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 / Sales118.31
Cash FlowN/A
Price / CashN/A
Book Value$0.31 per share
Price / Book15.45
Profitability
EPS (Most Recent Fiscal Year)N/A
Net Income$-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$135.76 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) announced its quarterly earnings results on Tuesday, November, 14th. The technology company reported ($0.24) EPS 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 analysts' expectations of $0.70 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?
6 brokers have issued 1-year target prices for Akoustis Technologies' stock. Their forecasts range from $10.00 to $15.00. On average, they expect Akoustis Technologies' stock price to reach $11.4167 in the next year. This suggests a possible upside of 138.3% from the stock's current price. View Analyst Price Targets for Akoustis Technologies.
What is the consensus analysts' recommendation for Akoustis Technologies?
6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Akoustis Technologies in the last year. There are currently 6 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?
Headlines about AKTS stock have been trending somewhat positive recently, InfoTrie Sentiment reports. The research group ranks the sentiment of media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Akoustis Technologies earned a news sentiment score of 2.0 on InfoTrie's scale. They also assigned news coverage about the technology company a news buzz of 3.0 out of 10, meaning that recent media coverage is unlikely 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 AudioCodes (AUDC), DASAN Zhone Solutions (DZSI), Clearfield (CLFD), Westell Technologies (WSTL), Zoom Telephonics (ZMTP), Franklin Wireless (FKWL), Communications Systems (JCS), One Horizon Group (OHGI), AltiGen Communications (ATGN), Clearone (CLRO), Sunworks (SUNW), MER Telemanagement Solutions (MTSL), Lattice (LTTC), Alvarion (ALVRQ) and Electronic Tele-Communications (ETCIA).
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 retail and institutional 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 acquired 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 $4.79.
How big of a company is Akoustis Technologies?
Akoustis Technologies has a market capitalization of $135.76 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.
