Akoustis Technologies, Inc. engages in developing, designing, and manufacturing radio frequency (RF) filter products for the mobile wireless device industries. It offers RF filters for mobile wireless devices, such as smartphones and tablets, cellular infrastructure equipment, and WiFi premise equipment. The company focuses on manufacturing and commercializing its patented Bulk ONE acoustic wave technology to address the frequency-selectivity requirements in mobile smartphones, enhancing the efficiency and signal quality of mobile wireless devices and enabling The Internet of Things. Akoustis Technologies, Inc. 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
SymbolNASDAQ:AKTS
CUSIPN/A
Phone704-997-5735
Debt
Debt-to-Equity RatioN/A
Current Ratio3.62
Quick Ratio3.59
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 / Sales414.86
Cash FlowN/A
Price / CashN/A
Book Value$0.79 per share
Price / Book11.35
Profitability
EPS (Most Recent Fiscal Year)N/A
Net Income$-9,100,000.00
Net Margins-1,570.24%
Return on Equity-105.63%
Return on Assets-83.34%
Miscellaneous
EmployeesN/A
Outstanding Shares22,200,000
Market Cap$205.99
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, May, 15th. The technology company reported ($0.22) EPS for the quarter, topping analysts' consensus estimates of ($0.29) by $0.07. The technology company earned $0.28 million during the quarter, compared to analysts' expectations of $0.40 million. Akoustis Technologies had a negative return on equity of 105.63% and a negative net margin of 1,570.24%. View Akoustis Technologies' Earnings History.
What price target have analysts set for AKTS?
4 brokerages have issued twelve-month price targets for Akoustis Technologies' stock. Their forecasts range from $10.00 to $15.00. On average, they anticipate Akoustis Technologies' stock price to reach $13.1250 in the next twelve months. This suggests a possible upside of 46.3% from the stock's current price. View Analyst Ratings for Akoustis Technologies.
What is the consensus analysts' recommendation for Akoustis Technologies?
4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Akoustis Technologies in the last year. There are currently 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
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), Communications Systems (JCS), Clearone (CLRO), Sunworks (SUNW), Franklin Wireless (FKWL), One Horizon Group (OHGI), AltiGen Communications (ATGN), MER Telemanagement Solutions (MTSL), Lattice (LTTC) and Electronic Tele-Communications (ETCIA).
Who are Akoustis Technologies' key executives?
Akoustis Technologies' management team includes the folowing people:
- Mr. Jeffrey B. Shealy, Pres, CEO & Director (Age 49)
- Mr. John T. Kurtzweil, CFO & Chief Accounting Officer (Age 62)
- Mr. David M. Aichele, VP of Bus. Devel. (Age 52)
- Mr. Thomas Andrew Sepenzis, Director of Investor Relations (Age 46)
- Ms. Lora Shealy, Sec.
Has Akoustis Technologies been receiving favorable news coverage?
Headlines about AKTS stock have been trending positive this week, according to Accern Sentiment. Accern rates the sentiment of news coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Akoustis Technologies earned a news sentiment score of 0.26 on Accern's scale. They also gave news coverage about the technology company an impact score of 46.64 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the next few days.
Who are Akoustis Technologies' major shareholders?
Akoustis Technologies' stock is owned by a variety of of retail and institutional investors. Top institutional investors include Essex Investment Management Co. LLC (0.46%). 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.
Which institutional investors are buying Akoustis Technologies stock?
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 $8.97.
How big of a company is Akoustis Technologies?
Akoustis Technologies has a market capitalization of $205.99 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 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.
