Acorn Energy (ACFN) Stock Price, News & Analysis

Company Overview

Acorn Energy, Inc., together with its subsidiaries, develops and markets wireless remote monitoring and control systems for various markets in the United States and internationally. It operates in two segments, Power Generation (PG) Monitoring and Cathodic Protection (CP) Monitoring. The PG segment provides wireless remote monitoring and control systems, and services for critical assets, which include stand-by power generators, pumps, pumpjacks, light towers, turbines, compressors, fire pumps, and other industrial equipment; and Internet of Things applications. The CP segment offers remote monitoring and control products for cathodic protection systems utilized in gas pipelines for gas utilities market and pipeline operators. The company was incorporated in 1986 and is based in Wilmington, Delaware.

Key Stats

• Today's Range: $17.67 to $18.00
• 50-Day Range: $10.91 to $19.25
• 52-Week Range: $5.76 to $19.35
• Volume: 2,337 shs
• Average Volume: 3,168 shs
• Market Capitalization: $44.78 million
• P/E Ratio: 39.13
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Acorn Energy Stock Analysis - MarketRank™

Acorn Energy scored higher than 44% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Acorn Energy.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Acorn Energy is 39.13, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.29.

Price to Earnings Ratio vs. Sector

The P/E ratio of Acorn Energy is 39.13, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 238.11.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.01% of the outstanding shares of Acorn Energy have been sold short.

Short Interest Ratio / Days to Cover

Acorn Energy has a short interest ratio ("days to cover") of 0, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Acorn Energy has recently decreased by 40.00%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.8 / 5
• Dividend Strength: Weak

Dividend Yield

Acorn Energy does not currently pay a dividend.

Dividend Growth

Acorn Energy does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Acorn Energy is 30.43%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.01% of the outstanding shares of Acorn Energy have been sold short.

Short Interest Ratio / Days to Cover

Acorn Energy has a short interest ratio ("days to cover") of 0, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Acorn Energy has recently decreased by 40.00%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.2 / 5
• News Sentiment: N/A

News Sentiment

Acorn Energy has a news sentiment score of 0.95. 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 0.64 average news sentiment score of Computer and Technology companies.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Acorn Energy insiders have not sold or bought any company stock.

Percentage Held by Insiders

34.98% of the stock of Acorn Energy is held by insiders. A high percentage of insider ownership can be a sign of company health.

ACFN Stock Analysis - Frequently Asked Questions

How have ACFN shares performed this year?

Acorn Energy's stock was trading at $6.09 at the start of the year. Since then, ACFN shares have increased by 195.6% and is now trading at $18.00.
View the best growth stocks for 2024 here.

How were Acorn Energy's earnings last quarter?

Acorn Energy, Inc. (OTCMKTS:ACFN) issued its earnings results on Wednesday, May, 13th. The technology company reported ($0.16) EPS for the quarter. The technology company had revenue of $1.34 million for the quarter. Acorn Energy had a net margin of 11.80% and a negative trailing twelve-month return on equity of 275.24%.

When did Acorn Energy's stock split?

Shares of Acorn Energy reverse split before market open on Friday, September 8th 2023. The 1-16 reverse split was announced on Friday, September 8th 2023. The number of shares owned by shareholders was adjusted after the market closes on Friday, September 8th 2023. An investor that had 100 shares of stock prior to the reverse split would have 6 shares after the split.

How do I buy shares of Acorn Energy?

Shares of ACFN 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 Acorn Energy own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Acorn Energy investors own include XTI Aerospace (XTIA), Cosmos Health (COSM), InterCloud Systems (ICLD), FuelCell Energy (FCEL), Iteris (ITI), Precipio (PRPO) and Energy Fuels (UUUU).

Company Calendar

• Last Earnings: 5/13/2020
• Today: 12/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Computer and Technology
• Industry: Engineering services
• Sub-Industry: Environmental & Facilities Services
• Current Symbol: OTCMKTS:ACFN
• CUSIP: 00484810
• CIK: 880984
• Web: www.acornenergy.com
• Phone: (410) 654-3315
• Fax: 203-624-7003
• Employees: 20
• Year Founded: 1986

Profitability

• EPS (Most Recent Fiscal Year): $0.46
• Trailing P/E Ratio: 39.13
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $120,000.00
• Net Margins: 11.80%
• Pretax Margin: 12.78%
• Return on Equity: -275.24%
• Return on Assets: 22.34%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.07
• Quick Ratio: 0.91

Sales & Book Value

• Annual Sales: $8.06 million
• Price / Sales: 5.56
• Cash Flow: $0.11 per share
• Price / Cash Flow: 162.18
• Book Value: ($0.33) per share
• Price / Book: -54.55

Miscellaneous

• Outstanding Shares: 2,488,000
• Free Float: 1,618,000
• Market Cap: $44.78 million
• Optionable: Not Optionable
• Beta: 0.69