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NASDAQ:AXTIAXT Stock Price, Forecast & News

$4.95
+0.06 (+1.23 %)
(As of 08/12/2020 04:00 PM ET)
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Today's Range
$4.86
Now: $4.95
$5.07
50-Day Range
$4.38
MA: $4.77
$5.37
52-Week Range
$1.85
Now: $4.95
$5.99
Volume268,700 shs
Average Volume322,607 shs
Market Capitalization$202.19 million
P/E RatioN/A
Dividend YieldN/A
Beta1.98
AXT, Inc. researches, develops, and produces compound and single element semiconductor substrates. It produces 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, radio frequency amplifier and switching, infrared light-emitting diode (LEDs) motion control, and infrared thermal imaging. It also provides semi-insulating gallium arsenide (GaAs) substrates for applications in power amplifiers, direct broadcast television, transistors, satellite communications, and solar cells; and semi-conducting GaAs substrates that are used in 3-D sensing, data center communication, high brightness LEDs, lasers, near-infrared sensors, printer head lasers and LEDs, optical couplers, solar cells, and night vision goggles, as well as laser machining, cutting, and drilling. In addition, the company offers germanium (Ge) substrates for use in satellite solar cells, optical sensors and detectors, terrestrial concentrated photo voltaic cells, multi-junction solar cells for satellites, and infrared detectors. Further, it provides materials, including raw gallium, gallium alloys, InP poly-crystal, high purity gallium, arsenic, Ge, Ge dioxide, pyrolytic boron nitride crucibles, and boron oxide. AXT, Inc. sells its products through direct salesforce 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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Beat the Market (BTM) Rank

Analyst Opinion: 2.3Community Rank: 2.6Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.56 out of 5 stars


Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$83.26 million
Cash Flow$0.07 per share
Book Value$4.70 per share

Profitability

Net Income$-2,600,000.00

Miscellaneous

Employees1,080
Market Cap$202.19 million
Next Earnings Date11/4/2020 (Estimated)
OptionableOptionable
$4.95
+0.06 (+1.23 %)
(As of 08/12/2020 04:00 PM ET)
30 days | 90 days | 365 days | Advanced Chart

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AXT (NASDAQ:AXTI) Frequently Asked Questions

How has AXT's stock been impacted by Coronavirus (COVID-19)?

AXT's stock was trading at $2.90 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, AXTI stock has increased by 70.7% and is now trading at $4.95.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of AXT?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for AXT in the last year. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for AXT
.

When is AXT's next earnings date?

AXT is scheduled to release its next quarterly earnings announcement on Wednesday, November 4th 2020.
View our earnings forecast for AXT
.

How were AXT's earnings last quarter?

AXT Inc (NASDAQ:AXTI) posted its quarterly earnings results on Wednesday, July, 22nd. The semiconductor company reported $0.01 earnings per share for the quarter, beating analysts' consensus estimates of ($0.01) by $0.02. The semiconductor company had revenue of $22.13 million for the quarter, compared to the consensus estimate of $21.74 million. AXT had a negative return on equity of 1.47% and a negative net margin of 3.41%.
View AXT's earnings history
.

What price target have analysts set for AXTI?

3 Wall Street analysts have issued 1-year target prices for AXT's stock. Their forecasts range from $5.90 to $6.00. On average, they anticipate AXT's stock price to reach $5.95 in the next year. This suggests a possible upside of 20.2% from the stock's current price.
View analysts' price targets for AXT
.

Has AXT been receiving favorable news coverage?

Media headlines about AXTI stock have been trending extremely negative on Thursday, according to InfoTrie. The research firm scores the sentiment of press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. AXT earned a media sentiment score of -4.1 on InfoTrie's scale. They also gave media stories about the semiconductor company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the company's share price in the near future.
View the latest news about AXT
.

Are investors shorting AXT?

AXT saw a increase in short interest in the month of July. As of July 31st, there was short interest totaling 1,300,000 shares, an increase of 10.2% from the July 15th total of 1,180,000 shares. Based on an average trading volume of 384,500 shares, the days-to-cover ratio is currently 3.4 days. Currently, 3.4% of the shares of the company are sold short.
View AXT's Short Interest
.

Who are some of AXT's key competitors?

What other stocks do shareholders of AXT own?

Based on aggregate information from My MarketBeat watchlists, some companies that other AXT investors own include NVIDIA (NVDA), Micron Technology (MU), Alibaba Group (BABA), Advanced Micro Devices (AMD), Editas Medicine (EDIT), Cisco Systems (CSCO), Bank of America (BAC), General Electric (GE), Canopy Growth (CGC) and Square (SQ).

Who are AXT's key executives?

AXT's management team includes the following people:
  • Dr. Morris S. Young, Co-Founder, CEO & Director (Age 74)
  • Mr. Gary L. Fischer, CFO, VP & Corp. Sec. (Age 67)
  • Mr. Robert G. Ochrym, VP of Bus. Devel., Strategic Sales & Marketing (Age 67)

What is AXT's stock symbol?

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

Who are AXT's major shareholders?

AXT's stock is owned by many different retail and institutional investors. Top institutional investors include Pacific Ridge Capital Partners LLC (3.76%), Foundry Partners LLC (1.50%), White Pine Capital LLC (0.60%), Assenagon Asset Management S.A. (0.50%), Princeton Capital Management LLC (0.47%) and California Public Employees Retirement System (0.21%).
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 Pacific Ridge Capital Partners LLC, Assenagon Asset Management S.A., Foundry Partners LLC, White Pine Capital LLC, UBS Group AG, and Brinker Capital Inc..
View insider buying and selling activity for AXT
.

Which major investors are buying AXT stock?

AXTI stock was acquired by a variety of institutional investors in the last quarter, including Virtu Financial LLC, AE Wealth Management LLC, Strs Ohio, Princeton Capital Management LLC, SG Americas Securities LLC, California Public Employees Retirement System, First Trust Advisors LP, and Goldman Sachs Group Inc..
View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is AXT's stock price today?

One share of AXTI stock can currently be purchased for approximately $4.95.

How big of a company is AXT?

AXT has a market capitalization of $202.19 million and generates $83.26 million in revenue each year. The semiconductor company earns $-2,600,000.00 in net income (profit) each year or ($0.07) on an earnings per share basis. AXT employs 1,080 workers across the globe.

What is AXT's official website?

The official website for AXT is www.axt.com.

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]

This page was last updated on 8/13/2020 by MarketBeat.com Staff

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