In last trading session, AXT Inc (NASDAQ:AXTI) saw 0.46 million shares changing hands with its beta currently measuring 2.27. Company’s recent per share price level of $1.80 trading at $0.2 or 12.50% at ring of the bell on the day assigns it a market valuation of $80.55M. That closing price of AXTI’s stock is at a discount of -213.33% from its 52-week high price of $5.64 and is indicating a premium of 28.33% from its 52-week low price of $1.29. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.54 million shares which gives us an average trading volume of 633.42K if we extend that period to 3-months.
For AXT Inc (AXTI), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.00. Splitting up the data highlights that, out of 4 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 4 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.14 in the current quarter.
AXT Inc (NASDAQ:AXTI) trade information
Upright in the green during last session for gaining 12.50%, in the last five days AXTI remained trading in the green while hitting it’s week-highest on Friday, 03/14/25 when the stock touched $1.80 price level, adding 0.55% to its value on the day. AXT Inc’s shares saw a change of -17.05% in year-to-date performance and have moved 11.11% in past 5-day. AXT Inc (NASDAQ:AXTI) showed a performance of -12.20% in past 30-days. Number of shares sold short was 1.0 million shares which calculate 0.92 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 5.25 to the stock, which implies a rise of 65.71% to its current value. Analysts have been projecting 5 as a low price target for the stock while placing it at a high target of 6. It follows that stock’s current price would drop -177.78% in reaching the projected high whereas dropping to the targeted low would mean a loss of -177.78% for stock’s current value.
AXT Inc (AXTI) estimates and forecasts
This year revenue growth is estimated to rise 5.40% from the last financial year’s standing.
5 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 18.98M for the same. And 5 analysts are in estimates of company making revenue of 25.87M in the next quarter. Company posted 22.69M and 27.92M of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -30.82% during past 5 years.
AXT Inc (NASDAQ:AXTI)’s Major holders
Insiders are in possession of 7.93% of company’s total shares while institution are holding 46.43 percent of that, with stock having share float percentage of 50.43%. Investors also watch the number of corporate investors in a company very closely, which is 46.43% institutions for AXT Inc that are currently holding shares of the company. VANGUARD GROUP INC is the top institutional holder at AXTI for having 2.3 million shares of worth $7.76 million. And as of 2024-06-30, it was holding 5.3416 of the company’s outstanding shares.
The second largest institutional holder is NEEDHAM INVESTMENT MANAGEMENT LLC, which was holding about 1.54 million shares on 2024-06-30. The number of shares represents firm’s hold over 3.5762 of outstanding shares, having a total worth of $5.21 million.
On the other hand, Vanguard Total Stock Market Index Fund and Needham Small Cap Growth Fund are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 1.6 shares of worth $2.88 million or 3.57% of the total outstanding shares. The later fund manager was in possession of 1.1 shares on Dec 31, 2024 , making its stake of worth around $1.98 million in the company or a holder of 2.46% of company’s stock.
