Head-To-Head Contrast: Akoustis Technologies (AKTS) versus Its Peers
Akoustis Technologies (NASDAQ: AKTS) is one of 32 publicly-traded companies in the “Telephone & telegraph apparatus” industry, but how does it compare to its peers? We will compare Akoustis Technologies to similar businesses based on the strength of its valuation, profitability, analyst recommendations, dividends, earnings, risk and institutional ownership.
Risk and Volatility
Akoustis Technologies has a beta of 1.65, suggesting that its stock price is 65% more volatile than the S&P 500. Comparatively, Akoustis Technologies’ peers have a beta of 3.80, suggesting that their average stock price is 280% more volatile than the S&P 500.
This table compares Akoustis Technologies and its peers’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Akoustis Technologies Competitors||-117.18%||-15.32%||-6.42%|
This is a summary of current ratings for Akoustis Technologies and its peers, as reported by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Akoustis Technologies Competitors||258||750||1216||58||2.47|
Akoustis Technologies presently has a consensus price target of $10.00, suggesting a potential upside of 20.05%. As a group, “Telephone & telegraph apparatus” companies have a potential upside of 25.96%. Given Akoustis Technologies’ peers higher possible upside, analysts clearly believe Akoustis Technologies has less favorable growth aspects than its peers.
Earnings and Valuation
This table compares Akoustis Technologies and its peers top-line revenue, earnings per share and valuation.
|Gross Revenue||Net Income||Price/Earnings Ratio|
|Akoustis Technologies||$1.79 million||-$36.14 million||-9.69|
|Akoustis Technologies Competitors||$713.20 million||-$65.36 million||-38.16|
Akoustis Technologies’ peers have higher revenue, but lower earnings than Akoustis Technologies. Akoustis Technologies is trading at a higher price-to-earnings ratio than its peers, indicating that it is currently more expensive than other companies in its industry.
Institutional & Insider Ownership
38.8% of Akoustis Technologies shares are held by institutional investors. Comparatively, 45.2% of shares of all “Telephone & telegraph apparatus” companies are held by institutional investors. 18.0% of Akoustis Technologies shares are held by company insiders. Comparatively, 20.8% of shares of all “Telephone & telegraph apparatus” companies are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.
Akoustis Technologies peers beat Akoustis Technologies on 9 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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