NASDAQ:AXTI - AXT Stock Price, News, & Analysis

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$5.50 -0.23 (-4.01 %)
(As of 11/12/2018 04:00 PM ET)
Previous Close$5.73
Today's Range$5.47 - $5.75
52-Week Range$5.27 - $10.75
Volume506,500 shs
Average Volume435,131 shs
Market Capitalization$226.55 million
P/E Ratio21.15
Dividend YieldN/A
Beta1.18
AXT, 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

Stock Exchange NASDAQ
Industry Semiconductors & related devices
Sub-IndustrySemiconductor Equipment
SectorComputer and Technology
Current SymbolNASDAQ:AXTI
Previous Symbol
CUSIP00246W10
Phone510-438-4700

Debt

Debt-to-Equity RatioN/A
Current Ratio5.32
Quick Ratio3.11

Price-To-Earnings

Trailing P/E Ratio21.15
Forward P/E Ratio16.18
P/E Growth1.14

Sales & Book Value

Annual Sales$98.67 million
Price / Sales2.20
Cash Flow$0.3638 per share
Price / Cash15.12
Book Value$4.75 per share
Price / Book1.16

Profitability

EPS (Most Recent Fiscal Year)$0.26
Net Income$10.14 million
Net Margins13.00%
Return on Equity7.34%
Return on Assets6.42%

Miscellaneous

Employees694
Outstanding Shares39,540,000
Market Cap$226.55 million
OptionableOptionable

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) issued its earnings results on Wednesday, October, 31st. The semiconductor company reported $0.10 earnings per share (EPS) for the quarter, hitting the Thomson Reuters' consensus estimate of $0.10. The semiconductor company had revenue of $28.63 million for the quarter, compared to analysts' expectations of $28.14 million. AXT had a net margin of 13.00% and a return on equity of 7.34%. The firm's quarterly revenue was up 1.6% on a year-over-year basis. During the same quarter last year, the company posted $0.11 earnings per share. View AXT's Earnings History.

When is AXT's next earnings date?

AXT is scheduled to release their next quarterly earnings announcement on Wednesday, February 20th 2019. View Earnings Estimates for AXT.

What price target have analysts set for AXTI?

3 analysts have issued 1 year price objectives for AXT's stock. Their forecasts range from $8.50 to $8.50. On average, they anticipate AXT's share price to reach $8.50 in the next twelve months. This suggests a possible upside of 54.5% from the stock's current price. View Analyst Price Targets for AXT.

What is the consensus analysts' recommendation for AXT?

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

Has AXT been receiving favorable news coverage?

Media coverage about AXTI stock has trended somewhat positive this week, according to InfoTrie Sentiment. InfoTrie ranks the sentiment of press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. AXT earned a media sentiment score of 1.2 on InfoTrie's scale. They also gave media headlines about the semiconductor company a news buzz of 1.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the immediate future.

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

Who are AXT's major shareholders?

AXT's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (6.75%), Systematic Financial Management LP (2.97%), Foundry Partners LLC (1.62%), Essex Investment Management Co. LLC (0.80%), Rice Hall James & Associates LLC (0.59%) and Princeton Capital Management LLC (0.58%). 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 Princeton Capital Management LLC. Company insiders that have sold AXT company stock in the last year include 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, First Trust Advisors LP, Systematic Financial Management LP, Rice Hall James & Associates LLC, BlackRock Inc. and Essex Investment Management Co. LLC. 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 $5.50.

How big of a company is AXT?

AXT has a market capitalization of $226.55 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.

What is AXT's official website?

The official website for AXT is http://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]


MarketBeat Community Rating for AXT (NASDAQ AXTI)

Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  319 (Vote Outperform)
Underperform Votes:  257 (Vote Underperform)
Total Votes:  576
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 11/12/2018 by MarketBeat.com Staff

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