Home » Stocks » Akoustis Technologies

Akoustis Technologies, Inc. (AKTS)

Stock Price: $7.84 USD 0.08 (1.03%)
Updated Oct 19, 2020 4:00 PM EDT - Market closed
After-hours: $7.92 +0.08 (1.02%) Oct 19, 6:28 PM

Stock Price Chart

Key Info

Market Cap 299.94M
Revenue (ttm) 1.79M
Net Income (ttm) -36.14M
Shares Out 38.26M
EPS (ttm) -1.07
PE Ratio n/a
Forward PE n/a
Dividend n/a
Dividend Yield n/a

Stock Quote

Trading Day Oct 19, 2020
Last Price $7.84
Previous Close $7.76
Change ($) 0.08
Change (%) 1.03%
Day's Open 7.95
Day's Range 7.61 - 8.00
Day's Volume 426,138
52-Week Range 3.76 - 9.55

More Stats

Market Cap 299.94M
Enterprise Value 279.46M
Earnings Date (est) Nov 9, 2020
Ex-Dividend Date n/a
Shares Outstanding 38.26M
Float 34.46M
EPS (basic) -1.07
EPS (diluted) -1.07
FCF / Share -0.92
Dividend n/a
Dividend Yield n/a
Earnings Yield n/a
FCF Yield n/a
Payout Ratio n/a
Shares Short 8.23M
Short Ratio 21.16
Short % of Float 23.87%
Beta 1.56
PE Ratio n/a
Forward PE n/a
P/FCF Ratio n/a
PS Ratio 167.57
PB Ratio 7.15
Revenue 1.79M
Operating Income -32.04M
Net Income -36.14M
Free Cash Flow -31.00M
Net Cash 20.49M
Net Cash / Share 0.54
Gross Margin -34.86%
Operating Margin -1,789.83%
Profit Margin -2,019.00%
FCF Margin -1,731.56%
ROA -33.55%
ROE -107.16%
ROIC -78.90%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (6)

Buy 6
Overweight 0
Hold 0
Underweight 0
Sell 0

Analyst Consensus: Buy

Price Target

(38.14% upside)
Current: $7.84
Target: 10.83
*Average 12-month price target from 6 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Revenue Growth24.05%19.45%148.31%90.91%---
Gross Profit-0.620.430.190.490.25--
Operating Income-32.04-27.57-22.28-10.68-4.44-1.39-0.03
Net Income-36.14-29.25-21.74-9.83-5.41-1.22-0.03
Shares Outstanding33.7027.5120.9316.9913.356.249.60
Earnings Per Share-1.07-1.06-1.04-0.58-0.40-0.20-
Operating Cash Flow-21.31-17.67-14.20-5.55-3.31-0.98-0.03
Capital Expenditures-9.69-4.72-6.94-1.63-0.16-0.08-
Free Cash Flow-31.00-22.39-21.14-7.17-3.47-1.06-0.03
Cash & Equivalents44.4130.1514.829.634.164.330.01
Total Debt23.9218.2211.47----
Net Cash / Debt20.4911.943.359.634.164.330.01
Book Value41.5025.9613.8515.012.684.190.01
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Akoustis Technologies, Inc.
Country United States
Employees 95
CEO Jeffrey B. Shealy

Stock Information

Ticker Symbol AKTS
Stock Exchange NASDAQ
Sector Technology
Industry Communication Equipment
Unique Identifier NASDAQ: AKTS
IPO Date March 14, 2017


Akoustis Technologies, through its subsidiary, Akoustis, Inc., develops, designs, manufactures, and sells radio frequency (RF) filter products for the mobile wireless device industry in the United States. It operates through two segments, Foundry Fabrication Services and RF Filters. The Foundry Fabrication Services segment provides engineering review services; and semiconductor wafer-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, Wi-Fi customer premise equipment, military and defense applications. The company was incorporated in 2013 and is headquartered in Huntersville, North Carolina.