In the latest trading session, 0.74 million Aurora Cannabis Inc (NASDAQ:ACB) shares changed hands as the company’s beta touched 1.71. With the company’s most recent per share price at $5.59 changed hands at -$0.3 or -5.18% at last look, the market valuation stands at $306.50M. ACB’s current price is a discount, trading about -67.26% off its 52-week high of $9.35. The share price had its 52-week low at $2.84, which suggests the last value was 49.19% up since then.
Analysts gave the Aurora Cannabis Inc (ACB) stock a consensus recommendation rating of Hold, calculated at a mean rating of 2.14. If we narrow down to specifics, the data shows that 0 out of 7 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 5 recommended ACB as a Hold, 2 felt it is a Buy and 0 rated the stock as Underweight. Aurora Cannabis Inc’s EPS for the current quarter is expected to be 0.
Aurora Cannabis Inc (NASDAQ:ACB) trade information
Instantly ACB was in red as seen in intraday trades today. With action -11.49%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 31.41%, with the 5-day performance at -11.49% in the red. However, in the 30-day time frame, Aurora Cannabis Inc (NASDAQ:ACB) is 44.32% up.
The consensus price target for the stock as assigned by Wall Street analysts is 8, meaning bulls need an upside of 30.12% from its recent market value. According to analyst projections, ACB’s forecast low is 1 with 8.75322283 as the target high. To hit the forecast high, the stock’s price needs a -56.59% plunge from its current level, while the stock would need to tank 82.11% for it to hit the projected low.
Aurora Cannabis Inc (ACB) estimates and forecasts
Year-over-year growth is forecast to reach 26.91% up from the last financial year.
Consensus estimates given by 5 financial analysts project the company’s revenue in the current quarter to hit an average of 89.9M. 4 analysts are of the opinion that Aurora Cannabis Inc’s revenue for the current quarter will be 102.41M. The company’s revenue for the corresponding quarters a year ago was 67.41M and 83.44M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 33.36%. The estimates for the next quarter sales put growth at 22.75%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 67.71%. The 2025 estimates are for Aurora Cannabis Inc earnings to increase by 142.36%.
Aurora Cannabis Inc (NASDAQ:ACB)’s Major holders
SUSQUEHANNA INTERNATIONAL GROUP, LLP holds the second largest percentage of outstanding shares, with 2.9612% or 1.4 million shares worth $6.49 million as of 2024-06-30.
Among Mutual Funds, the top two as of Sep 30, 2024 were Amplify ETF Tr-Amplify Alternative Harvest ETF and Dimensional ETF Tr-Dimensional International Small Cap ETF. With 1.34 shares estimated at $7.49 million under it, the former controlled 2.45% of total outstanding shares. On the other hand, Dimensional ETF Tr-Dimensional International Small Cap ETF held about 0.14% of the shares, roughly 75.23 shares worth around $0.42 million.
