NASDAQ:AXTI - AXT Stock Price, Price Target & More

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$7.35 -0.10 (-1.34 %)
(As of 06/24/2018 02:31 PM ET)
Previous Close$7.35
Today's Range$7.25 - $7.59
52-Week Range$5.80 - $10.75
Volume519,456 shs
Average Volume382,845 shs
Market Capitalization$293.82 million
P/E Ratio28.27
Dividend YieldN/A
Beta1.17
AXT logoAXT, Inc. designs, develops, manufactures, and distributes compound and single element semiconductor substrates. It manufactures semiconductor substrates using its proprietary vertical gradient freeze technology. The company offers indium phosphide (InP) for use in fiber optic lasers and detectors, passive optical networks, data center connectivity, silicon photonics, photonic integrated circuits, terrestrial solar cells, lasers, military wireless RF amplifiers, infrared motion control, and infrared thermal imaging products. It also provides semi-insulating gallium with arsenic (GaAs) substrates, which are used for application in power amplifiers for wireless devices, and transistors and solar cells for drones. In addition, the company offers semi-conducting GaAs substrates that are used in opto-electronic products, including high brightness light emitting diodes in backlight wireless handsets and liquid crystal display televisions, as well as for automotive panel, signage, display, and lighting applications; and 3-D sensing using vertical cavity surface emitting lasers. Further, it provides germanium (Ge) substrates for space and terrestrial photovoltaic applications, as well as optical applications. Additionally, the company, through its subsidiaries and joint ventures, manufactures and sells raw materials, such as gallium, gallium alloys, InP poly-crystal, arsenic, Ge, Ge dioxide, high purity arsenic, pyrolytic boron nitride crucibles, and boron oxide. It sells its products through direct sales force in the United States, China, and Europe, as well as through independent sales representatives and distributors in Japan, Taiwan, Korea, and internationally. The company was formerly known as American Xtal Technology, Inc. and changed its name to AXT, Inc. in July 2000. AXT, Inc. was founded in 1986 and is headquartered in Fremont, California.

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Industry, Sector and Symbol

Industry Semiconductors & related devices
Sub-IndustrySemiconductor Equipment
SectorComputer and Technology
SymbolNASDAQ:AXTI
CUSIP00246W10
Phone510-438-4700

Debt

Debt-to-Equity RatioN/A
Current Ratio6.29
Quick Ratio3.88

Price-To-Earnings

Trailing P/E Ratio28.27
Forward P/E Ratio20.42
P/E Growth1.17

Sales & Book Value

Annual Sales$98.67 million
Price / Sales2.94
Cash Flow$0.3739 per share
Price / Cash19.66
Book Value$4.75 per share
Price / Book1.55

Profitability

EPS (Most Recent Fiscal Year)$0.26
Net Income$10.14 million
Net Margins12.06%
Return on Equity6.84%
Return on Assets6.04%

Miscellaneous

Employees694
Outstanding Shares39,440,000

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AXT (NASDAQ:AXTI) Frequently Asked Questions

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 earnings results on Wednesday, April, 25th. The semiconductor company reported $0.07 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.06 by $0.01. The semiconductor company earned $24.40 million during the quarter, compared to analysts' expectations of $24.24 million. AXT had a net margin of 12.06% and a return on equity of 6.84%. The company's quarterly revenue was up 18.4% compared to the same quarter last year. During the same period last year, the company posted $0.02 EPS. View AXT's Earnings History.

When is AXT's next earnings date?

AXT is scheduled to release their next quarterly earnings announcement on Wednesday, July, 25th 2018. View Earnings Estimates for AXT.

What price target have analysts set for AXTI?

4 brokerages have issued 1-year price objectives for AXT's shares. Their forecasts range from $9.00 to $12.00. On average, they anticipate AXT's stock price to reach $10.6667 in the next twelve months. View Analyst Ratings for AXT.

What are Wall Street 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. " (5/1/2018)
  • 2. B. Riley analysts commented, "We expect 3Q results to be in line with RILY/consensus and for the 4Q outlook to bracket our and consensus estimates. Although the company’s InP (Indium Phosphide) business was enjoying a tailwind entering 3Q, our checks continue to indicate that overall optical demand remains sluggish. Meanwhile, checks with management in September indicated that the company has yet to receive 3D Sensing (3DS) orders. Nevertheless, the company provided 3Q revenue outlook of +14% Q/Q based on orders for various applications, including automotive – it remains to be seen how sustainable these programs will be." (10/24/2017)

Who are some of AXT's key competitors?

Who are AXT's key executives?

AXT's management team includes the folowing people:
  • Dr. Morris S. Young, Co-Founder, CEO & Director (Age 73)
  • Mr. Gary L. Fischer, CFO & Corp. Sec. (Age 66)
  • Mr. Robert G. Ochrym, VP of Bus. Devel., Strategic Sales and Marketing (Age 66)
  • Mr. Liming Zhu, VP of Sales - the Asia Region

Has AXT been receiving favorable news coverage?

Media headlines about AXTI stock have trended very positive recently, according to Accern. Accern rates the sentiment of news coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. AXT earned a media sentiment score of 0.70 on Accern's scale. They also gave media headlines about the semiconductor company an impact score of 43.66 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the near term.

Who are AXT's major shareholders?

AXT's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Dimensional Fund Advisors LP (8.30%), BlackRock Inc. (6.29%), Hood River Capital Management LLC (3.60%), Systematic Financial Management LP (2.27%), Wells Fargo & Company MN (1.00%) and Northern Trust Corp (0.99%). Company insiders that own AXT stock include David C Chang, Gary L Fischer, Jesse Chen, Leonard J Leblanc, Morris S Young and Robert G Ochrym. View Institutional Ownership Trends for AXT.

Which major investors are selling AXT stock?

AXTI stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., BlackRock Inc., Northern Trust Corp, Princeton Capital Management LLC, Hancock Holding Co. and KBC Group NV. Company insiders that have sold AXT company stock in the last year include David C Chang, Gary L Fischer, Morris S Young and Robert G Ochrym. View Insider Buying and Selling for AXT.

Which major investors are buying AXT stock?

AXTI stock was bought by a variety of institutional investors in the last quarter, including Foundry Partners LLC, Argent Capital Management LLC, New York State Common Retirement Fund, Dimensional Fund Advisors LP, Systematic Financial Management LP, Wells Fargo & Company MN, Hood River Capital Management LLC and Victory Capital Management Inc.. View Insider Buying and Selling for AXT.

How do I buy shares of AXT?

Shares of AXTI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is AXT's stock price today?

One share of AXTI stock can currently be purchased for approximately $7.35.

How big of a company is AXT?

AXT has a market capitalization of $293.82 million and generates $98.67 million in revenue each year. The semiconductor company earns $10.14 million in net income (profit) each year or $0.26 on an earnings per share basis. AXT employs 694 workers across the globe.

How can I contact AXT?

AXT's mailing address is 4281 Technology Drive, FREMONT CA, 94538. The semiconductor company can be reached via phone at 510-438-4700 or via email at [email protected]


MarketBeat Community Rating for AXT (AXTI)

Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  279 (Vote Outperform)
Underperform Votes:  212 (Vote Underperform)
Total Votes:  491
MarketBeat's community ratings are surveys of what our community members think about AXT and other stocks. Vote "Outperform" if you believe AXTI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe AXTI will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 6/24/2018 by MarketBeat.com Staff

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