Aurora Cannabis Inc (NASDAQ:ACB)’s traded shares stood at 1.58 million during the last session, with the company’s beta value hitting 1.69. At the close of trading, the stock’s price was $5.53, to imply an increase of 3.46% or $0.18 in intraday trading. The ACB share’s 52-week high remains $9.35, putting it -69.08% down since that peak but still an impressive 48.64% since price per share fell to its 52-week low of $2.84.
Analysts have given a consensus recommendation of Hold for Aurora Cannabis Inc (ACB), translating to a mean rating of 2.14. Of 7 analyst(s) looking at the stock, 0 analyst(s) give ACB a Sell rating. 0 of those analysts rate the stock as Overweight while 5 advise Hold as 2 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.
Aurora Cannabis Inc (NASDAQ:ACB) trade information
After registering a 3.46% upside in the last session, Aurora Cannabis Inc (ACB) has traded red over the past five days. The 5-day price performance for the stock is -4.40%, and 48.79% over 30 days. With these gigs, the year-to-date price performance is 30.24%.
The extremes give us $1 and $8.75322283 for target low and target high price respectively. As such, ACB has been trading -58.29% off suggested target high and 81.92% from its likely low.
Aurora Cannabis Inc (ACB) estimates and forecasts
The rating firms project that company’s revenue will grow 26.91% compared to the previous financial year.
Revenue forecast for the current quarter as set by 5 analysts is 89.9M. Meanwhile, for the current quarter, a total of 4 analyst(s) estimate revenue growth to 102.41M.Earnings reports from the last fiscal year show that sales brought in 67.41M and 83.44M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 33.36% before jumping 22.75% in the following quarter.
ACB Dividends
Aurora Cannabis Inc has its next earnings report out in March. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
Aurora Cannabis Inc (NASDAQ:ACB)’s Major holders
The next major institution holding the largest number of shares is SUSQUEHANNA INTERNATIONAL GROUP, LLP with 1.4 million shares, or about 2.9612% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $6.49 million.
We also have Amplify ETF Tr-Amplify Alternative Harvest ETF and Dimensional ETF Tr-Dimensional International Small Cap ETF as the top two Mutual Funds with the largest holdings of the Aurora Cannabis Inc (ACB) shares. Going by data provided on Dec 31, 2024, Amplify ETF Tr-Amplify Alternative Harvest ETF holds roughly 1.31 shares. This is just over 2.39% of the total shares, with a market valuation of $7.25 million. Data from the same date shows that the other fund manager holds a little less at 75.23, or 0.14% of the shares, all valued at about 0.42 million.
