiconductor Equipment
  • Symbol: NASDAQ:AXTI
  • CUSIP: 00246W10
  • Web:
  • Market Cap: $345.39 million
  • Outstanding Shares: 38,377,000
Average Prices:
  • 50 Day Moving Avg: $8.76
  • 200 Day Moving Avg: $7.39
  • 52 Week Range: $4.35 - $9.70
  • Trailing P/E Ratio: 45.00
  • Foreward P/E Ratio: 23.68
  • P/E Growth: 3.77
Sales & Book Value:
  • Annual Revenue: $86.31 million
  • Price / Sales: 4.00
  • Book Value: $4.34 per share
  • Price / Book: 2.07
  • EBITDA: $13.4 million
  • Net Margins: 8.15%
  • Return on Equity: 4.61%
  • Return on Assets: 4.10%
  • Current Ratio: 8.16%
  • Quick Ratio: 5.85%
  • Average Volume: 563,588 shs.
  • Beta: 1.16
  • Short Ratio: 3.54

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, July, 26th. The company reported $0.05 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.05. The business earned $23.56 million during the quarter, compared to analyst estimates of $22.55 million. AXT had a return on equity of 4.61% and a net margin of 8.15%. The business's revenue was up 14.9% compared to the same quarter last year. During the same period in the prior year, the business earned $0.03 earnings per share. View AXT's Earnings History.

When will AXT make its next earnings announcement?

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

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

4 analysts have issued twelve-month target prices for AXT's shares. Their forecasts range from $8.00 to $12.00. On average, they expect AXT's stock price to reach $9.63 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. " (10/17/2017)
  • 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)

Who are some of AXT's key competitors?

Who are AXT's key executives?

AXT's management team includes the folowing people:

  • Jesse Chen, Independent Chairman of the Board, Lead Independent Director
  • Morris S. Young Ph.D., Chief Executive Officer, Director
  • Gary L. Fischer, Chief Financial Officer, Vice President, Corporate Secretary
  • Robert G. Ochrym, Vice President - Business Development, Strategic Sales and Marketing
  • David C. Chang Ph.D., Independent Director
  • Leonard J. LeBlanc, Independent Director
  • Nai-Yu Pai CPA, Independent Director

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.

What is AXT's stock price today?

One share of AXT stock can currently be purchased for approximately $9.00.

MarketBeat Community Rating for AXT (NASDAQ AXTI)
Community Ranking:  2.9 out of 5 (star star)
Outperform Votes:  219 (Vote Outperform)
Underperform Votes:  163 (Vote Underperform)
Total Votes:  382
MarketBeat's community ratings are surveys of what our community members think about AXT and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for AXT (NASDAQ:AXTI) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Hold Rating, 3 Buy Ratings
Consensus Rating:Buy (Score: 2.75)
Consensus Price Target: $9.63 (6.94% upside)
Consensus Price Target History for AXT (NASDAQ:AXTI)
Price Target History for AXT (NASDAQ:AXTI)
Analysts' Ratings History for AXT (NASDAQ:AXTI)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
9/17/2017Needham & Company LLCReiterated RatingBuy$10.00LowView Rating Details
8/1/2017B. RileyReiterated RatingNeutral$8.50HighView Rating Details
7/27/2017BWS FinancialBoost Price TargetBuy -> Buy$10.00 -> $12.00HighView Rating Details
6/17/2017Dougherty & CoReiterated RatingBuyHighView 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 10/20/2015 forward)


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
10/25/2017$0.07N/AView Earnings Details
7/26/2017Q2 2017$0.05$0.05$22.55 million$23.56 millionViewN/AView Earnings Details
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)


Earnings Estimates for AXT (NASDAQ:AXTI)
2017 EPS Consensus Estimate: $0.17
2018 EPS Consensus Estimate: $0.31
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$0.10$0.07
Q4 20174$0.05$0.10$0.07
Q1 20184$0.04$0.06$0.05
Q2 20184$0.06$0.09$0.07
Q3 20184$0.06$0.14$0.09
Q4 20184$0.06$0.13$0.09
(Data provided by Zacks Investment Research)


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

Insider Trades

Insider Trading and Institutional Ownership History for AXT (NASDAQ:AXTI)
Insider Ownership Percentage: 6.90%
Institutional Ownership Percentage: 61.87%
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
8/1/2017David C ChangDirectorSell9,000$8.80$79,200.00View SEC Filing  
7/31/2017Morris S YoungCEOSell92,896$8.54$793,331.84View SEC Filing  
5/23/2017Robert G OchrymVPSell7,500$6.93$51,975.00View SEC Filing  
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)


Headline Trends for AXT (NASDAQ:AXTI)
Latest Headlines for AXT (NASDAQ:AXTI)
DateHeadline logoAXT Inc (AXTI) Scheduled to Post Earnings on Wednesday - October 18 at 2:16 AM logoZacks Investment Research Lowers AXT Inc (AXTI) to Hold - October 17 at 5:16 PM logoCommit To Buy AXT At $7.50, Earn 17.9% Annualized Using Options - October 17 at 5:08 PM logoETFs with exposure to AXT, Inc. : October 16, 2017 - October 16 at 5:05 PM logoAXT, Inc. Schedules Third Quarter 2017 Earnings Release for October 25, 2017 - GlobeNewswire (press release) - October 13 at 9:58 PM logoAXT, Inc. Schedules Third Quarter 2017 Earnings Release for October 25, 2017 - October 13 at 3:37 PM logo$27.08 Million in Sales Expected for AXT Inc (AXTI) This Quarter - October 9 at 9:44 AM logoAXT (AXTI) and The Competition Head-To-Head Review - October 7 at 10:28 AM logoZacks: Analysts Expect AXT Inc (AXTI) to Announce $0.09 EPS - October 7 at 10:18 AM logoAXT Inc (AXTI) Given Average Rating of "Buy" by Brokerages - October 7 at 2:08 AM logoETFs with exposure to AXT, Inc. : October 2, 2017 - October 2 at 4:11 PM logoAXT (AXTI) Presents At Dougherty And Company Institutional Investor Conference - Slideshow - September 20 at 10:08 PM logoAXT Inc (AXTI) Expected to Post Quarterly Sales of $26.30 Million - September 20 at 5:04 AM logoETFs with exposure to AXT, Inc. : September 18, 2017 - September 18 at 9:41 PM logoAXT's (AXTI) Buy Rating Reiterated at Needham & Company LLC - September 17 at 9:02 AM logoAXT, Inc. (AXTI) Reports Purchase of New Manufacturing Facility in Dingxing, China - - September 13 at 10:31 PM logoAXT Announces Purchase of New Manufacturing Facility in Dingxing, China - September 12 at 4:32 PM logoAXT Inc (AXTI) Receives Average Recommendation of "Buy" from Brokerages - September 12 at 2:44 AM logoETFs with exposure to AXT, Inc. : September 6, 2017 - September 5 at 10:51 PM logoReviewing AXT (AXTI) and Intel Corporation (INTC) - September 3 at 2:32 PM logoAXT (AXTI) vs. Micrel, (MCRL) Head-To-Head Analysis - September 2 at 2:18 PM logoAXT, Inc. :AXTI-US: Earnings Analysis: Q2, 2017 By the Numbers : September 1, 2017 - September 1 at 3:25 PM logoTime to Focus on AXT (AXTI) for Strong Earnings Growth Potential - Nasdaq - August 31 at 9:11 PM logoTime to Focus on AXT (AXTI) for Strong Earnings Growth Potential - August 31 at 4:10 PM logoAXT Inc (AXTI) Expected to Announce Earnings of $0.08 Per Share - August 31 at 6:14 AM logoAXT, Inc. (AXTI) Names Wilson Lin as COO - - August 22 at 10:03 PM logoHow Does PRO Top Idea Performance Stack Up? - August 22 at 5:00 PM logoAXT, Inc. (AXTI) Names Wilson Lin as COO - August 22 at 5:00 PM logoAXT Appoints Wilson Lin as Chief Operating Officer - August 22 at 8:07 AM logoAXT Inc (AXTI) to Post Q3 2017 Earnings of $0.09 Per Share, Dougherty & Co Forecasts - August 18 at 7:20 AM logoAXT Inc (AXTI) Receives Average Recommendation of "Buy" from Analysts - August 18 at 2:40 AM logoAXT Inc (AXTI) Expected to Post Quarterly Sales of $25.84 Million - August 14 at 1:56 AM logoETFs with exposure to AXT, Inc. : August 8, 2017 - August 8 at 9:04 PM logo5 Cheap Breakout Stocks Offering Strong Returns - - Nasdaq - August 8 at 4:03 PM logo5 Cheap Breakout Stocks Offering Strong Returns - August 8 at 4:03 PM logoAXT, Inc.: Leads amongst peers with strong fundamentals - August 7 at 5:03 PM logoAXT Inc (AXTI) Director David C. Chang Sells 9,000 Shares - August 2 at 8:54 PM logoAXT Inc (AXTI) CEO Morris S. Young Sells 92,896 Shares - August 2 at 7:46 PM logoQ3 2017 EPS Estimates for AXT Inc Increased by BWS Financial (NASDAQ:AXTI) - July 31 at 8:00 AM logoBUZZ-U.S. STOCKS ON THE MOVE-Twitter, F5 Networks, Whirlpool ... - Nasdaq - July 27 at 9:38 PM logoAXT, Inc. (AXTI) PT Raised to $12 at BWS Financial - - July 27 at 4:30 PM logoEdited Transcript of AXTI earnings conference call or presentation 26-Jul-17 8:30pm GMT - July 27 at 4:30 PM logoBWS Financial Increases AXT Inc (NASDAQ:AXTI) Price Target to $12.00 - July 27 at 2:05 PM logoWhy Shares of AXT Inc. Are Up Today - July 27 at 12:55 PM logo$24.08 Million in Sales Expected for AXT Inc (AXTI) This Quarter - July 27 at 11:39 AM logoAXT, Inc. Announces Second Quarter 2017 Financial Results - GlobeNewswire (press release) - July 26 at 9:55 PM logoAXT meets 2Q profit forecasts - July 26 at 9:55 PM logoAXT Inc (NASDAQ:AXTI) Releases Quarterly Earnings Results, Hits Estimates - July 26 at 5:54 PM logoAXT, Inc. Announces Second Quarter 2017 Financial Results - Nasdaq - July 26 at 4:53 PM logoInvestor Network: AXT, Inc. to Host Earnings Call - July 26 at 4:53 PM



AXT (AXTI) Chart for Friday, October, 20, 2017

This page was last updated on 10/20/2017 by Staff

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