Equities analysts anticipate Aurora Hashish Inc. (NYSE:ACB – Get Rating) to submit $41.74 million in gross sales for the present quarter, Zacks reviews. 4 analysts have issued estimates for Aurora Hashish’ earnings, with the bottom gross sales estimate coming in at $37.95 million and the best estimate coming in at $47.46 million. Aurora Hashish posted gross sales of $43.56 million throughout the identical quarter final yr, which might point out a unfavorable yr over yr development charge of 4.2%. The corporate is anticipated to announce its subsequent quarterly earnings outcomes on Thursday, Might twelfth.
In accordance with Zacks, analysts anticipate that Aurora Hashish will report full-year gross sales of $178.85 million for the present yr, with estimates starting from $172.35 million to $184.05 million. For the following fiscal yr, analysts anticipate that the agency will submit gross sales of $195.17 million, with estimates starting from $177.88 million to $223.17 million. Zacks’ gross sales averages are a imply common primarily based on a survey of sell-side analysis analysts that comply with Aurora Hashish.
Aurora Hashish (NYSE:ACB – Get Rating) final introduced its quarterly earnings outcomes on Thursday, February tenth. The corporate reported ($0.42) earnings per share (EPS) for the quarter, lacking analysts’ consensus estimates of ($0.17) by ($0.25). Aurora Hashish had a unfavorable web margin of 167.83% and a unfavorable return on fairness of 11.52%. The enterprise had income of $48.07 million for the quarter, in comparison with analysts’ expectations of $45.87 million.
A number of equities analysts have not too long ago weighed in on the corporate. CIBC lowered their value goal on Aurora Hashish from C$9.25 to C$6.50 in a report on Thursday, February third. minimize their value goal on Aurora Hashish from C$6.50 to C$6.00 and set a “promote” ranking for the corporate in a analysis notice on Thursday, November eleventh. Cantor Fitzgerald minimize their value goal on Aurora Hashish from C$10.75 to C$7.60 in a analysis report on Friday, February eleventh. Lastly, Zacks Investment Research upgraded Aurora Hashish from a “promote” ranking to a “maintain” ranking in a analysis report on Monday, January thirty first. Three analysis analysts have rated the inventory with a promote ranking and eight have assigned a maintain ranking to the inventory. In accordance with MarketBeat.com, Aurora Hashish presently has a mean ranking of “Maintain” and a consensus goal value of $6.98.
Shares of ACB opened at $3.55 on Friday. The corporate has a fast ratio of three.70, a present ratio of 4.92 and a debt-to-equity ratio of 0.19. The enterprise’s 50 day shifting common value is $4.70 and its 200-day shifting common value is $6.07. Aurora Hashish has a 52 week low of $3.47 and a 52 week excessive of $11.42. The inventory has a market cap of $704.93 million, a P/E ratio of -2.26 and a beta of two.91.
A number of giant traders have not too long ago made modifications to their positions within the enterprise. ETF Managers Group LLC grew its place in Aurora Hashish by 1.5% throughout the 4th quarter. ETF Managers Group LLC now owns 11,435,872 shares of the corporate’s inventory price $62,897,000 after buying a further 169,935 shares over the past quarter. Vanguard Group Inc. elevated its holdings in Aurora Hashish by 6.2% throughout the 2nd quarter. Vanguard Group Inc. now owns 5,846,785 shares of the corporate’s inventory valued at $52,855,000 after buying a further 339,238 shares within the final quarter. Financial institution of Montreal Can elevated its holdings in Aurora Hashish by 6.4% throughout the 4th quarter. Financial institution of Montreal Can now owns 934,668 shares of the corporate’s inventory valued at $5,206,000 after buying a further 56,423 shares within the final quarter. Dimensional Fund Advisors LP elevated its holdings in Aurora Hashish by 78.0% throughout the 4th quarter. Dimensional Fund Advisors LP now owns 667,099 shares of the corporate’s inventory valued at $3,609,000 after buying a further 292,222 shares within the final quarter. Lastly, TD Asset Administration Inc. grew its holdings in shares of Aurora Hashish by 7.8% throughout the third quarter. TD Asset Administration Inc. now owns 659,000 shares of the corporate’s inventory price $4,562,000 after shopping for a further 47,662 shares within the final quarter. 17.61% of the inventory is presently owned by institutional traders.
Aurora Hashish Firm Profile (Get Rating)
Aurora Hashish, Inc engages within the manufacturing, distribution and sale of hashish merchandise. It additionally produces and sells indoor cultivation methods 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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