Akoustis Technologies, Inc. (AKTS): Price and Financial Metrics

Akoustis Technologies, Inc. (AKTS): $0.59

0.01 (+1.35%)

POWR Rating

Component Grades

Momentum

C

Stability

D

Sentiment

Quality

F

AKTS Price/Volume Stats

Current price $0.59 52-week high $3.57
Prev. close $0.58 52-week low $0.45
Day low $0.57 Volume 299,900
Day high $0.62 Avg. volume 926,118
50-day MA $0.63 Dividend yield N/A
200-day MA $1.19 Market Cap 58.28M

AKTS Stock Price Chart Interactive Chart >

AKTS POWR Grades

  • AKTS scores best on the Momentum dimension, with a Momentum rank ahead of 53.91% of US stocks.
  • AKTS's strongest trending metric is Value; it's been moving up over the last 26 weeks.
  • AKTS ranks lowest in Quality; there it ranks in the 0th percentile.

AKTS Stock Summary

  • Revenue growth over the past 12 months for AKOUSTIS TECHNOLOGIES INC comes in at 49.91%, a number that bests 90.91% of the US stocks we're tracking.
  • The volatility of AKOUSTIS TECHNOLOGIES INC's share price is greater than that of 95.03% US stocks with at least 200 days of trading history.
  • Shareholder yield, a measure of how much is returned to shareholders via dividends and share repurchases, for AKTS comes in at -58.92% -- higher than that of just 6.98% of stocks in our set.
  • Stocks with similar financial metrics, market capitalization, and price volatility to AKOUSTIS TECHNOLOGIES INC are ASXC, GANX, ASTC, ROIV, and ONVO.
  • Visit AKTS's SEC page to see the company's official filings. To visit the company's web site, go to www.akoustis.com.

AKTS Valuation Summary

  • AKTS's price/sales ratio is 1.4; this is 41.67% lower than that of the median Technology stock.
  • AKTS's price/earnings ratio has moved up 2169.8 over the prior 104 months.

Below are key valuation metrics over time for AKTS.

Stock Date P/S P/B P/E EV/EBIT
AKTS 2023-12-08 1.4 0.6 -0.6 -0.9
AKTS 2023-12-07 1.4 0.6 -0.6 -0.9
AKTS 2023-12-06 1.5 0.6 -0.7 -0.9
AKTS 2023-12-05 1.5 0.6 -0.7 -0.9
AKTS 2023-12-04 1.5 0.7 -0.7 -1.0
AKTS 2023-12-01 1.4 0.6 -0.6 -0.9

AKTS Growth Metrics

    The 2 year revenue growth rate now stands at 517.29%.
  • Its year over year price growth rate is now at -54.96%.
  • Its 3 year price growth rate is now at -45.31%.
Over the past 70 months, AKTS's revenue has gone up $20,773,968.

The table below shows AKTS's growth in key financial areas (numbers in millions of US dollars).

Date Revenue Operating Cash Flow Net Income to Common Stock
2022-12-31 21.242 -47.877 -61.161
2022-09-30 19.049 -47.497 -65.269
2022-06-30 15.35 -45.195 -59.027
2022-03-31 12.304 -40.578 -52.92
2021-12-31 10.214 -36.732 -48.409
2021-09-30 7.85 -34.139 -45.055

AKTS's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.
  • AKTS has a Quality Grade of F, ranking ahead of 0.22% of graded US stocks.
  • AKTS's asset turnover comes in at 0.07 -- ranking 196th of 208 Electronic Equipment stocks.
  • MXL, MVIS, and EMAN are the stocks whose asset turnover ratios are most correlated with AKTS.

The table below shows AKTS's key quality metrics over time.

Period Asset Turnover Gross Margin ROIC
2021-09-30 0.070 -0.516 -1.218
2021-06-30 0.068 -0.609 -1.065
2021-03-31 0.057 -0.719 -0.932
2020-12-31 0.039 -1.073 -0.840
2020-09-30 0.028 -0.979 -0.797
2020-06-30 0.029 -0.349 -0.789

AKTS Price Target

For more insight on analysts targets of AKTS, see our AKTS price target page. And for a list of of all stocks sorted by upside potential based on analyst target price, see our Top Price Target page.

Average Price Target $16.13 Average Broker Recommendation 1.38 (Strong Buy)

Akoustis Technologies, Inc. (AKTS) Company Bio


Akoustis Technologies, Inc. operates in the telecommunications and fiber optics sector. The company designs and manufactures various radio frequency (RF) filters enabling the RF front-end of mobile wireless devices, such as smartphones and tablets. The company was founded in 2014 and is based in Huntersville, North Carolina.


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Latest AKTS News From Around the Web

Below are the latest news stories about AKOUSTIS TECHNOLOGIES INC that investors may wish to consider to help them evaluate AKTS as an investment opportunity.

Wi-Fi NOW Awards Akoustis and HPE Aruba Networking for Best Enterprise Wi-Fi Solution

Charlotte, N.C., Dec. 20, 2023 (GLOBE NEWSWIRE) -- Akoustis Technologies, Inc. (NASDAQ: AKTS) (“Akoustis” or the “Company”), an integrated device manufacturer (IDM) of patented bulk acoustic wave (BAW) high-band RF filters for mobile and other wireless applications, announced today that the Company, along with HPE Aruba Networking, has been awarded the 8th Annual Wi-Fi NOW Awards Gala for the Best Enterprise Wi-Fi Solution. HPE Aruba Networking has created Wi-Fi access points (APs) with patented

Yahoo | December 20, 2023

Akoustis Receives Wi-Fi 6E Design Win from Tier-1 Consumer AP Customer

Tier-1 Customer to Use Akoustis’ 5 GHz and 6 GHz Tandem Wi-Fi 6E Filters for a 2X4 MU-MIMO Consumer AP PlatformSecures High-Volume Wi-Fi 6E Filter Orders to Support Production Ramp in March Quarter of Calendar Year 2024Company Reiterates Current Guidance of Record Quarterly Revenue For the March Quarter with 18 to 25% Sequential Growth Charlotte, N.C., Dec. 18, 2023 (GLOBE NEWSWIRE) -- Akoustis Technologies, Inc. (NASDAQ: AKTS) (“Akoustis” or the “Company”), an integrated device manufacturer (ID

Yahoo | December 18, 2023

Akoustis Receives First Development Order from Leading Commercial Satellite Communications Company for Use of XBAW® Foundry Services

Number of Companies Utilizing XBAW® Foundry Services Increases to FourLaunch of Akoustis’ XBAW® Synthesizer Software as part of Foundry ServicesFoundry Focused on 2 to 20 GHz in Commercial and Defense Applications Charlotte, N.C., Dec. 06, 2023 (GLOBE NEWSWIRE) -- Akoustis Technologies, Inc. (NASDAQ: AKTS) (“Akoustis” or the “Company”), an integrated device manufacturer (IDM) of patented bulk acoustic wave (BAW) high-band RF filters for mobile and other wireless applications, announced that a le

Yahoo | December 6, 2023

Akoustis Awarded Phase 2 For DARPA COFFEE Program

Multi-Year, Multi-Million Dollar Phase 2 Award for Development of High Frequency 2-18 GHz XBAW® Filter TechnologyAward Invests in Development of Akoustis’ Single-Crystal and XP3F Filter TechnologiesNew Materials and Device Manufacturing to Target Commercial and Defense Markets Charlotte, N.C., Nov. 16, 2023 (GLOBE NEWSWIRE) -- Akoustis Technologies, Inc. (NASDAQ: AKTS) (“Akoustis” or the “Company”), an integrated device manufacturer (IDM) of patented bulk acoustic wave (BAW) high-band RF filters

Yahoo | November 16, 2023

Akoustis Technologies, Inc. (NASDAQ:AKTS) Q1 2024 Earnings Call Transcript

Akoustis Technologies, Inc. (NASDAQ:AKTS) Q1 2024 Earnings Call Transcript November 13, 2023 Akoustis Technologies, Inc. misses on earnings expectations. Reported EPS is $-0.26 EPS, expectations were $-0.18. Operator: Good day, ladies and gentlemen, and welcome to the Akoustis Technologies Fiscal 2024 First Quarter Conference Call. As a reminder, this conference call is being recorded. At […]

Yahoo | November 14, 2023

Read More 'AKTS' Stories Here

AKTS Price Returns

1-mo -4.64%
3-mo -29.26%
6-mo -21.64%
1-year -80.27%
3-year -95.39%
5-year -89.85%
YTD -29.26%
2023 -70.43%
2022 -57.78%
2021 -45.38%
2020 52.88%
2019 60.97%

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