Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
In the latest session, AXT Inc (NASDAQ: AXTI) closed at $3.96 up 0.51% from its previous closing price of $3.94. In other words, the price has increased by $0.51 from its previous closing price. On the day, 0.71 million shares were traded. AXTI stock price reached its highest trading level at $4.19 during the session, while it also had its lowest trading level at $3.945.
Ratios:
For a deeper understanding of AXT Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.82 and its Current Ratio is at 1.82. In the meantime, Its Debt-to-Equity ratio is 0.32 whereas as Long-Term Debt/Eq ratio is at 0.01.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of. The Stock’s future direction. In the most recent recommendation for the company, Craig Hallum on February 23, 2024, Upgraded its rating to Buy and sets its target price to $3.75 from $2.25 previously.
On February 23, 2024, B. Riley Securities Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $2.40 to $3.80. Craig Hallum Downgraded its Buy to Hold on February 17, 2023, whereas the target price for. The Stock was revised from $7 to $5.50.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Feb 25 ’25 when YOUNG MORRIS S bought 30,000 shares for $1.36 per share. The transaction valued at 40,929 led to the insider holds 2,449,490 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AXTI now has a Market Capitalization of 182654752 and an Enterprise Value of 275717216. For. The Stock, the TTM Price-to-Sale (P/S) ratio is 2.12 while its Price-to-Book (P/B) ratio in mrq is 1.04. Its current Enterprise Value per Revenue stands at 3.203 whereas that against EBITDA is -15.693.
Stock Price History:
The Beta on a monthly basis for AXTI is 2.20, which has changed by 0.8857143 over the last 52 weeks, in comparison to a change of 0.16298151 over the same period for the S&P500. Over the past 52 weeks, AXTI has reached a high of $4.19, while it has fallen to a 52-week low of $1.13. The 50-Day Moving Average of. The Stock is 50.39%, while the 200-Day Moving Average is calculated to be 95.84%.
Shares Statistics:
For the past three months, AXTI has traded an average of 591.85K shares per day and 1135350 over the past ten days. A total of 46.08M shares are outstanding, with a floating share count of 42.15M. Insiders hold about 8.61% of the company’s shares, while institutions hold 31.37% stake in the company. Shares short for AXTI as of 1756425600 were 640858 with a Short Ratio of 1.08, compared to 1753920000 on 611435. Therefore, it implies a Short% of Shares Outstanding of 640858 and a Short% of Float of 1.49.
Earnings Estimates
The current market rating for AXT Inc (AXTI) reflects the collective analysis of 5.0 analysts closely monitoring its performance.The consensus estimate for the next quarter is -$0.1, with high estimates of -$0.06 and low estimates of -$0.13.
Analysts are recommending an EPS of between -$0.51 and -$0.6 for the fiscal current year, implying an average EPS of -$0.56. EPS for the following year is -$0.26, with 5.0 analysts recommending between $0.13 and -$0.4.
Revenue Estimates
A total of 5 analysts believe the company’s revenue will be $19.84M this quarter.It ranges from a high estimate of $20.2M to a low estimate of $19.5M. As of the current estimate, AXT Inc’s year-ago sales were $23.64MFor the next quarter, 5 analysts are estimating revenue of $21.96M. There is a high estimate of $25.1M for the next quarter, whereas the lowest estimate is $20M.
A total of 5 analysts have provided revenue estimates for AXTI’s current fiscal year. The highest revenue estimate was $82.4M, while the lowest revenue estimate was $76.8M, resulting in an average revenue estimate of $79.13M. In the same quarter a year ago, actual revenue was $99.36MBased on 5 analysts’ estimates, the company’s revenue will be $102.26M in the next fiscal year. The high estimate is $123.3M and the low estimate is $95.1M.
