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AXTI

AXTI - AXT Inc Stock Price, Fair Value and News

4.80USD-0.09 (-1.84%)Delayed as of 28 Mar 2024, 12:08 pm ET

Market Summary

AXTI
USD4.80-0.09
Delayedas of 28 Mar 2024, 12:08 pm
-1.84%

AXTI Stock Price

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AXTI RSI Chart

AXTI Valuation

Market Cap

216.4M

Price/Earnings (Trailing)

-12.1

Price/Sales (Trailing)

2.85

EV/EBITDA

-16.18

Price/Free Cashflow

-30.6

AXTI Price/Sales (Trailing)

AXTI Profitability

Operating Margin

17.57%

EBT Margin

-25.07%

Return on Equity

-7.86%

Return on Assets

-4.98%

Free Cashflow Yield

-3.27%

AXTI Fundamentals

AXTI Revenue

Revenue (TTM)

75.8M

Rev. Growth (Yr)

-23.76%

Rev. Growth (Qtr)

17.64%

AXTI Earnings

Earnings (TTM)

-17.9M

Earnings Growth (Yr)

-370.02%

Earnings Growth (Qtr)

37.82%

Breaking Down AXTI Revenue

52 Week Range

2.204.96
(Low)(High)

Last 7 days

1.6%

Last 30 days

106.3%

Last 90 days

99.6%

Trailing 12 Months

29.5%

How does AXTI drawdown profile look like?

AXTI Financial Health

Current Ratio

2.09

AXTI Investor Care

Shares Dilution (1Y)

1.56%

Diluted EPS (TTM)

-0.43

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2023120.9M100.0M82.2M75.8M
2022145.7M151.4M152.1M141.1M
2021106.0M117.6M126.7M137.4M
202083.8M81.1M86.7M95.4M
201998.2M95.9M87.1M83.3M
2018102.5M106.0M106.5M102.4M
201783.3M86.3M92.6M98.7M
201676.2M75.6M79.1M81.3M
201584.2M83.8M79.0M77.5M
201481.3M79.9M82.5M83.5M
201387.3M84.9M84.7M84.3M
2012103.0M98.2M90.7M88.4M
2011101.4M108.3M109.8M104.1M
2010068.7M82.1M95.5M
200900055.4M

Tracking the Latest Insider Buys and Sells of AXT Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Nov 10, 2023
fischer gary l
acquired
-
-
38,800
vice president, cfo & corp sec
Nov 10, 2023
young morris s
acquired
-
-
111,795
chairman and ceo
May 19, 2023
young morris s
gifted
-
-
-108,112
chairman and ceo
May 18, 2023
chang david c
acquired
-
-
23,323
-
May 18, 2023
christine russell
acquired
-
-
23,323
-
May 18, 2023
chen jesse
acquired
-
-
23,323
-
May 15, 2023
young morris s
gifted
-
-
108,112
chairman and ceo
May 15, 2023
young morris s
gifted
-
-
-108,112
chairman and ceo
Feb 28, 2023
chen jesse
sold
-33,375
4.45
-7,500
-
Jan 03, 2023
leblanc leonard j
acquired
-
-
18,306
-

1–10 of 50

Which funds bought or sold AXTI recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Mar 22, 2024
PNC FINANCIAL SERVICES GROUP, INC.
added
28.74
6,000
26,880
-%
Mar 11, 2024
VANGUARD GROUP INC
added
14.32
684,271
5,461,100
-%
Feb 26, 2024
Virtu Financial LLC
new
-
37,000
37,000
-%
Feb 16, 2024
GSA CAPITAL PARTNERS LLP
added
21.54
195,000
1,101,000
0.09%
Feb 16, 2024
PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO
sold off
-100
-9,000
-
-%
Feb 15, 2024
JANE STREET GROUP, LLC
new
-
65,352
65,352
-%
Feb 15, 2024
BARCLAYS PLC
sold off
-100
-60,000
-
-%
Feb 14, 2024
MILLENNIUM MANAGEMENT LLC
reduced
-1.15
-9,969
857,897
-%
Feb 14, 2024
Creative Planning
reduced
-36.39
-72,000
125,875
-%
Feb 14, 2024
Quantbot Technologies LP
sold off
-100
-6,974
-
-%

1–10 of 46

Are Funds Buying or Selling AXTI?

Are funds buying AXTI calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own AXTI
No. of Funds

Unveiling AXT Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
vanguard group inc
5.21%
2,275,457
SC 13G
Feb 12, 2024
first wilshire securities management inc
7.6%
3,306,715
SC 13G
Feb 09, 2024
dimensional fund advisors lp
4.6%
2,017,064
SC 13G/A
Jul 07, 2023
blackrock inc.
1.7%
727,015
SC 13G/A
Feb 10, 2023
dimensional fund advisors lp
7.3%
3,173,175
SC 13G/A
Feb 01, 2023
blackrock inc.
6.2%
2,689,265
SC 13G/A
Feb 08, 2022
dimensional fund advisors lp
7.0%
3,007,836
SC 13G/A
Feb 01, 2022
blackrock inc.
6.4%
2,722,343
SC 13G/A
Feb 12, 2021
dimensional fund advisors lp
7.8%
3,228,665
SC 13G/A
Jan 29, 2021
blackrock inc.
6.8%
2,825,523
SC 13G/A

Recent SEC filings of AXT Inc

View All Filings
Date Filed Form Type Document
Mar 15, 2024
10-K
Annual Report
Feb 22, 2024
8-K
Current Report
Feb 13, 2024
SC 13G
Major Ownership Report
Feb 12, 2024
SC 13G
Major Ownership Report
Feb 09, 2024
SC 13G/A
Major Ownership Report

What is the Fair Value of AXTI?

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Cheap
or
Expensive?


Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224


Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index
Very Expensive Stocks
Very Cheap Stocks

Peers (Alternatives to AXT Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
2.3T
60.9B
29.85% 266.53%
75.82
37.04
125.85% 581.31%
290.2B
22.7B
3.32% 83.62%
339.79
12.79
-3.90% -35.30%
185.1B
54.2B
-2.16% 42.80%
109.57
3.41
-14.00% -78.92%
172.8B
26.5B
5.35% 71.49%
24.15
6.53
0.88% 10.98%
95.9B
11.6B
2.80% 4.12%
34.05
8.29
-8.03% -17.90%
MID-CAP
8.0B
6.5B
5.46% 23.23%
22.37
1.24
-8.30% -53.02%
5.0B
1.8B
0.66% -12.03%
28.17
2.77
-11.16% -46.12%
3.7B
1.1B
-3.53% -13.00%
14.9
3.25
22.89% 34.51%
3.2B
1.7B
0.34% -24.83%
14.23
1.95
-16.94% -31.42%
2.1B
258.2M
-6.99% -35.84%
-17.21
7.99
-25.06% -98.60%
SMALL-CAP
1.7B
557.7M
57.51% 159.16%
22.32
3.1
43.44% 97.00%
617.6M
640.0M
-3.44% -13.37%
-36.02
0.96
-19.44% -128.49%
359.5M
81.5M
-17.13% -54.54%
17.11
4.41
33.53% 70.08%
160.5M
550.0K
-14.53% 9.12%
-8.11
291.85
43.98% -13.47%
75.6M
116.7M
11.50% -47.44%
-3.94
0.65
15.07% -240.88%

AXT Inc News

Latest updates
MarketBeat • 7 hours ago
InvestorsObserver • 21 Mar 2024 • 02:47 pm
Markets Insider • 23 Feb 2024 • 08:00 am
Seeking Alpha • 22 Feb 2024 • 08:00 am

AXT Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Thousands)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue17.6%20,42917,36618,59519,40526,79535,18339,48739,65337,73234,57633,73531,35027,03525,46922,13420,72318,41019,84124,79720,20822,232
Cost Of Revenue1.9%15,80215,50016,88014,29518,19920,40124,05226,34525,59323,07521,49719,81417,87316,64615,36615,20114,54514,08216,29113,51316,382
Gross Profit148.0%4,6271,8661,7155,1108,59614,78215,43513,30812,13911,50112,23811,5369,1628,8236,7685,5223,8655,7598,5066,6955,850
Operating Expenses-4.7%8,1878,5938,5609,5479,59710,21510,1469,6099,1059,1058,3327,9757,2436,6466,2906,1566,6656,2376,1686,0696,488
  S&GA Expenses-5.3%5,3675,6675,8205,9525,9356,5766,6936,4506,3486,4765,7955,5705,0814,6234,7474,7495,0584,7554,7694,7235,179
  R&D Expenses-3.6%2,8202,9262,7403,5953,6623,6393,4533,1592,7572,6292,5372,4052,1622,0231,5431,4071,6071,4821,3991,3461,309
EBITDA Margin-100.1%-0.14*-0.07*0.08*0.17*0.21*0.20*0.18*0.17*0.18*0.18*0.17*0.15*---------
Income Taxes389.1%292-101-139148-3.005011,027660-411-135893746108637920366-21423.00597156-173
Earnings Before Taxes46.7%-3,474-6,516-5,492-3,5181,4657,2317,5724,6323,2224,3615,5084,5112,5202,1181,879583-2,022-4722,335-867-1,052
EBT Margin-46.5%-0.25*-0.17*0.00*0.11*0.15*0.15*0.13*0.12*0.13*0.13*0.12*0.10*---------
Net Income37.8%-3,621-5,823-5,089-3,3481,3415,7595,5463,1652,9653,8004,3853,4252,064991361-178-2,049-8981,451-1,104-1,061
Net Income Margin-50.0%-0.24*-0.16*-0.01*0.08*0.11*0.11*0.10*0.10*0.11*0.11*0.09*0.06*---------
Free Cashflow141.2%2,132-5,1781,124-5,150836-22,749-117-15,200-3,118-6,230-9,517-14,085---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets4.8%359342346367370362361338332316309302299233226223223218214215224
  Current Assets6.5%171160165177184181177160160160164163165109111111113109112118129
    Cash Equivalents75.7%50.0029.0030.0035.0035.0037.0045.0029.0037.0044.0053.0061.0073.0022.0027.0020.0027.0028.0029.0021.0017.00
  Inventory0.1%87.0086.0087.0092.0090.0088.0077.0069.0066.0061.0059.0055.0052.0048.0050.0048.0049.0049.0050.0053.0059.00
  Net PPE4.8%16615915916316115315314714213212712011610810197.0097.0090.0088.0085.0082.00
Liabilities20.8%90.0074.0072.0078.0080.0076.0075.0051.0052.0042.0042.0043.0043.0031.0032.0030.0031.0026.0018.0019.0029.00
  Current Liabilities20.5%82.0068.0067.0073.0075.0073.0071.0047.0048.0037.0038.0039.0039.0026.0028.0026.0028.0023.0017.0017.0029.00
Shareholder's Equity11.4%227204233243222240238237230224217210208202194192193191196196195
  Retained Earnings-12.7%-32.04-28.42-22.60-17.51-14.16-15.50-21.26-26.80-29.97-32.93-36.73-41.12-44.54-46.61-47.60-47.96-47.78-45.73-44.84-46.29-45.18
  Additional Paid-In Capital0.3%238238237236235235233232232231228230230240239238237236236235234
Shares Outstanding-0.2%44.0044.0044.0044.0044.0042.0042.0042.0043.0041.0041.0041.00---------
Minority Interest1.2%23.0023.0023.0023.0023.0023.0022.0021.0018.0018.0017.0015.0015.006.006.005.005.005.004.004.004.00
Float-------195---351---144---109--
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations280.4%1,429-7924,300-1,534536-14,83814,443-8,9067,432-168-2,260-8,309-4594,3418,087-6,1045,3211,3908,810-2,8633,445
  Share Based Compensation-7.7%8228919129157451,0361,1371,0881,0891,639975816691648641643637583568558533
Cashflow From Investing225.7%2,242-1,784-2,349-713302-7,151-12,080-6,294-13,264-12,753-7,257-5,536-6,322-7,096-1,585-1,419-6,622-7,606-9916,891-5,203
Cashflow From Financing1011.9%6,371573-4,1045,7732,75613,23514,1217,919-1,3543,8576082,61453,639-1,796-13.0083255.005,795-30.0036673.00

AXTI Income Statement

2023-12-31
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
CONSOLIDATED STATEMENTS OF OPERATIONS   
Revenue$ 75,795$ 141,118$ 137,393
Cost of revenue62,47788,99789,979
Gross profit13,31852,12147,414
Operating expenses:   
Selling, general and administrative22,80625,65424,189
Research and development12,08113,91310,328
Total operating expenses34,88739,56734,517
Income (loss) from operations(21,569)12,55412,897
Interest expense, net(1,527)(1,071)(213)
Equity in income of unconsolidated joint ventures1,8845,9574,409
Other income, net2,1793,487509
Income (loss) before provision for income taxes(19,033)20,92717,602
Provision for income taxes1602,1851,093
Net income (loss)(19,193)18,74216,509
Less: Net (income) loss attributable to noncontrolling interests and redeemable noncontrolling interests1,312(2,931)(1,934)
Net income (loss) attributable to AXT, Inc.$ (17,881)$ 15,811$ 14,575
Net income (loss) attributable to AXT, Inc. per common share:   
Basic$ (0.42)$ 0.37$ 0.35
Diluted$ (0.42)$ 0.37$ 0.34
Weighted-average number of common shares outstanding:   
Basic42,64342,10441,367
Diluted42,64342,71542,720

AXTI Balance Sheet

2023-12-31
CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2023
Dec. 31, 2022
Current assets:  
Cash and cash equivalents$ 37,752,000$ 34,948,000
Restricted cash12,362,0006,400,000
Short-term investments2,140,0009,339,000
Accounts receivable, net of allowances for credit losses of $579 and $307 as of December 31, 2023 and December 31, 202219,256,00029,252,000
Inventories86,503,00089,629,000
Prepaid expenses and other current assets12,643,00013,977,000
Total current assets170,656,000183,545,000
Long-term investments 2,118,000
Property, plant and equipment, net166,348,000161,017,000
Operating lease right-of-use assets2,799,0001,761,000
Other assets18,898,00021,631,000
Total assets358,701,000370,072,000
Current liabilities:  
Accounts payable9,617,00010,084,000
Accrued liabilities19,019,00018,164,000
Bank loans52,921,00047,078,000
Total current liabilities81,557,00075,326,000
Noncurrent operating lease liabilities2,351,0001,322,000
Other long-term liabilities5,647,0003,678,000
Total liabilities89,555,00080,326,000
Commitments and contingencies (Note 16)
Redeemable noncontrolling interests (Note 18)41,663,00044,846,000
Stockholders' equity:  
Preferred stock Series A, $0.001 par value; 2,000 shares authorized; 883 shares issued and outstanding as of December 31, 2023 and December 31, 2022 (Liquidation preference of $7,875 and $7,699 as of December 31, 2023 and December 31, 2022)3,532,0003,532,000
Common stock, $0.001 par value; 70,000 shares authorized; 44,239 and 43,554 shares issued and outstanding as of December 31, 2023 and December 31, 202244,00044,000
Additional paid-in capital238,452,000235,308,000
Accumulated deficit(32,040,000)(14,159,000)
Accumulated other comprehensive loss(5,999,000)(3,118,000)
Total AXT, Inc. stockholders' equity203,989,000221,607,000
Noncontrolling interests23,494,00023,293,000
Total stockholders' equity227,483,000244,900,000
Total liabilities, redeemable noncontrolling interests and stockholders' equity$ 358,701,000$ 370,072,000
AXTI
AXT, Inc. designs, develops, manufactures, and distributes compound and single element semiconductor substrates. It produces semiconductor substrates using its proprietary vertical gradient freeze technology. The company offers indium phosphide for use in data center connectivity using light/lasers, 5G communications, fiber optic lasers and detectors, passive optical networks, silicon photonics, photonic integrated circuits, terrestrial solar cells, RF amplifier and switching, infrared light-emitting diode (LEDS) motion control, lidar for robotics and autonomous vehicles, and infrared thermal imaging. It also provides semi-insulating gallium arsenide (GaAs) substrates for use in Wi-Fi and IoT devices, transistors, direct broadcast television, power amplifiers, satellite communications, and solar cells; and semi-conducting GaAs substrates that are used in LED, screen displays, printer head lasers and LEDs, 3-D sensing using VCSELs, data center communication using VCSELs, sensors for industrial robotics/near-infrared sensors, optical couplers, solar cells, night vision goggles, lidar for robotics and autonomous vehicles, and other lasers, as well as laser machining, cutting, and drilling. In addition, the company offers germanium substrates for use in multi-junction solar cells for satellites, optical sensors and detectors, terrestrial concentrated photo voltaic cells, infrared detectors, and carrier wafer for LED. Further, it provides 6N+ and 7N+ purified gallium, boron trioxide, gallium-magnesium alloy, pyrolytic boron nitride (pBN) crucibles, and pBN insulating parts. It 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 incorporated in 1986 and is headquartered in Fremont, California.
 CEO
 WEBSITEwww.axt.com
 EMPLOYEES1559

AXT Inc Frequently Asked Questions


What is the ticker symbol for AXT Inc? What does AXTI stand for in stocks?

AXTI is the stock ticker symbol of AXT Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of AXT Inc (AXTI)?

As of Wed Mar 27 2024, market cap of AXT Inc is 216.37 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of AXTI stock?

You can check AXTI's fair value in chart for subscribers.

What is the fair value of AXTI stock?

You can check AXTI's fair value in chart for subscribers. The fair value of AXT Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of AXT Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for AXTI so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is AXT Inc a good stock to buy?

The fair value guage provides a quick view whether AXTI is over valued or under valued. Whether AXT Inc is cheap or expensive depends on the assumptions which impact AXT Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for AXTI.

What is AXT Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed Mar 27 2024, AXTI's PE ratio (Price to Earnings) is -12.1 and Price to Sales (PS) ratio is 2.85. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. AXTI PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on AXT Inc's stock?

In the past 10 years, AXT Inc has provided 0.082 (multiply by 100 for percentage) rate of return.