Acacia Research Corporation is part of the business services industry and industrials sector. The company CEO is Marc W. Booth. Acacia Research Corporation is an intermediary in the patent marketplace, facilitating efficiency and delivering monetary rewards to patent owners.



Previous Intraday Performance:

The ACTG shares had a previous change of -0.64% which opened at 3.15 and closed at 3.12. It moved to an intraday high of 3.16 and a low of 3.08.

SeekingAlpha:  Acacia Research: Insider Purchasing Signals Short-Term Trading Opportunity

Historical Performance:

Over the last five trading days, ACTG shares returned -5.17% and in the past 30 trading days it returned 2.63%. Over three months, it changed 1.96%. In one year it has changed -5.45% and within that year its 52-week high was 4.40 and its 52-week low was 2.75. ACTG stock is 13.45% above its 52 Week Low.

Our calculations result in a 200 day moving average of 3.33 and a 50 day moving average of 3.14. Right now, ACTG stock is trading -6.31% below its 200 day moving average and may not be a great opportunity to buy as it may continue to trend down.

SeekingAlpha:  Acacia Research: Insider Purchasing Signals Short-Term Trading Opportunity

Liquidity:

The company has a market cap of $154.9m with 49.6m shares outstanding and a float of 45.7m shares. Trading volume was 65,930 shares and has experienced an average volume of 189,574 shares. Our calculation, using the current average volume and close price, leads me to believe that the liquidity is bad, highly speculative and an investor may want to avoid this stock.

Earnings:

The last annual reported EPS for Acacia Research Corporation was -2.1 which ended on 31st of December 2018.

Base on our calculations, the intrinsic value per share is 3.79, which means it might be undervalued and has a margin of safety of 17.63%

The next earnings report will be: 05-08-2019

The growth of the EPS is critical in understanding the current valuation of Acacia Research Corporation; it is usually expressed as a percentage and is then referred to as the EPS growth rate, which at this time is hard to estimate, but revenue growth has been 104.00% over the last twelve months.



Indicators Also to Watch:

Based on the latest filings, there is 7.80% of insider ownership and 87.40% of institutional ownership.

I calculated the beta to be 0.84

SeekingAlpha:  Quick And Dirty mREIT Discounts

Fundamental Numbers:

Based on last reported financials, the company’s return on equity is -43.43%, return on assets is -39.43%, price-to-sales is 2.25 and price-to-book is 0.82.

Company Score Card:

Results are out of six:
 0  : Growth Expectations Result
 6  : Financial Safety Result
 0  : Past Performance Result
 1  : Valuation Result
 0  : Dividend Safety Result
 1  : Overall Result

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Jake McWilliams
I am an independent trader, analyst and algorithmic trading expert, having worked both for the sell side (brokerage) and the buy side (fund administration). I have been trading professionally for about 20 years. I trade stocks and forex and I play both long and short positions in underlying asset or through options. I have experience with discretionary and fully automated systems (Metatrader and Quantshare).

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