Is Aphria's (Aphria) stock a buy or sell?
Aphria has received a consensus rating of Hold. The company's average rating score is 2.38, and is based on 3 buy ratings, 5 hold ratings, and no sell ratings. According to analysts' consensus price target of $22.00, Aphria has a forecasted upside of 43.0% from its current price of $15.38.
Does Aphria have an upside of 43% from its current price?
According to analysts' consensus price target of $22.00, Aphria has a forecasted upside of 43.0% from its current price of $15.38. Aphria has received no research coverage in the past 90 days. Aphria has received 24 “outperform” votes.
What is the return on equity of Aphria?
Aphria had a negative trailing twelve-month return on equity of 2.30% and a negative net margin of 36.10%. Aphria's revenue for the quarter was up 6.4% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.02 EPS. View Aphria's earnings history. What price target have analysts set for APHA?
Why is Aphria investing in the hemp market?
The hemp market offers a path for Aphria to expand its presence in the U.S., where hemp-derived cannabidiol products are legal federally and can cross the border from Canada. That dovetails well with Aphria's current strategy of pursuing opportunities in the U.S. market.
Is Aphria a good stock to buy now?
Currently, Aphria is trading at close to 0.73 times Tilray's share price. 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.
What happens to Aphria stock after Tilray merger?
Under the terms of the proposed deal, Aphria shareholders will receive 0.8381 of a Tilray share of class 2 common stock for each Aphria share owned.
Should I sell my Aphria stocks?
Aphria Inc(APHA-T) Rating 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.
What is the forecast for APHA stock?
Aphria Inc quote is equal to 17.230 USD at 2022-06-07. Based on our forecasts, a long-term increase is expected, the "APHA" stock price prognosis for 2026-07-01 is 58.128 USD. With a 5-year investment, the revenue is expected to be around +237.36%. Your current $100 investment may be up to $337.36 in 2027.
Did Tilray buy out Aphria?
Tilray-Aphria merger closes, expanded company to control biggest share of Canadian pot market. Canadian cannabis companies Tilray Inc. and Aphria Inc. say their merger deal has now closed after receiving approval from shareholders of both companies.
How much did Tilray buy Aphria for?
Back in December, Tilray entered into a definitive agreement to acquire Aphria in a deal with a listed market valuation of ~$4 billion, at the time. Aphria shareholders will receive 0.8381 shares of Tilray and end up controlling 62% of the company.
Is Tilray a good buy?
The 2021 merger between two strong cannabis companies, Tilray (TLRY 0.84%) and Aphria, is turning out to be fruitful. Since the deal was completed, Tilray has reported impressive quarterly results. Its recent third quarter (ended Feb. 28) report had some brights spots for investors.
Should I sell or hold Tilray?
(TLRY-Q) Rating. Stockchase rating for Tilray 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.
Will Tilray go back up?
Under the deal Tilray will buy up to US$211m worth of Hexo convertible bonds which would allow it to buy stock at C$0.9 and "acquire a significant equity ownership position"....Tilray's fiscal Q1 2022 results.Long position overnight fee-0.0225%Spread0.972 more rows
Why is Aphria stock dropping?
Aphria stock plunged Monday after the Canadian cannabis firm missed expectations for third-quarter sales and its net loss widened. Also falling were shares of Canadian peer Tilray , which plans to merge with Aphria.
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.
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 much is Aphria's profit?
Increasing profits: Aphria Inc. has shown growth in gross profits for 4 straight years, including a jump from $75 million to $190 million between 2019 and 2020.
What is aphria cannabis?
Aphria Inc. is a small Canadian cannabis producer with big aspirations. As social attitudes and governmental regulations surrounding cannabis change in the United States, the sector could provide plenty of unique investment opportunities.
When will Aphria and Tilray merge?
Merger with Tilray. Tilray shareholders voted to approve a proposed merger with Aphria at a special shareholder meeting on Friday April 30, 2021. The merger will result in the formation of the world’s largest cannabis company by revenue.
How to buy shares on the open market?
Choose a broker: In order to purchase shares on the open market, you’ll need a brokerage account to complete the transaction. Before choosing a broker, you’ll need to determine your trading goals and make sure the firm is a good fit. Fund your account: In order to buy shares, you’ll need to get money into your account.
Is aphria a volatile market?
The cannabis market can be volatile, but an investment in Aphria can bring benefits like: Regulatory headwinds: Aphria Inc. is a cannabis grower and distributor that resides a short boat ride away from a wide range of new potential customers in the United States.
Is Aphria a household name?
Despite enlisting only 1,200 full-time employees near the banks of Lake Erie, Aphria has become a household name in the marijuana sector thanks to its explosive stock growth.
How much is Aphria stock?
Aphria stock was trading at $8.45 at about 10:00 a.m. ET on Dec. 16, which reflects a gain of more than 4 percent. The stock has gained 56 percent in 2020. Tilray stock was trading at $9.75, which is a gain of 23 percent. So far, Tilray is down 55 percent in 2020.
Does Aphria pay dividends?
Currently, Aphria doesn’t pay a dividend. Since the cannabis industry is capital intensive, Aphria reinvests the money it makes into expanding its business. The company has been investing to increase its production capacity. Earlier this year, Aphria floated the idea of paying dividends as its profitability improves.
Aphria's stock forecast
The most bullish Wall Street analyst sees 13 percent upside potential in Aphria stock from the current level to $9.45. In contrast, the most bearish analyst sees a 36 percent downside in Aphria.
Is Aphria stock a buy?
Aphria merging with Tilray will create the world’s largest cannabis company. The combined company will be best placed to take advantage of the rapidly expanding cannabis market.
How much is Aphria sales in 2021?
In the fiscal third quarter of 2021, Aphria reported net sales of $153.6 million. This reflected a year-over-year increase of 6.4% compared to net sales of $144.4 million in the prior-year period. Comparatively, Bay Street expected Aphria to post sales of $166.2 million in the December quarter.
When did Aphria go public?
Shares of Aphria (TSX:APHA) (NASDAQ:APHA) were trading at $0.75 shortly after it went public in December 2014.
Is the cannabis market volatile in 2021?
Stocks in the cannabis space continue to remain volatile in 2021 . Canadian pot stocks were trading near record highs when the country legalized marijuana for recreational use back in October 2018. However, investor enthusiasm soon turned bearish as companies were impacted by a slew of structural issues, including lower-than-expected demand, mounting losses, a thriving black market, and high inventory levels.
Is Aphria a Tilray?
The most important driver of Aphria stock is its upcoming merger with Tilray, which will make the combined entity the largest cannabis company in the world. Both the companies already have a presence in the U.S. and can scale production once marijuana is legalized in the country.
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.
