TD Cowen lifts Aurora Cannabis Inc [ACB] price estimate. Who else is bullish?

Aurora Cannabis Inc [NASDAQ: ACB] plunged by -$1.2 during the normal trading session on while it closed the day at $4.68.

Aurora Cannabis Inc stock has also loss -22.52% of its value over the past 7 days. However, ACB stock has inclined by 7.83% in the 3 months of the year. Over the past six months meanwhile, it has gained 8.58% and gained 10.12% year-on date.

The market cap for ACB stock reached $256.84 million, with 56.23 million shares outstanding and 54.67 million shares in the current float. Compared to the average trading volume of 993.96K shares, ACB reached a trading volume of 6266139 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Aurora Cannabis Inc [ACB]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for ACB shares is $6.75 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on ACB stock is a recommendation set at 2.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

TD Cowen have made an estimate for Aurora Cannabis Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on December 11, 2024. The new note on the price target was released on February 09, 2024, representing the official price target for Aurora Cannabis Inc stock.

The Average True Range (ATR) for Aurora Cannabis Inc is set at 0.34, with the Price to Sales ratio for ACB stock in the period of the last 12 months amounting to 1.04. The Price to Book ratio for the last quarter was 0.67, with the Price to Cash per share for the same quarter was set at 2.35.

ACB stock trade performance evaluation

Aurora Cannabis Inc [ACB] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -22.52. With this latest performance, ACB shares dropped by -6.77% in over the last four-week period, additionally plugging by 8.58% over the last 6 months – not to mention a drop of -18.47% in the past year of trading.

Aurora Cannabis Inc [ACB]: An insightful look at the core fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Aurora Cannabis Inc [ACB] shares currently have an operating margin of -48.15% and a Gross Margin at 0.89%. Aurora Cannabis Inc’s Net Margin is presently recorded at 0.79%.

Return on Equity for this stock inclined to 2.04%, with Return on Assets sitting at 2.04%.

Earnings per share (EPS) analysis for Aurora Cannabis Inc [ACB] stock

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for ACB. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Aurora Cannabis Inc go to 31.36%.

Aurora Cannabis Inc [ACB]: Institutional Ownership

The top three institutional holders of ACB stocks are: SUSQUEHANNA INTERNATIONAL GROUP, LLP with ownership of 1.42 million shares, which is approximately 2.7621%. SUSQUEHANNA INTERNATIONAL GROUP, LLP, holding 1.4 million shares of the stock with an approximate value of $$6.49 million in ACB stocks shares; and SUSQUEHANNA INTERNATIONAL GROUP, LLP, currently with $$6.05 million in ACB stock with ownership which is approximately 2.5544%.

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