AXT Company Profile (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 - NEC
  • Sub-Industry: Semiconductor Equipment
  • Symbol: NASDAQ:AXTI
  • CUSIP: 00246W10
  • Web:
  • Market Cap: $285.5 million
  • Outstanding Shares: 38,256,000
Average Prices:
  • 50 Day Moving Avg: $6.67
  • 200 Day Moving Avg: $6.42
  • 52 Week Range: $3.36 - $8.65
  • Trailing P/E Ratio: 38.95
  • Foreward P/E Ratio: 23.13
  • P/E Growth: 4.00
Sales & Book Value:
  • Annual Revenue: $83.25 million
  • Price / Sales: 3.40
  • Book Value: $4.27 per share
  • Price / Book: 1.73
  • EBIDTA: $12.35 million
  • Net Margins: 7.52%
  • Return on Equity: 4.37%
  • Return on Assets: 3.88%
  • Current Ratio: 8.63%
  • Quick Ratio: 6.19%
  • Average Volume: 525,905 shs.
  • Beta: 1.01
  • Short Ratio: 3.82
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) issued its quarterly earnings data on Wednesday, April, 26th. The company reported $0.02 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.01 by $0.01. The firm had revenue of $20.60 million for the quarter, compared to analyst estimates of $18.45 million. AXT had a net margin of 7.52% and a return on equity of 4.37%. The firm's revenue for the quarter was up 10.2% on a year-over-year basis. 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, July, 26th 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 1-year price objectives for AXT's stock. Their forecasts range from $7.00 to $10.00. On average, they expect AXT's share price to reach $8.20 in the next twelve months. 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. " (6/27/2017)
  • 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)

Are investors shorting AXT?

AXT saw a increase in short interest during the month of June. As of June 30th, there was short interest totalling 2,315,518 shares, an increase of 272.5% from the June 15th total of 621,686 shares. Based on an average trading volume of 855,057 shares, the short-interest ratio is currently 2.7 days. Currently, 6.3% of the company's shares are short sold.

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
  • 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 shareholders include Insight Capital Research & Management Inc. (0.65%). Company insiders that own AXT stock include Davis Zhang, Jesse Chen, Leonard J Leblanc, Morris S Young and Robert G Ochrym. View Institutional Ownership Trends for AXT.

Who bought AXT stock? Who is buying AXT stock?

AXT's stock was purchased by a variety of institutional investors in the last quarter, including Insight Capital Research & Management 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 $7.40.

MarketBeat Community Rating for AXT (NASDAQ AXTI)
Community Ranking:  2.9 out of 5 ( )
Outperform Votes:  181 (Vote Outperform)
Underperform Votes:  130 (Vote Underperform)
Total Votes:  311
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: $8.20 (10.81% upside)

Analysts' Ratings History for AXT (NASDAQ:AXTI)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
7/21/2017B. RileyReiterated RatingNeutral$7.00HighView Rating Details
6/17/2017Dougherty & CoReiterated RatingBuyHighView Rating Details
4/27/2017Needham & Company LLCBoost Price TargetBuy -> Buy$8.50 -> $9.00HighView Rating Details
4/11/2017BWS FinancialInitiated CoverageBuy$10.00MediumView 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 7/24/2015 forward)


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
7/26/2017$0.05N/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)


Earnings Estimates for AXT (NASDAQ:AXTI)
2017 EPS Consensus Estimate: $0.15
2018 EPS Consensus Estimate: $0.30
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$0.07$0.05
Q4 20174$0.05$0.08$0.06
Q1 20184$0.04$0.06$0.05
Q2 20184$0.06$0.09$0.07
Q3 20184$0.06$0.13$0.09
Q4 20184$0.06$0.11$0.09
(Data provided by Zacks Investment Research)


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

Insider Trades

Insider Trading and Institutional Ownership History for AXT (NASDAQ:AXTI)
Insider Ownership Percentage: 6.90%
Institutional Ownership Percentage: 54.32%
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
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)


Headline Trends for AXT (NASDAQ:AXTI)
Latest Headlines for AXT (NASDAQ:AXTI)
DateHeadline logoAXT Inc (NASDAQ:AXTI) Stock Rating Reaffirmed by B. Riley - July 23 at 7:40 AM logoAXT Inc (NASDAQ:AXTI) Set to Announce Quarterly Earnings on Wednesday - July 19 at 8:15 AM logoAXT Inc (NASDAQ:AXTI) Stock Rating Upgraded by BidaskClub - July 16 at 4:00 PM logoAXT Inc (AXTI) Short Interest Up 272.5% in June - July 16 at 7:06 AM logoETFs with exposure to AXT, Inc. : July 13, 2017 - July 13 at 5:06 PM logoAXT, Inc. Schedules Second Quarter 2017 Earnings Release for ... - Nasdaq - July 10 at 9:19 PM logoAXT, Inc. Schedules Second Quarter 2017 Earnings Release for July 26, 2017 - July 10 at 4:18 PM logoMid-Afternoon Market Update: L Brands Falls Following Disappointing Sales Report; Herman Miller Shares Surge - Benzinga - July 6 at 5:37 PM logoETFs with exposure to AXT, Inc. : July 3, 2017 - July 3 at 4:11 PM logoAXT Inc (AXTI) Expected to Announce Quarterly Sales of $22.50 Million - July 1 at 9:06 AM logoZacks: Analysts Expect AXT Inc (AXTI) Will Announce Earnings of $0.05 Per Share - June 29 at 10:20 AM logoAXT Inc (AXTI) Downgraded to Hold at Zacks Investment Research - June 27 at 4:44 PM logoAXT Inc (AXTI) Given Consensus Recommendation of "Buy" by Brokerages - June 27 at 11:28 AM logoAXT's (AXTI) Buy Rating Reaffirmed at Dougherty & Co - June 19 at 12:38 AM logoFinisar Surges 9%: Street Cheers Implication Apple's Given Them 3-D Sensing Orders - June 16 at 4:28 PM logoShort Interest in AXT Inc (AXTI) Drops By 23.6% - June 14 at 7:08 AM logoZacks: Brokerages Expect AXT Inc (AXTI) Will Announce Quarterly Sales of $22.50 Million - June 7 at 11:50 AM logoETFs with exposure to AXT, Inc. : June 5, 2017 - June 5 at 3:15 PM logoAXT Inc (AXTI) Expected to Post Earnings of $0.05 Per Share - June 5 at 8:28 AM logoAXT Inc (AXTI) Given Average Recommendation of "Buy" by Analysts - May 31 at 10:44 AM logoWhy AXT (AXTI) Isn't Done Growing Earnings Yet - Nasdaq - May 26 at 4:05 PM logoWhy AXT (AXTI) Isn't Done Growing Earnings Yet - May 26 at 4:05 PM logoETFs with exposure to AXT, Inc. : May 26, 2017 - May 26 at 4:05 PM logoInsider Selling: AXT Inc (AXTI) VP Sells 7,500 Shares of Stock - May 25 at 4:44 PM logoAXT, Inc. :AXTI-US: Earnings Analysis: Q1, 2017 By the Numbers : May 25, 2017 - May 25 at 4:38 PM logoAXT Inc (AXTI) Upgraded to "Buy" at Zacks Investment Research - May 23 at 4:24 PM logoAXT Inc (AXTI) Forecasted to Earn Q3 2018 Earnings of $0.09 Per Share - May 22 at 7:56 AM logoAXT Inc (AXTI) Director Sells $36,350.00 in Stock - May 18 at 1:33 PM logoAXT Inc (AXTI) Sees Large Increase in Short Interest - May 13 at 7:02 AM logoAXT Inc (AXTI) Expected to Post Quarterly Sales of $22.5 Million - May 11 at 10:16 AM logo Brokerages Expect AXT Inc (AXTI) to Post $0.05 EPS - May 9 at 8:30 PM logoAXT Inc (AXTI) Given Consensus Recommendation of "Buy" by Analysts - May 5 at 7:00 PM logoAXT (AXTI) Receiving Favorable Press Coverage, Study Finds - May 2 at 11:18 PM logoAXT Inc (AXTI) Earns "Neutral" Rating from B. Riley - May 1 at 8:42 PM logoQ2 2017 Earnings Forecast for AXT Inc (AXTI) Issued By Dougherty & Co - May 1 at 8:35 AM logoB. Riley Equities Analysts Lift Earnings Estimates for AXT Inc (AXTI) - May 1 at 8:35 AM logoAXT's (AXTI) Neutral Rating Reiterated at B. Riley - April 30 at 11:34 PM logoAXT Inc (AXTI) Sees Large Growth in Short Interest - April 29 at 7:18 PM logoSomewhat Critical News Coverage Likely to Impact AXT (AXTI) Stock Price - April 29 at 2:27 PM logoAXT Inc to Post FY2017 Earnings of $0.18 Per Share, Dougherty & Co Forecasts (AXTI) - April 28 at 5:24 PM logoAXT Inc (AXTI) PT Raised to $9.00 - April 27 at 11:39 PM logoAXT Inc (AXTI) Rating Lowered to Sell at Zacks Investment Research - April 27 at 6:06 PM logoEdited Transcript of AXTI earnings conference call or presentation 26-Apr-17 8:30pm GMT - April 27 at 4:13 PM logoETFs with exposure to AXT, Inc. : April 27, 2017 - April 27 at 4:13 PM logoWhy Shares of AXT Inc. Jumped Today - April 27 at 2:16 PM logoAXT Inc (AXTI) Issues Quarterly Earnings Results, Beats Expectations By $0.01 EPS - April 26 at 9:48 PM logoAXT, Inc. Announces First Quarter 2017 Financial Results - GlobeNewswire (press release) - April 26 at 9:08 PM logoAXT, Inc. Announces First Quarter 2017 Financial Results - April 26 at 9:08 PM logoAXT tops Street 1Q forecasts - April 26 at 9:08 PM logoSomewhat Favorable Media Coverage Somewhat Likely to Affect AXT (AXTI) Stock Price - April 26 at 4:58 PM



AXT (AXTI) Chart for Monday, July, 24, 2017

This page was last updated on 7/24/2017 by Staff