How to buy shares in Aphria
- Choose a platform. If you're a beginner, our share-dealing table below can help you choose.
- Open your account. You'll need your ID, bank details and national insurance number.
- Confirm your payment details. ...
- Search the platform for stock code: APHA in this case.
- Research Aphria shares. ...
- Buy your Aphria shares. ...
Full Answer
Is Aphria stock a good investment?
Aphria stock is relatively cheap by the standards of the cannabis sector. And the company is profitable, at least on an EBITDA (earnings before interest, taxes, depreciation and amortization) basis. © Provided by InvestorPlace Marijuana plants growing in a greenhouse. The balance sheet isn’t in bad shape.
Should you invest in Aphria stock or not?
The company will receive 0.8381 shares of Tilray and get about 62% of the ownership of the new entity. Interestingly enough, based on these terms, APHA stock is trading at a discount. This actually presents an arbitrage opportunity, in which an investor can short Tilray and buy Aphria to lock in a gain.
Should Aphria stock investors take the money and run?
When you have years or even decades to let your money grow ... in stock prices, and while many people try to profit from those short-term moves, long-term investors should be laser-focused ...
Is Aphria a buy now?
These rallying stocks are great for buying right now and hold forever ... but it’s a good stock to buy for the long-term. Aphria announced its Q2 of fiscal 2021 results on January 14. During the quarter, its revenue rose by 33% year-over-year.
Can I buy Aphria stock?
(APHA) Stock Summary: The basic steps to invest in Aphria are the same you can follow to buy any stock. You can buy stock in 3 simple steps, but each requires multiple decisions as you determine your needs and limits.
What happens to my Aphria stock after merger?
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.
Will Aphria stock become Tilray?
Aphria to lose its name and independent stock symbol Wednesday. Tilray Inc. and Aphria Inc. say their merger deal has now closed after receiving approval from shareholders of both companies.
Is Aphria a good long term investment?
Because Aphria is relatively undervalued, the long-term return of its stock is likely to be higher than its business growth, which averaged 125.7% over the past three years and is estimated to grow 26.56% annually over the next three to five years.
What is the new stock symbol for Aphria?
APHAAphria Inc. (APHA) Stock Price, News & Info | The Motley Fool.
When did Tilray buy Aphria?
The company will continue to trade on the Nasdaq Global Select Exchange under the symbol "TLRY" and will commence trading on the Toronto Stock Exchange under the symbol "TLRY" on May 5. Under the terms, Aphria shareholders receive 0.8381 of a Tilray share for each common share of Aphria. Aphria's CEO Irwin D.
Who merged with Aphria?
TilrayThe mega-merger deal between Canadian cannabis companies Aphria and Tilray (TLRY -4.34%) was the highlight of the marijuana industry this year. The deal closed on May 3 and the "new" Tilray was formed, and in the process, became the world's largest cannabis company by revenue.
What is Aphria called now?
TilrayLast week, Tilray (TLRY) and Aphria formally merged to form a new company. It instantly became the industry leader in the Canadian pot market.
Did TLRY and apha merge?
Tilray Inc. TLRY, -5.41% 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.
Is Tilray a buy now?
In fact, this is the right time to buy Tilray stock, which is trading more than 50% below its 52-week high. Unlike Aurora Cannabis, Tilray has more chances of establishing a strong position in the U.S. market (if and when federal legalization happens).
Is Tilray a good buy right now?
Shares of Tilray are not in a base or in buy range. So TLRY stock is not a buy right now. IBD advises investors to focus on stocks with stronger fundamentals that are moving into buy zones.
Will Tilray stock go up?
Tilray Brands Inc (NASDAQ:TLRY) The 16 analysts offering 12-month price forecasts for Tilray Brands Inc have a median target of 7.00, with a high estimate of 23.00 and a low estimate of 2.60. The median estimate represents a +119.44% increase from the last price of 3.19.
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.
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 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 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 bad buy?
So the short answer is no, that Aphria isn't necessarily a bad buy because of the merger with Tilray, nor is the recent decline necessarily a sign of bad things to come. The companies' different elements will combine to produce a more diverse business that may be better able to deliver long-term growth.
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.
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.
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.
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.
How many hold ratings are there for Aphria?
There are currently 5 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" Aphria stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in APHA, but not buy additional shares or sell existing shares.
Is Aphria a hold stock?
Wall Street analysts have given Aphria a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Aphria wasn't one of them.