Texas (Mar. 25, 2013) Wax Ink has issued a No Investment Interest rating for Acadia Research Corporation (Nasdaq: ACTG) based on a recent baseline equity review which placed fair value between $24-$31.
The recent close of $29.05 is approximately 101% above the fair value buy target for the stock and approximately 3% below the fair value close target for the stock. The recent close is also 35% below analysts' $45 median target for the stock.
The stock currently has a trailing twelve month PE Ratio of 15, and a PEG Ratio of 0.6 basis estimated forward earnings growth of 25%.
In the past 52 weeks, share prices have moved between a high of $44.98 and a low of $19.86. With the recent close, the stock is trading 55% below the 52 week high and 32% above the 52 week low.
Acadia Research Corporation acquires, develops, licenses, and enforces patented technologies.
All valuations are based on the listed company's most recent SEC annual filing, and all prices are per share.
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Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.