NASDAQ:ACTG - Acacia Research Stock Price, News, & Analysis

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$3.05 -0.07 (-2.24 %)
(As of 10/18/2018 03:06 AM ET)
Previous Close$3.12
Today's Range$3.05 - $3.14
52-Week Range$3.00 - $4.70
Volume68,869 shs
Average Volume221,748 shs
Market Capitalization$158.38 million
P/E Ratio1.03
Dividend YieldN/A
Beta0.94
Acacia Research Corporation, together with its subsidiaries, invests in, licenses, and enforces patented technologies. It assists patent owners with the prosecution and development of their patent portfolios; protection of their patented inventions from unauthorized use; generation of licensing revenue from users of their patented technologies; and enforcement against unauthorized users of their patented technologies through the filing of patent infringement litigation. The company owns or controls the rights to various patent portfolios, which include U.S. patents and foreign counterparts covering technologies used in a range of industries. It has executed approximately 1,550 license agreements and 193 patent portfolio licensing and enforcement programs. Acacia Research Corporation was founded in 1992 and is headquartered in Newport Beach, California.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Patent owners & lessors
Sub-IndustryResearch & Consulting Services
SectorBusiness Services
SymbolNASDAQ:ACTG
CUSIP00388130
Phone949-480-8300

Debt

Debt-to-Equity RatioN/A
Current Ratio10.57
Quick Ratio10.57

Price-To-Earnings

Trailing P/E Ratio1.03
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$65.40 million
Price / Sales2.31
Cash Flow$3.2447 per share
Price / Cash0.94
Book Value$5.84 per share
Price / Book0.52

Profitability

EPS (Most Recent Fiscal Year)$2.97
Net Income$22.18 million
Net Margins-11.23%
Return on Equity46.49%
Return on Assets42.39%

Miscellaneous

Employees13
Outstanding Shares49,490,000
Market Cap$158.38 million

Acacia Research (NASDAQ:ACTG) Frequently Asked Questions

What is Acacia Research's stock symbol?

Acacia Research trades on the NASDAQ under the ticker symbol "ACTG."

How will Acacia Research's stock buyback program work?

Acacia Research declared that its Board of Directors has authorized a stock repurchase plan on Wednesday, February 14th 2018, which permits the company to buyback $20,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to buy shares of its stock through open market purchases. Shares buyback plans are generally an indication that the company's management believes its stock is undervalued.

How were Acacia Research's earnings last quarter?

Acacia Research Corp (NASDAQ:ACTG) posted its quarterly earnings results on Wednesday, August, 8th. The business services provider reported ($0.10) EPS for the quarter, missing the consensus estimate of ($0.08) by $0.02. The business services provider earned $6.49 million during the quarter, compared to analysts' expectations of $5 million. Acacia Research had a negative net margin of 11.23% and a positive return on equity of 46.49%. The firm's quarterly revenue was down 60.6% compared to the same quarter last year. During the same period in the prior year, the company earned ($0.14) EPS. View Acacia Research's Earnings History.

When is Acacia Research's next earnings date?

Acacia Research is scheduled to release their next quarterly earnings announcement on Thursday, October 25th 2018. View Earnings Estimates for Acacia Research.

How can I listen to Acacia Research's earnings call?

Acacia Research will be holding an earnings conference call on Thursday, October 25th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8002399838.

What price target have analysts set for ACTG?

1 equities research analysts have issued 1-year price targets for Acacia Research's stock. Their forecasts range from $5.00 to $5.00. On average, they anticipate Acacia Research's share price to reach $5.00 in the next twelve months. This suggests a possible upside of 63.9% from the stock's current price. View Analyst Price Targets for Acacia Research.

What is the consensus analysts' recommendation for Acacia Research?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Acacia Research in the last year. There are currently 1 sell rating for the stock, resulting in a consensus recommendation of "Sell." View Analyst Ratings for Acacia Research.

Who are some of Acacia Research's key competitors?

Who are Acacia Research's key executives?

Acacia Research's management team includes the folowing people:
  • Mr. Clayton J. Haynes, Consultant (Age 48)
  • Mr. Edward J. Treska, Consultant (Age 52)
  • Mr. Marc W. Booth, Chief Intellectual Property Officer (Age 59)
  • Mr. Phillip Mitchell Ph.D., Sr. VP - Engineering
  • Mr. Darren Miller, Sr. VP of Contracts - Legal

How do I buy shares of Acacia Research?

Shares of ACTG 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, Scottrade, Fidelity and Charles Schwab.

What is Acacia Research's stock price today?

One share of ACTG stock can currently be purchased for approximately $3.05.

How big of a company is Acacia Research?

Acacia Research has a market capitalization of $158.38 million and generates $65.40 million in revenue each year. The business services provider earns $22.18 million in net income (profit) each year or $2.97 on an earnings per share basis. Acacia Research employs 13 workers across the globe.

What is Acacia Research's official website?

The official website for Acacia Research is http://www.acaciaresearch.com.

How can I contact Acacia Research?

Acacia Research's mailing address is 520 NEWPORT CENTER DRIVE 12TH FLOOR, NEWPORT BEACH CA, 92660. The business services provider can be reached via phone at 949-480-8300 or via email at [email protected]


MarketBeat Community Rating for Acacia Research (NASDAQ ACTG)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  249 (Vote Outperform)
Underperform Votes:  290 (Vote Underperform)
Total Votes:  539
MarketBeat's community ratings are surveys of what our community members think about Acacia Research and other stocks. Vote "Outperform" if you believe ACTG will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ACTG will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 10/18/2018 by MarketBeat.com Staff

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