$6.83 -$0.10 (-1.4%)

04:15 PM EDT on 05/17/19

APHRIA INC (NYSE:APHA)

CAPS Rating: 2 out of 5

Current Price $6.83 Mkt Cap $1.7B
Open $6.93 P/E Ratio 0.00
Prev. Close $6.93 Div. (Yield) $0.00 (0.0%)
Daily Range $6.81 - $7.00 Volume 531,159
52-Wk Range $5.45 - $10.95 Avg. Daily Vol.

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All Players

62 Outperform
33 Underperform
 

All-Star Players

18 Outperform
24 Underperform
 

Wall Street

0 Outperform
0 Underperform
 

Top NYSE:APHA Bull/Bear Pitches

The best Bull and Bear pitches based on recency and number of recommendations.

MightyMaven (< 20)
Submitted November 09, 2017

Hot industry. Best of breed company in its industry. Very low cost producer compared to others in the industry. Continually putting up good numbers investors look for month after month, quarter after quarter. Strong plans strategically and… More

rhallbick (94.61)
Submitted January 11, 2018

May have gotten ahead of itself.

NYSE:APHA VS S&P 500 (SPY)

NYSE:APHA Summary

Fools bullish on NYSE:APHA are also bullish on:

Recent Community Commentary

Read the most recent pitches from players about APHA.

Recs

0
Member Avatar LastPlaceLenny (52.98) Submitted: 3/15/2019 2:44:06 AM : Underperform Start Price: $9.40 NYSE:APHA Score: +29.28

Will see lots of ups and downs short term, will probably get bought out by a bigger fish.

Recs

0
Member Avatar Bigsef77 (68.20) Submitted: 1/31/2019 3:46:15 PM : Outperform Start Price: $13.60 NYSE:APHA Score: -56.80

Why Aphria Soared Today
[Motley Fool]
Keith Speights, The Motley Fool
,Motley Fool•January 31, 2019
What happened

Shares of Aphria (NYSE: APHA) soared 13.8% as of 3 p.m. EST on Thursday. The Canadian marijuana stock received a big boost after Bloomberg reported that Green Growth Brands (NASDAQOTH: GGBXF) is open to negotiations regarding its attempt to buy the company. Green Growth Brands first proposed to acquire Aphria in December and formally submitted its offer last week.
So what

Green Growth Brands' initial offer was pretty much dead on arrival. The U.S.-based marijuana grower proposed to acquire Aphria in an all-stock transaction valued at around $1.8 billion. But Aphria is worth significantly more than that now, with its market cap over $2 billion.
Marijuana leaves on top of a line chart going up
Marijuana leaves on top of a line chart going up

Image source: Getty Images.

Last week, Aphria urged its shareholders to take no action on the Green Growth Brands offer. The company stated that its board of directors was reviewing the proposal. However, Aphria's board determined that Green Growth's offer in December "significantly undervalued" the company. Green Growth's latest terms are essentially the same as what it floated a month ago.

Green Growth Brands CEO Peter Horvath told Bloomberg that "there's a chance the offer might change." But it would probably take a really big upwards revision to the company's bid for it to be attractive to Aphria shareholders. Until a much higher number is on the table, the potential that Green Growth could increase its offered price for Aphria doesn't mean very much.
Now what

Investors will certainly be interested in how Green Growth's hostile takeover attempt of Aphria plays out. The smart money right now, though, would be on this potential acquisition fizzling out. However, don't rule out the possibility that other companies might take a run at Aphria.

Despite its recent surge, Aphria's share price remains well below its high levels set in 2018. The company came under fire after short-sellers alleged that it drastically overpaid for the acquisition of LATAM Holdings last year. A special committee consisting of independent members of Aphria's board of directors is conducting a review about this acquisition.

Aphria is at a critical juncture with this review going on and its search for a new CEO. Current CEO Vic Neufeld and co-founder Cole Cacciavillani are stepping down from their executive roles. Aphria might not be very interested in Green Growth Brands' current offer, but it would likely consider selling if the price was right.

Recs

0
Member Avatar edwinaanne (83.07) Submitted: 1/24/2019 10:38:50 PM : Outperform Start Price: $7.09 NYSE:APHA Score: -11.33

Recreational mj market including infused products and edibles; Eurpoean, Latin American and Carribean and American markets. Cheap stock now should rise in a couple of years exponentially.

Leaderboard

Find the members with the highest scoring picks in APHA.

Score Leader

ershler

ershler (85.85) Score: +163.17

The Score Leader is the player with the highest score across all their picks in APHA.

Top
Pick
Member Name Member
Rating
Start
Date
Call Time
Frame
Start
Price
Stock
Gain
Index
Gain
Score Commentary
stocksracer 89.41 6/6/2017 Outperform 5Y $3.74 +82.86% +17.52% +65.35 2 Comments
sirhc1978 73.19 6/9/2017 Outperform 5Y $3.76 +81.65% +17.16% +64.49 0 Comment
This player feels very strongly about this pick and has marked it a Top Pick. Top Picks do not affect a player’s score. upatthewire88 89.66 6/28/2017 Outperform 5Y $4.09 +67.20% +17.93% +49.27 0 Comment
OttoBismarck 99.95 10/22/2018 Underperform 5Y $11.83 -42.27% +3.94% +46.21 0 Comment
Stoic 65.74 10/25/2018 Underperform 5Y $10.84 -37.00% +6.95% +43.96 0 Comment
chrispycrunch 91.28 2/5/2019 Underperform 5Y $10.10 -32.38% +5.06% +37.44 0 Comment
TheSlightEdge 98.91 2/1/2019 Underperform 3W $9.51 -28.18% +5.93% +34.12 0 Comment
kiwiwiz 68.96 2/1/2019 Underperform 3W $9.41 -27.42% +5.75% +33.17 0 Comment
RRobertsmith 63.96 2/7/2019 Underperform 3M $9.30 -26.56% +5.55% +32.11 0 Comment
Gmoney70 49.32 5/8/2017 Outperform 5Y $4.56 +49.95% +19.28% +30.67 0 Comment

Wall Street

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