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The closing price of AXT Inc (NASDAQ: AXTI) was $2.26 for the day, down -11.02% from the previous closing price of $2.54. In other words, the price has decreased by -$11.02 from its previous closing price. On the day, 1.36 million shares were traded. AXTI stock price reached its highest trading level at $2.35 during the session, while it also had its lowest trading level at $2.14.
Ratios:
Our analysis of AXTI’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.92 and its Current Ratio is at 1.99. In the meantime, Its Debt-to-Equity ratio is 0.30 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 103064360 and an Enterprise Value of 187797088. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.07 while its Price-to-Book (P/B) ratio in mrq is 0.57. Its current Enterprise Value per Revenue stands at 1.956 whereas that against EBITDA is -14.763.
Stock Price History:
The Beta on a monthly basis for AXTI is 2.10, which has changed by -0.39733332 over the last 52 weeks, in comparison to a change of 0.11844492 over the same period for the S&P500. Over the past 52 weeks, AXTI has reached a high of $4.03, while it has fallen to a 52-week low of $1.13. The 50-Day Moving Average of the stock is 29.54%, while the 200-Day Moving Average is calculated to be 16.66%.
Shares Statistics:
AXTI traded an average of 420.71K shares per day over the past three months and 519030 shares per day over the past ten days. A total of 45.60M shares are outstanding, with a floating share count of 41.80M. Insiders hold about 8.33% of the company’s shares, while institutions hold 31.68% stake in the company. Shares short for AXTI as of 1749772800 were 568501 with a Short Ratio of 1.35, compared to 1747267200 on 884968. Therefore, it implies a Short% of Shares Outstanding of 568501 and a Short% of Float of 1.34000005.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
AXT Inc (AXTI) is currently under the scrutiny of 5.0 analysts, each contributing to the ongoing evaluation of its stock.The consensus estimate for the next quarter is -$0.1, with high estimates of -$0.05 and low estimates of -$0.12.
Analysts are recommending an EPS of between -$0.32 and -$0.53 for the fiscal current year, implying an average EPS of -$0.48. EPS for the following year is -$0.02, with 4.0 analysts recommending between $0.34 and -$0.19.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 5 analysts. It ranges from a high estimate of $21M to a low estimate of $20.5M. As of the current estimate, AXT Inc’s year-ago sales were $27.92MFor the next quarter, 5 analysts are estimating revenue of $24.83M. There is a high estimate of $26.7M for the next quarter, whereas the lowest estimate is $22.5M.
A total of 5 analysts have provided revenue estimates for AXTI’s current fiscal year. The highest revenue estimate was $99M, while the lowest revenue estimate was $86.9M, resulting in an average revenue estimate of $92.37M. In the same quarter a year ago, actual revenue was $99.36MBased on 4 analysts’ estimates, the company’s revenue will be $117.5M in the next fiscal year. The high estimate is $132M and the low estimate is $110M.
