Price Target Analysis: Acacia Communications, Inc. (NASDAQ:ACIA)

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Acacia Communications, Inc. (NASDAQ:ACIA) reported its last earnings on Aug 11 AMC (BMO = before market open, AMC= after market close). The company reported the earnings of $0.77/Share in the last quarter where the estimated EPS by analysts was $0.3/share. The difference between the expected and actual EPS was $0.47/share, which represents an Earnings surprise of 156.7%.

Many analysts are providing their Estimated Earnings analysis for Acacia Communications, Inc. and for the current quarter 5 analysts have projected that the stock could give an Average Earnings estimate of $0.66/share. These analysts have also projected a Low Estimate of $0.36/share and a High Estimate of $0.76/share.

Some buy side analysts are also providing their Analysis on Acacia Communications, Inc., where 1 analysts have rated the stock as Strong buy, 4 analysts have given a Buy signal, 1 said it’s a HOLD, 0 reported it as Underperform and 0 analysts rated the stock as Sell. (These Recommendations are for the Current Month Only reported by Yahoo Finance.)

When it comes to the Analysis of a Stock, Price Target plays a vital role. 5 Analysts reported that the Price Target for Acacia Communications, Inc. might touch $100 high while the Average Price Target and Low price Target is $82.6 and $45 respectively.

To analyze a stock, one should look for Upgrades and Downgrades of a stock. Acacia Communications, Inc. got Initiated on 7-Jun-16 where investment firm Goldman Initiated the stock to Neutral.

Acacia Communications, Inc. closed its last trading session at $102.17 with the gain of 12.84%. The Market Capitalization of the company stands at 2.91 Billion. The Company has 52-week high of $115.48 and 52-week low of $27.05. The stock’s current distance from 20-Day Simple Moving Average (SMA20) is 67.26% where SMA50 and SMA200 are 116.02% and 137.07% respectively. The Company Touched its 52-Week High on Aug 17, 2016 and 52-Week Low on May 19, 2016.

The Relative Volume of the company is 2.68 and Average Volume (3 months) is 985.8 million. Acacia Communications, Inc. P/E (price to earnings) ratio is 427 and Forward P/E ratio of 38.84.

The company shows its Return on Assets (ROA) value of 12.6%. The Return on Equity (ROE) value stands at 36.9%. While it’s Return on Investment (ROI) value is 533.2%.

While looking at the Stock’s Performance, Acacia Communications, Inc. currently shows a Weekly Performance of 66.6%, where Monthly Performance is 96.31%, Quarterly performance is 311.75%, 6 Months performance is 0% and yearly performance percentage is 0%. Year to Date performance value (YTD perf) value is 272.5%. The Stock currently has a Weekly Volatility of 12.40% and Monthly Volatility of 8.02%.