- 3 brokerages have issued 12 month price objectives for Aurora Cannabis’ stock.
- The scores are based on the trading styles of Value, Growth, and Momentum.
- The company was founded by Terry Booth and Steve Dobler on December 21, 2006 and is headquartered in Leduc, Canada.
- As an investor, you want to buy stocks with the highest probability of success.
Plus, ACB info will be updated daily in your Zacks.com Portfolio Tracker – also free. One share of ACB stock can currently be purchased for approximately $0.98. The company is scheduled to release its next quarterly earnings announcement on Thursday, November 9th 2023.
Aurora Cannabis Q3 loss widens vs. prior quarter
Aurora Cannabis’s stock reverse split on the morning of Monday, May 11th 2020. The number of shares owned by shareholders was adjusted after the market closes on Friday, May 8th 2020. An investor that had 100 shares of stock prior to the reverse split would have 8 shares after the split.
That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style. The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. Aurora Cannabis’ stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Renaissance Technologies LLC (1.50%), Mirae Asset Global Investments Co. Ltd. (0.72%), Goldman Sachs Group Inc. (0.34%), AXS Investments LLC (0.27%), Dimensional Fund Advisors LP (0.23%) and Merlin Capital LLC (0.14%).
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The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%. An industry with a larger percentage of Zacks Rank #1’s and #2’s will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4’s and #5’s. The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.
Upgrade to MarketBeat All Access to add more stocks to your watchlist. MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation. U.S. stocks traded higher, with the Dow Jones gaining around 150 points on Thursday. The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries.
Per-Share Earnings, Actuals & Estimates Aurora Cannabis Inc.
Zacks Earnings ESP (Expected Surprise Prediction) looks to find companies that have recently seen positive earnings estimate revision activity. The idea is that more recent information is, generally speaking, more accurate and can be a better predictor of the future, which can give investors an advantage in earnings season. As an investor, you want to buy stocks with the highest probability of success.
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Aurora Cannabis, Inc. engages in the production, distribution, and sale of cannabis and cannabis-derivative products in Canada and internationally. It operates through the Canadian Adult- Use and International Medical Cannabis segments. The company was founded by Terry Booth and Steve Dobler on December 21, 2006 and is headquartered in Leduc, Canada.
The consensus among Wall Street research analysts is that investors should “hold” ACB shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ACB, but not buy additional shares or sell existing shares. 3 brokerages have issued 12 month price objectives for Aurora Cannabis’ stock. On average, they anticipate the company’s share price to reach $4.05 in the next year. This suggests a possible upside of 312.1% from the stock’s current price. View analysts price targets for ACB or view top-rated stocks among Wall Street analysts.
At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.32% per year. These returns cover a period from January 1, 1988 through July 31, 2023. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. The monthly returns are then compounded to arrive at the annual return.
Use these ten stocks to generate a safe and reliable source of investment income. Sign-up to receive the latest news and ratings for Aurora Cannabis and its competitors with MarketBeat’s FREE daily newsletter. You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. cash cow examples The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Zacks Ranks stocks can, https://1investing.in/ and often do, change throughout the month. 3 Wall Street research analysts have issued “buy,” “hold,” and “sell” ratings for Aurora Cannabis in the last year.
- The monthly returns are then compounded to arrive at the annual return.
- View analysts price targets for ACB or view top-rated stocks among Wall Street analysts.
- Aurora Cannabis, Inc. engages in the production, distribution, and sale of cannabis and cannabis-derivative products in Canada and internationally.
- Zacks Earnings ESP (Expected Surprise Prediction) looks to find companies that have recently seen positive earnings estimate revision activity.