Aurora Cannabis Inc. to Post FY2027 Earnings of $0.02 Per Share, Atb Cap Markets Forecasts (NASDAQ:ACB)

Aurora Cannabis Inc. (NASDAQ:ACB) – Investment analysts at Atb Cap Markets issued their FY2027 earnings per share estimates for shares of Aurora Cannabis in a report released on Thursday, June 20th. Atb Cap Markets analyst F. Gomes forecasts that the company will post earnings of $0.02 per share for the year. The consensus estimate for Aurora Cannabis’ current full-year earnings is ($0.32) per share. Atb Cap Markets also issued estimates for Aurora Cannabis’ FY2028 earnings at $0.34 EPS and FY2029 earnings at $1.11 EPS.

Aurora Cannabis Stock Performance

NASDAQ:ACB opened at $5.09 on Monday. The firm’s 50-day moving average is $6.47 and its 200-day moving average is $5.09. The company has a market cap of $277.66 million, a price-to-earnings ratio of -3.64 and a beta of 1.89. The company has a debt-to-equity ratio of 0.14, a quick ratio of 2.45 and a current ratio of 3.79. Aurora Cannabis has a 52-week low of $2.84 and a 52-week high of $11.50.

Hedge Funds Weigh In On Aurora Cannabis

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. MMCAP International Inc. SPC bought a new position in shares of Aurora Cannabis during the 3rd quarter worth approximately $4,659,000. Mackenzie Financial Corp bought a new position in shares of Aurora Cannabis during the fourth quarter valued at $98,000. Virtu Financial LLC bought a new position in shares of Aurora Cannabis during the first quarter valued at $727,000. Vanguard Personalized Indexing Management LLC acquired a new stake in shares of Aurora Cannabis in the 4th quarter valued at $42,000. Finally, Toronto Dominion Bank grew its holdings in shares of Aurora Cannabis by 219.4% in the 3rd quarter. Toronto Dominion Bank now owns 62,943 shares of the company’s stock worth $37,000 after purchasing an additional 43,236 shares during the last quarter. 47.63% of the stock is owned by institutional investors.

Aurora Cannabis Company Profile

Aurora Cannabis Inc, together with its subsidiaries, produces, distributes, and sells cannabis and cannabis-derivative products in Canada and internationally. It operates through three segments: Canadian Cannabis, European Cannabis, and Plant Propagation. The company produces, distributes, and sells medical and consumer cannabis products in Canada.