Akoustis Technologies, Inc., through its subsidiary, Akoustis, Inc., develops, designs, manufactures, and sells radio frequency (RF) filter products for the mobile wireless device industries in the United States. The company operates through two segments, Foundry Fabrication Services and RF Filters. The Foundry Fabrication Services segment provides engineering review services; and smart systems technology and commercialization center foundry, as well as manufacturing and microelectromechanical systems foundry services. The RF Filters segment consists of amplifier and filter products. It offers RF filters for mobile wireless devices, such as smartphones and tablets, cellular infrastructure equipment, and Wi-Fi premise equipment. The company was founded in 2014 and is headquartered in Huntersville, North Carolina.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Telephone & telegraph apparatus
Sub-IndustryN/A
SectorComputer and Technology
Current SymbolNASDAQ:AKTS
Previous Symbol
CUSIPN/A
Phone704-997-5735
Debt
Debt-to-Equity Ratio1.30
Current Ratio4.81
Quick Ratio4.79
Price-To-Earnings
Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual Sales$1.20 million
Price / Sales133.13
Cash FlowN/A
Price / Cash FlowN/A
Book Value$0.62 per share
Price / Book8.69
Profitability
EPS (Most Recent Fiscal Year)N/A
Net Income$-21,730,000.00
Net Margins-2,005.01%
Return on Equity-163.65%
Return on Assets-98.89%
Miscellaneous
Employees75
Outstanding Shares29,640,000
Market Cap$158.59 million
OptionableNot Optionable
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) issued its quarterly earnings results on Tuesday, November, 14th. The technology company reported ($0.24) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of ($0.13) by $0.11. The technology company earned $0.30 million during the quarter, compared to analyst estimates of $0.70 million. Akoustis Technologies had a negative return on equity of 163.65% and a negative net margin of 2,005.01%. View Akoustis Technologies' Earnings History.
When is Akoustis Technologies' next earnings date?
What price target have analysts set for AKTS?
7 brokerages have issued 1-year price targets for Akoustis Technologies' shares. Their forecasts range from $10.00 to $15.00. On average, they expect Akoustis Technologies' stock price to reach $11.2143 in the next year. This suggests a possible upside of 108.4% from the stock's current price. View Analyst Price Targets for Akoustis Technologies.
What is the consensus analysts' recommendation for Akoustis Technologies?
7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Akoustis Technologies in the last year. There are currently 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Akoustis Technologies.
Has Akoustis Technologies been receiving favorable news coverage?
Media headlines about AKTS stock have trended somewhat positive recently, according to InfoTrie Sentiment. The research firm ranks the sentiment of media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Akoustis Technologies earned a media sentiment score of 1.5 on InfoTrie's scale. They also assigned press coverage about the technology company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock's share price in the near future.
Are investors shorting Akoustis Technologies?
Akoustis Technologies saw a increase in short interest in the month of November. As of November 15th, there was short interest totalling 1,553,844 shares, an increase of 62.1% from the October 31st total of 958,759 shares. Based on an average daily trading volume, of 775,636 shares, the days-to-cover ratio is presently 2.0 days. Currently, 7.0% of the company's stock are short sold. View Akoustis Technologies' Current Options Chain.
Who are some of Akoustis Technologies' key competitors?
Some companies that are related to Akoustis Technologies include ADTRAN (ADTN), AudioCodes (AUDC), DASAN Zhone Solutions (DZSI), Clearfield (CLFD), Westell Technologies (WSTL), Zoom Telephonics (ZMTP), Franklin Wireless (FKWL), Communications Systems (JCS), AltiGen Communications (ATGN), One Horizon Group (OHGI), Clearone (CLRO), Sunworks (SUNW), MER Telemanagement Solutions (MTSL), Lattice (LTTC) and Alvarion (ALVRQ).
Who are Akoustis Technologies' key executives?
Akoustis Technologies' management team includes the folowing people:
- Mr. Jeffrey B. Shealy, Founder,Pres, CEO & Director (Age 49)
- Mr. David M. Aichele, VP of Bus. Devel. (Age 52)
- Mr. Kenneth Boller, Interim Chief Financial Officer
- Mr. Thomas Andrew Sepenzis, Director of Investor Relations (Age 46)
- Mr. Drew Wright, Gen. Counsel & Corp. Sec.
Who are Akoustis Technologies' major shareholders?
Akoustis Technologies' stock is owned by a variety of of institutional and retail investors. Top institutional investors include CQS Cayman LP (1.40%), Mission Wealth Management LP (1.34%), Benjamin F. Edwards & Company Inc. (0.19%) and Providence Capital Advisors LLC (0.11%). Company insiders that own Akoustis Technologies stock include Arthur Geiss, David Aichele, Jeffrey B Shealy, Jeffrey Mcmahon, Jeffrey Shealy, John T Kurtzweil, Mark Boomgarden, Mark N Tompkins, Steven Denbaars and Suzanne B Rudy. View Institutional Ownership Trends for Akoustis Technologies.
Which institutional investors are selling Akoustis Technologies stock?
AKTS stock was sold by a variety of institutional investors in the last quarter, including Providence Capital Advisors LLC. Company insiders that have sold Akoustis Technologies company stock in the last year include David Aichele, Jeffrey B Shealy, Jeffrey Mcmahon, John T Kurtzweil, Mark N Tompkins, Steven Denbaars and Suzanne B Rudy. View Insider Buying and Selling for Akoustis Technologies.
Which institutional investors are buying Akoustis Technologies stock?
AKTS stock was purchased by a variety of institutional investors in the last quarter, including CQS Cayman LP, Mission Wealth Management LP and Benjamin F. Edwards & Company Inc.. Company insiders that have bought Akoustis Technologies stock in the last two years include Arthur Geiss and Steven Denbaars. View Insider Buying and Selling for Akoustis Technologies.
How do I buy shares of Akoustis Technologies?
Shares of AKTS 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 AKTS stock can currently be purchased for approximately $5.38.
How big of a company is Akoustis Technologies?
Akoustis Technologies has a market capitalization of $158.59 million and generates $1.20 million in revenue each year. Akoustis Technologies employs 75 workers across the globe.
What is Akoustis Technologies' official website?
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 (NASDAQ AKTS)
MarketBeat's community ratings are surveys of what our community members think about Akoustis Technologies and other stocks. Vote "Outperform" if you believe AKTS will outperform the S&P 500 over the long term. Vote "Underperform" if you believe AKTS will underperform the S&P 500 over the long term. You may vote once every thirty days.
