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

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$7.55 +0.30 (+4.14 %)
(As of 09/21/2018 04:00 PM ET)
Previous Close$7.25
Today's Range$7.30 - $7.65
52-Week Range$5.80 - $10.75
Volume500,123 shs
Average Volume435,353 shs
Market Capitalization$284.48 million
P/E Ratio28.27
Dividend YieldN/A
Beta1.05
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

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

Debt

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

Price-To-Earnings

Trailing P/E Ratio28.27
Forward P/E Ratio20.97
P/E Growth1.32

Sales & Book Value

Annual Sales$98.67 million
Price / Sales3.02
Cash Flow$0.3974 per share
Price / Cash19.00
Book Value$4.75 per share
Price / Book1.59

Profitability

EPS (Most Recent Fiscal Year)$0.26
Net Income$10.14 million
Net Margins13.51%
Return on Equity7.72%
Return on Assets6.77%

Miscellaneous

Employees694
Outstanding Shares39,510,000
Market Cap$284.48 million

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) announced its earnings results on Wednesday, July, 25th. The semiconductor company reported $0.10 EPS for the quarter, beating analysts' consensus estimates of $0.08 by $0.02. The semiconductor company earned $27.12 million during the quarter, compared to the consensus estimate of $26.10 million. AXT had a return on equity of 7.72% and a net margin of 13.51%. The firm's revenue for the quarter was up 15.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.05 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, October, 24th 2018. View Earnings Estimates for AXT.

What price target have analysts set for AXTI?

4 brokerages have issued 12-month target prices for AXT's stock. Their predictions range from $10.00 to $11.00. On average, they anticipate AXT's share price to reach $10.50 in the next twelve months. This suggests a possible upside of 39.1% from the stock's current price. View Analyst Price Targets for AXT.

What is the consensus analysts' recommendation for AXT?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for AXT in the last year. There are currently 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." 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. " (7/31/2018)
  • 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 stories about AXTI stock have been trending somewhat positive recently, Accern Sentiment Analysis reports. Accern ranks the sentiment of news coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. AXT earned a news impact score of 0.18 on Accern's scale. They also gave media stories about the semiconductor company an impact score of 46.57 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the near term. View Recent Headlines for AXT.

Who are AXT's major shareholders?

AXT's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Dimensional Fund Advisors LP (8.32%), BlackRock Inc. (6.73%), Royce & Associates LP (4.26%), Hood River Capital Management LLC (3.99%), Systematic Financial Management LP (2.90%) and Foundry Partners LLC (1.18%). 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 institutional investors are selling AXT stock?

AXTI stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC and Portolan 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 institutional investors are buying AXT stock?

AXTI stock was acquired by a variety of institutional investors in the last quarter, including Systematic Financial Management LP, Royce & Associates LP, BlackRock Inc., Hood River Capital Management LLC, Rice Hall James & Associates LLC, Foundry Partners LLC, Kaizen Advisory LLC and Northern Trust Corp. 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 $7.55.

How big of a company is AXT?

AXT has a market capitalization of $284.48 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 (NASDAQ AXTI)

Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  313 (Vote Outperform)
Underperform Votes:  244 (Vote Underperform)
Total Votes:  557
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 9/21/2018 by MarketBeat.com Staff

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