NasdaqGS - Delayed Quote • USD
Acacia Research Corporation (ACTG)
At close: 4:00 PM EDT
After hours: 4:48 PM EDT
Earnings Estimate
| CURRENCY IN USD | Current Qtr. (Mar 2024) | Next Qtr. (Jun 2024) | Current Year (2024) | Next Year (2025) |
|---|---|---|---|---|
| No. of Analysts | 1 | 1 | 1 | 1 |
| Avg. Estimate | 0 | 0.05 | 0.31 | 0.58 |
| Low Estimate | 0 | 0.05 | 0.31 | 0.58 |
| High Estimate | 0 | 0.05 | 0.31 | 0.58 |
| Year Ago EPS | 0.13 | -0.35 | 0.7 | 0.31 |
Revenue Estimate
| CURRENCY IN USD | Current Qtr. (Mar 2024) | Next Qtr. (Jun 2024) | Current Year (2024) | Next Year (2025) |
|---|---|---|---|---|
| No. of Analysts | 1 | 1 | 1 | 1 |
| Avg. Estimate | 11M | 21M | 91M | 130M |
| Low Estimate | 11M | 21M | 91M | 130M |
| High Estimate | 11M | 21M | 91M | 130M |
| Year Ago Sales | 14.8M | 7.9M | 125.1M | 91M |
| Sales Growth (year/est) | -25.70% | 165.70% | -27.30% | 42.90% |
Earnings History
| CURRENCY IN USD | 3/31/2023 | 6/30/2023 | 9/30/2023 | 12/31/2023 |
|---|---|---|---|---|
| EPS Est. | -0.02 | 0.01 | 0.12 | 0.07 |
| EPS Actual | 0.13 | -0.35 | 0.15 | 0.62 |
| Difference | 0.15 | -0.36 | 0.03 | 0.55 |
| Surprise % | 750.00% | -3,600.00% | 25.00% | 785.70% |
EPS Trend
| CURRENCY IN USD | Current Qtr. (Mar 2024) | Next Qtr. (Jun 2024) | Current Year (2024) | Next Year (2025) |
|---|---|---|---|---|
| Current Estimate | 0 | 0.05 | 0.31 | 0.58 |
| 7 Days Ago | 0 | 0.05 | 0.31 | 0.58 |
| 30 Days Ago | 0 | 0.05 | 0.31 | 0.58 |
| 60 Days Ago | 0.07 | 0.07 | 0.28 | 0 |
| 90 Days Ago | 0.07 | 0.07 | 0.28 | 0 |
EPS Revisions
| CURRENCY IN USD | Current Qtr. (Mar 2024) | Next Qtr. (Jun 2024) | Current Year (2024) | Next Year (2025) |
|---|---|---|---|---|
| Up Last 7 Days | -- | -- | -- | -- |
| Up Last 30 Days | -- | -- | -- | -- |
| Down Last 7 Days | -- | -- | -- | -- |
| Down Last 30 Days | -- | -- | -- | -- |
Growth Estimates
| CURRENCY IN USD | ACTG | Industry | Sector | S&P 500 |
|---|---|---|---|---|
| Current Qtr. | -100.00% | -- | -- | 1.60% |
| Next Qtr. | 114.30% | -- | -- | 10.50% |
| Current Year | -55.70% | -- | -- | 5.20% |
| Next Year | 87.10% | -- | -- | 13.30% |
| Next 5 Years (per annum) | 20.00% | -- | -- | 11.22% |
| Past 5 Years (per annum) | 16.12% | -- | -- | -- |
Research Analysis
Analyst Price Targets
Fair Value
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
Analyst Recommendations
- Strong Buy
- Buy
- Hold
- Underperform
- Sell
Earnings
Upgrades & Downgrades
| Maintains | Craig-Hallum: Buy to Buy | 3/15/2024 |
| Initiated | Craig-Hallum: Buy | 5/22/2020 |
| Maintains | Barclays: Underweight | 7/29/2016 |
| Downgrade | Barclays: Equal-Weight to Underweight | 1/5/2016 |
| Maintains | JP Morgan: Overweight | 2/20/2015 |
| Maintains | Barclays: Equal-Weight | 10/23/2014 |