Equities analysts predict that Aurora Hashish Inc. (NYSE:ACB) will announce earnings per share (EPS) of ($0.17) for the present fiscal quarter, Zacks reviews. 4 analysts have issued estimates for Aurora Hashish’ earnings, with the best EPS estimate coming in at ($0.15) and the bottom estimate coming in at ($0.20). Aurora Hashish posted earnings of ($0.28) per share in the identical quarter final yr, which suggests a optimistic year-over-year progress charge of 39.3%. The corporate is predicted to report its subsequent earnings report on Thursday, February tenth.
In accordance with Zacks, analysts anticipate that Aurora Hashish will report full-year earnings of ($0.59) per share for the present monetary yr, with EPS estimates starting from ($0.69) to ($0.47). For the following fiscal yr, analysts forecast that the agency will report earnings of ($0.40) per share, with EPS estimates starting from ($0.51) to ($0.31). Zacks’ earnings per share averages are a imply common primarily based on a survey of analysis analysts that cowl Aurora Hashish.
Aurora Hashish (NYSE:ACB) final posted its quarterly earnings knowledge on Tuesday, November ninth. The corporate reported ($0.09) earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.18) by $0.09. Aurora Hashish had a destructive return on fairness of 9.09% and a destructive internet margin of 252.40%. The agency had income of $47.74 million for the quarter, in comparison with analysts’ expectations of $47.84 million.
A number of equities analysis analysts have weighed in on the corporate. Jefferies Monetary Group reiterated a “maintain” ranking on shares of Aurora Hashish in a report on Friday, October 1st. Needham & Firm LLC reiterated a “promote” ranking on shares of Aurora Hashish in a analysis be aware on Tuesday, September twenty eighth. MKM Companions raised Aurora Hashish from a “promote” ranking to a “impartial” ranking and elevated their worth goal for the corporate from $6.00 to $7.00 in a report on Tuesday, September twenty eighth. reduce their worth goal on Aurora Hashish from C$6.50 to C$6.00 and set a “promote” ranking on the inventory in a report on Thursday, November eleventh. Lastly, Zacks Investment Research lowered Aurora Hashish from a “maintain” ranking to a “promote” ranking in a report on Tuesday, January eleventh. 5 analysts have rated the inventory with a promote ranking and 7 have issued a maintain ranking to the corporate’s inventory. In accordance with knowledge from MarketBeat.com, the corporate has a consensus ranking of “Maintain” and a mean goal worth of $7.08.
A lot of hedge funds and different institutional traders have not too long ago added to or lowered their stakes in ACB. Advisory Providers Community LLC bought a brand new place in shares of Aurora Hashish in the course of the 2nd quarter price $35,000. Citigroup Inc. elevated its holdings in Aurora Hashish by 684.4% within the third quarter. Citigroup Inc. now owns 6,048 shares of the corporate’s inventory valued at $42,000 after buying a further 5,277 shares within the final quarter. PFG Advisors acquired a brand new stake in shares of Aurora Hashish in the course of the fourth quarter valued at about $56,000. Spire Wealth Administration grew its stake in shares of Aurora Hashish by 73.0% in the course of the fourth quarter. Spire Wealth Administration now owns 10,384 shares of the corporate’s inventory valued at $56,000 after buying a further 4,382 shares within the final quarter. Lastly, Dynamic Know-how Lab Personal Ltd acquired a brand new stake in shares of Aurora Hashish in the course of the third quarter valued at about $77,000. Institutional traders personal 17.24% of the corporate’s inventory.
NYSE:ACB traded down $0.29 throughout buying and selling hours on Friday, reaching $4.46. The inventory had a buying and selling quantity of 6,429,615 shares, in comparison with its common quantity of 5,939,661. The corporate has a debt-to-equity ratio of 0.18, a fast ratio of 4.13 and a present ratio of 5.42. Aurora Hashish has a 52 week low of $4.41 and a 52 week excessive of $18.98. The corporate has a 50 day transferring common worth of $6.04 and a two-hundred day transferring common worth of $6.73. The inventory has a market capitalization of $884.77 million, a PE ratio of -1.71 and a beta of two.92.
About Aurora Hashish
Aurora Hashish, Inc engages within the manufacturing, distribution and sale of hashish merchandise. It additionally produces and sells indoor cultivation techniques and hemp associated meals merchandise. The corporate was based by Terry Sales space and Steve Dobler on December 21, 2006 and is headquartered in Edmonton, Canada.
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