Should I buy or sell Acacia Research stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Acacia Research in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" ACTG shares. View ACTG analyst ratings or view top-rated stocks .

What is Acacia Research's stock price target for 2024?

1 brokerages have issued 1-year price targets for Acacia Research's shares. Their ACTG share price targets range from $7.00 to $7.00. On average, they anticipate the company's stock price to reach $7.00 in the next twelve months. This suggests a possible upside of 44.3% from the stock's current price. View analysts price targets for ACTG or view top-rated stocks among Wall Street analysts .

How have ACTG shares performed in 2024?

Acacia Research's stock was trading at $3.92 on January 1st, 2024. Since then, ACTG shares have increased by 23.7% and is now trading at $4.85. View the best growth stocks for 2024 here .

Are investors shorting Acacia Research?

Acacia Research saw a decline in short interest in the month of March. As of March 31st, there was short interest totaling 625,900 shares, a decline of 10.3% from the March 15th total of 698,000 shares. Based on an average daily volume of 226,300 shares, the days-to-cover ratio is presently 2.8 days. View Acacia Research's Short Interest .

When is Acacia Research's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024. View our ACTG earnings forecast .

How were Acacia Research's earnings last quarter?

Acacia Research Co. (NASDAQ:ACTG) announced its quarterly earnings results on Thursday, March, 14th. The business services provider reported $0.67 EPS for the quarter. The business services provider earned $92.31 million during the quarter. Acacia Research had a trailing twelve-month return on equity of 11.47% and a net margin of 48.92%.

What ETF holds Acacia Research's stock?

Formidable ETF holds 511,001 shares of ACTG stock, representing 6.35% of its portfolio.

What other stocks do shareholders of Acacia Research own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Acacia Research investors own include Trevena (TRVN) , Advanced Micro Devices (AMD) , Coeur Mining (CDE) , Extreme Networks (EXTR) , OPKO Health (OPK) , Palatin Technologies (PTN) , Rigel Pharmaceuticals (RIGL) , Arrowhead Pharmaceuticals (ARWR) and Catalyst Pharmaceuticals (CPRX) .

Who are Acacia Research's major shareholders?

Acacia Research's stock is owned by a variety of institutional and retail investors. Top institutional investors include Salem Investment Counselors Inc. (0.03%) and Counterpoint Mutual Funds LLC (0.03%). Insiders that own company stock include Jason W Soncini , Kirsten Hoover, Marc W Booth, Marc W Booth , Martin D Jr Mcnulty and Richard Jay Rosenstein . View institutional ownership trends .

How do I buy shares of Acacia Research?

Shares of ACTG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:ACTG

Acacia Research (ACTG) Stock Price, News & Analysis

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$4.84

+0.02 (+0.41%)

(As of 01:42 PM ET)

Compare

Today's Range: $4.80
▼
$4.96
50-Day Range: $3.92
▼
$5.37
52-Week Range: $3.43
▼
$5.47

Volume: 88,914 shs
Average Volume: 220,023 shs
Market Capitalization: $483.47 million

P/E Ratio: 16.69
Dividend Yield: N/A
Price Target: $7.00

Get Acacia Research alerts:

Acacia Research MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 44.3% Upside
$7.00 Price Target
Short Interest: Healthy
0.63% of Shares Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.90
Based on 5 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.88 out of 5 stars

Business Services Sector

70th out of 311 stocks

Patent Owners & Lessors Industry

2nd out of 8 stocks

3.5

Analyst's Opinion

Consensus Rating
Acacia Research has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
Acacia Research has only been the subject of 1 research reports in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
0.63% of the outstanding shares of Acacia Research have been sold short.
Short Interest Ratio / Days to Cover
Acacia Research has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Acacia Research has recently decreased by 10.33%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Acacia Research does not currently pay a dividend.
Dividend Growth
Acacia Research does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for ACTG.

3.8

News and Social Media Coverage

News Sentiment
Acacia Research has a news sentiment score of 0.90. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.50 average news sentiment score of Business Services companies.
News Coverage This Week
MarketBeat has tracked 5 news articles for Acacia Research this week, compared to 1 article on an average week.
Search Interest
11 people have searched for ACTG on MarketBeat in the last 30 days. This is an increase of 22% compared to the previous 30 days.
MarketBeat Follows
3 people have added Acacia Research to their MarketBeat watchlist in the last 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Acacia Research insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 2.52% of the stock of Acacia Research is held by insiders.
Percentage Held by Institutions
86.69% of the stock of Acacia Research is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Acacia Research is 16.72, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 138.69.
Price to Earnings Ratio vs. Sector
The P/E ratio of Acacia Research is 16.72, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 29.13.
Price to Book Value per Share Ratio
Acacia Research has a P/B Ratio of 0.82. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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About Acacia Research Stock (NASDAQ:ACTG)

Acacia Research Corporation, together with its subsidiaries, invests in intellectual property and related absolute return assets; and engages in the licensing and enforcement of patented technologies. The company operates through three segments, Intellectual Property Operations, Industrial Operations, and Energy Operations. 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 also owns, manufactures, and distributes printers and consumable products through dealers and distributors for various industrial printing applications. In addition, the company offers supply-chain printing solutions for manufacturing, transportation and logistics, retail distribution, food and beverage distribution, and pharmaceutical distribution industries; and line matrix printers for mission critical applications within labeling and inventory management, build sheets, invoicing, manifests and bills of lading, and reporting industries. Further, it involved in the acquisition, production and development of oil and gas assets. Acacia Research Corporation was incorporated in 1993 and is headquartered in New York, New York.

ACTG Stock Price History

30 days | 90 days | 365 days | Advanced Chart

ACTG Stock News Headlines

April 18, 2024 | markets.businessinsider.com

Wall Street Favorites: 3 Under-$10 Stocks With Strong Buy Ratings for April 2024

April 17, 2024 | finance.yahoo.com

Acacia Research Announces Closing of Benchmark Energy’s Transformative Acquisition in the Western Anadarko Basin

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April 17, 2024 | businesswire.com

Acacia Research Announces Closing of Benchmark Energy's Transformative Acquisition in the Western Anadarko Basin

April 15, 2024 | americanbankingnews.com

Acacia Research Co. (NASDAQ:ACTG) Short Interest Update

April 13, 2024 | americanbankingnews.com

Acacia Research (NASDAQ:ACTG) Stock Price Crosses Above 200-Day Moving Average of $4.02

March 28, 2024 | money.usnews.com

Acacia Research Corp

March 17, 2024 | marketwatch.com

Acacia Research Shares Up 14% After 4Q Report

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March 16, 2024 | seekingalpha.com

Acacia Research Corporation (ACTG) Q4 2023 Earnings Call Transcript

March 15, 2024 | msn.com

Option Care warns of financial impact from UnitedHealth hack

March 15, 2024 | finance.yahoo.com

Q4 2023 Acacia Research Corp Earnings Call

March 14, 2024 | msn.com

ACTG Stock Earnings: Acacia Research Beats EPS for Q4 2023

March 14, 2024 | benzinga.com

Acacia Research: Q4 Earnings Insights

March 14, 2024 | finance.yahoo.com

Acacia Research Corp (ACTG) Reports Significant Revenue Growth and Strategic Acquisitions in Q4 2023

March 14, 2024 | businesswire.com

Acacia Research Reports Fourth Quarter 2023 Financial Results

March 13, 2024 | msn.com

Acacia Research Q4 2023 Earnings Preview

March 13, 2024 | benzinga.com

Earnings Outlook For Acacia Research

March 13, 2024 | finance.yahoo.com

Shareholders in Acacia Research (NASDAQ:ACTG) are in the red if they invested three years ago

February 29, 2024 | finance.yahoo.com

Acacia Research to Release Fourth Quarter and Full Year 2023 Financial Results on March 14

February 20, 2024 | wsj.com

Acacia Research Corp. - Acacia Technologies

February 20, 2024 | finance.yahoo.com

Acacia Research Expands Oil and Gas Investments Through Benchmark Energy’s Transformative Acquisition in the Western Anadarko Basin

February 20, 2024 | businesswire.com

Acacia Research Expands Oil and Gas Investments Through Benchmark Energy's Transformative Acquisition in the Western Anadarko Basin

February 14, 2024 | msn.com

Acacia Research appoints Martin D. Mcnulty jr as permanent CEO

February 14, 2024 | finance.yahoo.com

Acacia Research Appoints Martin ("MJ") D. McNulty, Jr. to Board of Directors, Named Permanent CEO

February 14, 2024 | businesswire.com

Acacia Research Appoints Martin (“MJ”) D. McNulty, Jr. to Board of Directors, Named Permanent CEO

December 3, 2023 | seekingalpha.com

Acacia Research: Starting To Execute Its New Strategy - I Remain Bullish

See More Headlines

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Company Calendar

Last Earnings: 3/14/2024
Today: 4/18/2024
Next Earnings (Estimated): 5/09/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Business Services
Industry: Patent owners & lessors
Sub-Industry: Research & Consulting Services
Current Symbol: NASDAQ:ACTG
CUSIP: 00388130
CIK: 934549
Web: www.acaciaresearch.com
Phone: (332) 236-8500
Fax: 949-480-8301
Employees: 170
Year Founded: 1993

Price Target and Rating

Average Stock Price Target: $7.00
High Stock Price Target: $7.00
Low Stock Price Target: $7.00
Potential Upside/Downside: +45.2%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.29
Trailing P/E Ratio: 16.62
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $67.06 million
Net Margins: 48.92%
Pretax Margin: 53.90%
Return on Equity: 11.47%
Return on Assets: 9.08%

Debt

Debt-to-Equity Ratio: 0.02
Current Ratio: 20.07
Quick Ratio: 19.67

Sales & Book Value

Annual Sales: $125.10 million
Price / Sales: 3.85
Cash Flow: $0.49 per share
Price / Cash Flow: 9.79
Book Value: $5.90 per share
Price / Book: 0.82

Miscellaneous

Outstanding Shares: 99,890,000
Free Float: 97,378,000
Market Cap: $481.47 million
Optionable: Optionable
Beta: 0.46

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Key Executives

Mr. Martin D. McNulty Jr. (Age 46)
Director, CEO, COO and Head of M&A
Comp: $911.88k
Mr. Jason W. Soncini (Age 47)
General Counsel
Comp: $662.12k
Mr. Marc W. Booth (Age 65)
VP & Chief Intellectual Property Officer
Comp: $649.26k
Ms. Kirsten Hoover (Age 44)
Interim CFO, Principal Accounting Officer & Corporate Controller
Robert Rasamny
Chief Administrative Officer
Ms. Irene Byrne
VP Human Resources
Mr. Daniel Troy
Principal
Jennifer Graff
Corporate Secretary

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

ACTG Stock Analysis - Frequently Asked Questions

Should I buy or sell Acacia Research stock right now?: 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Acacia Research in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" ACTG shares.
View ACTG analyst ratings or view top-rated stocks.
What is Acacia Research's stock price target for 2024?: 1 brokerages have issued 1-year price targets for Acacia Research's shares. Their ACTG share price targets range from $7.00 to $7.00. On average, they anticipate the company's stock price to reach $7.00 in the next twelve months. This suggests a possible upside of 44.3% from the stock's current price.
View analysts price targets for ACTG or view top-rated stocks among Wall Street analysts.
How have ACTG shares performed in 2024?: Acacia Research's stock was trading at $3.92 on January 1st, 2024. Since then, ACTG shares have increased by 23.7% and is now trading at $4.85.
View the best growth stocks for 2024 here.
Are investors shorting Acacia Research?: Acacia Research saw a decline in short interest in the month of March. As of March 31st, there was short interest totaling 625,900 shares, a decline of 10.3% from the March 15th total of 698,000 shares. Based on an average daily volume of 226,300 shares, the days-to-cover ratio is presently 2.8 days.
View Acacia Research's Short Interest.
When is Acacia Research's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024.
View our ACTG earnings forecast.
How were Acacia Research's earnings last quarter?: Acacia Research Co. (NASDAQ:ACTG) announced its quarterly earnings results on Thursday, March, 14th. The business services provider reported $0.67 EPS for the quarter. The business services provider earned $92.31 million during the quarter. Acacia Research had a trailing twelve-month return on equity of 11.47% and a net margin of 48.92%.

What ETF holds Acacia Research's stock?: Formidable ETF holds 511,001 shares of ACTG stock, representing 6.35% of its portfolio.
What other stocks do shareholders of Acacia Research own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Acacia Research investors own include Trevena (TRVN), Advanced Micro Devices (AMD), Coeur Mining (CDE), Extreme Networks (EXTR), OPKO Health (OPK), Palatin Technologies (PTN), Rigel Pharmaceuticals (RIGL), Arrowhead Pharmaceuticals (ARWR) and Catalyst Pharmaceuticals (CPRX).
Who are Acacia Research's major shareholders?: Acacia Research's stock is owned by a variety of institutional and retail investors. Top institutional investors include Salem Investment Counselors Inc. (0.03%) and Counterpoint Mutual Funds LLC (0.03%). Insiders that own company stock include Jason W Soncini, Kirsten Hoover, Marc W Booth, Marc W Booth, Martin D Jr Mcnulty and Richard Jay Rosenstein.
View institutional ownership trends.
How do I buy shares of Acacia Research?: Shares of ACTG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:ACTG) was last updated on 4/18/2024 by MarketBeat.com Staff

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Acacia Research (ACTG) Stock Price, News & Analysis

Acacia Research MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Acacia Research Stock (NASDAQ:ACTG)

ACTG Stock Price History

ACTG Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Insiders & Institutions

ACTG Stock Analysis - Frequently Asked Questions

Overall MarketRank^™