High Tide Inc. (NASDAQ:HITI - Free Report) - Equities research analysts at Ventum Cap Mkts issued their Q1 2025 earnings per share (EPS) estimates for High Tide in a report issued on Thursday, January 30th. Ventum Cap Mkts analyst A. Semple forecasts that the company will post earnings of ($0.01) per share for the quarter. Ventum Cap Mkts also issued estimates for High Tide's Q2 2025 earnings at ($0.01) EPS, Q3 2025 earnings at $0.00 EPS, Q4 2025 earnings at $0.01 EPS and FY2025 earnings at ($0.01) EPS.
High Tide (NASDAQ:HITI - Get Free Report) last released its earnings results on Wednesday, January 29th. The company reported ($0.04) EPS for the quarter, missing analysts' consensus estimates of ($0.02) by ($0.02). High Tide had a negative return on equity of 2.93% and a negative net margin of 0.81%.
Separately, Roth Capital upgraded High Tide to a "strong-buy" rating in a research report on Friday, November 8th.
Read Our Latest Analysis on High Tide
High Tide Price Performance
NASDAQ:HITI traded up $0.12 during trading hours on Monday, hitting $2.94. 506,643 shares of the stock were exchanged, compared to its average volume of 741,943. The firm's fifty day moving average price is $3.10 and its 200 day moving average price is $2.56. High Tide has a 52-week low of $1.57 and a 52-week high of $3.62. The company has a market cap of $237.85 million, a P/E ratio of -98.00 and a beta of 0.46. The company has a current ratio of 1.40, a quick ratio of 0.92 and a debt-to-equity ratio of 0.27.
Institutional Trading of High Tide
Hedge funds have recently bought and sold shares of the business. Benin Management CORP grew its position in shares of High Tide by 100.0% in the fourth quarter. Benin Management CORP now owns 20,000 shares of the company's stock valued at $62,000 after purchasing an additional 10,000 shares in the last quarter. Jane Street Group LLC grew its holdings in High Tide by 58.8% in the 3rd quarter. Jane Street Group LLC now owns 35,252 shares of the company's stock valued at $72,000 after buying an additional 13,052 shares in the last quarter. SBI Securities Co. Ltd. acquired a new stake in shares of High Tide in the 4th quarter worth $146,000. Finally, Chicago Partners Investment Group LLC purchased a new position in shares of High Tide during the 4th quarter worth $451,000. Institutional investors and hedge funds own 4.52% of the company's stock.
High Tide Company Profile
(
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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.
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