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
Industry Telephone & telegraph apparatus
Sub-IndustryN/A
SectorComputer and Technology
Phone704-997-5735
Debt
Current Ratio4.81
Quick Ratio4.79
Price-To-Earnings
Sales & Book Value
Annual Sales$1.20 million
Price / Sales153.01
Price / Cash FlowN/A
Price / Book9.99
Profitability
Net Income$-21,730,000.00
Net Margins-2,005.01%
Return on Assets-98.89%
Miscellaneous
Employees75
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) released its quarterly earnings results on Friday, November, 2nd. The technology company reported ($0.33) earnings per share for the quarter, missing analysts' consensus estimates of ($0.29) by $0.04. The technology company earned $0.31 million during the quarter, compared to the consensus estimate of $0.30 million. Akoustis Technologies had a negative net margin of 2,005.01% and a negative return on equity of 163.65%. View Akoustis Technologies' Earnings History.
When is Akoustis Technologies' next earnings date?
What price target have analysts set for AKTS?
8 brokerages have issued 12 month target prices for Akoustis Technologies' stock. Their predictions range from $8.00 to $15.00. On average, they expect Akoustis Technologies' stock price to reach $10.8125 in the next twelve months. This suggests a possible upside of 74.5% from the stock's current price. View Analyst Price Targets for Akoustis Technologies.
What is the consensus analysts' recommendation for Akoustis Technologies?
8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Akoustis Technologies in the last year. There are currently 8 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?
News coverage about AKTS stock has trended positive recently, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Akoustis Technologies earned a news sentiment score of 2.8 on InfoTrie's scale. They also assigned news stories about the technology company a news buzz of 7.0 out of 10, meaning that recent media coverage is likely to have an effect on the stock's share price in the near future.
Who are some of Akoustis Technologies' key competitors?
Some companies that are related to Akoustis Technologies include Infinera (INFN), ADTRAN (ADTN), AudioCodes (AUDC), DASAN Zhone Solutions (DZSI), Clearfield (CLFD), Westell Technologies (WSTL), Franklin Wireless (FKWL), Zoom Telephonics (ZMTP), Communications Systems (JCS), AltiGen Communications (ATGN), Clearone (CLRO), One Horizon Group (OHGI), Sunworks (SUNW), MER Telemanagement Solutions (MTSL) and Lattice (LTTC).
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.
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 $6.1947.
How big of a company is Akoustis Technologies?
Akoustis Technologies has a market capitalization of $183.78 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.
