Shares of Aixtron AG (NASDAQ:AIXG) have been given a consensus recommendation of “Hold” by the fourteen research firms that are presently covering the stock. Three analysts have rated the stock with a sell rating, eight have assigned a hold rating and three have given a buy rating to the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is $7.00.
Several equities research analysts recently issued reports on the stock. DZ Bank AG reaffirmed a “sell” rating on shares of Aixtron AG in a research note on Friday, August 12th. Zacks Investment Research raised shares of Aixtron AG from a “sell” rating to a “hold” rating in a research note on Tuesday, June 28th.
A hedge fund recently bought a new stake in Aixtron AG stock. Granite Point Capital Management L.P. acquired a new stake in Aixtron AG (NASDAQ:AIXG) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 250,000 shares of the company’s stock, valued at approximately $1,516,000. Aixtron AG accounts for approximately 0.7% of Granite Point Capital Management L.P.’s portfolio, making the stock its 23rd largest position. Granite Point Capital Management L.P. owned about 0.22% of Aixtron AG as of its most recent filing with the SEC. Institutional investors and hedge funds own 0.87% of the company’s stock.
Aixtron AG (NASDAQ:AIXG) opened at 6.07 on Tuesday. The company’s market cap is $677.40 million. The firm has a 50-day moving average of $6.14 and a 200-day moving average of $5.64. Aixtron AG has a one year low of $3.25 and a one year high of $8.05.
Aixtron AG (NASDAQ:AIXG) last released its quarterly earnings data on Thursday, August 11th. The company reported ($0.10) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.11) by $0.01. Aixtron AG had a negative net margin of 16.42% and a negative return on equity of 7.35%. On average, analysts predict that Aixtron AG will post ($0.29) EPS for the current year.
About Aixtron AG
Aixtron SE is a provider of deposition equipment to the semiconductor and compound-semiconductor industry. The Company’s technology solutions are used by a diverse range of customers to build advanced components for electronic and opto-electronic applications based on compound, silicon, or organic semiconductor materials.
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