Acacia Research (NASDAQ:ACTG – Get Free Report) will likely be releasing its Q1 2025 earnings data before the market opens on Thursday, May 8th. Analysts expect the company to announce earnings of ($0.05) per share and revenue of $55.00 million for the quarter.
Acacia Research Price Performance
Acacia Research stock opened at $3.10 on Wednesday. The company’s 50 day simple moving average is $3.33 and its 200-day simple moving average is $4.05. The company has a debt-to-equity ratio of 0.12, a quick ratio of 15.95 and a current ratio of 16.39. Acacia Research has a 1 year low of $2.70 and a 1 year high of $5.74. The company has a market capitalization of $297.39 million, a price-to-earnings ratio of 5.84 and a beta of 0.57.
Analysts Set New Price Targets
Separately, StockNews.com cut Acacia Research from a “hold” rating to a “sell” rating in a research note on Saturday, March 22nd.
About Acacia Research
Acacia is a publicly traded (Nasdaq: ACTG) company that is focused on acquiring and operating businesses across the industrial, energy and technology sectors where it believes it can leverage its expertise, significant capital base, and deep industry relationships to drive value. Acacia evaluates opportunities based on the attractiveness of the underlying cash flows, without regard to a specific investment horizon.
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