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 $66.70 -0.48 (-0.71 %) (As of 04/1/2020 04:00 PM ET) Add Compare Today's Range$65.30Now: $66.70▼$67.5250-Day Range$62.38MA: $67.11▼$68.8552-Week Range$44.38Now: $66.70▼$69.00Volume1.24 million shsAverage Volume575,116 shsMarket Capitalization$2.78 billionP/E Ratio86.62Dividend YieldN/ABeta1.48 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. It also provides semiconductor products, such as low-power coherent digital signal processor application-specific integrated circuits and silicon photonic integrated circuits that are integrated into embedded and pluggable modules. The company sells its products through a direct sales force to network equipment manufacturers, network operators, and cloud service providers. Acacia Communications, Inc. was founded in 2009 and is headquartered in Maynard, Massachusetts.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 Ratio4.26 Quick Ratio3.90Price-To-Earnings Trailing P/E Ratio86.62 Forward P/E Ratio58.51 P/E Growth1.97 Sales & Book Value Annual Sales$464.66 million Price / Sales5.97 Cash Flow$1.50 per share Price / Cash Flow44.45 Book Value$14.02 per share Price / Book4.76Profitability EPS (Most Recent Fiscal Year)$1.18 Net Income$32.84 million Net Margins7.07% Return on Equity8.59% Return on Assets6.84%Miscellaneous Employees386 Outstanding Shares41,609,000Market Cap$2.78 billion Next Earnings Date5/7/2020 (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 How has Acacia Communications' stock been impacted by COVID-19 (Coronavirus)? Acacia Communications' stock was trading at $66.21 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, ACIA stock has increased by 0.7% and is now trading at $66.70. View which stocks have been mosted impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Acacia Communications? 9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Acacia Communications in the last year. There are currently 8 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Acacia Communications. When is Acacia Communications' next earnings date? Acacia Communications is scheduled to release its next quarterly earnings announcement on Thursday, May 7th 2020. View our earnings forecast for Acacia Communications. How were Acacia Communications' earnings last quarter? Acacia Communications, Inc. (NASDAQ:ACIA) posted its earnings results on Tuesday, February, 18th. The technology company reported $0.48 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.57 by $0.09. The technology company earned $128.67 million during the quarter, compared to the consensus estimate of $126.71 million. Acacia Communications had a return on equity of 8.59% and a net margin of 7.07%. View Acacia Communications' earnings history. What price target have analysts set for ACIA? 9 equities research analysts have issued twelve-month target prices for Acacia Communications' shares. Their forecasts range from $56.60 to $70.00. On average, they anticipate Acacia Communications' stock price to reach $65.30 in the next twelve months. This suggests that the stock has a possible downside of 2.1%. View analysts' price targets for Acacia Communications. Has Acacia Communications been receiving favorable news coverage? News coverage about ACIA stock has trended somewhat positive on Wednesday, InfoTrie reports. InfoTrie rates the sentiment of media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Acacia Communications earned a news sentiment score of 0.6 on InfoTrie's scale. They also assigned news coverage about the technology company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the next several days. View the latest news aboutAcacia Communications. Are investors shorting Acacia Communications? Acacia Communications saw a drop in short interest in March. As of March 13th, there was short interest totaling 3,124,300 shares, a drop of 9.4% from the February 27th total of 3,450,000 shares. Based on an average daily trading volume, of 786,200 shares, the short-interest ratio is presently 4.0 days. Approximately 8.2% of the company's stock are sold short. View Acacia Communications' Current Options Chain. Who are some of Acacia Communications' key competitors? Some companies that are related to Acacia Communications include Qorvo (QRVO), Cypress Semiconductor (CY), ASE Technology (ASX), Semiconductor Manufacturing International (SMICY), Advantest (ATEYY), Monolithic Power Systems (MPWR), Mellanox Technologies (MLNX), IPG Photonics (IPGP), ON Semiconductor (ON), United Microelectronics (UMC), Solaredge Technologies (SEDG), Cree (CREE), Enphase Energy (ENPH), SUMCO CORP/ADR (SUOPY) and Cirrus Logic (CRUS). 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), Netflix (NFLX), Twilio (TWLO), Broadcom (AVGO), Gilead Sciences (GILD), Advanced Micro Devices (AMD), AbbVie (ABBV) and Adobe (ADBE). Who are Acacia Communications' key executives? Acacia Communications' management team includes the following 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 IPO 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. What is Acacia Communications' stock symbol? Acacia Communications trades on the NASDAQ under the ticker symbol "ACIA." 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 $66.70. How big of a company is Acacia Communications? Acacia Communications has a market capitalization of $2.78 billion and generates $464.66 million in revenue each year. The technology company earns $32.84 million in net income (profit) each year or $1.18 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: 415 (Vote Outperform)Underperform Votes: 286 (Vote Underperform)Total Votes: 701MarketBeat'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 4/1/2020 by MarketBeat.com StaffFeatured Article: Why is momentum important to successful trading?
