Acacia Research Corporation (ACTG)

NASDAQ: ACTG · IEX Real-Time Price · USD
5.28
0.00 (0.00%)
At close: Mar 28, 2024, 4:00 PM
5.35
+0.07 (1.33%)
After-hours: Mar 28, 2024, 5:57 PM EDT

Total Valuation

ACTG has a market cap or net worth of $527.45 million. The enterprise value is $99.80 million.

Market Cap 527.45M
Enterprise Value 99.80M

Important Dates

The last earnings date was Thursday, March 14, 2024, after market close.

Earnings Date Mar 14, 2024
Ex-Dividend Date n/a

Share Statistics

ACTG has 99.89 million shares outstanding. The number of shares has increased by 117.64% in one year.

Shares Outstanding 99.89M
Shares Change (YoY) +117.64%
Shares Change (QoQ) -6.77%
Owned by Insiders (%) 2.05%
Owned by Institutions (%) 87.24%
Float 37.16M

Valuation Ratios

The trailing PE ratio is 9.19.

PE Ratio 9.19
Forward PE n/a
PS Ratio 4.22
Forward PS 10.77
PB Ratio 0.93
P/FCF Ratio n/a
PEG Ratio 10.50
Financial Ratio History

Enterprise Valuation

EV / Earnings 1.81
EV / Sales 0.80
EV / EBITDA 1.21
EV / EBIT 1.48
EV / FCF n/a

Financial Position

The company has a current ratio of 20.07, with a Debt / Equity ratio of 0.02.

Current Ratio 20.07
Quick Ratio 18.83
Debt / Equity 0.02
Debt / EBITDA 0.15
Debt / FCF n/a
Interest Coverage 34.97

Financial Efficiency

Return on equity (ROE) is 12.80% and return on invested capital (ROIC) is 3.69%.

Return on Equity (ROE) 12.80%
Return on Assets (ROA) 9.80%
Return on Capital (ROIC) 3.69%
Revenue Per Employee $735,894
Profits Per Employee $324,353
Employee Count 170
Asset Turnover 0.22
Inventory Turnover 4.20

Taxes

Income Tax -1.50M
Effective Tax Rate -2.80%

Stock Price Statistics

The stock price has increased by +36.67% in the last 52 weeks. The beta is 0.43, so ACTG's price volatility has been lower than the market average.

Beta (1Y) 0.43
52-Week Price Change +36.67%
50-Day Moving Average 4.25
200-Day Moving Average 3.92
Relative Strength Index (RSI) 84.44
Average Volume (30 Days) 215,503

Short Selling Information

The latest short interest is 697,956, so 0.70% of the outstanding shares have been sold short.

Short Interest 697,956
Short Previous Month 676,342
Short % of Shares Out 0.70%
Short % of Float 1.88%
Short Ratio (days to cover) 3.83

Income Statement

In the last 12 months, ACTG had revenue of $125.10 million and earned $55.14 million in profits. Earnings per share was $0.58.

Revenue 125.10M
Gross Profit 72.27M
Operating Income 20.94M
Pretax Income 65.56M
Net Income 55.14M
EBITDA 82.21M
EBIT 67.49M
Earnings Per Share (EPS) $0.58
Full Income Statement

Balance Sheet

The company has $439.91 million in cash and $12.26 million in debt, giving a net cash position of $427.65 million or $4.28 per share.

Cash & Cash Equivalents 439.91M
Total Debt 12.26M
Net Cash 427.65M
Net Cash Per Share $4.28
Equity / Book Value 568.27M
Book Value Per Share 5.69
Working Capital 526.88M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -$22.51 million and capital expenditures -$189,000, giving a free cash flow of -$22.70 million.

Operating Cash Flow -22.51M
Capital Expenditures -189,000
Free Cash Flow -22.70M
FCF Per Share -$0.30
Full Cash Flow Statement

Margins

Gross margin is 57.77%, with operating and profit margins of 16.74% and 44.08%.

Gross Margin 57.77%
Operating Margin 16.74%
Pretax Margin 52.40%
Profit Margin 44.08%
EBITDA Margin 65.72%
EBIT Margin 53.94%
FCF Margin -18.14%

Dividends & Yields

ACTG does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield -117.64%
Shareholder Yield -117.64%
Earnings Yield 10.45%
FCF Yield -4.30%
Dividend Details

Analyst Forecast

The average price target for ACTG is $7.00, which is 32.58% higher than the current price. The consensus rating is "Strong Buy".

Price Target $7.00
Price Target Difference 32.58%
Analyst Consensus Strong Buy
Analyst Count 1
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

The last stock split was on November 19, 2001. It was a forward split with a ratio of 11:10.

Last Split Date Nov 19, 2001
Split Type Forward
Split Ratio 11:10

Scores

ACTG has an Altman Z-Score of 8.22 and a Piotroski F-Score of 5.

Altman Z-Score 8.22
Piotroski F-Score 5