AXT Company Profile (NASDAQ:AXTI)

About AXT (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: www.axt.com
Capitalization:
  • Market Cap: $342.09 million
  • Outstanding Shares: 38,377,000
Average Prices:
  • 50 Day Moving Avg: $7.92
  • 200 Day Moving Avg: $6.94
  • 52 Week Range: $4.35 - $9.50
P/E:
  • Trailing P/E Ratio: 43.00
  • Foreward P/E Ratio: 23.89
  • P/E Growth: 3.58
Sales & Book Value:
  • Annual Revenue: $86.31 million
  • Price / Sales: 3.82
  • Book Value: $4.34 per share
  • Price / Book: 1.98
Profitability:
  • EBIDTA: $13.4 million
  • Net Margins: 8.15%
  • Return on Equity: 4.61%
  • Return on Assets: 4.10%
Debt:
  • Current Ratio: 8.16%
  • Quick Ratio: 5.85%
Misc:
  • Average Volume: 637,481 shs.
  • Beta: 1.13
  • 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 earnings results on Wednesday, July, 26th. The company reported $0.05 EPS for the quarter, meeting the consensus estimate of $0.05. The firm had revenue of $23.56 million for 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%. AXT's revenue for the quarter was up 14.9% compared to the same quarter last year. During the same quarter in the prior year, the company posted $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?

5 analysts have issued 12 month target prices for AXT's stock. Their forecasts range from $7.00 to $12.00. On average, they expect AXT's stock price to reach $9.10 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. " (9/15/2017)
  • 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
  • Wilson Lin Ph.D., Chief Operating Officer
  • 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

Who owns AXT stock?

AXT's stock is owned by many different of retail and institutional investors. Top institutional investors include Dimensional Fund Advisors LP (7.51%), Vanguard Group Inc. (4.25%), Northpointe Capital LLC (2.93%), Hood River Capital Management LLC (2.63%), Royce & Associates LP (2.40%) and Kennedy Capital Management Inc. (2.21%). Company insiders that own AXT stock include David C Chang, Jesse Chen, Leonard J Leblanc, Morris S Young and Robert G Ochrym. View Institutional Ownership Trends for AXT.

Who sold AXT stock? Who is selling AXT stock?

AXT's stock was sold by a variety of institutional investors in the last quarter, including Kennedy Capital Management Inc., ClariVest Asset Management LLC, EAM Investors LLC, OxFORD Asset Management LLP, Pacific Ridge Capital Partners LLC, Russell Investments Group Ltd., Municipal Employees Retirement System of Michigan and Princeton Capital Management Inc.. Company insiders that have sold AXT stock in the last year include David C Chang, Jesse Chen, Leonard J Leblanc, Morris S Young and Robert G Ochrym. View Insider Buying and Selling for AXT.

Who bought AXT stock? Who is buying AXT stock?

AXT's stock was bought by a variety of institutional investors in the last quarter, including Systematic Financial Management LP, State Street Corp, New York State Common Retirement Fund, Northpointe Capital LLC, Northern Trust Corp, Dimensional Fund Advisors LP, Insight Capital Research & Management Inc. and Vanguard Group Inc.. View Insider Buying and Selling for AXT.

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 $8.60.


MarketBeat Community Rating for AXT (NASDAQ AXTI)
Community Ranking:  2.9 out of 5 (star star)
Outperform Votes:  209 (Vote Outperform)
Underperform Votes:  156 (Vote Underperform)
Total Votes:  365
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, 4 Buy Ratings
Consensus Rating:Buy (Score: 2.80)
Consensus Price Target: $9.10 (5.81% upside)

Analysts' Ratings History for AXT (NASDAQ:AXTI)
Show:
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 9/21/2015 forward)

Earnings

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
10/24/2017$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)

Estimates

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)

Dividends

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

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)

Headlines

Headline Trends for AXT (NASDAQ:AXTI)
Latest Headlines for AXT (NASDAQ:AXTI)
Source:
DateHeadline
seekingalpha.com logoAXT (AXTI) Presents At Dougherty And Company Institutional Investor Conference - Slideshow
seekingalpha.com - September 20 at 10:08 PM
americanbankingnews.com logoAXT Inc (AXTI) Expected to Post Quarterly Sales of $26.30 Million
www.americanbankingnews.com - September 20 at 5:04 AM
finance.yahoo.com logoETFs with exposure to AXT, Inc. : September 18, 2017
finance.yahoo.com - September 18 at 9:41 PM
americanbankingnews.com logoAXT's (AXTI) Buy Rating Reiterated at Needham & Company LLC
www.americanbankingnews.com - September 17 at 9:02 AM
americanbankingnews.com logoAXT Inc (AXTI) Upgraded to "Buy" by Zacks Investment Research
www.americanbankingnews.com - September 15 at 4:22 PM
americanbankingnews.com logoAXT Inc (AXTI) Downgraded by Zacks Investment Research
www.americanbankingnews.com - September 14 at 4:50 PM
streetinsider.com logoAXT, Inc. (AXTI) Reports Purchase of New Manufacturing Facility in Dingxing, China - StreetInsider.com
www.streetinsider.com - September 13 at 10:31 PM
finance.yahoo.com logoAXT Announces Purchase of New Manufacturing Facility in Dingxing, China
finance.yahoo.com - September 12 at 4:32 PM
americanbankingnews.com logoAXT Inc (AXTI) Receives Average Recommendation of "Buy" from Brokerages
www.americanbankingnews.com - September 12 at 2:44 AM
finance.yahoo.com logoETFs with exposure to AXT, Inc. : September 6, 2017
finance.yahoo.com - September 5 at 10:51 PM
americanbankingnews.com logoReviewing AXT (AXTI) and Intel Corporation (INTC)
www.americanbankingnews.com - September 3 at 2:32 PM
americanbankingnews.com logoAXT (AXTI) vs. Micrel, (MCRL) Head-To-Head Analysis
www.americanbankingnews.com - September 2 at 2:18 PM
finance.yahoo.com logoAXT, Inc. :AXTI-US: Earnings Analysis: Q2, 2017 By the Numbers : September 1, 2017
finance.yahoo.com - September 1 at 3:25 PM
nasdaq.com logoTime to Focus on AXT (AXTI) for Strong Earnings Growth Potential - Nasdaq
www.nasdaq.com - August 31 at 9:11 PM
finance.yahoo.com logoTime to Focus on AXT (AXTI) for Strong Earnings Growth Potential
finance.yahoo.com - August 31 at 4:10 PM
americanbankingnews.com logoAXT Inc (AXTI) Expected to Announce Earnings of $0.08 Per Share
www.americanbankingnews.com - August 31 at 6:14 AM
streetinsider.com logoAXT, Inc. (AXTI) Names Wilson Lin as COO - StreetInsider.com
www.streetinsider.com - August 22 at 10:03 PM
seekingalpha.com logoHow Does PRO Top Idea Performance Stack Up?
seekingalpha.com - August 22 at 5:00 PM
streetinsider.com logoAXT, Inc. (AXTI) Names Wilson Lin as COO
www.streetinsider.com - August 22 at 5:00 PM
feeds.benzinga.com logoAXT Appoints Wilson Lin as Chief Operating Officer
feeds.benzinga.com - August 22 at 8:07 AM
americanbankingnews.com logoAXT Inc (AXTI) to Post Q3 2017 Earnings of $0.09 Per Share, Dougherty & Co Forecasts
www.americanbankingnews.com - August 18 at 7:20 AM
americanbankingnews.com logoAXT Inc (AXTI) Receives Average Recommendation of "Buy" from Analysts
www.americanbankingnews.com - August 18 at 2:40 AM
americanbankingnews.com logoAXT Inc (AXTI) Expected to Post Quarterly Sales of $25.84 Million
www.americanbankingnews.com - August 14 at 1:56 AM
finance.yahoo.com logoZacks.com featured highlights: Stoneridge, Synthetic Biologics, IRadimed Corporation, Syntel and AXT
finance.yahoo.com - August 9 at 4:27 PM
finance.yahoo.com logoETFs with exposure to AXT, Inc. : August 8, 2017
finance.yahoo.com - August 8 at 9:04 PM
nasdaq.com logo5 Cheap Breakout Stocks Offering Strong Returns - Nasdaq.com - Nasdaq
www.nasdaq.com - August 8 at 4:03 PM
finance.yahoo.com logo5 Cheap Breakout Stocks Offering Strong Returns
finance.yahoo.com - August 8 at 4:03 PM
finance.yahoo.com logoAXT, Inc.: Leads amongst peers with strong fundamentals
finance.yahoo.com - August 7 at 5:03 PM
americanbankingnews.com logoAXT Inc (AXTI) Director David C. Chang Sells 9,000 Shares
www.americanbankingnews.com - August 2 at 8:54 PM
americanbankingnews.com logoAXT Inc (AXTI) CEO Morris S. Young Sells 92,896 Shares
www.americanbankingnews.com - August 2 at 7:46 PM
americanbankingnews.com logoQ3 2017 EPS Estimates for AXT Inc Increased by BWS Financial (NASDAQ:AXTI)
www.americanbankingnews.com - July 31 at 8:00 AM
americanbankingnews.com logoAXT Inc (NASDAQ:AXTI) Upgraded at Zacks Investment Research
www.americanbankingnews.com - July 28 at 5:21 PM
nasdaq.com logoBUZZ-U.S. STOCKS ON THE MOVE-Twitter, F5 Networks, Whirlpool ... - Nasdaq
www.nasdaq.com - July 27 at 9:38 PM
streetinsider.com logoAXT, Inc. (AXTI) PT Raised to $12 at BWS Financial - StreetInsider.com
www.streetinsider.com - July 27 at 4:30 PM
finance.yahoo.com logoEdited Transcript of AXTI earnings conference call or presentation 26-Jul-17 8:30pm GMT
finance.yahoo.com - July 27 at 4:30 PM
americanbankingnews.com logoBWS Financial Increases AXT Inc (NASDAQ:AXTI) Price Target to $12.00
www.americanbankingnews.com - July 27 at 2:05 PM
fool.com logoWhy Shares of AXT Inc. Are Up Today
www.fool.com - July 27 at 12:55 PM
americanbankingnews.com logo$24.08 Million in Sales Expected for AXT Inc (AXTI) This Quarter
www.americanbankingnews.com - July 27 at 11:39 AM
globenewswire.com logoAXT, Inc. Announces Second Quarter 2017 Financial Results - GlobeNewswire (press release)
globenewswire.com - July 26 at 9:55 PM
finance.yahoo.com logoAXT meets 2Q profit forecasts
finance.yahoo.com - July 26 at 9:55 PM
americanbankingnews.com logoAXT Inc (NASDAQ:AXTI) Releases Quarterly Earnings Results, Hits Estimates
www.americanbankingnews.com - July 26 at 5:54 PM
nasdaq.com logoAXT, Inc. Announces Second Quarter 2017 Financial Results - Nasdaq
www.nasdaq.com - July 26 at 4:53 PM
finance.yahoo.com logoInvestor Network: AXT, Inc. to Host Earnings Call
finance.yahoo.com - July 26 at 4:53 PM
finance.yahoo.com logoAXT, Inc. Announces Second Quarter 2017 Financial Results
finance.yahoo.com - July 26 at 4:53 PM
americanbankingnews.com logo Analysts Anticipate AXT Inc (AXTI) Will Announce Earnings of $0.05 Per Share
www.americanbankingnews.com - July 25 at 2:37 PM
americanbankingnews.com logoAXT Inc (NASDAQ:AXTI) Given Average Recommendation of "Buy" by Analysts
www.americanbankingnews.com - July 24 at 11:50 AM
americanbankingnews.com logoAXT Inc (NASDAQ:AXTI) Stock Rating Reaffirmed by B. Riley
www.americanbankingnews.com - July 23 at 7:40 AM
americanbankingnews.com logoAXT Inc (NASDAQ:AXTI) Set to Announce Quarterly Earnings on Wednesday
www.americanbankingnews.com - July 19 at 8:15 AM
americanbankingnews.com logoAXT Inc (NASDAQ:AXTI) Stock Rating Upgraded by BidaskClub
www.americanbankingnews.com - July 16 at 4:00 PM
americanbankingnews.com logoAXT Inc (AXTI) Short Interest Up 272.5% in June
www.americanbankingnews.com - July 16 at 7:06 AM

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Chart

AXT (AXTI) Chart for Thursday, September, 21, 2017

This page was last updated on 9/21/2017 by MarketBeat.com Staff