Is Akoustis Technologies Stock a Good Investment?
Akoustis Technologies Investment Advice | AKTS |
- Examine Akoustis Technologies' financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Akoustis Technologies' leadership team and their track record. Good management can help Akoustis Technologies navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Electronic Equipment, Instruments & Components space and any emerging trends that could impact Akoustis Technologies' business and its evolving consumer preferences.
- Compare Akoustis Technologies' performance and market position to its competitors. Analyze how Akoustis Technologies is positioned in terms of product offerings, innovation, and market share.
- Check if Akoustis Technologies pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Akoustis Technologies' stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Akoustis Technologies stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that 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. Below is a detailed guide on how to decide if Akoustis Technologies is a good investment.
Sell | Buy |
Sell
Market Performance | Insignificant | Details | |
Volatility | Out of control | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | High | Details | |
Economic Sensitivity | Moves slightly opposite to the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Frail | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Akoustis Technologies Stock
Researching Akoustis Technologies' stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 15.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 0.17. Some equities with similar Price to Book (P/B) outperform the market in the long run. Akoustis Technologies recorded a loss per share of 1.89. The entity had not issued any dividends in recent years. The firm had 150:137 split on the 24th of April 2015.
To determine if Akoustis Technologies is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Akoustis Technologies' research are outlined below:
| Akoustis Technologies had very high historical volatility over the last 90 days | |
| Akoustis Technologies has some characteristics of a very speculative penny stock | |
| Akoustis Technologies has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 27.38 M. Net Loss for the year was (167.95 M) with loss before overhead, payroll, taxes, and interest of (3.12 M). | |
| Akoustis Technologies currently holds about 80.48 M in cash with (40.35 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 frail financial position based on the latest SEC disclosures | |
| Latest headline from news.google.com: 12 Information Technology Stocks Moving In Thursdays Pre-Market Session - Benzinga |
Akoustis Technologies Quarterly Good Will |
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Akoustis Technologies uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Akoustis Technologies. Every quarterly earnings report provides investors with 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 |
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. Below are the table of largest EPS Surprises Akoustis Technologies' investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2024-05-13 | 2024-03-31 | -0.12 | -0.14 | -0.02 | 16 | ||
2016-06-29 | 2016-03-31 | -0.08 | -0.06 | 0.02 | 25 | ||
2022-01-31 | 2021-12-31 | -0.2 | -0.23 | -0.03 | 15 | ||
2023-09-06 | 2023-06-30 | -0.17 | -0.21 | -0.04 | 23 | ||
2021-08-30 | 2021-06-30 | -0.19 | -0.23 | -0.04 | 21 | ||
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 | ||
2021-11-01 | 2021-09-30 | -0.2 | -0.25 | -0.05 | 25 |
Know Akoustis Technologies' Top 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 | Goldman Sachs Group Inc | 2024-06-30 | 401.5 K | Frg Family Wealth Advisors Llc | 2024-06-30 | 346.7 K | State Street Corp | 2024-06-30 | 264.8 K | Jane Street Group Llc | 2024-06-30 | 256.6 K | Creative Planning Inc | 2024-06-30 | 243.7 K | Jpmorgan Chase & Co | 2024-06-30 | 242.5 K | Northern Trust Corp | 2024-09-30 | 242.3 K | Two Sigma Securities, Llc | 2024-06-30 | 229.9 K | Two Sigma Investments Llc | 2024-06-30 | 226.2 K | Vanguard Group Inc | 2024-09-30 | 3.2 M | Taylor Frigon Capital Management Llc | 2024-09-30 | 2.6 M |
Akoustis Technologies' market capitalization trends
The company currently falls under 'Nano-Cap' category with a current market capitalization of 7.36 M.Market Cap |
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Akoustis Technologies' profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (3.31) | (2.83) | |
| Return On Capital Employed | 7.52 | (2.93) | |
| Return On Assets | (2.41) | (2.83) | |
| Return On Equity | 2.94 | (2.93) |
Determining Akoustis Technologies' profitability involves analyzing its financial statements and using various financial metrics to determine if Akoustis Technologies is a good buy. For example, gross profit margin measures Akoustis Technologies' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Akoustis Technologies' profitability and make more informed investment decisions.
Please note, the imprecision that can be found in Akoustis Technologies' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Akoustis Technologies. Check Akoustis Technologies' Beneish M Score to see the likelihood of Akoustis Technologies' management manipulating its earnings.
Evaluate Akoustis Technologies' management efficiency
Akoustis Technologies has return on total asset (ROA) of (0.3805) % which means that it has lost $0.3805 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (11.5251) %, 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 -2.83 in 2024. Return On Capital Employed is likely to drop to -2.93 in 2024. At this time, Akoustis Technologies' Other Current Assets are comparatively stable compared to the past year. Intangible Assets is likely to gain to about 13.2 M in 2024, whereas Total Assets are likely to drop slightly above 62.4 M in 2024.| Last Reported | Projected for Next Year | ||
| Enterprise Value Over EBITDA | (0.26) | (2,377) | |
| Price Book Value Ratio | (0.19) | 6,961 | |
| Enterprise Value Multiple | (0.26) | (2,377) | |
| Price Fair Value | (0.19) | 6,961 | |
| Enterprise Value | 39.4 M | 64.1 M |
Understanding the operational decisions made by Akoustis Technologies management offers insights into its financial robustness. This evaluation is crucial for assessing the stock's investment potential.
Beta 1.689 |
Basic technical analysis of Akoustis Stock
As of the 23rd of November, Akoustis Technologies shows the Downside Deviation of 8.29, mean deviation of 6.71, and Risk Adjusted Performance of 0.0417. 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. Please confirm Akoustis Technologies coefficient of variation, maximum drawdown, as well as the relationship between the Maximum Drawdown and skewness to decide if Akoustis Technologies is priced correctly, providing market reflects its regular price of 0.0998 per share. As Akoustis Technologies appears to be a penny stock we also recommend to validate its total risk alpha numbers.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' Outstanding Corporate Bonds
Akoustis Technologies issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Akoustis Technologies uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Akoustis bonds can be classified according to their maturity, which is the date when Akoustis Technologies has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| HSBC Holdings PLC Corp BondUS404280DR76 | View | |
| MGM Resorts International Corp BondUS552953CD18 | View | |
| AerCap Global Aviation Corp BondUS00773HAA59 | View |
Understand Akoustis Technologies' technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Akoustis Technologies' various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0417 | |||
| Market Risk Adjusted Performance | (0.57) | |||
| Mean Deviation | 6.71 | |||
| Semi Deviation | 7.89 | |||
| Downside Deviation | 8.29 | |||
| Coefficient Of Variation | 2339.61 | |||
| Standard Deviation | 8.81 | |||
| Variance | 77.62 | |||
| Information Ratio | 0.0303 | |||
| Jensen Alpha | 0.4295 | |||
| Total Risk Alpha | (0.78) | |||
| Sortino Ratio | 0.0322 | |||
| Treynor Ratio | (0.58) | |||
| Maximum Drawdown | 33.45 | |||
| Value At Risk | (13.84) | |||
| Potential Upside | 14.87 | |||
| Downside Variance | 68.64 | |||
| Semi Variance | 62.2 | |||
| Expected Short fall | (7.28) | |||
| Skewness | 0.3699 | |||
| Kurtosis | 0.3996 |
| Risk Adjusted Performance | 0.0417 | |||
| Market Risk Adjusted Performance | (0.57) | |||
| Mean Deviation | 6.71 | |||
| Semi Deviation | 7.89 | |||
| Downside Deviation | 8.29 | |||
| Coefficient Of Variation | 2339.61 | |||
| Standard Deviation | 8.81 | |||
| Variance | 77.62 | |||
| Information Ratio | 0.0303 | |||
| Jensen Alpha | 0.4295 | |||
| Total Risk Alpha | (0.78) | |||
| Sortino Ratio | 0.0322 | |||
| Treynor Ratio | (0.58) | |||
| Maximum Drawdown | 33.45 | |||
| Value At Risk | (13.84) | |||
| Potential Upside | 14.87 | |||
| Downside Variance | 68.64 | |||
| Semi Variance | 62.2 | |||
| Expected Short fall | (7.28) | |||
| Skewness | 0.3699 | |||
| Kurtosis | 0.3996 |
Consider Akoustis Technologies' intraday 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.
| Accumulation Distribution | 8.7 M | |||
| Daily Balance Of Power | (0.01) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 0.097 | |||
| Day Typical Price | 0.0979 | |||
| Price Action Indicator | 0.0027 | |||
| Period Momentum Indicator | (0.0002) | |||
| Relative Strength Index | 9.16 |
Akoustis Stock media impact
Far too much social signal, news, headlines, and media speculation about Akoustis Technologies that are available to investors today. That information is available publicly through Akoustis media outlets and privately through word of mouth or via Akoustis internal channels. However, regardless of the origin, that massive amount of Akoustis data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Akoustis Technologies news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Akoustis Technologies relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Akoustis Technologies' headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Akoustis Technologies alpha.
Akoustis Technologies Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Akoustis Technologies can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Akoustis Technologies Corporate Management
| Mary Winters | Executive Operations | Profile | |
| Colin Hunt | Vice Development | Profile | |
| Kenneth Boller | CFO Controller | Profile | |
| Kamran Cheema | Chief Officer | Profile | |
| Andrew Wright | General Secretary | Profile |
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 Sharpe 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.
Additional 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.