Akoustis Stock Today

AKTS Stock  USD 0.74  0.03  3.90%   

Market Performance

0 of 100


Odds Of Distress

Over 64

Akoustis Technologies is selling for under 0.74 as of the 25th of September 2023; that is -3.9 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.7. Akoustis Technologies has more than 64 % chance of experiencing financial distress in the next few years of operation. It also generated negative returns for investors over the last 90 days. Equity ratings for Akoustis Technologies are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of August 2023 and ending today, the 25th of September 2023. Click here to learn more.
Business Domain
Technology Hardware & Equipment
IPO Date
14th of March 2017
Information Technology
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. The company has 72.35 M outstanding shares of which 7.22 M shares are presently shorted by private and institutional investors with about 11.77 trading days to cover. More on Akoustis Technologies

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Akoustis Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Akoustis Technologies' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Akoustis Technologies or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO, DirectorJeffrey Shealy
Average Analyst Recommendation
Analysts covering Akoustis Technologies report their recommendations after researching Akoustis Technologies' financial statements, talking to executives and customers, or listening in on Akoustis Technologies' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Akoustis Technologies. The Akoustis consensus assessment is calculated by taking the average forecast from all of the analysts covering Akoustis Technologies.
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Akoustis Technologies based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Akoustis Technologies financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares Diluted51.5 M63.6 M
Significantly Down
Slightly volatile
Weighted Average Shares38.5 M63.6 M
Way Down
Slightly volatile
Current Liabilities9.2 M17.6 M
Way Down
Slightly volatile
Total Liabilities33 M62.7 M
Way Down
Slightly volatile
Gross Margin(0.12)(0.115)
Sufficiently Down
Slightly volatile
Total Debt23.9 M45.4 M
Way Down
Slightly volatile
Asset Turnover0.20.186
Significantly Up
Slightly volatile
Current Assets31.5 M59.8 M
Way Down
Slightly volatile
Total Assets78.4 M148.9 M
Way Down
Slightly volatile
Macroaxis Advice
The buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Akoustis Technologies' available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Cautious HoldUndervalued
Financial Strength
Akoustis Technologies' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Akoustis Technologies' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Akoustis Technologies' financial leverage. It provides some insight into what part of Akoustis Technologies' total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Akoustis Technologies' books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Akoustis Technologies deploys its capital and how much of that capital is borrowed.
Akoustis Technologies cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 45.43 M in liabilities with Debt to Equity (D/E) ratio of 0.43, which is about average as compared to similar companies. Akoustis Technologies has a current ratio of 7.11, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist Akoustis Technologies until it has trouble settling it off, either with new capital or with free cash flow. So, Akoustis Technologies' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Akoustis Technologies sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Akoustis to invest in growth at high rates of return. When we think about Akoustis Technologies' use of debt, we should always consider it together with cash and equity.

Operating Cash Flow

(23.6 Million)
Akoustis Technologies (AKTS) is traded on NASDAQ Exchange in USA. It is located in 9805 Northcross Center Court, Huntersville, NC, United States, 28078 and employs 222 people. Akoustis Technologies is listed under Electronic Equipment, Instruments & Components category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 53.43 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 Technologies conducts business under Electronic Equipment, Instruments & Components sector and is part of Information Technology industry. The entity has 72.35 M outstanding shares of which 7.22 M shares are presently shorted by private and institutional investors with about 11.77 trading days to cover. 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.
Check Akoustis Technologies Probability Of Bankruptcy
Akoustis Technologies holds a total of seventy-two million three hundred fifty-four thousand eight hundred outstanding shares. Over half of Akoustis Technologies outstanding shares are owned by other corporate entities. These other corporate entities are typically referred to corporate investors that acquire positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulation than regular investors in Akoustis Technologies. Please watch out for any change in the institutional holdings of Akoustis Technologies as this could mean something significant has changed or about to change at the company. Please note that no matter how much assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.

Ownership Allocation

Check Akoustis Ownership Details

Akoustis Stock Price Odds Analysis

Attributed to a normal probability distribution, the odds of Akoustis Technologies jumping above the current price in 90 days from now is roughly 97.0%. The Akoustis Technologies probability density function shows the probability of Akoustis Technologies stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.7719. This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Akoustis Technologies will likely underperform. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Akoustis Technologies is significantly underperforming NYSE Composite.
  Odds Below 0.74HorizonTargetOdds Above 0.74
3.31%90 days
Based on a normal probability distribution, the odds of Akoustis Technologies to move above the current price in 90 days from now is roughly 97.0 (This Akoustis Technologies probability density function shows the probability of Akoustis Stock to fall within a particular range of prices over 90 days) .

Akoustis Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Akoustis Technologies that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Akoustis Technologies' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Akoustis Technologies' value.
InstituionLast TransactionTypeSharesValue
Blackrock Inc2023-06-30Common Shares4.8 M15.2 M
Vanguard Group Inc2023-06-30Common Shares3.7 M11.9 M
Senvest Management Llc2023-06-30Common Shares3.3 M10.6 M
Elemental Capital Partners Llc2022-09-30Common Shares2.5 M7.4 M
Silverback Asset Management Llc2023-06-30Common SharesM6.5 M
First Washington Corp2023-06-30Common Shares1.6 M5.1 M
Handelsbanken Fonder Ab2022-09-30Common Shares1.7 MM
Geode Capital Management Llc2023-06-30Common Shares1.4 M4.5 M
Needham Investment Management Llc2023-06-30Common Shares1.4 M4.4 M
Sargent Investment Group Llc2023-06-30Common Shares1.4 M4.4 M
Granahan Investment Management Llc2023-06-30Common Shares1.3 M4.1 M
View Akoustis Technologies Diagnostics

Akoustis Technologies Historical Income Statement

Akoustis Technologies Income Statement is one of the three primary financial statements used for reporting Akoustis's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Akoustis Technologies revenue and expense. Akoustis Technologies Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Akoustis Technologies Direct Expenses is comparatively stable at the moment as compared to the past year. Akoustis Technologies reported Direct Expenses of 30.24 Million in 2022. Cost of Revenue is likely to gain to about 32.6 M in 2023, despite the fact that Earning Before Interest and Taxes EBIT is likely to grow to (33.5 M). View More Fundamentals

Akoustis Stock Against Markets

Picking the right benchmark for Akoustis Technologies stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Akoustis Technologies stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Akoustis Technologies is critical whether you are bullish or bearish towards Akoustis Technologies at a given time. Please also check how Akoustis Technologies' historical prices are related to one of the top price index indicators.

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.

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Akoustis Technologies Corporate Executives

Elected by the shareholders, the Akoustis Technologies' board of directors comprises two types of representatives: Akoustis Technologies inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Akoustis. The board's role is to monitor Akoustis Technologies' management team and ensure that shareholders' interests are well served. Akoustis Technologies' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Akoustis Technologies' outside directors are responsible for providing unbiased perspectives on the board's policies.
Cindy PayneCFO, TreasurerProfile

How to buy Akoustis Stock?

Before investing in Akoustis Technologies, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Akoustis Technologies. To buy Akoustis Technologies stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Akoustis Technologies. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Akoustis Technologies stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Akoustis Technologies stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Akoustis Technologies stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Akoustis Technologies, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Akoustis Stock please use our How to Invest in Akoustis Technologies guide.

Already Invested in Akoustis Technologies?

The danger of trading Akoustis Technologies is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Akoustis Technologies is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Akoustis Technologies. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Akoustis Technologies is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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 non-hispanic. For more information on how to buy Akoustis Stock please use our How to Invest in Akoustis Technologies guide. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.

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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
Revenue Per Share
Quarterly Revenue Growth
Return On Assets
Return On Equity
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.