ACB stock: buy or sell?

ACB stock price: $1.51 0.00% At close on February 26th, 2020

Updated on:
February 26th, 2020

1

After sliding for 4 days, Wednesday Aurora Cannabis stayed constant a tight 0.00%, closing at $1.51. On February/24 ACB plunged a bloodcurdling -7.74%. On February 14th ACB boosted a dazzling 6.96%. Last session broke a streak of 4 red days in a row.

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 pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.

None of our preferred buy setups matches with Aurora Cannabis stock situation right now, hence 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 doesn't mean ACB will fall in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems.

Is Aurora Cannabis stock a buy?

Banks and financial institutions post stock ratings everyday. Unfortunately, we couldn't find any rating for ACB stock for the last month.

ACB stock analysis

Daily outlook

After sliding for 4 sessions, Wednesday Aurora Cannabis stayed stable a tight 0.00%, closing at $1.51.

After sliding for 4 sessions, Wednesday Aurora Cannabis stayed stable a tight 0.00%, closing at $1.51.

ACB stock chart (daily)

Weekly outlook

After boosting a brilliant 5.39% in a week last week, Aurora Cannabis closed this week at $1.51 and plummed a scary -9.58%.

Since price and 40-weeks moving average lines crossed down early July, ACB fell $-6.03 per share (-79.97%). Stocks below the 200d moving average line are usually not recommended for average traders.

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 declined a -92.50%, with a yearly average of -4.90%.

1: Adjusted price after possible price splits or reverse-splits.

ACB stock historical price chart

ACB stock reached 52-week highs on March at $10.32, and all-time highs 2000-11-01 with a price of 22.83.

ACB stock price target

Nobody can reliably foresee how stock prices may evolve in the future. However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. For the last 30 days we have not found any price forecast for Aurora Cannabis stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

After posting its last earnings report , Aurora Cannabis . As soon as we get its actual EPS from the earnings report, we will extend 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

In 2018, Aurora Cannabis annual turnover boosted an astounding 205.51% to $55.20 M dollars from $18.07 marked in 2017. When comparing 2018 vs 2017, aligned with this, 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 compare 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 earnings $-71.64 M USD. When comparing this TTM figures with the last reported annuality, we can review Aurora Cannabis business evolution since June 2018: Annual revenues up to December, compared to lastest yearly report, rocketed an exceptional 119.90%. By contrast, profit margin (net income/revenues) plunged at 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 million in sales 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 plummed a -768.89% compared to previous quarter when profit margin was 330.05%. When comparing revenues 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 invest in shares of a company, 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 3.26% of all shares.

In case of Aurora Cannabis stock, 13.42% 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.

For a better context understanding, the following table shows ownership data compared to other related stocks:

ACB
Market cap$1.8 B
Total shares1,170.0 M
Float shares1,140.0 M
  - Institutional holdings (%)13.4%
  - Insider holdings (%)3.3%
Shares in short selling0.0%

ACB summary

Wednesday, February 26th, 2020
Open$1.49
Close$1.51
Day range$1.49 - $1.58
Previous close$1.51
Session gain0.00%
Average true range$0.14
50d mov avg$1.91
100d mov avg$2.60
200d mov avg$4.66
Daily patternlt02a
Weekly pattern lb06a

Aurora Cannabis performance

Stocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. We chose as the bechmarking frame for Aurora Cannabis stock.
Stock3m6m12m
ACBAurora Cannabis-39.60%-72.55%-79.43%

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.