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NASDAQ:AXTI - AXT Stock Price, Forecast & News

$2.78
-0.22 (-7.33 %)
(As of 03/29/2020 04:00 PM ET)
Today's Range
$2.69
Now: $2.78
$2.97
50-Day Range
$1.89
MA: $3.31
$4.28
52-Week Range
$1.85
Now: $2.78
$6.14
Volume193,423 shs
Average Volume352,019 shs
Market Capitalization$113.51 million
P/E RatioN/A
Dividend YieldN/A
Beta1.66
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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Industry, Sector and Symbol

Industry Semiconductors & related devices
Sub-IndustrySemiconductor Equipment
SectorComputer and Technology
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$113.51 million
Next Earnings Date4/22/2020 (Estimated)
OptionableOptionable

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AXT (NASDAQ:AXTI) Frequently Asked Questions

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

AXT's stock was trading at $2.90 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, AXTI stock has decreased by 4.1% and is now trading at $2.78. View which stocks have been mosted impacted by Coronavirus.

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, April 22nd 2020. View our earnings forecast for AXT.

How were AXT's earnings last quarter?

AXT Inc (NASDAQ:AXTI) announced its quarterly earnings data on Wednesday, February, 19th. The semiconductor company reported ($0.05) EPS for the quarter, topping the Thomson Reuters' consensus estimate of ($0.07) by $0.02. The semiconductor company had revenue of $18.40 million for the quarter, compared to analysts' expectations of $20.01 million. AXT had a negative return on equity of 1.37% and a negative net margin of 3.12%. The firm's revenue for the quarter was down 17.1% compared to the same quarter last year. During the same period in the prior year, the company earned ($0.03) earnings per share. View AXT's earnings history.

What price target have analysts set for AXTI?

3 brokerages have issued twelve-month target prices for AXT's shares. Their forecasts range from $5.40 to $6.00. On average, they anticipate AXT's stock price to reach $5.70 in the next year. This suggests a possible upside of 105.0% from the stock's current price. View analysts' price targets for AXT.

Has AXT been receiving favorable news coverage?

Media coverage about AXTI stock has been trending very positive on Sunday, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. AXT earned a media sentiment score of 4.0 on InfoTrie's scale. They also assigned media coverage about the semiconductor company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock's share price in the near term. View the latest news aboutAXT.

Are investors shorting AXT?

AXT saw a increase in short interest during the month of February. As of February 14th, there was short interest totaling 728,900 shares, an increase of 12.1% from the January 30th total of 650,100 shares. Based on an average daily volume of 234,200 shares, the days-to-cover ratio is currently 3.1 days. Currently, 2.0% of the shares of the stock are sold short. View AXT's Current Options Chain.

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 Micron Technology (MU), NVIDIA (NVDA), Alibaba Group (BABA), Canopy Growth (CGC), Advanced Micro Devices (AMD), AT&T (T), Editas Medicine (EDIT), Exelixis (EXEL), General Electric (GE) and Verizon Communications (VZ).

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 a variety of institutional and retail investors. Top institutional shareholders include Royce & Associates LP (5.00%), Pacific Ridge Capital Partners LLC (4.40%), Foundry Partners LLC (2.11%), Cooper Creek Partners Management LLC (1.84%), State Street Corp (1.68%) and Game Plan Financial Advisors LLC (1.41%). View institutional ownership trends for AXT.

Which institutional investors are selling AXT stock?

AXTI stock was sold by a variety of institutional investors in the last quarter, including Royce & Associates LP, Marshall Wace LLP, Bank of New York Mellon Corp, Perritt Capital Management Inc., Brinker Capital Inc., Ariel Investments LLC, Bank of America Corp DE, and KBC Group NV. View insider buying and selling activity for AXT.

Which institutional investors are buying AXT stock?

AXTI stock was purchased by a variety of institutional investors in the last quarter, including Cooper Creek Partners Management LLC, Game Plan Financial Advisors LLC, Pacific Ridge Capital Partners LLC, Foundry Partners LLC, Assenagon Asset Management S.A., Goldman Sachs Group Inc., Needham Investment Management LLC, and State Street Corp. 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 $2.78.

How big of a company is AXT?

AXT has a market capitalization of $113.51 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. View additional information about AXT.

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:  2.6 out of 5 (star star)
Outperform Votes:  395 (Vote Outperform)
Underperform Votes:  360 (Vote Underperform)
Total Votes:  755
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 3/29/2020 by MarketBeat.com Staff

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