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

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$2.99 -0.05 (-1.64 %)
(As of 12/14/2018 04:00 PM ET)
Previous Close$2.99
Today's Range$2.96 - $3.0725
52-Week Range$2.85 - $4.43
Volume118,642 shs
Average Volume104,888 shs
Market Capitalization$150.90 million
P/E Ratio1.01
Dividend YieldN/A
Beta1.01
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
Current SymbolNASDAQ:ACTG
Previous Symbol
CUSIP00388130
Phone949-480-8300

Debt

Debt-to-Equity RatioN/A
Current Ratio9.66
Quick Ratio9.66

Price-To-Earnings

Trailing P/E Ratio1.01
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$65.40 million
Price / Sales2.27
Cash Flow$3.3596 per share
Price / Cash Flow0.89
Book Value$5.84 per share
Price / Book0.51

Profitability

EPS (Most Recent Fiscal Year)$2.97
Net Income$22.18 million
Net Margins-237.71%
Return on Equity-21.97%
Return on Assets-20.01%

Miscellaneous

Employees13
Outstanding Shares49,640,000
Market Cap$150.90 million
OptionableOptionable

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 announced that its Board of Directors has approved a stock buyback program on Wednesday, February 14th 2018, which authorizes the company to repurchase $20,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Stock repurchase programs are typically a sign that the company's board of directors believes its stock is undervalued.

How were Acacia Research's earnings last quarter?

Acacia Research Corp (NASDAQ:ACTG) announced its earnings results on Thursday, October, 25th. The business services provider reported $0.11 EPS for the quarter, topping analysts' consensus estimates of ($0.08) by $0.19. The business services provider had revenue of $13.73 million for the quarter, compared to analyst estimates of $5 million. Acacia Research had a negative return on equity of 21.97% and a negative net margin of 237.71%. 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 Tuesday, February 12th 2019. View Earnings Estimates for Acacia Research.

Has Acacia Research been receiving favorable news coverage?

Media headlines about ACTG stock have been trending somewhat positive on Saturday, InfoTrie reports. The research group rates the sentiment of news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Acacia Research earned a daily sentiment score of 1.0 on InfoTrie's scale. They also gave news headlines about the business services provider a news buzz of 9.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the company's share price in the near term.

Are investors shorting Acacia Research?

Acacia Research saw a decrease in short interest in November. As of November 30th, there was short interest totalling 864,628 shares, a decrease of 34.8% from the November 15th total of 1,326,840 shares. Based on an average trading volume of 100,442 shares, the days-to-cover ratio is currently 8.6 days. Currently, 1.8% of the shares of the company are short sold. View Acacia Research's Current Options Chain.

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

Who are Acacia Research's major shareholders?

Acacia Research's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Renaissance Technologies LLC (6.81%), Heartland Advisors Inc. (5.26%), Vanguard Group Inc. (4.53%), Vanguard Group Inc (4.53%), JPMorgan Chase & Co. (2.95%) and JPMorgan Chase & Co. (2.95%). Company insiders that own Acacia Research stock include Alfred Victor Jr Tobia, Clayton J Haynes, Edward Joseph Treska, Frank E Walsh III, G Louis Graziadio III, Marc W Booth and Robert B Stewart Jr. View Institutional Ownership Trends for Acacia Research.

Which major investors are selling Acacia Research stock?

ACTG stock was sold by a variety of institutional investors in the last quarter, including Heartland Advisors Inc., GSA Capital Partners LLP, Alambic Investment Management L.P., Renaissance Technologies LLC, Pacific Ridge Capital Partners LLC, AXA, Macquarie Group Ltd. and TIAA CREF Investment Management LLC. View Insider Buying and Selling for Acacia Research.

Which major investors are buying Acacia Research stock?

ACTG stock was purchased by a variety of institutional investors in the last quarter, including Vanguard Group Inc, Vanguard Group Inc., JPMorgan Chase & Co., JPMorgan Chase & Co., PEAK6 Investments LLC, AQR Capital Management LLC and Leisure Capital Management. Company insiders that have bought Acacia Research stock in the last two years include Alfred Victor Jr Tobia, Clayton J Haynes, Edward Joseph Treska, Frank E Walsh III, G Louis Graziadio III, Marc W Booth and Robert B Stewart Jr. View Insider Buying and Selling for Acacia Research.

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 $2.99.

How big of a company is Acacia Research?

Acacia Research has a market capitalization of $150.90 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:  253 (Vote Outperform)
Underperform Votes:  296 (Vote Underperform)
Total Votes:  549
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 12/15/2018 by MarketBeat.com Staff

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