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).
Industry, Sector and Symbol:
- Industry: Mobile Application Software
- Sub-Industry: N/A
- Sector: Computer and Technology
- Symbol: NASDAQ:AKTS
- CUSIP: N/A
- Web: www.akoustis.com
- Current Ratio: 7.42%
- Quick Ratio: 7.29%
Sales & Book Value:
- Annual Sales: $480,000.00
- Price / Sales: 260.28
- Book Value: $0.79 per share
- Price / Book: 8.16
- Net Income: ($9,100,000.00)
- Return on Equity: -118.81%
- Return on Assets: -94.12%
- Outstanding Shares: 19,370,000
Frequently Asked Questions for Akoustis Technologies (NASDAQ:AKTS)
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) announced 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 the consensus estimate of $0.70 million. View Akoustis Technologies' Earnings History.
Who are some of Akoustis Technologies' key competitors?
Some companies that are related to Akoustis Technologies include Geospace Technologies Corporation (GEOS), Pixelworks (PXLW), KVH Industries (KVHI), Iteris (ITI), Immersion Corporation (IMMR), Clearfield (CLFD), Points International (PCOM), Ooma (OOMA), Adesto Technologies Corporation (IOTS), VOXX International Corporation (VOXX), Tintri (TNTR), Leaf Group (LFGR), Vuzix Corporation (VUZI), Marchex (MCHX), ImageWare Systems (IWSY), DASAN Zhone Solutions (DZSI), Attunity (ATTU) and magicJack VocalTec Ltd (CALL).
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 a number of of institutional and retail investors. Top institutional investors include D.A. Davidson & CO. (0.41%), Wells Fargo & Company MN (0.19%) and Commonwealth Equity Services Inc (0.12%). Company insiders that own Akoustis Technologies stock include Jeffrey Shealy, 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?
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 $6.45.
How big of a company is Akoustis Technologies?
Akoustis Technologies has a market capitalization of $102.65 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 (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 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.
Analysts' Consensus Rating for Akoustis Technologies (NASDAQ:AKTS) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||0 Sell Ratings, 0 Hold Ratings, 0 Buy Ratings, 0 Strong Buy RatingsNo ratings tracked in the last 12 months.|
|Consensus Rating:||N/A (Score: NaN)|
|Analysts' Consensus Price Target: ||N/A|
Consensus Price Target History for Akoustis Technologies (NASDAQ:AKTS)
Analysts' Ratings History for Akoustis Technologies (NASDAQ:AKTS)
(Data available from 11/17/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|12/27/2015||Northland Securities||Initiated Coverage||Buy||N/A|
Earnings History and Estimates Chart for Akoustis Technologies (NASDAQ:AKTS)
Earnings History by Quarter for Akoustis Technologies (NASDAQ AKTS)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|11/14/2017||Q1 2018||($0.13)||($0.24)||$0.70 million||$0.30 million||View||N/A|
Earnings Estimates for Akoustis Technologies (NASDAQ:AKTS)
Current Year EPS Consensus Estimate: $-0.34 EPS
Next Year EPS Consensus Estimate: $-0.3 EPS
Dividend History for Akoustis Technologies (NASDAQ:AKTS)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Akoustis Technologies (NASDAQ AKTS)
Insider Ownership Percentage: 26.60%
Institutional Ownership Percentage: 7.40%
Insider Trades by Quarter for Akoustis Technologies (NASDAQ AKTS)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|11/14/2017||Steven Denbaars||Director||Buy||5,454||$5.50||$29,997.00|| |
|9/28/2017||Mark N Tompkins||Major Shareholder||Sell||22,955||$6.84||$157,012.20|| |
|9/21/2017||Mark N Tompkins||Major Shareholder||Sell||25,291||$7.50||$189,682.50|| |
|9/12/2017||Mark N Tompkins||Major Shareholder||Sell||11,676||$6.66||$77,762.16|| |
|9/11/2017||Mark N Tompkins||Major Shareholder||Sell||48,230||$6.83||$329,410.90|| |
|9/7/2017||Mark N Tompkins||Major Shareholder||Sell||15,800||$7.30||$115,340.00|| |
|7/10/2017||Mark N Tompkins||Major Shareholder||Sell||10,000||$8.60||$86,000.00|| |
|6/5/2017||Mark Boomgarden||VP||Sell||67,000||$9.39||$629,130.00|| |
|6/2/2017||Jeffrey Shealy||CEO||Sell||185,861||$8.81||$1,637,435.41|| |
Headline Trends for Akoustis Technologies (NASDAQ:AKTS)
Latest Headlines for Akoustis Technologies (NASDAQ AKTS)
|Pro-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 Manufacturers|
finance.yahoo.com - November 17 at 2:57 PM
|Steven 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 OEM|
finance.yahoo.com - November 16 at 10:57 AM
|AKOUSTIS 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 Equi|
biz.yahoo.com - March 11 at 3:13 PM
|Akoustis: 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 Report|
biz.yahoo.com - November 12 at 6:08 PM
Financials are not available for this stock.
Akoustis Technologies (NASDAQ AKTS) Chart for Friday, November, 17, 2017