Is Aphria stock a good investment?
Jun 29, 2021 · 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...
Should you invest in Aphria stock or not?
May 20, 2021 · How to Buy Aphria Inc. (APHA) Stock. The cannabis trade is flying high, and Aphria Inc. has been a major beneficiary. Despite enlisting only 1,200 full-time employees near the banks of Lake Erie ...
Should Aphria stock investors take the money and run?
Looking to buy Aphria stock? View today's APHA stock price, trade commission-free, and discuss APHA stock updates with the investor community.
Is Aphria a buy now?
Feb 16, 2021 · According to the merger terms, Aphria stockholders will get 0.8381 Tilray shares for each Aphria share. Theoretically, Aphria stock should trade at …
Can you 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.May 20, 2021
Should I buy Aphria stock 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.Mar 11, 2021
Does Aphria sell in the US?
Aphria Inc. Announces Strategic Entry into the United States with an Agreement to Acquire SweetWater Brewing Company. LEAMINGTON, ON, Nov. 4, 2020 /PRNewswire/ – Aphria Inc.Nov 4, 2020
Is Tilray buying Aphria?
Tilray shareholders approve Aphria merger, creating world's biggest cannabis company 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.
Is Aphria stock 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. ... The net effect has widened our Zacks Consensus Estimate for the current quarter from a loss of 2 cents per share to a loss of 3 cents in that period.Apr 12, 2021
Who is Cole Cacciavillani?
Cole Cacciavillani, Aphria's Co-chair and Founder is an industrial engineer. Cole's agricultural background and understanding of growing technology allows us at Aphria to produce quality natural health care alternatives.
Will Tilray bounce back?
The analysts following Tilray expect it to perhaps double its 2021 revenues in fiscal 2022. That means that it is possible for Tilray to reach $4 billion in 2024 if its trajectory continues as it has. In other words, it doubles in 2022 to reach $1 billion in revenue.Jan 4, 2022
Should I sell my Tilray stock?
(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.
What company is merging with Tilray?
AphriaBy merging with Aphria, Tilray has equipped itself to both expand and grow.Jun 24, 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.
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.
About APHA
Aphria is the standard for safe, clean, and pure pharmaceutical-grade cannabis at scale, grown in the most natural conditions possible. Aphria vision is to be the best performing cannabis company globally, providing investors with access to the most accretive cannabis opportunities around the world.
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Rating
What analysts on recommend for this stock, on a scale from 1 (buy) to 5 (sell).
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.
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.
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.
