Alert: Rating Downgrade (12/1/23)-Acacia Research Corp (NASDAQ: ACTG).


Stock Rating Downgrade

Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for Acacia Research Corp (NASDAQ: ACTG) weakened of late. ACTG’s current Value Trend Rating is C and the prior Rating was B. Details supporting this lower rating are included in our next report.


Recent Price Action

Acacia Research Corp (NASDAQ: ACTG) stock closed at $3.76 on 12/1/23 after a large increase of 3.3%. Moreover, trading volume in this advance was unusually high at 181% of normal. The stock has risen 0.5% during the last week and has performed in line with the market over the last nine months.

Current PriceTarget Research Rating

ACTG’s future returns on capital are forecasted to be in line with the cost of capital. Accordingly, the company is expected to be Value Creation neutral.

Acacia Research has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Acacia Research has a neutral Appreciation Score of 52 and a neutral Power Rating of 48, with the Neutral Value Trend Rating the result.

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