NASDAQ:ACIA - Acacia Communications Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Acacia Communications, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $67.10 -0.34 (-0.50 %) (As of 12/12/2019 11:26 AM ET) Add Compare Today's Range$66.82Now: $67.10▼$67.3350-Day Range$64.73MA: $66.34▼$67.4052-Week Range$36.00Now: $67.10▼$67.99Volume4,483 shsAverage Volume393,824 shsMarket Capitalization$2.77 billionP/E Ratio447.33Dividend YieldN/ABeta1.72 ProfileAnalyst RatingsAdvanced ChartEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Share on FacebookShare on TwitterShare on LinkedInShare on RedditShare on StocktwitsPrint this articleShare by Email Acacia Communications, Inc develops, manufactures, and sells high-speed coherent optical interconnect products in the United States, China, Germany, Thailand, and internationally. The company offers embedded and pluggable module products consisting of optical interconnect modules with transmission speeds ranging from 100 to 1,200 gigabits per second for use in long-haul, metro, and inter-data center markets. Read More… Industry, Sector and Symbol Stock Exchange NASDAQ Industry Semiconductors & related devices Sub-IndustryN/A SectorComputer and Technology Current SymbolNASDAQ:ACIA Previous Symbol CUSIPN/A CIK1651235 Webhttp://www.acacia-inc.com/ Phone978-938-4896Debt Debt-to-Equity Ratio0.03 Current Ratio3.91 Quick Ratio3.60Price-To-Earnings Trailing P/E Ratio447.33 Forward P/E Ratio53.25 P/E Growth1.77 Sales & Book Value Annual Sales$339.89 million Price / Sales8.15 Cash Flow$0.50 per share Price / Cash Flow135.28 Book Value$12.43 per share Price / Book5.40Profitability EPS (Most Recent Fiscal Year)$0.15 Net Income$4.92 million Net Margins6.58% Return on Equity8.57% Return on Assets6.89%Miscellaneous Employees386 Outstanding Shares41,270,000Market Cap$2.77 billion Next Earnings Date2/20/2020 (Estimated) OptionableOptionable Receive ACIA News and Ratings via Email Sign-up to receive the latest news and ratings for ACIA and its competitors with MarketBeat's FREE daily newsletter. NASDAQ:ACIA Rates by TradingView Acacia Communications (NASDAQ:ACIA) Frequently Asked Questions What is Acacia Communications' stock symbol? Acacia Communications trades on the NASDAQ under the ticker symbol "ACIA." How were Acacia Communications' earnings last quarter? Acacia Communications, Inc. (NASDAQ:ACIA) released its quarterly earnings results on Wednesday, October, 30th. The technology company reported $0.60 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.44 by $0.16. The technology company earned $119.59 million during the quarter, compared to analysts' expectations of $116.15 million. Acacia Communications had a return on equity of 8.57% and a net margin of 6.58%. View Acacia Communications' Earnings History. When is Acacia Communications' next earnings date? Acacia Communications is scheduled to release their next quarterly earnings announcement on Thursday, February 20th 2020. View Earnings Estimates for Acacia Communications. What price target have analysts set for ACIA? 13 brokerages have issued twelve-month target prices for Acacia Communications' stock. Their forecasts range from $44.00 to $70.00. On average, they expect Acacia Communications' stock price to reach $58.50 in the next year. This suggests that the stock has a possible downside of 12.8%. View Analyst Price Targets for Acacia Communications. What is the consensus analysts' recommendation for Acacia Communications? 13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Acacia Communications in the last year. There are currently 1 sell rating, 10 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Acacia Communications. What are Wall Street analysts saying about Acacia Communications stock? Here are some recent quotes from research analysts about Acacia Communications stock: 1. According to Zacks Investment Research, "Acacia Communications, Inc. designs, develops, manufactures and markets communication equipments. The Company offers coherent optical interconnect products for cloud infrastructure operators and content and communication service providers. It operates primarily in the Americas, Europe, the Middle East, Africa and the Asia Pacific region. Acacia Communications, Inc. is headquartered in Maynard, Massachusetts. " (11/7/2019) 2. Needham & Company LLC analysts commented, "Acacia delivered solid CY4Q18 results and better than expected CY1Q19 guidance. The strong outlook reflects increasing traction with new products including and silicon PIC solutions, customer diversification with a growing number of 10% customers and the full recovery of shipments to ZTE in CY4Q. We believe ACIA’s new products (CFP2 DCO, AC1200 and silicon PIC) will all post meaningful Y/Y revenue growth and drive margin expansion in 2019. However, given ACIA shares are trading near $50 (or an EV/E of ~18.3x our CY20 NG EPS est.) in the pre-market, we believe shares are fully valued and maintain the Hold rating." (2/22/2019) Has Acacia Communications been receiving favorable news coverage? News headlines about ACIA stock have been trending negative recently, InfoTrie Sentiment reports. InfoTrie ranks the sentiment of media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Acacia Communications earned a media sentiment score of -3.0 on InfoTrie's scale. They also gave news stories about the technology company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near term. View News Stories for Acacia Communications. Are investors shorting Acacia Communications? Acacia Communications saw a increase in short interest in the month of November. As of November 29th, there was short interest totalling 2,550,000 shares, an increase of 8.5% from the November 14th total of 2,350,000 shares. Based on an average daily volume of 366,300 shares, the days-to-cover ratio is currently 7.0 days. Approximately 6.7% of the company's shares are short sold. View Acacia Communications' Current Options Chain. Who are some of Acacia Communications' key competitors? Some companies that are related to Acacia Communications include ON Semiconductor (ON), Advantest (ATEYY), Cypress Semiconductor (CY), Monolithic Power Systems (MPWR), IPG Photonics (IPGP), Semiconductor Manufacturing International (SMICY), Mellanox Technologies (MLNX), United Microelectronics (UMC), First Solar (FSLR), Silicon Laboratories (SLAB), SUMCO CORP/ADR (SUOPY), Cree (CREE), Cirrus Logic (CRUS), Solaredge Technologies (SEDG) and Dialog Semiconductor (DLGNF). What other stocks do shareholders of Acacia Communications own? Based on aggregate information from My MarketBeat watchlists, some companies that other Acacia Communications investors own include NVIDIA (NVDA), Micron Technology (MU), Alibaba Group (BABA), Twilio (TWLO), Netflix (NFLX), Broadcom (AVGO), AbbVie (ABBV), Advanced Micro Devices (AMD), Gilead Sciences (GILD) and Adobe (ADBE). Who are Acacia Communications' key executives? Acacia Communications' management team includes the folowing people: Mr. Murugesan Shanmugaraj, Pres, CEO & Director (Age 61)Dr. Benny P. Mikkelsen, Co-Founder, CTO & Director (Age 59)Mr. Christian J. Rasmussen, Co-Founder and VP of Digital Signal Processing & Optics (Age 50)Mr. John F. Gavin, CFO & Treasurer (Age 60)Mr. Mehrdad Givehchi, Co-Founder and VP of Hardware & Software (Age 53) When did Acacia Communications IPO? (ACIA) raised $99 million in an initial public offering on Friday, May 13th 2016. The company issued 4,500,000 shares at a price of $21.00-$23.00 per share. Goldman Sachs, BofA Merrill Lynch and Deutsche Bank Securities served as the underwriters for the IPO and Needham & Company, Cowen and Company and Northland Capital Markets were co-managers. Who are Acacia Communications' major shareholders? Acacia Communications' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include ARP Americas LP (2.57%), State Street Corp (1.86%), Strs Ohio (0.93%), Gabelli Funds LLC (0.48%), Disciplined Growth Investors Inc. MN (0.36%) and GABELLI & Co INVESTMENT ADVISERS INC. (0.27%). Company insiders that own Acacia Communications stock include Benny P Mikkelsen, Bhupendra C Shah, Christian J Rasmussen, Eric L Fisher, Francis J Murphy, John F Gavin, Mehrdad Givehchi, Meridian Venture Partners Ii L, Murugesan Shanmugaraj, Peter Y Chung and Stan J Reiss. View Institutional Ownership Trends for Acacia Communications. Which institutional investors are selling Acacia Communications stock? ACIA stock was sold by a variety of institutional investors in the last quarter, including Squarepoint Ops LLC, Chicago Equity Partners LLC, Patten & Patten Inc. TN, Russell Investments Group Ltd., Patriot Financial Group Insurance Agency LLC, First Quadrant L P CA, Stifel Financial Corp and State of Tennessee Treasury Department. Company insiders that have sold Acacia Communications company stock in the last year include Benny P Mikkelsen, Bhupendra C Shah, Christian J Rasmussen, Eric L Fisher, Francis J Murphy, John F Gavin, Mehrdad Givehchi, Meridian Venture Partners Ii L, Murugesan Shanmugaraj, Peter Y Chung and Stan J Reiss. View Insider Buying and Selling for Acacia Communications. Which institutional investors are buying Acacia Communications stock? ACIA stock was acquired by a variety of institutional investors in the last quarter, including ARP Americas LP, Strs Ohio, Gabelli Funds LLC, GABELLI & Co INVESTMENT ADVISERS INC., Maverick Capital Ltd., SG Americas Securities LLC, Alpine Group USVI LLC and Alpine Group USVI LLC. View Insider Buying and Selling for Acacia Communications. How do I buy shares of Acacia Communications? Shares of ACIA can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab. What is Acacia Communications' stock price today? One share of ACIA stock can currently be purchased for approximately $67.10. How big of a company is Acacia Communications? Acacia Communications has a market capitalization of $2.77 billion and generates $339.89 million in revenue each year. The technology company earns $4.92 million in net income (profit) each year or $0.15 on an earnings per share basis. Acacia Communications employs 386 workers across the globe.View Additional Information About Acacia Communications. What is Acacia Communications' official website? The official website for Acacia Communications is http://www.acacia-inc.com/. How can I contact Acacia Communications? Acacia Communications' mailing address is THREE MILL AND MAIN PLACE SUITE 400, MAYNARD MA, 01754. The technology company can be reached via phone at 978-938-4896 or via email at [email protected] MarketBeat Community Rating for Acacia Communications (NASDAQ ACIA)Community Ranking: 3.0 out of 5 ( )Outperform Votes: 394 (Vote Outperform)Underperform Votes: 256 (Vote Underperform)Total Votes: 650MarketBeat's community ratings are surveys of what our community members think about Acacia Communications and other stocks. Vote "Outperform" if you believe ACIA will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ACIA will underperform the S&P 500 over the long term. You may vote once every thirty days. This page was last updated on 12/12/2019 by MarketBeat.com StaffFeatured Article: What is the float in trading stocks?
