Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
The closing price of Aurora Cannabis Inc (NASDAQ: ACB) was $6.04 for the day, down -4.28% from the previous closing price of $6.31. In other words, the price has decreased by -$4.28 from its previous closing price. On the day, 2.12 million shares were traded.
Ratios:
Our analysis of ACB’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.60 and its Current Ratio is at 3.30. In the meantime, Its Debt-to-Equity ratio is 0.18 whereas as Long-Term Debt/Eq ratio is at 0.07.
Valuation Measures:
As of this moment, Aurora’s Price-to-Earnings (P/E) ratio for their current fiscal year is 38.32, and their Forward P/E ratio for the next fiscal year is 21.31. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.42 while its Price-to-Book (P/B) ratio in mrq is 0.83.
Stock Price History:
Over the past 52 weeks, ACB has reached a high of $9.35, while it has fallen to a 52-week low of $2.84. The 50-Day Moving Average of the stock is 33.56%, while the 200-Day Moving Average is calculated to be 10.66%.
Shares Statistics:
A total of 54.88M shares are outstanding, with a floating share count of 54.66M. Insiders hold about 0.41% of the company’s shares, while institutions hold 9.58% stake in the company.
Earnings Estimates
The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0. Analysts are recommending an EPS of between -$0.65 and -$0.65 for the fiscal current year, implying an average EPS of -$0.65. EPS for the following year is -$0.33, with 1.0 analysts recommending between -$0.33 and -$0.33.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 4 analysts. It ranges from a high estimate of $94.1M to a low estimate of $87M. As of the current estimate, Aurora Cannabis Inc’s year-ago sales were $67.41MFor the next quarter, 4 analysts are estimating revenue of $100.41M. There is a high estimate of $110.66M for the next quarter, whereas the lowest estimate is $92M.
A total of 5 analysts have provided revenue estimates for ACB’s current fiscal year. The highest revenue estimate was $346.86M, while the lowest revenue estimate was $339.8M, resulting in an average revenue estimate of $343.61M. In the same quarter a year ago, actual revenue was $270.28MBased on 6 analysts’ estimates, the company’s revenue will be $377.59M in the next fiscal year. The high estimate is $404.19M and the low estimate is $331M.
