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Acacia Research Corp. (ACTG)
NASDAQ:ACTG
Acacia Research (ACTG) Stock Price & Analysis
242 Followers
ACTG Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$3.43 - $5.47
Previous Close$4.82
Volume64.44K
Average Volume (3M)242.83K
Market Cap
$484.45M
Enterprise Value$106.08M
Total Cash (Recent Filing)$408.98M
Total Debt (Recent Filing)$12.26M
Price to Earnings (P/E)21.7
Beta0.81
Next Earnings
May 09, 2024Last Dividend Ex-Date
Nov 04, 2015Dividend YieldN/A
Share Statistics
EPS (TTM)0.22
Shares Outstanding99,895,473
10 Day Avg. Volume230,523
30 Day Avg. Volume242,827
Standard Deviation0.14
R-Squared0.03
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)0.94
Price to Sales (P/S)3.85
Price to Cash Flow (P/CF)-27.10
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.94
Enterprise Value/Gross Profit0.85
Enterprise Value/Ebitda1.26
Forecast
1Y Price Target
$7.00Price Target Upside44.33% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
Acacia Research News
PremiumCompany Announcements
Acacia Research Expands Energy Assets with Strategic Acquisition
PremiumCompany Announcements
Acacia Research Expands Energy Assets in Texas, OklahomaPremiumCompany Announcements
Acacia Research Appoints Ajay Sundar to Board, Sagal Steps DownPremiumCompany Announcements
Acacia Research Appoints Martin McNulty as Permanent CEO
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
ACTG FAQ
What was Acacia Research Corp.’s price range in the past 12 months?
Acacia Research Corp. lowest stock price was $3.43 and its highest was $5.47 in the past 12 months.
What is Acacia Research Corp.’s market cap?
Currently, no data Available
When is Acacia Research Corp.’s upcoming earnings report date?
Acacia Research Corp.’s upcoming earnings report date is May 09, 2024 which is in 20 days.
How were Acacia Research Corp.’s earnings last quarter?
Acacia Research Corp. released its earnings results on Mar 14, 2024. The company reported $0.75 earnings per share for the quarter, beating the consensus estimate of $0.07 by $0.68.
Is Acacia Research Corp. overvalued?
According to Wall Street analysts Acacia Research Corp.’s price is currently Undervalued.
Does Acacia Research Corp. pay dividends?
Acacia Research Corp. pays a Quarterly dividend of $0.13 which represents an annual dividend yield of N/A. See more information on Acacia Research Corp. dividends here
What is Acacia Research Corp.’s EPS estimate?
Acacia Research Corp.’s EPS estimate is $0.
How many shares outstanding does Acacia Research Corp. have?
Acacia Research Corp. has 99,886,320 shares outstanding.
What happened to Acacia Research Corp.’s price movement after its last earnings report?
Acacia Research Corp. reported an EPS of $0.75 in its last earnings report, beating expectations of $0.07. Following the earnings report the stock price went up 16.834%.
Which hedge fund is a major shareholder of Acacia Research Corp.?
Among the largest hedge funds holding Acacia Research Corp.’s share is Starboard Value LP. It holds Acacia Research Corp.’s shares valued at 240M.
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Acacia Research Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$7.00 (44.33% Upside)
$7.00 (44.33% Upside)
Blogger Sentiment
Bullish
ACTG Sentiment 100%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Increased
By 84.0K Shares
Last Quarter.
Last Quarter.
Technicals
SMA
Positive
20 days / 200 days
Momentum
22.33%
12-Months-Change
Fundamentals
Return on Equity
14.63%
Trailing 12-Months
Asset Growth
31.19%
Trailing 12-Months
Company Description
Acacia Research Corp.
Acacia Research Corp. engages in the acquisition, development, and patents technologies through its subsidiaries. Its operating subsidiaries assist patent owners with the prosecution and development of their patent portfolios, the protection of their patented inventions from unauthorized use, the generation of licensing revenue from users of their patented technologies and, if necessary, with the enforcement against unauthorized users of their patented technologies. The company was founded by Robert Bruce Stewart on January 25, 1993 and is headquartered in Newport Beach, CA.
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ACTG Earnings Call
Q4 2024
0:00 / 0:00
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ACTG Stock 12 Months Forecast
Average Price Target
$7.00
▲(44.33% Upside)
Technical Analysis
Best Analysts Covering ACTG
1 Year
1 Year Success Rate
7/8 ratings generated profit
1 Year Average Return
+30.25%
reiterated a buy rating last month
Copying Anthony Stoss's trades and holding each position for 1 Year would result in 87.50% of your transactions generating a profit, with an average return of +30.25% per trade.
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