In the last trading session, 1.22 million shares of the Aurora Cannabis Inc (NASDAQ:ACB) were traded, and its beta was 1.62. Most recently the company’s share price was $4.78, and it changed around -$0.07 or -1.44% from the last close, which brings the market valuation of the company to $262.33M. ACB currently trades at a discount to its 52-week high of $9.35, offering almost -95.61% off that amount. The share price’s 52-week low was $2.84, which indicates that the current value has risen by an impressive 40.59% since then.
Aurora Cannabis Inc stock received a consensus recommendation rating of Buy, based on a mean score of 2.14. If we narrow it down even further, the data shows that 0 out of 6 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 3 recommended ACB as a Hold, whereas 3 deemed it a Buy, and 0 rated it as Underweight. Aurora Cannabis Inc is expected to report earnings per share of 0 for the current quarter.
Aurora Cannabis Inc (NASDAQ:ACB) trade information
Instantly ACB has showed a red trend with a performance of -1.44% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 5.58 on recent trading dayincreased the stock’s daily price by 14.34%. The company’s shares are currently up 12.47% year-to-date, but still down -10.65% over the last five days. On the other hand, Aurora Cannabis Inc (NASDAQ:ACB) is 30.96% up in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $8, which translates to bulls needing to increase their stock price by 40.25% from its current value. Analyst projections state that ACB is forecast to be at a low of $1 and a high of $8.75322283.
Aurora Cannabis Inc (ACB) estimates and forecasts
The year-over-year growth rate is expected to be 26.91%, up from the previous year.
Consensus estimates provided by 5 financial analysts predict the company will bring in an average of 89.9M in revenue for the current quarter. 4 analysts expect Aurora Cannabis Inc to make 102.41M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 67.41M and 83.44M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 33.36%. Forecasts for the next quarter put sales growth at 22.75%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 67.71%.
ACB Dividends
Aurora Cannabis Inc’s next quarterly earnings report is expected to be released in April.
SUSQUEHANNA INTERNATIONAL GROUP, LLP, with 2.9612% or 1.4 million shares worth $6.49 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
Amplify ETF Tr-Amplify Alternative Harvest ETF and Dimensional ETF Tr-Dimensional International Small Cap ETF were the top two Mutual Funds as of Dec 31, 2024 . The former held 1.31 shares worth $6.26 million, making up 2.39% of all outstanding shares. On the other hand, Dimensional ETF Tr-Dimensional International Small Cap ETF held roughly 75.23 shares worth around $0.36 million, which represents about 0.14% of the total shares outstanding.
