NASDAQ:AKTS Akoustis Technologies (AKTS) Stock Price, News & Analysis → Biden replacement revealed? (From Paradigm Press) (Ad) Free AKTS Stock Alerts $0.56 -0.05 (-8.26%) (As of 04/24/2024 ET) Add Compare Share Share Today's Range$0.56▼$0.5950-Day Range$0.49▼$0.7952-Week Range$0.45▼$3.57Volume332,084 shsAverage Volume828,244 shsMarket Capitalization$54.77 millionP/E RatioN/ADividend YieldN/APrice Target$1.92 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Akoustis Technologies alerts: Email Address Akoustis Technologies MarketRank™ Stock AnalysisAnalyst RatingHold2.33 Rating ScoreUpside/Downside245.0% Upside$1.92 Price TargetShort InterestBearish9.57% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.00Based on 2 Articles This WeekInsider TradingAcquiring Shares$750,000 Bought Last QuarterProj. Earnings GrowthGrowingFrom ($0.68) to ($0.35) Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.0.74 out of 5 starsComputer And Technology Sector536th out of 586 stocksTelephone & Telegraph Apparatus Industry10th out of 10 stocks 3.2 Analyst's Opinion Consensus RatingAkoustis Technologies has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.Amount of Analyst CoverageAkoustis Technologies has received no research coverage in the past 90 days. Previous Next 0.0 Short Interest Percentage of Shares Shorted9.57% of the outstanding shares of Akoustis Technologies have been sold short.Short Interest Ratio / Days to CoverAkoustis Technologies has a short interest ratio ("days to cover") of 10.4, which indicates bearish sentiment.Change versus previous monthShort interest in Akoustis Technologies has recently increased by 9.64%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldAkoustis Technologies does not currently pay a dividend.Dividend GrowthAkoustis Technologies does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for AKTS. Previous Next 0.0 News and Social Media Coverage News Coverage This WeekMarketBeat has tracked 2 news articles for Akoustis Technologies this week, compared to 1 article on an average week.Search InterestOnly 1 people have searched for AKTS on MarketBeat in the last 30 days. This is a decrease of -88% compared to the previous 30 days.MarketBeat FollowsOnly 8 people have added Akoustis Technologies to their MarketBeat watchlist in the last 30 days. This is a decrease of -47% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Akoustis Technologies insiders have bought more of their company's stock than they have sold. Specifically, they have bought $750,000.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 5.60% of the stock of Akoustis Technologies is held by insiders.Percentage Held by InstitutionsOnly 28.84% of the stock of Akoustis Technologies is held by institutions. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Akoustis Technologies are expected to grow in the coming year, from ($0.68) to ($0.35) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Akoustis Technologies is -0.57, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Akoustis Technologies is -0.57, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioAkoustis Technologies has a P/B Ratio of 0.46. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad WealthPress$25,000 into $109,616 in two months? Today I want to show you how our research shows you could’ve grown a $25,000 account into $109,616.12 within the last TWO months. You see, former multi-million dollar hedge fund manager Roger Scott spent the better half of 2023 developing what might be the most advanced trading tool that exists… It’s a revolutionary software system that tracks the moves of institutional investors…. in real time…Go here to watch the most recent trading workshop video at no charge. About Akoustis Technologies Stock (NASDAQ:AKTS)Akoustis Technologies, Inc., through its subsidiary, Akoustis, Inc., designs, develops, manufactures, and sells radio frequency (RF) filter products for the mobile wireless device industry in the United States, Asia, Europe, and internationally. It operates through Foundry Fabrication Services and RF Filters segments. The Foundry Fabrication Services segment provides engineering review and backend packaging services. Its RF Filters segment sells amplifier and filter products. It offers RF filters for mobile wireless devices, such as smartphones and tablets, cellular infrastructure equipment, Wi-Fi customer premise equipment, and military and defense applications. The company was founded in 2013 and is headquartered in Huntersville, North Carolina.Read More AKTS Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart AKTS Stock News HeadlinesApril 25, 2024 | americanbankingnews.comQ3 2024 EPS Estimates for Akoustis Technologies, Inc. (NASDAQ:AKTS) Boosted by B. 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This overlooked income source can be yours today.April 11, 2024 | investorplace.com7 Penny Stocks if You Believe Lady Luck's on Your SideApril 8, 2024 | globenewswire.comAkoustis Secures Design Win and Volume Orders for Wi-Fi 7 Solution with Tier-1 Enterprise Class OEMApril 3, 2024 | globenewswire.comAkoustis Introduces Two New 2.4 GHz BAW RF Filters for Wi-Fi Automotive and Access Point ApplicationsMarch 11, 2024 | globenewswire.comAkoustis to Attend the 36th Annual Roth Conference on March 17-19, 2024March 6, 2024 | investorplace.com7 of the Best Speculative Stocks You Can Snag for Less Than $1April 25, 2024 | Schaeffer’s Research (Ad)Just Released: Insider's Secret to Trading OptionsThis Surprisingly Simple Formula Can Double Your Money Collecting Consistent Profits From The Stock Market Is More Accessible Than You Think A small group of individuals are using a legitimate yet rarely discussed strategy to generate income from the stock market. They're NOT day traders. And they're NOT Wall Street suits either. I'm talking about normal "working stiffs" and retirees generating steady income from a source that 99% of investors completely overlook. This overlooked income source can be yours today.February 15, 2024 | finance.yahoo.comAkoustis to Attend GOMACTech 2024 in Charleston from March 19-20February 15, 2024 | globenewswire.comAkoustis to Attend GOMACTech 2024 in Charleston from March 19-20February 13, 2024 | finanznachrichten.deAkoustis, Inc.: Akoustis Reports Second Quarter FY24 ResultsFebruary 13, 2024 | finance.yahoo.comAkoustis Reports Second Quarter FY24 ResultsFebruary 12, 2024 | msn.comAkoustis Technologies Q2 2024 Earnings PreviewFebruary 12, 2024 | benzinga.comA Preview Of Akoustis Technologies's EarningsFebruary 12, 2024 | msn.comAkoustis receives Wi-Fi 7 design win from tier-1 U.S.-based carrierFebruary 8, 2024 | finance.yahoo.comAkoustis Achieves Wi-Fi 7 Design Win and Volume Orders for Two New Programs from Current Tier-1 Enterprise Wi-Fi AP Solutions ProviderFebruary 6, 2024 | finance.yahoo.comAkoustis to Webcast Q2FY24 Results on February 13 at 8:00 am ETFebruary 2, 2024 | morningstar.comAkoustis Technologies Inc AKTSFebruary 2, 2024 | finance.yahoo.comAkoustis Technologies Founder Acquires 144% More StockFebruary 2, 2024 | finance.yahoo.comAkoustis Technologies Insiders Placed Bullish Bets Worth US$750.0kJanuary 29, 2024 | finance.yahoo.comAkoustis Announces Closing of Public Offering of Common Stock and Full Exercise of Underwriter’s Option to Purchase Additional SharesJanuary 29, 2024 | msn.comAkoustis secures wBMS Design Win with Tier-1 automotive product supplierJanuary 25, 2024 | marketwatch.comAkoustis Technologies Shares Dive 32% on 20M-Share OfferingJanuary 25, 2024 | markets.businessinsider.comAkoustis Technologies Prices Offering Of 20 Mln Shares At $0.50 Per ShareJanuary 25, 2024 | msn.comWhy Akoustis Technologies (AKTS) Stock Is NosedivingJanuary 25, 2024 | finance.yahoo.comAkoustis Announces Pricing of Public Offering of $10.0 Million of Common StockSee More Headlines Receive AKTS Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Akoustis Technologies and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/13/2024Today4/24/2024Next Earnings (Estimated)5/13/2024Fiscal Year End6/30/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorComputer and Technology Industry Telephone & telegraph apparatus Sub-IndustryN/A Current SymbolNASDAQ:AKTS CUSIPN/A CIK1584754 Webwww.akoustis.com Phone(704) 997-5735FaxN/AEmployees222Year FoundedN/APrice Target and Rating Average Stock Price Target$1.92 High Stock Price Target$3.00 Low Stock Price Target$1.00 Potential Upside/Downside+245.0%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)($0.97) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-63,560,000.00 Net Margins-232.77% Pretax Margin-240.81% Return on Equity-80.80% Return on Assets-45.66% Debt Debt-to-Equity Ratio0.80 Current Ratio1.82 Quick Ratio1.44 Sales & Book Value Annual Sales$29.71 million Price / Sales1.84 Cash FlowN/A Price / Cash FlowN/A Book Value$1.20 per share Price / Book0.46Miscellaneous Outstanding Shares98,603,000Free Float93,081,000Market Cap$54.77 million OptionableOptionable Beta1.71 7 Energy Stocks to Buy and Hold ForeverDo you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.Get This Free Report Key ExecutivesMr. Jeffrey B. Shealy (Age 55)Founder, President, CEO & Director Comp: $719.24kMr. Kenneth E. Boller (Age 53)CFO & Corporate Controller Comp: $321.59kMr. David M. Aichele (Age 58)Executive Vice President of Business Development Comp: $348.52kMr. Andrew WrightGeneral Counsel & Corporate SecretaryMs. Mary WintersExecutive VP of Fab & Corporate OperationsMr. Kamran CheemaChief Product OfficerMore ExecutivesKey CompetitorsDZSNASDAQ:DZSIFranklin WirelessNASDAQ:FKWLClearOneNASDAQ:CLROSonim TechnologiesNASDAQ:SONMMobix LabsNASDAQ:MOBXView All CompetitorsInsiders & InstitutionsTaylor Frigon Capital Management LLCBought 2,525,823 shares on 4/19/2024Ownership: 3.406%West Tower Group LLCBought 134,011 shares on 2/15/2024Ownership: 0.923%Senvest Management LLCSold 1,606,015 shares on 2/12/2024Ownership: 2.298%Marathon Capital ManagementBought 18,500 shares on 2/8/2024Ownership: 0.037%Simplex Trading LLCSold 4,000 shares on 2/2/2024Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions AKTS Stock Analysis - Frequently Asked Questions Should I buy or sell Akoustis Technologies stock right now? 3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Akoustis Technologies in the last twelve months. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" AKTS shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in AKTS, but not buy additional shares or sell existing shares. View AKTS analyst ratings or view top-rated stocks. What is Akoustis Technologies' stock price target for 2024? 3 brokerages have issued 12-month price targets for Akoustis Technologies' shares. Their AKTS share price targets range from $1.00 to $3.00. On average, they predict the company's share price to reach $1.92 in the next year. This suggests a possible upside of 245.0% from the stock's current price. View analysts price targets for AKTS or view top-rated stocks among Wall Street analysts. How have AKTS shares performed in 2024? Akoustis Technologies' stock was trading at $0.8340 at the beginning of 2024. Since then, AKTS stock has decreased by 33.4% and is now trading at $0.5555. View the best growth stocks for 2024 here. When is Akoustis Technologies' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, May 13th 2024. View our AKTS earnings forecast. How were Akoustis Technologies' earnings last quarter? Akoustis Technologies, Inc. (NASDAQ:AKTS) announced its quarterly earnings data on Tuesday, February, 13th. The technology company reported ($0.19) earnings per share for the quarter, missing the consensus estimate of ($0.18) by $0.01. The technology company earned $7.02 million during the quarter, compared to analyst estimates of $6.99 million. Akoustis Technologies had a negative trailing twelve-month return on equity of 80.80% and a negative net margin of 232.77%. During the same period last year, the business earned ($0.19) earnings per share. What guidance has Akoustis Technologies issued on next quarter's earnings? Akoustis Technologies issued an update on its third quarter 2024 earnings guidance on Wednesday, February, 14th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $8.7 million-$9.2 million, compared to the consensus revenue estimate of $8.5 million. What other stocks do shareholders of Akoustis Technologies own? Based on aggregate information from My MarketBeat watchlists, some companies that other Akoustis Technologies investors own include Inseego (INSG), NVIDIA (NVDA), Block (SQ), Editas Medicine (EDIT), Marvell Technology (MRVL), Alibaba Group (BABA), Invitae (NVTA), Advanced Micro Devices (AMD), CRISPR Therapeutics (CRSP) and JD.com (JD). Who are Akoustis Technologies' major shareholders? Akoustis Technologies' stock is owned by many different retail and institutional investors. Top institutional investors include Taylor Frigon Capital Management LLC (3.41%). Insiders that own company stock include Arthur Geiss, David Aichele, James Michael Mcguire, Jeffrey B Shealy, Kenneth Boller, Rohan Houlden, Steven Denbaars and Suzanne B Rudy. View institutional ownership trends. How do I buy shares of Akoustis Technologies? Shares of AKTS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. 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