ACB stock: buy or sell?
September 20th, 2019
Should I buy ACB stock?Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Trading strategies are meant for helping you in the decision process of what stocks to choose and when is the best time to buy them. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.
None of our preferred buy setups matches with Aurora Cannabis stock situation right now, therefore this is not a suitable entry point.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Aurora Cannabis stock a buy?
Everyday, hundreds of stock ratings are published by financial analysts to indicate a particular stock's attractiveness.At Stocks2.com, we collected 13 ratings published for ACB stock in the last month.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-8-12||Piper Jaffray Companies||n/a||Neutral|
|2019-7-18||Bank of America||Buy||Neutral|
|2019-7-17||LADENBURG THALM/SH SH||n/a||Buy|
|2019-4-17||Bank of America||n/a||Buy|
|2019-2-25||Jefferies Financial Group||n/a||Buy|
|2019-2-21||Seaport Global Securities||n/a||Neutral|
|2019-2-19||BMO Capital Markets||n/a||Market Perform|
ACB stock analysis
Shares of Aurora Cannabis fell a terrifying -2.71% and closed at $5.02.
Aurora Cannabis closed today at $5.02 and fell a terrifying -2.71%.
Aurora Cannabis plummed a spooky -15.63% this week. Early September ACB climbed an astounding 9.54% in just one week.
Since early July, when ACB stock price broke down the 40-weeks moving avarage line, it slid $-2.52 per share (-33.42%). Trading stocks that are below the 40-weeks (that is, 200-days) moving average mark is not recommended by many experts, as it indicates that the stock has not enough institutional support.
ACB stock price history
ACB stock went public on September 14th, 2000 with a price of $20.181. Since then, ACB stock sliced a -75.10%, with a yearly average of -4.00%.
1: Adjusted price after possible price splits or reverse-splits.
ACB stock historical price chart
ACB stock reached 52-week highs on October at $12.53, and all-time highs 2000-11-01 with a price of 22.83.
ACB stock price target is $50.40How much a stock will be priced tomorrow or next week is quite unpredictable However, many stock price predictions are published every day by banks, financial institutions and independent analysts. You should not follow the analysts' ACB stock price predictions in the hope that they will be met as they may be wrong and not met. For the last 30 days we found 4 price predictions for Aurora Cannabis stock:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-7-17||LADENBURG THALM/SH SH||Initiates||n/a||$9.00||-|
|2019-4-17||Bank of America||Initiates||n/a||$11.00||-|
|2019-2-19||BMO Capital Markets||Raises Target||n/a||$172.00||-|
Financials and fundamental analysis
Earnings date and Earnings per ShareSince February, when Aurora Cannabis published its last earnings report, it . As soon as we get its posted EPS from the earnings report, we will update this report.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared to 2017, last anual turnover report draw a super good increase of 205.51% to $55.20 M USD. When comparing 2018 vs 2017, likewise, profit margin (that is, the net income divided by revenues) climbed a 202.11% to 130.33%. Aurora Cannabis fiscal year ends in June, and to evaluate its evolution since then, we estimate annual sales and income figures by adding results from the last 4 quarters. This is called TTM (or Twelve Trailing Months). So, Aurora Cannabis TTM sales up to December 2018 were $121.38 and income $-71.64 M USD. If we compare this TTM figures with the last reported annuality, we can esteem Aurora Cannabis business evolution since June 2018: Annual sales up to December, compared to lastest yearly report, boosted an amazing 119.90%. Regarding profit margin, Aurora Cannabis plummed -189.35% to 130.33%
|2016||$1.44 M||-||$-5.72 M-397.7%||-|
|2017||$18 M||1,155.29%||$-12.97 M-71.8%||126.57%|
|2018||$55 M||205.51%||$72 M130.3%||-654.72%|
|TTM||$121 M||119.90%||$-71.64 M-59.0%||-199.58%|
Quarterly financial resultsAurora Cannabis reported $54.18 M in revenues for 2018-Q4, a 69.56% up compared to previous quarter. Reported quarter earnings marked $-237.75 M with a profit margin of -438.83%. Profit margin plunged a -768.89% compared to previous quarter when profit margin was 330.05%. When comparing turnover to same quarter last year, Aurora Cannabis sales marked and a . Looking back to recent quarterly results, Aurora Cannabis posted 3 positive quarters in a row.
|2018-Q1||$16 M||-||$-19.22 M-119.3%||-|
|2018-Q2||$19 M||18.93%||$79.87 M417.1%||-515.66%|
|2018-Q3||$32 M||66.88%||$105.46 M330.1%||32.04%|
|2018-Q4||$54 M||69.56%||$-237.75 M-438.8%||-325.44%|
Aurora Cannabis ownershipWhen you are planning to buy a stock, it's always worth to check its ownership structure.
Aurora Cannabis shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 3.04% of all shares.
In case of Aurora Cannabis stock, 12.15% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for ACB stock account 0.00%, no big difference from last month.
The following table compares ownership indicators for other stocks related to Aurora Cannabis:
|Market cap||$5.1 B|
|Total shares||1,020.0 M|
|Float shares||1,130.0 M|
|- Institutional holdings (%)||12.2%|
|- Insider holdings (%)||3.0%|
|Shares in short selling||0.0%|
|Friday, September 20th, 2019|
|Day range||$4.92 - $5.10|
|Average true range||$0.35|
|50d mov avg||$6.13|
|100d mov avg||$7.05|
|200d mov avg||$7.23|
Aurora Cannabis performanceTo better understand Aurora Cannabis performance you must becnhmark its gains with other related stocks in same sector or industry. We compared Aurora Cannabis against in the following table: