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NASDAQ:ACTG

Acacia Research (ACTG) Stock Price, News & Analysis

$4.69
-0.04 (-0.85%)
(As of 09/6/2024 ET)
Today's Range
$4.68
$4.76
50-Day Range
$4.48
$5.62
52-Week Range
$3.43
$5.74
Volume
274,481 shs
Average Volume
251,810 shs
Market Capitalization
$469.10 million
P/E Ratio
13.03
Dividend Yield
N/A
Price Target
$7.00

Acacia Research MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
49.3% Upside
$7.00 Price Target
Short Interest
Healthy
0.79% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
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.

3.04 out of 5 stars

Business Services Sector

137th out of 303 stocks

Patent Owners & Lessors Industry

3rd out of 5 stocks

ACTG stock logo

About Acacia Research Stock (NASDAQ:ACTG)

Acacia is a publicly traded (Nasdaq: ACTG) company that is focused on acquiring and operating businesses across the industrial, energy and technology sectors where it believes it can leverage its expertise, significant capital base, and deep industry relationships to drive value. Acacia evaluates opportunities based on the attractiveness of the underlying cash flows, without regard to a specific investment horizon. Acacia operates its businesses based on three key principles of people, process, and performance and has built a management team with demonstrated expertise in research, transactions and execution, and operations and management.

ACTG Stock Price History

ACTG Stock News Headlines

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

Last Earnings
8/08/2024
Today
9/07/2024
Next Earnings (Estimated)
11/11/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Patent owners & lessors
Sub-Industry
Research & Consulting Services
Current Symbol
NASDAQ:ACTG
Previous Symbol
NASDAQ:ACTG
CUSIP
00388130
Employees
290
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
+49.3%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$67.06 million
Pretax Margin
38.50%

Debt

Sales & Book Value

Annual Sales
$152.55 million
Cash Flow
$0.49 per share
Book Value
$5.95 per share

Miscellaneous

Free Float
98,372,000
Market Cap
$469.10 million
Optionable
Optionable
Beta
0.52

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ACTG Stock Analysis - Frequently Asked Questions

How have ACTG shares performed this year?

Acacia Research's stock was trading at $3.92 at the beginning of the year. Since then, ACTG shares have increased by 19.6% and is now trading at $4.69.
View the best growth stocks for 2024 here
.

How were Acacia Research's earnings last quarter?

Acacia Research Co. (NASDAQ:ACTG) posted its quarterly earnings data on Thursday, August, 8th. The business services provider reported ($0.02) EPS for the quarter. The business services provider earned $25.84 million during the quarter. Acacia Research had a net margin of 44.42% and a trailing twelve-month return on equity of 12.00%.

Who are Acacia Research's major shareholders?

Acacia Research's top institutional investors include Dimensional Fund Advisors LP (1.77%), Renaissance Technologies LLC (1.51%), Pacific Ridge Capital Partners LLC (1.02%) and Krilogy Financial LLC (0.81%). Insiders that own company stock include Jason W Soncini, Martin D Jr Mcnulty, Kirsten Hoover, Marc W Booth 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.

What other stocks do shareholders of Acacia Research own?

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

This page (NASDAQ:ACTG) was last updated on 9/7/2024 by MarketBeat.com Staff

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