Akoustis Technologies (AKTS) vs. Its Rivals Critical Analysis

Akoustis Technologies (NASDAQ: AKTS) is one of 28 public companies in the “Telephone & telegraph apparatus” industry, but how does it weigh in compared to its competitors? We will compare Akoustis Technologies to similar businesses based on the strength of its earnings, analyst recommendations, risk, dividends, valuation, institutional ownership and profitability.

Valuation & Earnings

This table compares Akoustis Technologies and its competitors gross revenue, earnings per share (EPS) and valuation.

Gross Revenue Net Income Price/Earnings Ratio
Akoustis Technologies $1.79 million -$36.14 million -9.33
Akoustis Technologies Competitors $713.20 million -$65.36 million -40.24

Akoustis Technologies’ competitors have higher revenue, but lower earnings than Akoustis Technologies. Akoustis Technologies is trading at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.

Risk and Volatility

Akoustis Technologies has a beta of 1.65, meaning that its share price is 65% more volatile than the S&P 500. Comparatively, Akoustis Technologies’ competitors have a beta of 4.26, meaning that their average share price is 326% more volatile than the S&P 500.

Analyst Recommendations

This is a breakdown of current ratings and price targets for Akoustis Technologies and its competitors, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Akoustis Technologies 0 1 3 0 2.75
Akoustis Technologies Competitors 256 748 1213 58 2.47

Akoustis Technologies presently has a consensus target price of $10.00, indicating a potential upside of 24.69%. As a group, “Telephone & telegraph apparatus” companies have a potential upside of 22.19%. Given Akoustis Technologies’ stronger consensus rating and higher possible upside, equities analysts clearly believe Akoustis Technologies is more favorable than its competitors.

Institutional and Insider Ownership

38.8% of Akoustis Technologies shares are owned by institutional investors. Comparatively, 45.2% of shares of all “Telephone & telegraph apparatus” companies are owned by institutional investors. 18.0% of Akoustis Technologies shares are owned by insiders. Comparatively, 20.8% of shares of all “Telephone & telegraph apparatus” companies are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

Profitability

This table compares Akoustis Technologies and its competitors’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Akoustis Technologies -2,018.99% -81.49% -47.51%
Akoustis Technologies Competitors -117.18% -15.32% -6.42%

Summary

Akoustis Technologies competitors beat Akoustis Technologies on 8 of the 13 factors compared.

Akoustis Technologies Company Profile

Akoustis Technologies, Inc., through its subsidiary, Akoustis, Inc., develops, designs, manufactures, and sells radio frequency (RF) filter products for the mobile wireless device industries in the United States. The company operates through two segments, Foundry Fabrication Services and RF Filters. The Foundry Fabrication Services segment provides engineering review services; and smart systems technology and commercialization center foundry, as well as manufacturing and microelectromechanical systems foundry services. The RF Filters segment consists of amplifier and filter products. It offers RF filters for mobile wireless devices, such as smartphones and tablets, cellular infrastructure equipment, and Wi-Fi premise equipment. The company was founded in 2014 and is headquartered in Huntersville, North Carolina.

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