AXT Inc (NASDAQ:AXTI) is set to issue its quarterly earnings data after the market closes on Wednesday, July 26th. Analysts expect the company to announce earnings of $0.05 per share for the quarter.

AXT (NASDAQ:AXTI) last issued its quarterly earnings results on Wednesday, April 26th. The semiconductor company reported $0.02 EPS for the quarter, topping the Zacks’ consensus estimate of $0.01 by $0.01. AXT had a return on equity of 4.37% and a net margin of 7.52%. The company had revenue of $20.60 million for the quarter, compared to analysts’ expectations of $18.45 million. The company’s revenue was up 10.2% compared to the same quarter last year. On average, analysts expect AXT to post $0.19 EPS for the current fiscal year and $0.31 EPS for the next fiscal year.

AXT Inc (NASDAQ:AXTI) opened at 7.40 on Monday. The company has a 50 day moving average price of $6.67 and a 200-day moving average price of $6.42. AXT Inc has a 12 month low of $3.36 and a 12 month high of $8.65. The company has a market cap of $283.09 million, a PE ratio of 39.78 and a beta of 1.01.

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In other AXT news, VP Robert G. Ochrym sold 7,500 shares of AXT stock in a transaction on Tuesday, May 23rd. The stock was sold at an average price of $6.93, for a total value of $51,975.00. Following the completion of the sale, the vice president now owns 39,000 shares of the company’s stock, valued at approximately $270,270. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Leonard J. Leblanc sold 5,000 shares of AXT stock in a transaction on Tuesday, May 16th. The stock was sold at an average price of $7.27, for a total value of $36,350.00. Following the completion of the sale, the director now directly owns 149,134 shares of the company’s stock, valued at approximately $1,084,204.18. The disclosure for this sale can be found here. 6.90% of the stock is owned by company insiders.

A number of equities analysts have weighed in on AXTI shares. Zacks Investment Research lowered AXT from a “hold” rating to a “sell” rating in a research note on Thursday, April 27th. B. Riley upgraded AXT from a “neutral” rating to a “buy” rating in a report on Monday, March 27th. BWS Financial assumed coverage on AXT in a report on Tuesday, April 11th. They set a “buy” rating and a $10.00 target price for the company. Needham & Company LLC increased their target price on AXT from $8.50 to $9.00 and gave the company a “buy” rating in a report on Thursday, April 27th. Finally, Dougherty & Co restated a “buy” rating on shares of AXT in a report on Saturday, June 17th. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average target price of $8.13.

AXT Company Profile

AXT, Inc (AXT) is a developer and producer of compound and single element semiconductor substrates, also known as wafers. The dominant substrates used in producing semiconductor chips and other electronic circuits are made from silicon. The Company is engaged in the design, development, manufacture and distribution of compound semiconductor substrates and sale of materials.

Earnings History for AXT (NASDAQ:AXTI)

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