Acacia Res-Acacia ACTG

$4.33 -0.11 (-2.48%)

Valuation

Market cap
422,552,000
Revenue TTM
$285,230,000
Net income TTM
$21,680,000
P/E (trailing)
222.00
P/E (forward)
—
Profit margin
7.60%
Debt to equity
0.11

Trading

Volume
116,800
Avg volume
163,800
Day's range
$4.31 – $4.42
Shares out
97,587,000
Stochastic %K
60%
Beta
0.51
Analysts
Strong Buy
Price target
$6.00

Price

Company profile

Acacia Research Corporation operates as an acquirer and operator of businesses across industrial, energy, and technology sectors in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. It operates through four segments: Intellectual Property Operations, Industrial Operations, Energy Operations, and Manufacturing Operations. The company is involved in investing in IP; and licensing and enforcement of p...

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Acacia Research Corporation operates as an acquirer and operator of businesses across industrial, energy, and technology sectors in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. It operates through four segments: Intellectual Property Operations, Industrial Operations, Energy Operations, and Manufacturing Operations. The company is involved in investing in IP; and licensing and enforcement of patented technologies. It also designs and manufactures printers, including hardware and embedded software, as well as consumable products, such as inked ribbons for various industrial printing applications. In addition, the company acquires, explores, develops, and produces oil and natural gas resources located in Texas and Oklahoma. Further, it designs and manufactures purchase brochure, folder, and applications display holders; plastic injection-molded office supply, as well as arts, crafts, and education products; plastic and aluminum air venting and air control products; extruded vinyl chair mats; safety reflectors for bicycles; and emergency warning triangles, mud flaps, and splash guards for the heavy duty truck market and transportation industry. Acacia Research Corporation was incorporated in 1993 and is headquartered in New York, New York.

Industry
Business Equipment & Supplies
Sector
Industrials
Phone
332 236 8500
Website
https://www.acaciaresearch.com
Address
777 Third Avenue, 26th Floor, Suite 2602, New York, United States

Latest news

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Stocktwits

SJKL Sep 21, 11:53 AM
$ACTG hoping for new settlements regarding WiFi 6 in Q3, following on from the TP Link win announced last quarter.
1 replies
SJKL Aug 25, 3:05 PM
$ACTG remember when Acacia bid $30 a share for CMTL. It's currently trading at under $2 a share. Absolutely diabolical decline.
0 replies
Estimize Aug 18, 10:00 AM
Wall St is expecting -0.10 EPS for $ACTG Q3 [Reporting 11/16 BMO] http://www.estimize.com/intro/actg?chart=historical&metric_name=eps&utm_c
0 replies
shortvolume Aug 7, 8:29 PM
$ACTG Going below $4
0 replies
mashti Aug 7, 7:14 PM
$ACTG it again looks bullish on weekly and daily. Target 6-7$.
1 replies
V9RDPUMA Aug 7, 10:59 AM
$ACTG Only one analyst on the conference call says it all about this pos company. Nobody cares about this worthless Starboard majority owned shell anymore. The only positive outcome for shareholders would be a reverse merger with Starboard.
0 replies
SJKL Aug 6, 7:16 AM
$ACTG Overall I'm disappointed. The only thing that keeps me invested is the cash they are holding onto and the hope they can find a truly transformational acquisition with lots of upside. But I'm not especially optimistic. They seem to be ultra conservative, and although Benchmark was a great pick up both Deflecto and Printronix have beens duds to now.
0 replies
SJKL Aug 6, 7:12 AM
$ACTG Benchmark had a great quarter. That's turned into an excellent acquisition, but Deflecto is the total opposite. Declining revenues and returns. They need to find ways to turn that around as it's it's become a real drag on operational performance and stock price. The less said about Printronix the better. If they could find a buyer I would not mind if they got rid of that even selling it at a loss. The cash from that sake could be utilised for something better. Nothing but dead weight from day one.
1 replies