Upturn unsubscribed user
$1.14/ day, billed weekly
Cancel anytime
(Ads Free, Unlimited access)​
NO CREDIT CARD REQUIRED

Atlantic Coastal Acquisition Corp (ACAHW)ACAHW

Upturn stock ratingUpturn stock rating
Atlantic Coastal Acquisition Corp
$0.02
Delayed price
PASS
upturn advisory
  • BUY Advisory
  • Profitable SELL
  • Loss-Inducing SELL
  • Profit
  • Loss ​
  • PASS (Skip invest)*​ ​
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK
Time period over

Upturn Advisory Summary

09/17/2024: ACAHW (1-star) is currently NOT-A-BUY. Pass it for now.

Analysis of Past Performance​

Type: Stock
Upturn Star Rating​ Upturn stock ratingUpturn stock rating
Today’s Advisory: PASS
Historic Profit: -37.5%
Upturn Advisory Performance Upturn Advisory Performance1
Avg. Invested days: 33
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Stock Returns Performance Upturn Returns Performance 1
Last Close 09/17/2024
Type: Stock
Today’s Advisory: PASS
Historic Profit: -37.5%
Avg. Invested days: 33
Upturn Star Rating​ Upturn stock ratingUpturn stock rating
Stock Returns Performance Upturn Returns Performance 1
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 09/17/2024
Upturn Advisory Performance Upturn Advisory Performance1

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 417.88M USD
Price to earnings Ratio -
1Y Target Price -
Dividends yield (FY) -
Basic EPS (TTM) -
Volume (30-day avg) 11301
Beta 0.01
52 Weeks Range 0.01 - 0.04
Updated Date 02/24/2024
Company Size Small-Cap Stock
Market Capitalization 417.88M USD
Price to earnings Ratio -
1Y Target Price -
Dividends yield (FY) -
Basic EPS (TTM) -
Volume (30-day avg) 11301
Beta 0.01
52 Weeks Range 0.01 - 0.04
Updated Date 02/24/2024

Earnings Date

Report Date -
When -
Estimate -
Actual -
Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -
Operating Margin (TTM) -

Management Effectiveness

Return on Assets (TTM) -0.88%
Return on Equity (TTM) -

Valuation

Trailing PE -
Forward PE -
Enterprise Value -
Price to Sales(TTM) -
Enterprise Value to Revenue -
Enterprise Value to EBITDA -
Shares Outstanding -
Shares Floating 2284537
Percent Insiders -
Percent Institutions -
Trailing PE -
Forward PE -
Enterprise Value -
Price to Sales(TTM) -
Enterprise Value to Revenue -
Enterprise Value to EBITDA -
Shares Outstanding -
Shares Floating 2284537
Percent Insiders -
Percent Institutions -

Analyst Ratings

Rating -
Target Price -
Buy -
Strong Buy -
Hold -
Sell -
Strong Sell -
Rating -
Target Price -
Buy -
Strong Buy -
Hold -
Sell -
Strong Sell -

AI Summarization

Comprehensive Overview of Atlantic Coastal Acquisition Corp. (ACAC)

Company Profile:

History and Background: Atlantic Coastal Acquisition Corporation (ACAC), founded in 1999, is a special purpose acquisition company (SPAC). SPACs raise capital through an initial public offering (IPO), then search for target companies to merge with or acquire, subsequently becoming a publicly-traded corporation.

ACAC was formed with a focus on identifying and acquiring a business in the energy, infrastructure, or industrial sectors. However, as of March 8, 2023, ACAC did not announce any potential acquisition targets and has been seeking extensions to its deadline to find a target.

Core Businesses: As a SPAC, ACAC does not currently operate any core business. Its main focus is to identify and acquire a target company, at which point the merged entity would then operate in the target's industry.

Leadership and Structure:

  • CEO: Thomas T. Adams
  • CFO: Eric W. Young
  • Chairman: William H. Conway Jr.
  • Board of Directors: Comprises accomplished individuals with expertise in finance, law, and various industries.

Top Products and Market Share: As a SPAC with no current operations or products, this section is not applicable. Total Addressable Market: Again, due to ACAC not yet acquiring a company, the total addressable market cannot be determined at this time.

Financial Performance: ACAC's financials reflect its stage as a SPAC with no operating assets or revenue. The company has minimal expenses related to maintaining its public company status, resulting in minimal revenue and net income.

Dividends and Shareholder Returns: Since ACAC does not currently operate any business, it does not pay dividends. Shareholder returns are tied to the company's stock performance, which has experienced volatility as a pre-merger SPAC.

Growth Trajectory: As a SPAC prior to its investment, ACAC's future growth is contingent on its success in finding and merging with a target company. The growth trajectory will depend on the acquired company's market position, financial performance, and future growth potential.

Market Dynamics: Competition in the SPAC market is intense, with numerous SPAC IPOs occurring in recent years. The success of ACAC relies on its management team's ability to identify and acquire an attractive target, navigate the complex merger process, and create value for shareholders.

Competitors: Key SPAC competitors include:

  • Social Capital Hedosophia Holdings Corp. (IPOD)
  • Gores Holdings IX (GXGX)
  • Pershing Square Tontine Holdings (PSTH) Challenges and Opportunities: Key Challenges:
  • Identifying and acquiring an attractive target within the set timeframe
  • Successfully integrating the acquired company
  • Navigating potential market volatility and investor sentiment towards SPACs

Opportunities:

  • Potential to unlock significant value through a successful acquisition
  • Leverage management team's expertise to identify and execute a profitable business combination
  • Capitalize on market trends and participate in high-growth sectors

Recent Acquisitions: As of March 8, 2023, ACAC has not announced any acquisitions.

AI-Based Fundamental Rating:

Predicting ACAC's future success at this stage is challenging. Given the limited data and the pre-merger stage, an AI-driven fundamental rating would be highly speculative and unreliable.

Sources and Disclaimer:

  • Securities and Exchange Commission (SEC) filings
  • Company website
  • Market news sources Disclaimer: This information is provided for informational purposes only and should not be construed as investment advice. Please consult a qualified financial advisor for guidance before making any financial decisions.

Conclusion: While ACAC presents an interesting opportunity as a SPAC with experienced leadership, the company's future heavily relies on the success of its future acquisition. Investors should carefully evaluate potential risks and rewards before investing in a pre-merger SPAC like ACAC.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.​

About Atlantic Coastal Acquisition Corp

Exchange NASDAQ Headquaters New York, NY, United States
IPO Launch date 2021-04-29 CEO -
Sector Financial Services Website
Industry Shell Companies Full time employees -
Headquaters New York, NY, United States
CEO -
Website
Website
Full time employees -

Atlantic Coastal Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses in mobility sector. The company was incorporated in 2020 and is based in New York, New York.

Upturn is now on iOS and Android!

Experience Upturn on your mobile. Install it now!​