Aurora Cannabis Inc (NASDAQ:ACB) Drops -9.95 Percent In A Week: What Motivates The Stock?

In recent trading session, Aurora Cannabis Inc (NASDAQ:ACB) saw 0.54 million shares changing hands at last check today with its beta currently measuring 1.80. Company’s recent per share price level of $5.70 trading at -$0.09 or -1.55% at last check today assigns it a market valuation of $312.82M. That most recent trading price of ACB’s stock is at a discount of -64.04% from its 52-week high price of $9.35 and is indicating a premium of 50.18% from its 52-week low price of $2.84.

For Aurora Cannabis Inc (ACB), analysts’ consensus is at an average recommendation of Hold while assigning it a mean rating of 2.14. Splitting up the data highlights that, out of 7 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 5 suggested the stock as a Hold whereas 2 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0 in the current quarter.

Aurora Cannabis Inc (NASDAQ:ACB) trade information

Upright in the red during last session for losing -1.55%, in the last five days ACB remained trading in the red while hitting it’s week-highest on Thursday, 02/13/25 when the stock touched $5.70 price level, adding 16.54% to its value on the day. Aurora Cannabis Inc’s shares saw a change of 34.12% in year-to-date performance and have moved -9.95% in past 5-day. Aurora Cannabis Inc (NASDAQ:ACB) showed a performance of 46.15% in past 30-days.

Wall Street analysts have assigned a consensus price target of 8 to the stock, which implies a rise of 28.75% to its recent value today. Analysts have been projecting 1 as a low price target for the stock while placing it at a high target of 8.75322283. It follows that stock’s current price would jump 82.46% in reaching the projected high whereas dropping to the targeted low would mean a gain of 82.46% for stock’s current value.

Aurora Cannabis Inc (ACB) estimates and forecasts

This year revenue growth is estimated to rise 26.91% from the last financial year’s standing.

5 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 89.9M for the same. And 4 analysts are in estimates of company making revenue of 102.41M in the next quarter. Company posted 67.41M and 83.44M of sales in current and next quarters respectively a year earlier.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 67.71% during past 5 years.

Aurora Cannabis Inc (NASDAQ:ACB)’s Major holders

SUSQUEHANNA INTERNATIONAL GROUP, LLP is the top institutional holder at ACB for having 1.42 million shares of worth $6.54 million. And as of 2024-06-30, it was holding 2.9855 of the company’s outstanding shares.

The second largest institutional holder is SUSQUEHANNA INTERNATIONAL GROUP, LLP, which was holding about 1.4 million shares on 2024-06-30. The number of shares represents firm’s hold over 2.9612 of outstanding shares, having a total worth of $6.49 million.

On the other hand, Amplify ETF Tr-Amplify Alternative Harvest ETF and Dimensional ETF Tr-Dimensional International Small Cap ETF are the top two Mutual Funds which own company’s shares. As of Sep 30, 2024, the former fund manager was holding 1.34 shares of worth $7.67 million or 2.45% of the total outstanding shares. The later fund manager was in possession of 75.23 shares on Oct 31, 2024, making its stake of worth around $0.43 million in the company or a holder of 0.14% of company’s stock.