NASDAQ:HITI High Tide (HITI) Stock Price, News & Analysis $1.96 -0.04 (-2.00%) (As of 09/6/2024 ET) Add Compare Share Share Today's Range$1.92▼$2.0350-Day Range$1.67▼$2.1552-Week Range$1.14▼$2.85Volume294,389 shsAverage Volume529,727 shsMarket Capitalization$157.67 millionP/E RatioN/ADividend YieldN/APrice Target$4.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestTrends Get High Tide alerts: Email Address High Tide MarketRank™ Stock AnalysisAnalyst RatingStrong Buy3.50 Rating ScoreUpside/Downside129.6% Upside$4.50 Price TargetShort InterestBearish6.76% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.35Based on 3 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($0.03) to $0.05 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.1.60 out of 5 starsMedical Sector631st out of 910 stocksRetail Stores, Not Elsewhere Classified Industry9th out of 13 stocks 3.8 Analyst's Opinion Consensus RatingHigh Tide has received a consensus rating of Strong Buy. The company's average rating score is 3.50, and is based on 1 buy rating, no hold ratings, and no sell ratings.Amount of Analyst CoverageHigh Tide has only been the subject of 1 research reports in the past 90 days.Read more about High Tide's stock forecast and price target. Previous Next 1.0 Short Interest Percentage of Shares Shorted6.76% of the float of High Tide has been sold short.Short Interest Ratio / Days to CoverHigh Tide has a short interest ratio ("days to cover") of 10.4, which indicates bearish sentiment.Change versus previous monthShort interest in High Tide has recently decreased by 1.79%, indicating that investor sentiment is improving. Previous Next 0.0 Dividend Strength Dividend YieldHigh Tide does not currently pay a dividend.Dividend GrowthHigh Tide does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for HITI. Previous Next 2.4 News and Social Media Coverage News SentimentHigh Tide has a news sentiment score of 0.35. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.55 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 3 news articles for High Tide this week, compared to 1 article on an average week.Search Interest8 people have searched for HITI on MarketBeat in the last 30 days. This is an increase of 167% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added High Tide to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, High Tide insiders have not sold or bought any company stock.Percentage Held by Insiders12.44% of the stock of High Tide is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 4.52% of the stock of High Tide is held by institutions.Read more about High Tide's insider trading history. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for High Tide are expected to grow in the coming year, from ($0.03) to $0.05 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of High Tide is -6.13, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of High Tide is -6.13, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioHigh Tide has a P/B Ratio of 1.48. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about High Tide's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Porter & CompanyTrump’s weapon lurks in abandoned AmericaUnemployment is sky-high, wages are at record lows. Addiction has overwhelmed these once thriving coal towns. Hopelessness abounds. And looking in, the future here looks bleak for these forgotten souls. But in a strange twist of fate, something miraculous is taking place…Go here now to watch my new documentary About High Tide Stock (NASDAQ:HITI)High Tide Inc. engages in the cannabis retail business in Canada, the United States, and internationally. The company operates through Retail and Wholesale segments. It operates licensed retail cannabis stores; and provides data analytics services. In addition, the company manufactures and distributes consumption accessories. Further, it sells its products through online sales via e-commerce platform. The company offers its products under the Daily High Club, DankStop, FABCBD, GC, Nuleaf, Smoke Cartel, and Blessed CBD brands. The company was formerly known as High Tide Ventures Inc. and changed its name to High Tide Inc. in October 2018. High Tide Inc. was founded in 2009 and is headquartered in Calgary, Canada.Read More HITI Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart HITI Stock News HeadlinesSeptember 6 at 1:50 AM | americanbankingnews.comHigh Tide (NASDAQ:HITI) Shares Down 2.4% September 5 at 6:00 AM | prnewswire.comHigh Tide to Open Canna Cabana in Lucan, OntarioSeptember 7, 2024 | Porter & Company (Ad)Why billionaires are wiring money to abandoned towns A new force is brewing in these forgotten towns that could soon turn Appalachia into one of America’s most valuable economic hubs – the beating heart of a new multi-billion-dollar revolution. September 3, 2024 | prnewswire.comHigh Tide to Launch Next-Gen Canna Cabana 2.0 WebsiteAugust 22, 2024 | prnewswire.comHigh Tide to Announce Third Fiscal Quarter 2024 Financial ResultsAugust 8, 2024 | prnewswire.comHigh Tide Surpasses 1.5 Million Cabana Club MembersAugust 5, 2024 | msn.comCanadian Cannabis Retail Giant High Tide Announces Closing Of $10.8M In Subordinated Debt FacilityAugust 2, 2024 | prnewswire.comHigh Tide Announces Closing of $15 Million in Subordinated Debt FacilitySeptember 7, 2024 | Porter & Company (Ad)Why billionaires are wiring money to abandoned towns A new force is brewing in these forgotten towns that could soon turn Appalachia into one of America’s most valuable economic hubs – the beating heart of a new multi-billion-dollar revolution. August 2, 2024 | investorplace.com7 Low-Cost Stocks With Unexpected Growth PotentialJuly 31, 2024 | prnewswire.comHigh Tide Opens Four New Canna Cabana Stores in Alberta and OntarioJuly 19, 2024 | barrons.comHigh Tide Inc.July 16, 2024 | prnewswire.comMaking Waves: 2024 Jeep® Gladiator High Tide Edition Debuts Exclusively for the Sunshine StateJuly 10, 2024 | prnewswire.comHigh Tide Announces Voting Results of Annual General and Special Meeting of ShareholdersJune 28, 2024 | prnewswire.comHigh Tide Opens Two New Canna Cabana Stores in Alberta and SaskatchewanJune 26, 2024 | prnewswire.comHigh Tide to Acquire Mississauga Retail Cannabis StoreJune 20, 2024 | prnewswire.comHigh Tide to Open 80th Canna Cabana in AlbertaJune 17, 2024 | investorplace.comBreakout Alert! 7 Stocks Wall Street Is Sending to the MoonSee More Headlines Receive HITI Stock News and Ratings via Email Sign-up to receive the latest news and ratings for High Tide and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings3/18/2024Today9/07/2024Next Earnings (Confirmed)9/16/2024Fiscal Year End10/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorMedical Industry Retail stores, not elsewhere classified Sub-IndustryN/A Current SymbolNASDAQ:HITI CUSIPN/A CIK1847409 Webwww.hightideinc.com Phone855-747-6420FaxN/AEmployees1,550Year FoundedN/APrice Target and Rating Average Stock Price Target$4.50 High Stock Price Target$4.50 Low Stock Price Target$4.50 Potential Upside/Downside+129.6%Consensus RatingStrong Buy Rating Score (0-4)3.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)($0.32) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-29,140,000.00 Net Margins-7.07% Pretax Margin-8.10% Return on Equity-1.06% Return on Assets-0.64% Debt Debt-to-Equity Ratio0.21 Current Ratio1.17 Quick Ratio0.72 Sales & Book Value Annual Sales$503.78 million Price / Sales0.31 Cash Flow$0.25 per share Price / Cash Flow7.90 Book Value$1.32 per share Price / Book1.48Miscellaneous Outstanding Shares80,446,000Free Float70,439,000Market Cap$157.67 million OptionableOptionable Beta0.47 Beginners Guide To Retirement StocksClick the link below and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio. Get This Free Report Key ExecutivesMr. Harkirat Grover (Age 42)Founder, CEO, President & Executive Chairman Comp: $464.75kMr. Sergio Patino C.M.A.CPA, Chief Financial OfficerMr. Aman SoodChief Operating OfficerMr. Omar Yar KhanChief Communications & Public Affairs OfficerMr. Andreas-Alexander Palalas (Age 33)Chief Marketing Officer Comp: $159.04kMs. Joy Lisa AvzarVP & Legal CounselMs. Sandy SharmaVice President of Human ResourcesMr. Shimshon Posen J.D.Secretary & TreasurerKrystal DafoeDirector of Corporate GovernanceMore ExecutivesKey CompetitorsATRenewNYSE:RERELeslie'sNASDAQ:LESL1-800-FLOWERS.COMNASDAQ:FLWSStar GroupNYSE:SGUTitan MachineryNASDAQ:TITNView All CompetitorsInstitutional OwnershipRenaissance Technologies LLCSold 110,900 shares on 8/9/2024Ownership: 0.357%Perritt Capital Management IncBought 60,000 shares on 8/8/2024Ownership: 0.155%Baader Bank AktiengesellschaftBought 51,741 shares on 7/17/2024Ownership: 0.313%View All Institutional Transactions HITI Stock Analysis - Frequently Asked Questions How have HITI shares performed this year? High Tide's stock was trading at $1.63 at the beginning of the year. Since then, HITI stock has increased by 20.2% and is now trading at $1.96. View the best growth stocks for 2024 here. How were High Tide's earnings last quarter? High Tide Inc. (NASDAQ:HITI) released its earnings results on Monday, March, 18th. The company reported ($0.01) EPS for the quarter, beating the consensus estimate of ($0.03) by $0.02. The company had revenue of $94.76 million for the quarter, compared to the consensus estimate of $94.43 million. High Tide had a negative net margin of 7.07% and a negative trailing twelve-month return on equity of 1.06%. Who are High Tide's major shareholders? Top institutional investors of High Tide include Renaissance Technologies LLC (0.36%), Baader Bank Aktiengesellschaft (0.31%) and Perritt Capital Management Inc (0.16%). How do I buy shares of High Tide? Shares of HITI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:HITI) was last updated on 9/7/2024 by MarketBeat.com Staff From Our PartnersPerfect Crypto Buying Opportunity for 50 CentsWhen cryptos take a hit, the mom and pop investors run for the hills. But the top investors keep buying wit...Crypto 101 Media | SponsoredThe solution to fast food’s wage hike crisisShake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase,...Deal Maker | SponsoredPre-IPO| 32,481% Growth: First Disruption to $martphones in 15 Years🤳45M Users | 32,481% Growth Rate Get in on the biggest disruption to smartphones in over a decade. Reg A inv...Mode Mobile | SponsoredBiden’s Capital Gains Tax to Devastate Savings!Don't let the corrupt elites dictate your future—ACT NOW! This guide is your first step towards financial inde...Golden Crest | SponsoredTim Sykes’ Urgent Trade Alert: “Make this move now”WARNING: 80 Wall Street banks are gearing up for MASSIVE D.C. shock This $2 trillion D.C. shock is NOT abou...Timothy Sykes | SponsoredSay Goodbye to the US DollarThe warning signs are everywhere… According to experts, the United States Dollar is "as good as doomed." ...Sasco Gold LLC | SponsoredChina Stockpiling Gold “Like No Tomorrow”For 18 consecutive months, China’s central bank has increased its gold reserve. The country, with a populat...True Gold Republic | SponsoredMy grim warning about AI stocksToday, I’m warning of another looming catastrophe. Only this time, it’s not in pot stocks, cryptos, or U.S....Porter & Company | Sponsored Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding High Tide Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Share High Tide With A Colleague Link copied to clipboard. Get 30 Days of MarketBeat All Access for Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools. Start Your 30-Day Trial MarketBeat All Access Features Best-in-Class Portfolio Monitoring Get personalized stock ideas. Compare portfolio to indices. Check stock news, ratings, SEC filings, and more. Stock Ideas and Recommendations See daily stock ideas from top analysts. Receive short-term trading ideas from MarketBeat. Identify trending stocks on social media. Advanced Stock Screeners and Research Tools Use our seven stock screeners to find suitable stocks. Stay informed with MarketBeat's real-time news. Export data to Excel for personal analysis. Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
