NASDAQ:ACTG Acacia Research (ACTG) Stock Price, News & Analysis → Elon’s New Device is About to Shock the World (From InvestorPlace) (Ad) Free ACTG Stock Alerts $4.91 -0.02 (-0.41%) (As of 05/2/2024 ET) Add Compare Share Share Today's Range$4.89▼$4.9650-Day Range$3.92▼$5.3752-Week Range$3.43▼$5.47Volume117,614 shsAverage Volume210,719 shsMarket Capitalization$491.10 millionP/E Ratio16.93Dividend YieldN/APrice Target$7.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Acacia Research alerts: Email Address Acacia Research MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside42.6% Upside$7.00 Price TargetShort InterestHealthy0.74% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.26Based on 3 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details 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.3.14 out of 5 starsBusiness Services Sector128th out of 315 stocksPatent Owners & Lessors Industry2nd out of 7 stocks 3.5 Analyst's Opinion Consensus RatingAcacia 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 CoverageAcacia Research has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.74% of the outstanding shares of Acacia Research have been sold short.Short Interest Ratio / Days to CoverAcacia Research has a short interest ratio ("days to cover") of 3.1, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Acacia Research has recently increased by 18.80%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldAcacia Research does not currently pay a dividend.Dividend GrowthAcacia Research does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for ACTG. Previous Next 2.4 News and Social Media Coverage News SentimentAcacia Research has a news sentiment score of 0.26. 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 news sentiment score is similar to the average news sentiment of Business Services companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Acacia Research this week, compared to 1 article on an average week.Search InterestOnly 4 people have searched for ACTG on MarketBeat in the last 30 days. This is a decrease of -69% compared to the previous 30 days.MarketBeat Follows2 people have added Acacia Research to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Acacia Research insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.65% of the stock of Acacia Research is held by insiders.Percentage Held by Institutions86.69% of the stock of Acacia Research is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Acacia Research is 16.93, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 145.46.Price to Earnings Ratio vs. SectorThe P/E ratio of Acacia Research is 16.93, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 19.21.Price to Book Value per Share RatioAcacia Research has a P/B Ratio of 0.83. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Stansberry ResearchUrgent dollar warningYour 2024 Election Money Blueprint Voters are angrier than ever, and it's likely to keep getting worse. The media and Wall Street keep declaring how great the economy supposedly is... but no one – besides the ultra-rich – seems to feel that way. Protect yourself with this one simple move today.Find out for free here. 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.Read More ACTG Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ACTG Stock News HeadlinesMay 2, 2024 | americanbankingnews.comAcacia Research (ACTG) Scheduled to Post Quarterly Earnings on ThursdayApril 30, 2024 | msn.comGum arabic from Africa's acacia trees in the Sahel is used in hundreds of products: What's worth knowingMay 3, 2024 | Priority Gold (Ad)Biden to Launch “FedNOW” [Move Your Money Now]Earlier this year President Biden signed the death warrant for America… Executive Order 14067 will essentially cancel your money. You see Biden and the Fed have teamed up to create a controllable, traceable, programmable digital currency to replace the dollar...April 28, 2024 | americanbankingnews.comAcacia Research Co. (NASDAQ:ACTG) Short Interest UpdateApril 25, 2024 | businesswire.comAcacia Research to Release First Quarter 2024 Financial Results on May 9April 25, 2024 | americanbankingnews.comAcacia Research (NASDAQ:ACTG) Stock Crosses Above 200 Day Moving Average of $4.09April 18, 2024 | markets.businessinsider.comWall Street Favorites: 3 Under-$10 Stocks With Strong Buy Ratings for April 2024April 17, 2024 | finance.yahoo.comAcacia Research Announces Closing of Benchmark Energy’s Transformative Acquisition in the Western Anadarko BasinMay 3, 2024 | Priority Gold (Ad)Biden to Launch “FedNOW” [Move Your Money Now]Earlier this year President Biden signed the death warrant for America… Executive Order 14067 will essentially cancel your money. You see Biden and the Fed have teamed up to create a controllable, traceable, programmable digital currency to replace the dollar...April 17, 2024 | businesswire.comAcacia Research Announces Closing of Benchmark Energy's Transformative Acquisition in the Western Anadarko BasinMarch 28, 2024 | money.usnews.comAcacia Research CorpMarch 17, 2024 | marketwatch.comAcacia Research Shares Up 14% After 4Q ReportMarch 16, 2024 | seekingalpha.comAcacia Research Corporation (ACTG) Q4 2023 Earnings Call TranscriptMarch 15, 2024 | msn.comOption Care warns of financial impact from UnitedHealth hackMarch 15, 2024 | finance.yahoo.comQ4 2023 Acacia Research Corp Earnings CallMarch 14, 2024 | msn.comACTG Stock Earnings: Acacia Research Beats EPS for Q4 2023March 14, 2024 | benzinga.comAcacia Research: Q4 Earnings InsightsMarch 14, 2024 | finance.yahoo.comAcacia Research Corp (ACTG) Reports Significant Revenue Growth and Strategic Acquisitions in Q4 2023March 14, 2024 | businesswire.comAcacia Research Reports Fourth Quarter 2023 Financial ResultsMarch 13, 2024 | msn.comAcacia Research Q4 2023 Earnings PreviewMarch 13, 2024 | benzinga.comEarnings Outlook For Acacia ResearchMarch 13, 2024 | finance.yahoo.comShareholders in Acacia Research (NASDAQ:ACTG) are in the red if they invested three years agoFebruary 29, 2024 | finance.yahoo.comAcacia Research to Release Fourth Quarter and Full Year 2023 Financial Results on March 14February 20, 2024 | wsj.comAcacia Research Corp. - Acacia TechnologiesFebruary 20, 2024 | finance.yahoo.comAcacia Research Expands Oil and Gas Investments Through Benchmark Energy’s Transformative Acquisition in the Western Anadarko BasinFebruary 20, 2024 | businesswire.comAcacia Research Expands Oil and Gas Investments Through Benchmark Energy's Transformative Acquisition in the Western Anadarko BasinFebruary 14, 2024 | msn.comAcacia Research appoints Martin D. Mcnulty jr as permanent CEOSee More Headlines Receive ACTG Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Acacia Research and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings3/14/2024Today5/02/2024Next Earnings (Confirmed)5/09/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorBusiness Services Industry Patent owners & lessors Sub-IndustryResearch & Consulting Services Current SymbolNASDAQ:ACTG CUSIP00388130 CIK934549 Webwww.acaciaresearch.com Phone(332) 236-8500Fax949-480-8301Employees170Year Founded1993Price Target and Rating Average Stock Price Target$7.00 High Stock Price Target$7.00 Low Stock Price Target$7.00 Potential Upside/Downside+42.6%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$0.29 Trailing P/E Ratio16.93 Forward P/E RatioN/A P/E GrowthN/ANet Income$67.06 million Net Margins48.92% Pretax Margin53.90% Return on Equity11.47% Return on Assets9.08% Debt Debt-to-Equity Ratio0.02 Current Ratio20.07 Quick Ratio19.67 Sales & Book Value Annual Sales$125.10 million Price / Sales3.93 Cash Flow$0.51 per share Price / Cash Flow9.63 Book Value$5.90 per share Price / Book0.83Miscellaneous Outstanding Shares100,020,000Free Float98,372,000Market Cap$491.10 million OptionableOptionable Beta0.50 Social Links Beginner's Guide to Pot Stock InvestingClick the link below and we'll send you MarketBeat's guide to pot stock investing and which pot companies show the most promise. Get This Free Report Key ExecutivesMr. Martin D. McNulty Jr. (Age 46)Director, CEO, COO and Head of M&A Comp: $911.88kMr. Jason W. Soncini (Age 47)General Counsel Comp: $662.12kMr. Marc W. Booth (Age 65)VP & Chief Intellectual Property Officer Comp: $649.26kMs. Kirsten Hoover (Age 44)Interim CFO, Principal Accounting Officer & Corporate Controller Robert RasamnyChief Administrative OfficerMs. Irene ByrneVP Human ResourcesMr. Daniel TroyPrincipalJennifer GraffCorporate SecretaryMore ExecutivesKey CompetitorsRadius RecyclingNASDAQ:RDUSSmartRentNYSE:SMRTXperiNASDAQ:XPERBowman Consulting GroupNASDAQ:BWMNWaterdropNYSE:WDHView All CompetitorsInsiders & InstitutionsBNP Paribas Financial MarketsBought 16,735 shares on 5/1/2024Ownership: 0.028%Krilogy Financial LLCBought 200,000 shares on 4/24/2024Ownership: 0.470%Counterpoint Mutual Funds LLCBought 25,574 shares on 4/15/2024Ownership: 0.026%Salem Investment Counselors Inc.Bought 28,664 shares on 4/11/2024Ownership: 0.029%Corsair Capital Management L.P.Bought 15,000 shares on 2/14/2024Ownership: 0.015%View All Insider TransactionsView All Institutional Transactions ACTG Stock Analysis - Frequently Asked Questions Should I buy or sell Acacia Research stock right now? 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Acacia Research in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street 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 brokers have issued 1 year target prices for Acacia Research's shares. Their ACTG share price targets range from $7.00 to $7.00. On average, they predict the company's stock price to reach $7.00 in the next twelve months. This suggests a possible upside of 42.6% 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 stock has increased by 25.3% and is now trading at $4.91. View the best growth stocks for 2024 here. Are investors shorting Acacia Research? Acacia Research saw a increase in short interest in April. As of April 15th, there was short interest totaling 743,600 shares, an increase of 18.8% from the March 31st total of 625,900 shares. Based on an average daily volume of 236,600 shares, the short-interest ratio is currently 3.1 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 can I listen to Acacia Research's earnings call? Acacia Research will be holding an earnings conference call on Thursday, May 9th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link. How were Acacia Research's earnings last quarter? Acacia Research Co. (NASDAQ:ACTG) announced its earnings results on Thursday, March, 14th. The business services provider reported $0.67 earnings per share for the quarter. The business services provider had revenue of $92.31 million for 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 491,608 shares of ACTG stock, representing 9.14% 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 number of retail and institutional investors. Top institutional shareholders include Krilogy Financial LLC (0.47%), Salem Investment Counselors Inc. (0.03%), BNP Paribas Financial Markets (0.03%), Counterpoint Mutual Funds LLC (0.03%) and Concourse Financial Group Securities Inc. (0.00%). 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 5/3/2024 by MarketBeat.com Staff From Our PartnersBiden to Launch “FedNOW” [Move Your Money Now]Priority GoldThe AI stock to buy right nowStockEarningsCould Your Accounts Be Frozen?Allegiance GoldUrgent Nvidia WarningAltimetry$5,000 Gold?Stansberry ResearchBitcoin Rockets To Record High But Buy THIS InsteadParadigm PressThe A.I. story nobody is telling you (Read ASAP)TradeSmithYour bank is lying to you.MyBankTracker Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Acacia Research Co. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
