Akoustis Technologies Stock Analysis

AKTS Stock  USD 0.53  0.04  7.02%   
Akoustis Technologies is undervalued with Real Value of 1.13 and Target Price of 2.95. The main objective of Akoustis Technologies stock analysis is to determine its intrinsic value, which is an estimate of what Akoustis Technologies is worth, separate from its market price. There are two main types of Akoustis Technologies' stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Akoustis Technologies' performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Akoustis Technologies' stock to identify patterns and trends that may indicate its future price movements.
The Akoustis Technologies stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Akoustis Technologies is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. Akoustis Stock trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Akoustis Technologies' ongoing operational relationships across important fundamental and technical indicators.
  
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 estimate.
For more information on how to buy Akoustis Stock please use our How to Invest in Akoustis Technologies guide.

Akoustis Stock Analysis Notes

About 32.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.04. Some equities with similar Price to Book (P/B) outperform the market in the long run. Akoustis Technologies recorded a loss per share of 0.96. The entity had not issued any dividends in recent years. The firm had 150:137 split on the 24th of April 2015. Akoustis Technologies, Inc., through its subsidiary, Akoustis, Inc., designs, develops, manufactures, and sells radio frequency filter products for the mobile wireless device industry in the United States, Asia, Europe, and internationally. Akoustis Technologies, Inc. is headquartered in Huntersville, North Carolina. Akoustis Technologies operates under Communication Equipment classification in the United States and is traded on NASDAQ Exchange. It employs 205 people. For more info on Akoustis Technologies please contact the company at 704 997 5735 or go to https://www.akoustis.com.

Akoustis Technologies Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Akoustis Technologies' investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Akoustis Technologies or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Akoustis Technologies generated a negative expected return over the last 90 days
Akoustis Technologies has high historical volatility and very poor performance
Akoustis Technologies has some characteristics of a very speculative penny stock
Akoustis Technologies has high likelihood to experience some financial distress in the next 2 years
The company reported the previous year's revenue of 27.12 M. Net Loss for the year was (63.56 M) with loss before overhead, payroll, taxes, and interest of (3.12 M).
Akoustis Technologies currently holds about 80.48 M in cash with (44.82 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.41, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Akoustis Technologies has a poor financial position based on the latest SEC disclosures
Latest headline from finance.yahoo.com: Akoustis Secures Design Win and Volume Orders for Wi-Fi 7 Solution with Tier-1 Enterprise Class OEM

Akoustis Technologies Upcoming and Recent Events

Earnings reports are used by Akoustis Technologies to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Akoustis Technologies previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
6th of February 2024
Upcoming Quarterly Report
View
13th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
4th of September 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
30th of June 2023
Last Financial Announcement
View

Akoustis Largest EPS Surprises

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
2016-06-29
2016-03-31-0.08-0.060.0225 
2022-01-31
2021-12-31-0.2-0.23-0.0315 
2023-09-06
2023-06-30-0.17-0.21-0.0423 
View All Earnings Estimates

Akoustis Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Akoustis Technologies is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Akoustis Technologies backward and forwards among themselves. Akoustis Technologies' institutional investor refers to the entity that pools money to purchase Akoustis Technologies' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Perkins Capital Management Inc2023-12-31
606.7 K
Northern Trust Corp2023-12-31
571 K
Ubs Group Ag2023-12-31
450.2 K
Frg Family Wealth Advisors Llc2023-12-31
346.7 K
Renaissance Technologies Corp2023-12-31
325.9 K
Morgan Stanley - Brokerage Accounts2023-12-31
284.1 K
Creative Planning Inc2023-12-31
243.7 K
Bank Of America Corp2023-12-31
224.9 K
Mission Wealth Management, Llc2023-12-31
224.7 K
Blackrock Inc2023-12-31
M
Vanguard Group Inc2023-12-31
3.6 M
Note, although Akoustis Technologies' institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Akoustis Market Capitalization

The company currently falls under 'Micro-Cap' category with a current market capitalization of 56.95 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Akoustis Technologies's market, we take the total number of its shares issued and multiply it by Akoustis Technologies's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Akoustis Profitablity

Akoustis Technologies' profitability indicators refer to fundamental financial ratios that showcase Akoustis Technologies' ability to generate income relative to its revenue or operating costs. If, let's say, Akoustis Technologies is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Akoustis Technologies' executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Akoustis Technologies' profitability requires more research than a typical breakdown of Akoustis Technologies' financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of (2.33) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (2.14) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $2.14.
Last ReportedProjected for Next Year
Return On Tangible Assets(2.83)(2.69)
Return On Capital Employed(2.93)(2.78)
Return On Assets(2.83)(2.69)
Return On Equity(2.93)(2.78)

Management Efficiency

Akoustis Technologies has return on total asset (ROA) of (0.3671) % which means that it has lost $0.3671 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (1.0411) %, meaning that it created substantial loss on money invested by shareholders. Akoustis Technologies' management efficiency ratios could be used to measure how well Akoustis Technologies manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to gain to -2.69 in 2024. Return On Capital Employed is likely to gain to -2.78 in 2024. At this time, Akoustis Technologies' Total Assets are comparatively stable compared to the past year. Non Current Assets Total is likely to gain to about 107.6 M in 2024, whereas Net Tangible Assets are likely to drop slightly above 39.3 M in 2024.
Last ReportedProjected for Next Year
Book Value Per Share 0.0007  0.0007 
Net Current Asset Value 0.00  0.00 
Tangible Asset Value 0.00  0.00 
Tangible Book Value Per Share 0.0007  0.0007 
Enterprise Value Over EBITDA-2.4 K-2.3 K
Price Book Value RatioK7.3 K
Enterprise Value Multiple-2.4 K-2.3 K
Price Fair ValueK7.3 K
Enterprise Value64.1 M60.9 M
The analysis of Akoustis Technologies' management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Akoustis Technologies' future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Akoustis Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Beta
1.694

Technical Drivers

As of the 16th of April 2024, Akoustis Technologies shows the Mean Deviation of 4.69, standard deviation of 6.33, and Risk Adjusted Performance of (0.02). Akoustis Technologies technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate and analyze data for thirteen technical drivers for Akoustis Technologies, which can be compared to its peers. Please confirm Akoustis Technologies variance and skewness to decide if Akoustis Technologies is priced correctly, providing market reflects its regular price of 0.53 per share. As Akoustis Technologies is a penny stock we also strongly suggest to validate its jensen alpha numbers.

Akoustis Technologies Price Movement Analysis

Execute Study
null. The output start index for this execution was zero with a total number of output elements of zero. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Akoustis Technologies middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Akoustis Technologies. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Akoustis Technologies Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Akoustis Technologies insiders, such as employees or executives, is commonly permitted as long as it does not rely on Akoustis Technologies' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Akoustis Technologies insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Akoustis Technologies Predictive Daily Indicators

Akoustis Technologies intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Akoustis Technologies stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Akoustis Technologies Forecast Models

Akoustis Technologies' time-series forecasting models are one of many Akoustis Technologies' stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Akoustis Technologies' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Akoustis Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Akoustis Technologies prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Akoustis shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Akoustis Technologies. By using and applying Akoustis Stock analysis, traders can create a robust methodology for identifying Akoustis entry and exit points for their positions.
Last ReportedProjected for Next Year
Pretax Profit Margin(2.19)(2.30)
Operating Profit Margin(2.19)(2.30)
Net Loss(2.11)(2.21)
Gross Profit Margin(0.13)(0.14)

Current Akoustis Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Akoustis analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Akoustis analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
2.95Buy5Odds
Akoustis Technologies current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Akoustis analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Akoustis stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Akoustis Technologies, talking to its executives and customers, or listening to Akoustis conference calls.
Akoustis Analyst Advice Details

Akoustis Stock Analysis Indicators

Akoustis Technologies stock analysis indicators help investors evaluate how Akoustis Technologies stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Akoustis Technologies shares will generate the highest return on investment. By understating and applying Akoustis Technologies stock analysis, traders can identify Akoustis Technologies position entry and exit signals to maximize returns.
Begin Period Cash Flow80.5 M
Long Term Debt784 K
Common Stock Shares Outstanding63.6 M
Total Stockholder Equity86.2 M
Total Cashflows From Investing Activities-25.1 M
Tax Provision-2.4 M
Property Plant And Equipment Net59.2 M
Cash And Short Term Investments43.1 M
Cash43.1 M
Accounts PayableM
Net Debt2.3 M
50 Day M A0.6188
Total Current Liabilities17.6 M
Other Operating Expenses93.2 M
Non Current Assets Total89.1 M
Common Stock Total Equity72 K
Non Currrent Assets Other72 K
Stock Based Compensation9.4 M
When determining whether Akoustis Technologies is a strong investment it is important to analyze Akoustis Technologies' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Akoustis Technologies' future performance. For an informed investment choice regarding Akoustis Stock, refer to the following important reports:
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 estimate.
For more information on how to buy Akoustis Stock please use our How to Invest in Akoustis Technologies guide.
You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.

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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
(0.96)
Revenue Per Share
0.417
Quarterly Revenue Growth
0.196
Return On Assets
(0.37)
Return On Equity
(1.04)
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.