Acacia Research- Acacia Technologies is a NASDAQ listed security that has been trading in a range between $9.31 and $16.84 over the past year. With 28,470,090 shares outstanding, a recent price of $15.31 gives a total market capitalization of $431,891,267. While there are certainly larger companies, Acacia Research- Acacia Technologies has definitely earned its place in the pack. Last year, Acacia Research- Acacia Technologies created $0.03 in earnings for every share outstanding.
Acacia Research- Acacia Technologies is currently priced by the market at 484.50 times last year’s earnings. Many trading multiples around the world are quite attractive these days, but don’t be fooled. A Price to Earnings ratio of 0 simply means that the security didn’t make any money last year.
With a share price under $50 a share and earnings per share below $1 a share, Acacia Research- Acacia Technologies could be an interesting value proposition. Consistent earnings are the key to high valuations and this security is well on its way.
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