$0.05 EPS Expected for AXT Inc (AXTI)

July 17, 2017 - By Marie Mckinney

 $0.05 EPS Expected for AXT Inc (AXTI)
Investors sentiment decreased to 1.9 in Q4 2016. Its down 0.35, from 2.25 in 2016Q3. It turned negative, as 4 investors sold AXT Inc shares while 17 reduced holdings. 17 funds opened positions while 23 raised stakes. 15.02 million shares or 2.15% more from 14.71 million shares in 2016Q3 were reported.
Savings Bank Of Mellon holds 0% of its portfolio in AXT Inc (NASDAQ:AXTI) for 35,885 shares. Sweden-based Nordea Inv Mngmt has invested 0% in AXT Inc (NASDAQ:AXTI). The Pennsylvania-based Vanguard Grp Inc Inc has invested 0% in AXT Inc (NASDAQ:AXTI). Us Commercial Bank De has 100 shares. Moreover, Ancora Advsrs Ltd has 0.1% invested in AXT Inc (NASDAQ:AXTI) for 275,900 shares. Moreover, Tfs Cap Ltd Liability Com has 0.05% invested in AXT Inc (NASDAQ:AXTI). Princeton has 1.26% invested in AXT Inc (NASDAQ:AXTI). Jpmorgan Chase And reported 48,556 shares stake. Acadian Asset Limited Com owns 52,729 shares. Thompson Siegel & Walmsley accumulated 5,400 shares or 0% of the stock. Pacific Ridge Prns Limited Com stated it has 1% in AXT Inc (NASDAQ:AXTI). Parallax Volatility Advisers Limited Partnership accumulated 0% or 3,124 shares. Franklin Resources Inc holds 52,881 shares or 0% of its portfolio. Deutsche Comml Bank Ag invested in 0% or 134,141 shares. Boothbay Fund Management Ltd Limited Liability Company owns 20,351 shares.

Since May 16, 2017, it had 0 insider purchases, and 2 insider sales for $88,325 activity. Ochrym Robert G sold 7,500 shares worth $51,975.

Analysts expect AXT Inc (NASDAQ:AXTI) to report $0.05 EPS on July, 26.They anticipate $0.02 EPS change or 66.67 % from last quarter’s $0.03 EPS. AXTI’s profit would be $1.90M giving it 35.25 P/E if the $0.05 EPS is correct. After having $0.02 EPS previously, AXT Inc’s analysts see 150.00 % EPS growth. The stock decreased 2.08% or $0.15 during the last trading session, reaching $7.05. About 229,792 shares traded. AXT Inc (NASDAQ:AXTI) has risen 115.17% since July 18, 2016 and is uptrending. It has outperformed by 98.47% the S&P500.

AXT Inc (NASDAQ:AXTI) Ratings Coverage

Among 6 analysts covering AXT Inc (NASDAQ:AXTI), 5 have Buy rating, 0 Sell and 1 Hold. Therefore 83% are positive. AXT Inc had 8 analyst reports since December 9, 2015 according to SRatingsIntel. Needham maintained AXT Inc (NASDAQ:AXTI) rating on Thursday, October 27. Needham has “Buy” rating and $6.50 target. B. Riley & Co upgraded the shares of AXTI in report on Wednesday, December 9 to “Buy” rating. Dougherty maintained AXT Inc (NASDAQ:AXTI) on Friday, June 16 with “Buy” rating. As per Tuesday, May 3, the company rating was upgraded by Craig Hallum. The stock of AXT Inc (NASDAQ:AXTI) has “Buy” rating given on Thursday, February 23 by Needham. The stock of AXT Inc (NASDAQ:AXTI) has “Buy” rating given on Monday, February 13 by Dougherty & Company. The firm earned “Neutral” rating on Friday, March 17 by B. Riley & Co.

AXT, Inc. is a developer and producer of compound and single element semiconductor substrates, also known as wafers. The company has market cap of $268.27 million. The dominant substrates used in producing semiconductor chips and other electronic circuits are made from silicon. It has a 38.78 P/E ratio. The Firm is engaged in the design, development, manufacture and distribution of compound semiconductor substrates and sale of materials.

More notable recent AXT Inc (NASDAQ:AXTI) news were published by: Fool.com which released: “Why Shares of AXT Inc. Slumped on Thursday” on March 02, 2017, also Nasdaq.com with their article: “AXT, Inc. Schedules Second Quarter 2017 Earnings Release for July 26, 2017” published on July 10, 2017, Globenewswire.com published: “AXT, Inc. Announces Third Quarter 2016 Financial Results” on October 26, 2016. More interesting news about AXT Inc (NASDAQ:AXTI) were released by: Fool.com and their article: “Why Shares of AXT Inc. Moved Higher Today” published on February 23, 2017 as well as Globenewswire.com‘s news article titled: “AXT, Inc. Resumes Substrate Production at Its Beijing Manufacturing Facility” with publication date: March 20, 2017.

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