Akoustis Technologies Earnings Estimate
| AKTS Stock | USD 0.60 0.01 1.64% |
Akoustis |
Akoustis Technologies Earnings Estimation Breakdown
The calculation of earning per share of Akoustis Technologies is based on the official Zacks consensus of 3 analysts regarding Akoustis Technologies' future annual earnings. Given the historical accuracy of 78.89%, Akoustis Technologies' future earnings per share of Akoustis Technologies is estimated to be -0.18 with the lowest and highest values of -0.2 and -0.16, respectively. Please note that this consensus of annual earnings estimates for Akoustis Technologies is an estimate of EPS before non-recurring items and includes employee stock options expenses Current EPS
-0.2 Lowest | Expected EPS | -0.16 Highest |
Akoustis Technologies Earnings Projection Consensus
Suppose the current estimates of Akoustis Technologies' value are higher than the current market price of the Akoustis Technologies stock. In this case, investors may conclude that Akoustis Technologies is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Akoustis Technologies' stock will quickly adjusts to the new information provided by the consensus estimate.
| Number of Analysts | Historical Accuracy | Current EPS | EPS Estimate for 31st of December 2023 |
| 3 | 78.89% | -0.95 | -0.18 |
Akoustis Technologies Earnings per Share Projection vs Actual
Actual Earning per Share of Akoustis Technologies refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Akoustis Technologies predict the company's earnings will be in the future. The higher the earnings per share of Akoustis Technologies, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.Akoustis Technologies Estimated Earnings per Share
For an investor who is primarily interested in generating an income out of investing in entities such as Akoustis Technologies, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Akoustis Technologies should always be considered in relation to other companies to make a more educated investment decision.Akoustis Quarterly Analyst Estimates and Surprise Metrics
Earnings surprises can significantly impact Akoustis Technologies' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2023-11-13 | 2023-09-30 | -0.18 | -0.26 | -0.08 | 44 | ||
2023-09-06 | 2023-06-30 | -0.17 | -0.21 | -0.04 | 23 | ||
2023-05-08 | 2023-03-31 | -0.19 | -0.2 | -0.01 | 5 | ||
2023-02-07 | 2022-12-31 | -0.25 | -0.19 | 0.06 | 24 | ||
2022-11-14 | 2022-09-30 | -0.2 | -0.28 | -0.08 | 40 | ||
2022-09-12 | 2022-06-30 | -0.19 | -0.26 | -0.07 | 36 | ||
2022-05-02 | 2022-03-31 | -0.22 | -0.22 | 0 | 0 | ||
2022-01-31 | 2021-12-31 | -0.2 | -0.23 | -0.03 | 15 | ||
2021-11-01 | 2021-09-30 | -0.2 | -0.25 | -0.05 | 25 | ||
2021-08-30 | 2021-06-30 | -0.19 | -0.23 | -0.04 | 21 | ||
2021-05-03 | 2021-03-31 | -0.28 | -0.22 | 0.06 | 21 | ||
2021-02-01 | 2020-12-31 | -0.23 | -0.22 | 0.01 | 4 | ||
2020-10-30 | 2020-09-30 | -0.23 | -0.31 | -0.08 | 34 | ||
2020-08-21 | 2020-06-30 | -0.22 | -0.27 | -0.05 | 22 | ||
2020-05-01 | 2020-03-31 | -0.25 | -0.21 | 0.04 | 16 | ||
2020-01-31 | 2019-12-31 | -0.26 | -0.3 | -0.04 | 15 | ||
2019-11-07 | 2019-09-30 | -0.23 | -0.3 | -0.07 | 30 | ||
2019-09-13 | 2019-06-30 | -0.26 | -0.18 | 0.08 | 30 | ||
2019-05-10 | 2019-03-31 | -0.23 | -0.31 | -0.08 | 34 | ||
2019-02-04 | 2018-12-31 | -0.24 | -0.24 | 0 | 0 | ||
2018-11-05 | 2018-09-30 | -0.27 | -0.33 | -0.06 | 22 | ||
2018-08-29 | 2018-06-30 | -0.22 | -0.3 | -0.08 | 36 | ||
2018-05-15 | 2018-03-31 | -0.19 | -0.19 | 0 | 0 | ||
2018-02-14 | 2017-12-31 | -0.14 | -0.27 | -0.13 | 92 | ||
2017-11-14 | 2017-09-30 | -0.18 | -0.24 | -0.06 | 33 | ||
2017-09-20 | 2017-06-30 | -0.08 | -0.08 | 0 | 0 | ||
2017-05-15 | 2017-03-31 | -0.13 | -0.12 | 0.01 | 7 | ||
2017-02-14 | 2016-12-31 | -0.08 | -0.21 | -0.13 | 162 | ||
2016-10-31 | 2016-09-30 | -0.07 | -0.132 | -0.062 | 88 | ||
2016-06-29 | 2016-03-31 | -0.08 | -0.06 | 0.02 | 25 | ||
2016-02-16 | 2015-12-31 | -0.08 | -0.08 | 0 | 0 | ||
2015-10-21 | 2015-09-30 | None | -0.0862 | None | 0 | ||
2015-06-30 | 2015-06-30 | None | -0.1051 | None | 0 |
About Akoustis Technologies Earnings Estimate
The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of Akoustis Technologies earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current Akoustis Technologies estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as Akoustis Technologies fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'
Please read more on our stock advisor page.| Last Reported | Projected for 2023 | ||
| Accumulated Retained Earnings Deficit | -270.4 M | -142.3 M | |
| Earning Before Interest and Taxes EBIT | -63.7 M | -33.5 M | |
| Earnings per Basic Share | (1.00) | (1.08) | |
| Earnings per Diluted Share | (1.00) | (1.08) | |
| Price to Earnings Ratio | (3.18) | (3.43) | |
| Earnings Before Interest Taxes and Depreciation Amortization EBITDA | -52 M | -27.4 M | |
| Earnings before Tax | -66 M | -34.8 M |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Akoustis Technologies without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Pair Trading with Akoustis Technologies
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Akoustis Technologies position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Akoustis Technologies will appreciate offsetting losses from the drop in the long position's value.Moving together with Akoustis Stock
| + | 0.63 | FKWL | Franklin Wireless Corp | Fiscal Quarter End 31st of December 2023 | PairCorr | |
| + | 0.86 | CTS | CTS Corporation | Fiscal Quarter End 31st of December 2023 | PairCorr |
Moving against Akoustis Stock
| - | 0.52 | ELTK | Eltek | Fiscal Quarter End 31st of December 2023 | PairCorr | |
| - | 0.42 | JBL | Jabil Circuit | Report 21st of December 2023 | PairCorr |
The ability to find closely correlated positions to Akoustis Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Akoustis Technologies when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Akoustis Technologies - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Akoustis Technologies to buy it.
The correlation of Akoustis Technologies is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Akoustis Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Akoustis Technologies moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Akoustis Technologies can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Akoustis Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real. For more information on how to buy Akoustis Stock please use our How to Invest in Akoustis Technologies guide.You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Complementary Tools for Akoustis Stock analysis
When running Akoustis Technologies' price analysis, check to measure Akoustis Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Akoustis Technologies is operating at the current time. Most of Akoustis Technologies' value examination focuses on studying past and present price action to predict the probability of Akoustis Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Akoustis Technologies' price. Additionally, you may evaluate how the addition of Akoustis Technologies to your portfolios can decrease your overall portfolio volatility.
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Is Akoustis Technologies' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Akoustis Technologies. If investors know Akoustis will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Akoustis Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.95) | Revenue Per Share 0.424 | Quarterly Revenue Growth 0.258 | Return On Assets (0.32) | Return On Equity (0.84) |
The market value of Akoustis Technologies is measured differently than its book value, which is the value of Akoustis that is recorded on the company's balance sheet. Investors also form their own opinion of Akoustis Technologies' value that differs from its market value or its book value, called intrinsic value, which is Akoustis Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Akoustis Technologies' market value can be influenced by many factors that don't directly affect Akoustis Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Akoustis Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Akoustis Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Akoustis Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.