Is Aphria stock a good investment?
May 20, 2021 · How to Buy Aphria Inc. (APHA) Stock Pick a brokerage. Your first step is to choose a brokerage to host your account. Online brokers have completely dropped... Decide how many shares you want. How much do you want to invest in Aphria? Your investment amount should be based on... Choose your order ...
Should you invest in Aphria stock or not?
Jun 29, 2021 · How to Buy Aphria Stock on eToro. Step 1: Search for Aphria (APHA) Stock. Look up Aphria by typing the ticker symbol APHA into the search box. Step 2: …
Should Aphria stock investors take the money and run?
There are two methods you can apply to invest. You can invest in ASML stocks by buying them for the long term. This is beneficial when you have a lot of confidence in the future of the company. However, you can also choose to actively trade to benefit from price movements on the short term. But what is one of the best places to actively trade ...
Is Aphria a buy now?
Mar 11, 2021 · The single most compelling reason to buy Aphria stock right now is that this ratio absolutely must increase to the 0.8381 ratio included in the merger agreement. But just buying Aphria stock by ...
Is Aphria stock a good investment?
In summary, the stock of Aphria (NAS:APHA, 30-year Financials) gives every indication of being modestly undervalued. The company's financial condition is fair and its profitability is poor. Its growth ranks in the bottom 10% of the companies in Drug Manufacturers industry.Mar 28, 2021
Is Aphria a buy or sell?
Currently, Aphria is a Zacks Rank #5 (Strong Sell) in the Medical - Products industry that ranks in the Bottom 41% of our Zacks Industry Rank.Apr 12, 2021
Is Tilray buying Aphria?
After Tilray's (TLRY) shareholders voted in favor of the proposed merger Aphria (APHA) last Friday, the two cannabis companies announced today the completion of the transaction.May 3, 2021
Who is buying Aphria?
Tilray Inc. TLRY, -6.23% shareholders voted to approve the Canadian cannabis company's proposed merger with Aphria Inc. apha ca:apha at a special meeting on Friday, according to media reports, paving the way for the creation of the world's biggest cannabis company measured by revenue.May 2, 2021
What happens to my Aphria stock?
What will happen to Aphria once the arrangement is completed? Once completed, Tilray will acquire all outstanding Aphria Shares and Aphria will become a wholly-owned subsidiary of Tilray. Aphria Shares will be delisted from the TSX and NASDAQ.
Should I sell Aphria stock?
Stockchase rating for Aphria Inc is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.
Is Tilray an American company?
(Tilray) is a global pharmaceutical, cannabis-lifestyle and consumer packaged goods company, incorporated in the United States, headquartered in New York City, New York. Tilray also has operations in Canada, Australia, New Zealand, and Latin America, with growing facilities in Germany and Portugal.
Will Tilray and Aphria stocks merge?
In December, Aphria (ticker: APHA) and Tilray (TLRY) announced a plan to merge the two businesses. Aphria would effectively conduct a reverse takeover of Tilray, taking its corporate name and its listing on the Nasdaq, with a 62% interest in the combined company.Apr 16, 2021
Is Sundial growers a buy?
The price has been going up and down for this period, and there has been a -18.65% loss for the last 2 weeks....Predicted Opening Price for Sundial Growers Inc. of Thursday, April 21, 2022.Fair opening price April 21, 2022Current price$0.53$0.53 (Undervalued)
How will Aphria shares be converted?
Specifically with this stock-for-stock merger, at the time of the deal closing, each share you own of Aphria will convert into a share of Tilray. You then can use your new Tilray shares to close out your short trade on Tilray by giving your new Tilray shares back to the broker who you originally borrowed them from.Feb 10, 2021
What brands does Aphria own?
Aphria offers multiple products under a portfolio of recreational cannabis brands, including Good Supply, B! NGO, Solei, RIFF, and Broken Coast.
Is it better to own Aphria or Tilray?
The completion of the merger will get that ratio to the agreed-upon 0.8381. This means that Aphria's share price either needs to go up, Tilray's share price needs to come down, or both. Buying Aphria shares and shorting Tilray is arguably the best play to profit from the upcoming merger.Mar 3, 2021
Should I buy Aphria stock or wait?
Now could be a good time to invest in APHA. While the share price has fallen considerably over the last 12-months, Aphria has performed well and se...
What are the fees when buying Aphria stock?
Zero-commission stock and ETF trading is available to European clients who trade on eToro. This means that eToro doesn't add a dealing charge or an...
Is there an APHA stock price prediction?
Analysts estimate a median 12-month forecast of $5.68, which represents a 59.16% increase on the current APHA price of $3.57.
What does the Aphria stock dividend pay?
Aphria doesn't currently pay a dividend to shareholders.
Where to Buy Aphria Stock
If you want to invest in Aphria, start by creating an account with one of our recommended online stockbrokers. If you’re outside the United States, eToro is the best platform on which to buy APHA stock. If you’re inside the US or Canada, our top pick is Stash Invest.
Should I Buy Aphria stock? Points to Consider
It’s always best to do your research before you buy Aphria stock or other cannabis stocks, like Aurora stock. We always recommend taking a closer look at the company fundamentals and researching historic price movements and forecasts before you invest money.
How to Buy Aphria Stock on eToro
It’s quick and easy to invest in Aphria stock at our recommended broker, eToro. Once you’ve registered and deposited into your broker account, follow these simple steps to buy APHA stock.
Investing in Aphria Stock – Final Thoughts
After a tough 12-months, Aphria is starting to look like a solid prospect. Earnings are consistently strong, the cannabis derivatives market looks set to blow up and regulatory issues are close to being resolved. Given the extent to which APHA stock plummeted, there’s potential for plenty of upside ahead.
Should I buy Aphria stock or wait?
Now could be a good time to invest in APHA. While the share price has fallen considerably over the last 12-months, Aphria has performed well and seems relatively unscarred by the Coronavirus crisis. We’re not surprised to see most analysts rating it a solid Buy.
What are the fees when buying Aphria stock?
Zero-commission stock and ETF trading is available to European clients who trade on eToro. This means that eToro doesn't add a dealing charge or any administrative fees when you buy APHA stock.
Is there an APHA stock price prediction?
Analysts estimate a median 12-month forecast of $5.68, which represents a 59.16% increase on the current APHA price of $3.57.
Where can you buy the ASML stock?
Chips will become increasingly important. A strong manufacturer of machines that produce chips can therefore be a good investment. However, they must protect their secrets. Hackers have been a problem in the past.
How can you actively invest in ASML?
There are two methods you can apply to invest. You can invest in ASML stocks by buying them for the long term. This is beneficial when you have a lot of confidence in the future of the company. However, you can also choose to actively trade to benefit from price movements on the short term.
Is it wise to invest in ASML?
An investment in ASML shares can certainly turn out well. Large companies like Samsung and Intel depend on the equipment produced by the company. Both companies have bought ASML stocks: this is a good thing, because it means ASML can count on loyal customers in the future.
Hackers
A possible threat to ASML are hackers. After all, the company’s secrets are worth their weight in gold. In the past, this was done by the company XTAL, for example. However, XTAL was convicted and went bankrupt. They had to pay 865 million to ASML. Protecting their servers against cyber-attacks must be a priority for the company.
The future
ASML is constantly investing in new technologies. Manufacturers of smartphones, for example, are making increasingly high demands for their chips. The new system is due to come onto the market in 2024 and can lithograph up to 3 nanometres.
How big is the company?
ASML operates in 14 countries with 60 service points, supporting the placement and delivery of machines and spare parts.
What does ASML do?
ASML is a Dutch high-tech company with its headquarters and business complex in Veldhoven. The company is one of the main suppliers of complex machines for the semiconductor industry, especially steppers and scanners used in the manufacture of chips. Most of ASML’s customers are therefore chip producers.
Who is the CEO of Aphria?
Aphria is, without question, the dominant company in the deal. Its shareholders will control around 62% of the combined company, and its chairman and CEO Irwin Simon will retain his current roles in the new entity. Aphria will also hold seven of the nine spots on the board of directors.
Where is Tilray made?
Tilray operates a large-scale cannabis-production operation in Portugal. Of course, the biggest prize is the U.S. cannabis market. Both Aphria and Tilray already have U.S. operations, albeit not in cannabis. Aphria recently acquired SweetWater Brewing, a craft-beer maker that focuses on cannabis lifestyle brands.
What is arbitrage in stock market?
Arbitrage usually involves taking advantage of a price difference of a given stock (or other investment) between multiple markets. But every now and then, an opportunity for a different kind of arbitrage arises. That's what's happened with the merger of Aphria and Tilray.
Is Aphria a rival to Aurora?
For a long time, Aphria ( NASDAQ:APHA) was overshadowed by its rivals Canopy Growth and Aurora Cannabis. That's changed. Aphria is now arguably at the center of attention in the Canadian cannabis industry, thanks to its pending merger with Tilray ( NASDAQ:TLRY). Aphria's shares are up over 180% so far this year.
Is Tilray the biggest cannabis company?
For one thing, the company is set to soon become the biggest cannabis company in the world based on revenue after the Tilray merger closes. This large scale could be important as the main players compete for market share in a rapidly expanding global cannabis market.
Merger arbitrage in the Tilray and Aphria merger
Previously, I pointed to the juicy merger arbitrage in Tilray and Aphria stocks. According to the merger terms, Aphria stockholders will get 0.8381 Tilray shares for each Aphria share. Theoretically, Aphria stock should trade at 0.8381x of Tilray stock.
Aphria stock's valuation
Currently, Aphria stock trades at an LTM (last-12-month) EV-to-sales multiple of 12x. While the multiple is almost five times what we saw a year ago, it's still a fraction of the 162x LTM EV-to-sales multiple that we saw at the peak in 2018. Also, Aphria stock is trading at a discount to some of its peers.
Is APHA stock a buy after the crash?
The marijuana industry's outlook is strong. The Biden administration is expected to push for the federal legalization of marijuana, which would help lift adult-use marijuana sales in the country. Medical marijuana is also gaining traction globally.
How much is cannabis worth in 2024?
It could also unlock opportunities on a global scale. Research company Prohibition Partners estimates that the market for cannabis-infused drinks worldwide could top $5.8 billion in 2024, more than three times the $1.8 billion it is worth today.
Is Tilray a big player in hemp?
The companies' different elements will combine to produce a more diverse business that may be better able to deliver long-term growth. Tilray is a big player in hemp; that segment of its business generated $61.5 million in sales over the first nine months of 2020.
Is Aphria a stable company?
APHA data by YCharts. Part of the problem, though, is that Aphria has generally been the more stable cannabis company. Investors are likely concerned that the combination could end up doing it more harm than good. Tilray, for instance, reported a net loss of $268.1 million for the first three quarters of 2020.
Is Aphria a tilray?
Aphria ( NASDAQ:APHA) and Tilray ( NASDAQ:TLRY) made headlines in December when they announced they would be joining forces. Mega-mergers like this aren't common in the cannabis industry, especially not ones that fuse a pair of its bigger players. But investors aren't too excited about this deal -- Aphria's stock price has slid in ...
Is Aphria stock down?
Although Aphria's stock price is down since the merger announcement, that doesn't mean the company's shares will remain on a negative trajectory over the long term. Acquisitions and mergers often have a negative impact on a buyer's stock over the short term even if in the long run, the deal produces significant returns.
Is Aurora cheaper than Aphria?
But Aurora Cannabis (NYSE: ACB) is cheaper on that basis — and, again, not all of Aphria’s revenue is created equal. Per the company’s earnings releases, low-margin distribution revenue has totaled nearly $290 million over the past four quarters. That’s 40% of the pro forma total for both companies.
Is Aphria merged with Tilray?
Aphria’s pending merger with Tilray (NASDAQ: TLRY) admittedly makes some sense. Canadian operators desperately need consolidation amid an ongoing supply glut. The two companies see $79 million in cost synergies achievable within two years.
Is Aphria coming off an ugly earnings report?
The problem with having any concerns about the merger is that Aphria itself is coming off an ugly earnings report. Yet Aphria is the business that needs to do more of the heavy lifting post-merger.
Does Aphria own Sweetwater Brewing?
That business has gross margins of just 13% — and not all of the revenue comes from cannabis. Second, Aphria also now owns Sweetwater Brewing. That firm generated revenue of $67 million in 2019.
What is the ticker symbol for Tilray?
After the merger completion, the new entity trades under Tilray’s ticker symbol, “TLRY” on both the US and Canadian stock exchanges. In a press release, Tilray said that the combined entity had proforma revenue of $685 million in the last year.
Why was the merger with Tilray delayed?
The merger had got delayed due to the delay in approval from Tilray shareholders. However, the company lowered the quorum requirement for the shareholder meeting and it was eventually approved overwhelmingly towards the end of April.
Is Tilray a good buy?
Is Tilray stock a buy? Tilray stock has fallen sharply from the peaks. However, it looks a good buy now given the strong fundamentals of the new entity. Cannabis stocks have been on a fire over the last few trading sessions amid renewed hopes of marijuana legalization. Even Amazon has supported the federal legalization of marijuana.
Is Aphria a Tilray?
Aphria has stopped trading and all Aphria shares are now converted to Tilray shares. The merger had got delayed due to the delay in approval from Tilray shareholders.
