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 - NEC
  • Sub-Industry: Semiconductor Equipment
  • Symbol: NASDAQ:AXTI
  • CUSIP: 00246W10
  • Web: www.axt.com
Capitalization:
  • Market Cap: $288.83 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
P/E:
  • Trailing P/E Ratio: 40.59
  • Foreward P/E Ratio: 24.35
  • P/E Growth: 3.90
Sales & Book Value:
  • Annual Revenue: $83.25 million
  • Price / Sales: 3.47
  • Book Value: $4.27 per share
  • Price / Book: 1.77
Profitability:
  • EBIDTA: $12.35 million
  • Net Margins: 7.52%
  • Return on Equity: 4.37%
  • Return on Assets: 3.88%
Debt:
  • Current Ratio: 8.63%
  • Quick Ratio: 6.19%
Misc:
  • 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 results on Wednesday, April, 26th. The company reported $0.02 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.01 by $0.01. The company earned $20.60 million during the quarter, compared to the consensus estimate of $18.45 million. AXT had a return on equity of 4.37% and a net margin of 7.52%. AXT's quarterly revenue 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 equities research analysts have issued 1 year price targets for AXT's stock. Their predictions range from $7.00 to $10.00. On average, they expect AXT's stock price to reach $8.20 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. " (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 days-to-cover ratio is currently 2.7 days. Approximately 6.3% of the shares of the stock 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 a number of of institutional and retail 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 bought 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 $7.55.


MarketBeat Community Rating for AXT (NASDAQ AXTI)
Community Ranking:  2.9 out of 5 ( )
Outperform Votes:  182 (Vote Outperform)
Underperform Votes:  131 (Vote Underperform)
Total Votes:  313
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 (8.61% upside)

Analysts' Ratings History for AXT (NASDAQ:AXTI)
Show:
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

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)

Estimates

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)

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: 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)

Headlines

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

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Chart

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

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