ACB stock: buy or sell?
July 15th, 2019
Should I buy ACB stock?You can't be a successful trader if you don't follow a methodolgy or system that assist you in choosing companies and the correct market timing. That's why is so important to define your own trading plan that matches with your character as inversor. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.
Currently, Aurora Cannabis stock doesn't match any of these trading strategies, so our recommendation is not to buy.
|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?
Banks and financial institutions publish stock ratings everyday.At Stocks2.com, we collected 8 ratings published for ACB stock in the last month. The general sentiment of these ratings is bullish for ACB stock, with 4 positive ratings.
|Date||Analyst / Broker||Previous rating||Current rating|
|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
After sliding a hair-raising -6.06% on Friday, Aurora Cannabis closed today at $7.01 and boosted an impressive 3.55%.
After sliding a hair-raising -6.06% on Friday, Aurora Cannabis closed today at $7.01 and boosted an impressive 3.55%. Since April when SMA100d and SMA200d crossed up, ACB price slipped $-1.87 per share (-21.06%).
After sliding a spooky -11.37% in a week last week, Aurora Cannabis closed this week at $7.01 and rose a remarkable 3.55%. Late June ACB boosted a dazzling 6.65% in just one week.
Since price and 40-weeks moving average lines crossed down last week, ACB fell $-0.53 per share (-7.03%). Stocks below the 200d moving average line are usually not recommended for average traders. Since SMA20w and SMA40w crossed up early April, ACB price slid a -23.56%.
ACB stock price history
ACB IPO was on September 14th, 2000 at $20.18 per share1. Since then, ACB stock lost a -65.30%, with a yearly average of -3.60%.
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 $64.20Predicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. 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. We have 3 price predictions for Aurora Cannabis stock published in the last month:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|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 last February, when Aurora Cannabis posted its last earnings report, it . Unfortunately, reported EPS is not yet available in our database.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared to 2017, last anual sales report draw an extraordinary gain of 205.51% to $55.20 M USD. When comparing 2018 vs 2017, in the same way, profit margin (that is, the net income divided by revenues) skyrocketed a 202.11% to 130.33%. Aurora Cannabis presents anual results 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 million USD. When comparing this TTM figures with the last reported annuality, we can review Aurora Cannabis business evolution since June 2018: Annual turnover up to December, compared to lastest yearly report, boosted an outstanding 119.90%. Nevertheless, profit margin (net income/revenues) collapsed at 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 posted $54.18 million in sales for 2018-Q4, a 69.56% improvement 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 sales to same quarter last year, Aurora Cannabis sales marked and a . Looking back to recent quarterly results, Aurora Cannabis posted 3 negative 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 shares of a company, it's always worth to check its ownership structure.
Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Aurora Cannabis, 3.04% of all outstanding shares are owned by its staff.
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||$0.0 M|
|Total shares||0.0 M|
|Float shares||973.5 M|
|- Institutional holdings (%)||12.2%|
|- Insider holdings (%)||3.0%|
|Shares in short selling||0.0%|
|Monday, July 15th, 2019|
|Day range||$6.62 - $7.05|
|Average true range||$0.24|
|50d mov avg||$7.89|
|100d mov avg||$8.28|
|200d mov avg||$7.67|
Aurora Cannabis performanceStocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. We picked as the bechmarking frame for Aurora Cannabis stock.