Axt Inc Stock Today
| AXTI Stock | USD 1.91 0.08 4.37% |
Performance0 of 100
| Odds Of DistressLess than 40
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AXT is trading at 1.91 as of the 22nd of November 2024. This is a 4.37 percent increase since the beginning of the trading day. The stock's open price was 1.83. AXT has about a 40 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for AXT Inc are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of October 2024 and ending today, the 22nd of November 2024. Click here to learn more.
Business Domain Semiconductors & Semiconductor Equipment | IPO Date 21st of May 1998 | Category Technology | Classification Information Technology |
AXT, Inc. designs, develops, manufactures, and distributes compound and single element semiconductor substrates. AXT, Inc. was incorporated in 1986 and is headquartered in Fremont, California. Axt operates under Semiconductor Equipment Materials classification in the United States and is traded on NASDAQ Exchange. The company has 44.75 M outstanding shares of which 620.05 K shares are presently shorted by private and institutional investors with about 2.0 trading days to cover. More on AXT Inc
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AXT Stock Highlights
| Co-Founder, CEO and Director | Morris Young | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Semiconductors & Semiconductor Equipment, Information Technology, NASDAQ Composite, NASDAQ Composite Total, Information Technology, Semiconductors & Semiconductor Equipment, Semiconductor Equipment & Materials, Technology (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsAXT can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand AXT's financial leverage. It provides some insight into what part of AXT's total assets is financed by creditors.
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AXT Inc (AXTI) is traded on NASDAQ Exchange in USA. It is located in 4281 Technology Drive, Fremont, CA, United States, 94538 and employs 1,456 people. AXT is listed under Semiconductors & Semiconductor Equipment category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 82.34 M. AXT Inc conducts business under Semiconductors & Semiconductor Equipment sector and is part of Information Technology industry. The entity has 44.75 M outstanding shares of which 620.05 K shares are presently shorted by private and institutional investors with about 2.0 trading days to cover.
AXT Inc currently holds about 40.12 M in cash with 3.4 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.95.
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Ownership AllocationAXT holds a total of 44.75 Million outstanding shares. Over half of AXT's outstanding shares are owned by other corporate entities. These other corporate entities are typically referred to as corporate investors that acquire positions in a given instrument to benefit from reduced trade commissions. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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AXT Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| White Pine Capital Llc | 2024-09-30 | 663.3 K | |
| Oberweis Asset Management Inc | 2024-06-30 | 659 K | |
| D. E. Shaw & Co Lp | 2024-06-30 | 604.3 K | |
| Connor Clark & Lunn Inv Mgmt Ltd | 2024-06-30 | 551.5 K | |
| Geode Capital Management, Llc | 2024-06-30 | 456.4 K | |
| Renaissance Technologies Corp | 2024-09-30 | 453.3 K | |
| Bridgeway Capital Management, Llc | 2024-06-30 | 323.9 K | |
| Millennium Management Llc | 2024-06-30 | 317.5 K | |
| Gsa Capital Partners Llp | 2024-09-30 | 301.8 K | |
| Vanguard Group Inc | 2024-09-30 | 2.3 M | |
| Morgan Stanley - Brokerage Accounts | 2024-06-30 | 1.8 M |
AXT Historical Income Statement
AXT Stock Against Markets
AXT Corporate Executives
Elected by the shareholders, the AXT's board of directors comprises two types of representatives: AXT inside directors who are chosen from within the company, and outside directors, selected externally and held independent of AXT. The board's role is to monitor AXT's management team and ensure that shareholders' interests are well served. AXT's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, AXT's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Gary Fischer | CFO, VP and Corporate Secretary | Profile |
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The danger of trading AXT Inc is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of AXT is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than AXT. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile AXT Inc is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether AXT Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of AXT's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Axt Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Axt Inc Stock: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AXT Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Is Semiconductors & Semiconductor Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of AXT. If investors know AXT will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about AXT listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.57) | Earnings Share (0.23) | Revenue Per Share 2.201 | Quarterly Revenue Growth 0.362 | Return On Assets (0.02) |
The market value of AXT Inc is measured differently than its book value, which is the value of AXT that is recorded on the company's balance sheet. Investors also form their own opinion of AXT's value that differs from its market value or its book value, called intrinsic value, which is AXT's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because AXT's market value can be influenced by many factors that don't directly affect AXT's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between AXT's value and its price as these two are different measures arrived at by different means. Investors typically determine if AXT is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AXT's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.