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 / Sales340.40
Cash FlowN/A
Price / CashN/A
Book Value$0.79 per share
Price / Book9.32
Profitability
EPS (Most Recent Fiscal Year)N/A
Net Income$-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$176.25 million
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 earnings results on Tuesday, November, 14th. The technology company reported ($0.24) earnings per share for the quarter, missing the consensus estimate of ($0.13) by $0.11. The technology company had revenue of $0.30 million for the quarter, compared to analyst estimates of $0.70 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.
When is Akoustis Technologies' next earnings date?
What price target have analysts set for AKTS?
4 equities research analysts have issued 12 month target prices for Akoustis Technologies' stock. Their forecasts range from $10.00 to $15.00. On average, they anticipate Akoustis Technologies' share price to reach $13.1250 in the next twelve months. This suggests a possible upside of 78.3% from the stock's current price. View Analyst Price Targets 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." View Analyst Ratings for Akoustis Technologies.
Who are some of Akoustis Technologies' key competitors?
Some companies that are related to Akoustis Technologies include AudioCodes (AUDC), Clearfield (CLFD), DASAN Zhone Solutions (DZSI), Westell Technologies (WSTL), Zoom Telephonics (ZMTP), Communications Systems (JCS), Sunworks (SUNW), Clearone (CLRO), Franklin Wireless (FKWL), AltiGen Communications (ATGN), One Horizon Group (OHGI), MER Telemanagement Solutions (MTSL), Lattice (LTTC), Electronic Tele-Communications (ETCIA) and Alvarion (ALVRQ).
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?
News headlines about AKTS stock have been trending somewhat positive on Friday, Accern Sentiment reports. The research firm identifies positive and negative press coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Akoustis Technologies earned a news and rumor sentiment score of 0.14 on Accern's scale. They also assigned media headlines about the technology company an impact score of 45.52 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the next few days. View Recent Headlines for Akoustis Technologies.
Who are Akoustis Technologies' major shareholders?
Akoustis Technologies' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Millennium Management LLC (1.36%), Financial Advocates Investment Management (1.17%), Salem Investment Counselors Inc. (0.64%), D.A. Davidson & CO. (0.51%), Essex Investment Management Co. LLC (0.46%) and Thompson Davis & CO. Inc. (0.39%). 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 major investors are selling Akoustis Technologies stock?
AKTS stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc.. Company insiders that have sold Akoustis Technologies company stock in the last year include David Aichele, Jeffrey B Shealy, John T Kurtzweil, Mark N Tompkins and Steven Denbaars. View Insider Buying and Selling for Akoustis Technologies.
Which major investors are buying Akoustis Technologies stock?
AKTS stock was acquired by a variety of institutional investors in the last quarter, including Millennium Management LLC, Salem Investment Counselors Inc., Essex Investment Management Co. LLC, MYDA Advisors LLC, Thompson Davis & CO. Inc., Paloma Partners Management Co, Financial Advocates Investment Management and LMR Partners LLP. 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 $7.36.
How big of a company is Akoustis Technologies?
Akoustis Technologies has a market capitalization of $176.25 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.
