Akoustis Technologies Stock Price, News & Analysis (NASDAQ:AKTS)

$6.35 -0.51 (-7.43 %)
(As of 02/23/2018 11:43 AM ET)
Previous Close$6.35
Today's Range$6.33 - $6.95
52-Week Range$4.91 - $14.00
Volume181,800 shs
Average Volume113,969 shs
Market Capitalization$153.12 million
P/E RatioN/A
Dividend YieldN/A
Beta-1.06

About Akoustis Technologies (NASDAQ:AKTS)

Akoustis Technologies, Inc., formerly Danlax, Corp., is a fabless company engaged in developing, designing and manufacturing radio frequency (RF) filter products for the mobile wireless device industry. The Company operates in the telecommunications and fiber optics sector. The Company is focused on commercializing and manufacturing its Bulk ONE acoustic wave technology to address the critical frequency-selectivity requirements in mobile smartphones. The Company plans to use single crystal piezoelectric materials to develop a class of RF filters with a fundamental advantage to reduce losses over existing thin film technologies. The Company's piezoelectric materials contain high-purity Group III element nitride materials and possess a signature, which can be detected by conventional material metrology tools. The Company is focused on the commercialization of bandwidth RF filters operating in the high frequency portion of the RF Front end (RFFE) (called high band).

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Industry, Sector and Symbol

Industry Mobile Application Software
Sub-IndustryN/A
SectorComputer and Technology
SymbolNASDAQ:AKTS
CUSIPN/A
Phone704-997-5735

Debt

Debt-to-Equity RatioN/A
Current Ratio3.96%
Quick Ratio3.94%

Price-To-Earnings

Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$480,000.00
Price / Sales295.28
Cash FlowN/A
Price / CashN/A
Book Value$0.89 per share
Price / Book7.13

Profitability

Trailing EPSN/A
Net Income$-9,100,000.00
Net Margins-1,280.28%
Return on Equity-99.12%
Return on Assets-78.27%

Miscellaneous

EmployeesN/A
Outstanding Shares22,320,000

Akoustis Technologies (NASDAQ:AKTS) Frequently Asked Questions

What is Akoustis Technologies' stock symbol?

Akoustis Technologies trades on the NASDAQ under the ticker symbol "AKTS."

How were Akoustis Technologies' earnings last quarter?

Akoustis Technologies Inc (NASDAQ:AKTS) posted its quarterly earnings results on Tuesday, November, 14th. The technology company reported ($0.24) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.13) by $0.11. The technology company earned $0.30 million during the quarter, compared to analysts' expectations of $0.70 million. Akoustis Technologies had a negative return on equity of 99.12% and a negative net margin of 1,280.28%. View Akoustis Technologies' Earnings History.

Where is Akoustis Technologies' stock going? Where will Akoustis Technologies' stock price be in 2018?

1 Wall Street analysts have issued 1 year price objectives for Akoustis Technologies' shares. Their predictions range from $15.00 to $15.00. On average, they anticipate Akoustis Technologies' share price to reach $15.00 in the next twelve months. View Analyst Ratings for Akoustis Technologies.

Who are some of Akoustis Technologies' key competitors?

Who are Akoustis Technologies' key executives?

Akoustis Technologies' management team includes the folowing people:

  • Arthur E. Geiss, Independence Co-Chairman of the Board
  • Jerry D. Neal, Independent Co-Chairman of the Board
  • Jeffrey B. Shealy, Chief Executive Officer, Director
  • Cindy C. Payne, Vice President - Finance
  • Mark D. Boomgarden, Vice President - Operations
  • Rohan Houlden, Vice President - Engineering
  • , Bio & Compensation - 
  • David M. Aichele, Vice President - Business Development
  • Steven P. Denbaars, Independent Director
  • John T. Kurtzweil, Independent Director
  • Jeffrey K. McMahon, Independent Director

Who owns Akoustis Technologies stock?

Akoustis Technologies' stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (1.79%), Financial Advocates Investment Management (0.71%), D.A. Davidson & CO. (0.42%) and Deutsche Bank AG (0.13%). Company insiders that own Akoustis Technologies stock include David Aichele, Jeffrey B Shealy, Jeffrey Shealy, John T Kurtzweil, Mark Boomgarden, Mark N Tompkins and Steven Denbaars. View Institutional Ownership Trends for Akoustis Technologies.

Who bought Akoustis Technologies stock? Who is buying Akoustis Technologies stock?

Akoustis Technologies' stock was bought by a variety of institutional investors in the last quarter, including Financial Advocates Investment Management, Deutsche Bank AG, BlackRock Inc. and D.A. Davidson & CO.. View Insider Buying and Selling for Akoustis Technologies.

How do I buy Akoustis Technologies stock?

Shares of Akoustis Technologies can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Akoustis Technologies' stock price today?

One share of Akoustis Technologies stock can currently be purchased for approximately $6.35.

How big of a company is Akoustis Technologies?

Akoustis Technologies has a market capitalization of $153.12 million and generates $480,000.00 in revenue each year.

How can I contact Akoustis Technologies?

Akoustis Technologies' mailing address is 9805 NORTHCROSS CENTER COURT SUITE H, HUNTERSVILLE NC, 28078. The technology company can be reached via phone at 704-997-5735 or via email at [email protected]


MarketBeat Community Rating for Akoustis Technologies (AKTS)

Community Ranking:  3.1 out of 5 (star star star)
Outperform Votes:  56 (Vote Outperform)
Underperform Votes:  33 (Vote Underperform)
Total Votes:  89
MarketBeat's community ratings are surveys of what our community members think about Akoustis Technologies and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Akoustis Technologies (NASDAQ:AKTS) Analysts' Consensus Rating

  (How are Consensus Ratings Calculated?)
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: BuyN/AN/AN/A
Consensus Rating Score: 3.00N/AN/AN/A
Ratings Breakdown: 0 Sell Rating(s)
0 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
0 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
0 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
0 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s)
Consensus Price Target: $15.00N/AN/AN/A
Price Target Upside: 159.97% upsideN/AN/AN/A

Akoustis Technologies (NASDAQ:AKTS) Consensus Price Target History

Price Target History for Akoustis Technologies (NASDAQ:AKTS)

Akoustis Technologies (NASDAQ:AKTS) Analyst Ratings History

Show:
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
2/9/2018Drexel HamiltonInitiated CoverageBuy -> Buy$15.00HighView Rating Details
(Data available from 2/23/2016 forward)

Earnings

Akoustis Technologies (NASDAQ:AKTS) Earnings History and Estimates Chart

Earnings by Quarter for Akoustis Technologies (NASDAQ:AKTS)

Akoustis Technologies (NASDAQ AKTS) Earnings History by Quarter

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/14/2017Q1 2018($0.13)($0.24)$0.70 million$0.30 millionViewN/AView Earnings Details
5/15/2017Q3 2017($0.07)($0.12)$0.15 million$0.31 millionViewN/AView Earnings Details
2/14/2017Q2 2017($0.08)($0.21)$0.16 millionViewN/AView Earnings Details
11/14/2016Q1 2017($0.13)ViewN/AView Earnings Details
2/16/2016Q2 2016($0.08)($0.08)ViewN/AView Earnings Details
(Earnings results data provided by Zacks Investment Research)

Estimates

Akoustis Technologies (NASDAQ:AKTS) Earnings Estimates

No earnings estimates for this company have been tracked by MarketBeat.com

Dividends

Dividend History for Akoustis Technologies (NASDAQ:AKTS)


No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Akoustis Technologies (NASDAQ AKTS) Insider Trading and Institutional Ownership History

Insider Ownership Percentage: 26.60%
Institutional Ownership Percentage: 10.18%
Insider Trades by Quarter for Akoustis Technologies (NASDAQ:AKTS)
Institutional Ownership by Quarter for Akoustis Technologies (NASDAQ:AKTS)

Akoustis Technologies (NASDAQ AKTS) Insider Trades by Quarter

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
1/26/2018John T KurtzweilCFOSell2,200$6.16$13,552.00View SEC Filing  
12/28/2017Mark N TompkinsMajor ShareholderSell30,581$6.14$187,767.34View SEC Filing  
12/22/2017Mark N TompkinsMajor ShareholderSell12,500$6.28$78,500.00View SEC Filing  
12/20/2017David AicheleVPSell7,466$6.24$46,587.84View SEC Filing  
12/20/2017Jeffrey B ShealyCEOSell24,863$5.94$147,686.22View SEC Filing  
12/20/2017Mark N TompkinsMajor ShareholderSell24,513$6.26$153,451.38View SEC Filing  
11/14/2017Steven DenbaarsDirectorBuy5,454$5.50$29,997.00View SEC Filing  
9/28/2017Mark N TompkinsMajor ShareholderSell22,955$6.84$157,012.202,251,754View SEC Filing  
9/21/2017Mark N TompkinsMajor ShareholderSell25,291$7.50$189,682.502,290,000View SEC Filing  
9/12/2017Mark N TompkinsMajor ShareholderSell11,676$6.66$77,762.162,301,676View SEC Filing  
9/11/2017Mark N TompkinsMajor ShareholderSell48,230$6.83$329,410.902,349,906View SEC Filing  
9/7/2017Mark N TompkinsMajor ShareholderSell15,800$7.30$115,340.002,374,906View SEC Filing  
7/10/2017Mark N TompkinsMajor ShareholderSell10,000$8.60$86,000.002,375,706View SEC Filing  
6/5/2017Mark BoomgardenVPSell67,000$9.39$629,130.00232,856View SEC Filing  
6/2/2017Jeffrey ShealyCEOSell185,861$8.81$1,637,435.413,300,725View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Akoustis Technologies (NASDAQ AKTS) News Headlines

Source:
DateHeadline
Akoustis Technologies to Attend Mobile World CongressAkoustis Technologies to Attend Mobile World Congress
finance.yahoo.com - February 21 at 9:34 AM
Akoustis Appoints Tom Sepenzis as Director of Investor RelationsAkoustis Appoints Tom Sepenzis as Director of Investor Relations
finance.yahoo.com - February 20 at 9:06 AM
Akoustis Technologies (AKTS) Coverage Initiated by Analysts at Drexel HamiltonAkoustis Technologies (AKTS) Coverage Initiated by Analysts at Drexel Hamilton
www.americanbankingnews.com - February 9 at 2:16 PM
John T. Kurtzweil Sells 2,200 Shares of Akoustis Technologies Inc (AKTS) StockJohn T. Kurtzweil Sells 2,200 Shares of Akoustis Technologies Inc (AKTS) Stock
www.americanbankingnews.com - January 29 at 9:14 PM
Akoustis to Present at the 20th Annual Needham Growth Conference at 5:30 pm ET on January 17thAkoustis to Present at the 20th Annual Needham Growth Conference at 5:30 pm ET on January 17th
finance.yahoo.com - January 19 at 4:15 PM
Akoustis® Readies For 5G By Completing Capital Buildout of Its First BAW RF Filter LineAkoustis® Readies For 5G By Completing Capital Buildout of Its First BAW RF Filter Line
finance.yahoo.com - January 8 at 9:06 AM
Mark N. Tompkins Sells 30,581 Shares of Akoustis Technologies Inc (AKTS) StockMark N. Tompkins Sells 30,581 Shares of Akoustis Technologies Inc (AKTS) Stock
www.americanbankingnews.com - December 29 at 6:30 PM
Mark N. Tompkins Sells 12,500 Shares of Akoustis Technologies Inc (AKTS) StockMark N. Tompkins Sells 12,500 Shares of Akoustis Technologies Inc (AKTS) Stock
www.americanbankingnews.com - December 28 at 5:16 PM
Akoustis Technologies Inc (AKTS) CEO Jeffrey B. Shealy Sells 24,863 SharesAkoustis Technologies Inc (AKTS) CEO Jeffrey B. Shealy Sells 24,863 Shares
www.americanbankingnews.com - December 22 at 5:54 PM
Akoustis Technologies Inc (AKTS) VP Sells $46,587.84 in StockAkoustis Technologies Inc (AKTS) VP Sells $46,587.84 in Stock
www.americanbankingnews.com - December 21 at 5:52 PM
Insider Selling: Akoustis Technologies Inc (AKTS) Major Shareholder Sells 24,513 Shares of StockInsider Selling: Akoustis Technologies Inc (AKTS) Major Shareholder Sells 24,513 Shares of Stock
www.americanbankingnews.com - December 21 at 5:24 PM
Akoustis® Completes $14.5 Million Fixed Price Common Stock OfferingAkoustis® Completes $14.5 Million Fixed Price Common Stock Offering
finance.yahoo.com - December 18 at 11:32 AM
Akoustis® Receives ISO 9001:2015 Quality Certification for Its NY Wafer FabAkoustis® Receives ISO 9001:2015 Quality Certification for Its NY Wafer Fab
finance.yahoo.com - December 6 at 11:23 AM
Akoustis® to Present First Published Single Crystal 5GHz BAW Filter Results at IEDMAkoustis® to Present First Published Single Crystal 5GHz BAW Filter Results at IEDM
finance.yahoo.com - December 4 at 11:15 AM
Pro-Trader Daily: Corporate News Blog - Akoustis Technologies Secures its First Purchase Order from One of the Top Five Smartphone ManufacturersPro-Trader Daily: Corporate News Blog - Akoustis Technologies Secures its First Purchase Order from One of the Top Five Smartphone Manufacturers
www.finanznachrichten.de - November 17 at 2:57 PM
Corporate News Blog - Akoustis Technologies Secures its First Purchase Order from One of the Top Five Smartphone ManufacturersCorporate News Blog - Akoustis Technologies Secures its First Purchase Order from One of the Top Five Smartphone Manufacturers
finance.yahoo.com - November 17 at 2:57 PM
Steven Denbaars Buys 5,454 Shares of Akoustis Technologies, Inc. (AKTS) StockSteven Denbaars Buys 5,454 Shares of Akoustis Technologies, Inc. (AKTS) Stock
www.americanbankingnews.com - November 16 at 9:24 PM
Akoustis® Receives First Purchase Order From A Top-5 Smartphone OEMAkoustis® Receives First Purchase Order From A Top-5 Smartphone OEM
finance.yahoo.com - November 16 at 10:57 AM
AKOUSTIS TECHNOLOGIES, INC. Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and ExhibitsAKOUSTIS TECHNOLOGIES, INC. Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits
biz.yahoo.com - May 23 at 12:37 PM
AKOUSTIS TECHNOLOGIES, INC. Files SEC form 8-K, Entry into a Material Definitive Agreement, Unregistered Sale of EquiAKOUSTIS TECHNOLOGIES, INC. Files SEC form 8-K, Entry into a Material Definitive Agreement, Unregistered Sale of Equi
biz.yahoo.com - March 11 at 3:13 PM
Akoustis: A StartUp Disrupting The BAW RF Filter DuopolyAkoustis: A StartUp Disrupting The BAW RF Filter Duopoly
seekingalpha.com - March 6 at 7:38 AM
AKOUSTIS TECHNOLOGIES, INC. Files SEC form 10-Q, Quarterly ReportAKOUSTIS TECHNOLOGIES, INC. Files SEC form 10-Q, Quarterly Report
biz.yahoo.com - November 12 at 6:08 PM

SEC Filings

Akoustis Technologies (NASDAQ:AKTS) SEC Filings

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Social Media

Financials

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Chart

Akoustis Technologies (NASDAQ AKTS) Stock Chart for Friday, February, 23, 2018

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This page was last updated on 2/23/2018 by MarketBeat.com Staff

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