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NASDAQ:AXTI

AXT Stock Forecast, Price & News

$9.97
+0.30 (+3.10 %)
(As of 11/27/2020 03:25 PM ET)
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Today's Range
$9.68
Now: $9.97
$10.04
50-Day Range
$5.56
MA: $7.08
$10.22
52-Week Range
$1.85
Now: $9.97
$10.44
Volume193,994 shs
Average Volume896,752 shs
Market Capitalization$411.76 million
P/E RatioN/A
Dividend YieldN/A
Beta1.94
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, as well as for 5G. 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 4N raw gallium, 6N+ purified gallium, Boron trioxide, Gallium-Magnesium alloy, pyrolytic boron nitride (pBN) crucibles, and pBN insulating parts. 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: 1.3Community Rank: 2.6Dividend Strength: 0.0Insider Behavior: 0.8Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.31 out of 5 stars


Industry, Sector and Symbol

Industry Semiconductors & related devices
Sub-IndustrySemiconductor Equipment
Current SymbolNASDAQ:AXTI
CUSIP00246W10
Phone510-438-4700
Employees988

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$83.26 million
Cash Flow$0.08 per share
Book Value$4.80 per share

Profitability

Net Income$-2,600,000.00

Miscellaneous

Market Cap$411.76 million
Next Earnings Date2/17/2021 (Estimated)
OptionableOptionable
$9.97
+0.30 (+3.10 %)
(As of 11/27/2020 03:25 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. Since then, AXTI stock has increased by 243.8% and is now trading at $9.97.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of AXT?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for AXT in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for AXT
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than AXT?

Wall Street analysts have given AXT a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but AXT wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is AXT's next earnings date?

AXT is scheduled to release its next quarterly earnings announcement on Wednesday, February 17th 2021.
View our earnings forecast for AXT
.

How were AXT's earnings last quarter?

AXT, Inc. (NASDAQ:AXTI) announced its earnings results on Monday, November, 2nd. The semiconductor company reported $0.02 earnings per share for the quarter, topping analysts' consensus estimates of $0.01 by $0.01. The semiconductor company had revenue of $25.47 million for the quarter, compared to analyst estimates of $24.13 million. AXT had a negative net margin of 1.01% and a negative return on equity of 0.46%.
View AXT's earnings history
.

What price target have analysts set for AXTI?

2 brokers have issued 12 month price objectives for AXT's shares. Their forecasts range from $6.60 to $14.00. On average, they anticipate AXT's share price to reach $10.87 in the next twelve months. This suggests a possible upside of 9.0% from the stock's current price.
View analysts' price targets for AXT
.

Are investors shorting AXT?

AXT saw a increase in short interest during the month of October. As of October 30th, there was short interest totaling 3,000,000 shares, an increase of 20.0% from the October 15th total of 2,500,000 shares. Based on an average daily trading volume, of 701,100 shares, the short-interest ratio is currently 4.3 days. Approximately 7.8% of the company's stock 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), General Electric (GE), Square (SQ), OPKO Health (OPK) and Bank of America (BAC).

Who are AXT's key executives?

AXT's management team includes the following people:
  • Dr. Morris S. Young, Co-Founder, CEO & Director (Age 75, Pay $597.83k)
  • Mr. Gary L. Fischer, CFO, VP & Corp. Sec. (Age 68, Pay $372.58k)

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 number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (6.54%), Pacific Ridge Capital Partners LLC (3.58%), Royce & Associates LP (2.67%), State Street Corp (1.66%), Game Plan Financial Advisors LLC (1.17%) and Millrace Asset Group Inc. (1.01%). Company insiders that own AXT stock include Gary L Fischer, Jesse Chen and Morris S Young.
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, Morgan Stanley, Foundry Partners LLC, Shellback Capital LP, Game Plan Financial Advisors LLC, Pacific Ridge Capital Partners LLC, BlackRock Inc., and Squarepoint Ops LLC. Company insiders that have sold AXT company stock in the last year include Gary L Fischer, Jesse Chen, and Morris S Young.
View insider buying and selling activity for AXT
.

Which institutional investors are buying AXT stock?

AXTI stock was acquired by a variety of institutional investors in the last quarter, including Millrace Asset Group Inc., Kathmere Capital Management LLC, AQR Capital Management LLC, Acadian Asset Management LLC, BNP Paribas Arbitrage SA, California Public Employees Retirement System, and JPMorgan Chase & Co..
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 $9.97.

How big of a company is AXT?

AXT has a market capitalization of $411.76 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 988 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 11/29/2020 by MarketBeat.com Staff

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