Acacia Communications is in the communication equipment industry and technology sector. The company CEO is Murugesan Shanmugaraj. Acacia Communications Inc provides optical interconnect products used in communication services industry. It offers sophisticated modules for digital signal processing DSP and optical functions required to process network traffic across the world.
Previous Intraday Performance:
The ACIA shares had a previous change of 0.21% which opened at 47.50 and closed at 47.31. It moved to an intraday high of 48.02 and a low of 47.15.
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Historical Performance:
Over the last five trading days, ACIA shares returned -2.39% and in the past 30 trading days it returned -22.29%. Over three months, it changed 1.55%. In one year it has changed 42.46% and within that year its 52 week high was 62.18 and its 52 week low was 31.42. ACIA stock is 50.57% above its 52 week low.
Our calculations result in a 200 day moving average of 45.55 and a 50 day moving average of 56.14. Right now, ACIA stock is trading 3.86% above its 200 day moving average and may be a good opportunity to buy.
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Liquidity:
The company has a market cap of $1.9b with 40.6m shares outstanding and a float of 37.4m shares. Trading volume was 653,061 shares and has experienced an average volume of 833,309 shares. Our calculation, using the current average volume and close price, leads me to believe that the liquidity is good.
Earnings:
The last annual reported EPS for Acacia Communications was 0.1 which ended on 31st of December 2018, which according to the previous close, that is a PE of 473.10. Based on 6 analyst estimates, the consensus EPS for the next quarter is 0.11. The trailing twelve month EPS reported is 0.35 (trailing twelve month diluted EPS is 0.5), which comes to a trailing twelve month PE of 135.17.
Below was the last reported quarterly diluted earnings per share:
| 1st | Qtr 2019 | 0.17 |
|---|---|---|
| 4th | Qtr 2018 | 0.22 |
| 3rd | Qtr 2018 | 0.19 |
| 2nd | Qtr 2018 | -0.08 |
| 1st | Qtr 2018 | -0.23 |
Base on our calculations, the intrinsic value per share is 26.42, which means it might be overvalued by -79.06%.
The long-term trend of the EPS is a vital number as it helps understand the future potential of Acacia Communications; the EPS growth rate, as it is usually called, is typically displayed as a percentage, which at this time is hard to estimate, but revenue growth has been 3.90% over the last twelve months.
Indicators Also to Watch:
The beta was calculated to be 1.84.
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Fundamental Numbers:
Based on last reported financials, the company’s return on equity is 4.30%, return on assets is 3.52%, profit margin is 5.65%, price-to-sales is 5.15 and price-to-book is 3.70.
Company Score Card:
Results are out of six:
4 : Growth Expectations Result
6 : Financial Safety Result
1 : Past Performance Result
0 : Valuation Result
0 : Dividend Safety Result
2 : Overall Result
Related Tags: Acacia Communications, ACIA, Communication Equipment, Technology
