$6.39 -$0.06 (-0.9%)

04:00 PM EDT on 07/19/19

APHRIA INC (NYSE:APHA)

CAPS Rating: 2 out of 5

Current Price $6.39 Mkt Cap $1.6B
Open $6.41 P/E Ratio 0.00
Prev. Close $6.45 Div. (Yield) $0.00 (0.0%)
Daily Range $6.35 - $6.50 Volume 259,200
52-Wk Range $5.45 - $10.95 Avg. Daily Vol. 46

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All Players

68 Outperform
30 Underperform
 

All-Star Players

18 Outperform
23 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.

Bigsef77 (69.48)
Submitted January 31, 2019

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

rhallbick (91.36)
Submitted January 11, 2018

May have gotten ahead of itself.

NYSE:APHA VS S&P 500 (SPY)

NYSE:APHA Summary

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Recent Community Commentary

Read the most recent pitches from players about APHA.

Recs

0
Member Avatar Jordrok (88.58) Submitted: 6/17/2019 11:25:17 AM : Outperform Start Price: $6.82 NYSE:APHA Score: -8.89

Undervalued, assuming their problems are behind them.

Recs

0
Member Avatar LastPlaceLenny (61.67) Submitted: 3/15/2019 2:44:06 AM : Underperform Start Price: $9.40 NYSE:APHA Score: +37.98

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

Recs

1
Member Avatar Bigsef77 (69.48) Submitted: 1/31/2019 3:46:15 PM : Outperform Start Price: $13.60 NYSE:APHA Score: -64.26

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.

Leaderboard

Find the members with the highest scoring picks in APHA.

Score Leader

ershler

ershler (89.61) 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
OttoBismarck 99.95 10/22/2018 Underperform 5Y $11.83 -45.99% +8.04% +54.03 0 Comment
stocksracer 86.40 6/6/2017 Outperform 5Y $3.74 +71.08% +22.15% +48.93 2 Comments
sirhc1978 74.24 6/9/2017 Outperform 5Y $3.76 +69.95% +21.78% +48.17 0 Comment
chrispycrunch 91.51 2/5/2019 Underperform 5Y $10.10 -36.73% +9.20% +45.94 0 Comment
TheSlightEdge 99.26 2/1/2019 Underperform 3W $9.51 -32.81% +10.11% +42.92 0 Comment
kiwiwiz 51.07 2/1/2019 Underperform 3W $9.41 -32.09% +9.92% +42.02 0 Comment
RRobertsmith < 20 2/7/2019 Underperform 3M $9.30 -31.29% +9.71% +41.00 0 Comment
northcutt0 < 20 2/14/2019 Underperform 5Y $9.10 -29.78% +8.57% +38.35 0 Comment
LastPlaceLenny 61.67 3/15/2019 Underperform 1Y $9.40 -32.02% +5.96% +37.98 1 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 91.34 6/28/2017 Outperform 5Y $4.09 +56.43% +22.58% +33.85 0 Comment

Wall Street

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