ACB stock: buy or sell?

ACB stock price: $5.02 -2.71% At close on September 20th, 2019

Updated on:
September 20th, 2019

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Shares of Aurora Cannabis closed today at $5.02 and fell a terrifying -2.71%. On Monday ACB plummed a hair-raising -9.17%.

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.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This is not a selling recommendation at all, just it's not the best moment to buy if you follow any of these trading strategies.

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.

Is ACB a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-9-16Stifel NicolausHoldSell
2019-9-13Desjardinsn/aBuy
2019-8-12Piper Jaffray Companiesn/aNeutral
2019-7-8Compass PointNeutralNeutral
2019-7-18Bank of AmericaBuyNeutral
2019-7-17LADENBURG THALM/SH SHn/aBuy
2019-4-17Bank of American/aBuy
2019-3-5Cowenn/aOutperform
2019-3-13GMP SecuritiesHoldBuy
2019-2-25Jefferies Financial Groupn/aBuy
2019-2-21Seaport Global Securitiesn/aNeutral
2019-2-19BMO Capital Marketsn/aMarket Perform
2019-2-12GMP Securitiesn/aHold

ACB stock analysis

Daily outlook

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%.

ACB stock chart (daily)

Weekly outlook

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 chart (weekly)

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 $50.40

How 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:
ACB stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-7-17LADENBURG THALM/SH SHInitiatesn/a$9.00-
2019-4-17Bank of AmericaInitiatesn/a$11.00-
2019-2-19BMO Capital MarketsRaises Targetn/a$172.00-
2019-2-12GMP SecuritiesReiteratesn/a$9.50-
(in average)$0.00$50.400.0%
Moving in a range from $172.00 and $9.00, the price target for Aurora Cannabis stock is $50.40. In average, analysts' outlook on ACB price forecast is stable from previous estimations.

Financials and fundamental analysis

Earnings date and Earnings per Share

Since 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.
ACB earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2018-Q12018-05-08n/a-0.04n/a
2018-Q22018-09-25n/a0.13n/a
2018-Q32018-11-12n/a0.09n/a
2018-Q42019-02-11n/a-0.04n/a
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a

Annual financial results

Compared 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%

ACB annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2016$1.44 M-$-5.72 M-397.7%-
2017$18 M1,155.29%$-12.97 M-71.8%126.57%
2018$55 M205.51%$72 M130.3%-654.72%
TTM $121 M119.90%$-71.64 M-59.0%-199.58%

Quarterly financial results

Aurora 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.
ACB quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2018-Q1$16 M-$-19.22 M-119.3%-
2018-Q2$19 M18.93%$79.87 M417.1%-515.66%
2018-Q3$32 M66.88%$105.46 M330.1%32.04%
2018-Q4$54 M69.56%$-237.75 M-438.8%-325.44%

Aurora Cannabis ownership

When 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:

ACB
Market cap$5.1 B
Total shares1,020.0 M
Float shares1,130.0 M
  - Institutional holdings (%)12.2%
  - Insider holdings (%)3.0%
Shares in short selling0.0%

ACB summary

Friday, September 20th, 2019
Open$5.10
Close$5.02
Day range$4.92 - $5.10
Previous close$5.16
Session gain-2.71%
Average true range$0.35
50d mov avg$6.13
100d mov avg$7.05
200d mov avg$7.23
Daily pattern
Weekly pattern lt03c

Aurora Cannabis performance

To 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:
Stock3m6m12m
ACBAurora Cannabis-31.23%-44.41%-45.55%

Aurora Cannabis competitors

Unfortunately, we could not find any public company that could be defined as Aurora Cannabis competitor. This doesn't mean Aurora Cannabis does not have any competitor in the market, it's just we could not detected it.