What is Atb Cap Markets' Forecast for High Tide Q2 Earnings?

High Tide Inc. (NASDAQ:HITI - Free Report) - Equities research analysts at Atb Cap Markets issued their Q2 2025 earnings per share estimates for shares of High Tide in a research report issued on Tuesday, March 18th. Atb Cap Markets analyst F. Gomes anticipates that the company will post earnings per share of ($0.04) for the quarter. The consensus estimate for High Tide's current full-year earnings is ($0.04) per share. Atb Cap Markets also issued estimates for High Tide's Q3 2025 earnings at ($0.03) EPS.

High Tide Price Performance

Shares of HITI traded down $0.04 during mid-day trading on Friday, hitting $2.14. The company's stock had a trading volume of 325,794 shares, compared to its average volume of 687,766. The stock has a market capitalization of $173.16 million, a price-to-earnings ratio of -71.33 and a beta of 0.48. High Tide has a fifty-two week low of $1.57 and a fifty-two week high of $3.62. The firm has a 50-day moving average price of $2.60 and a 200 day moving average price of $2.70. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.40 and a quick ratio of 0.92.

High Tide (NASDAQ:HITI - Get Free Report) last released its earnings results on Friday, March 21st. The company reported ($0.02) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.01) by ($0.01). High Tide had a negative return on equity of 2.93% and a negative net margin of 0.81%. The firm had revenue of $100.25 million for the quarter, compared to analyst estimates of $138.83 million.

Institutional Investors Weigh In On High Tide

Several large investors have recently modified their holdings of HITI. Arrowstreet Capital Limited Partnership acquired a new position in shares of High Tide in the fourth quarter worth about $1,605,000. Renaissance Technologies LLC lifted its position in shares of High Tide by 142.4% in the 4th quarter. Renaissance Technologies LLC now owns 839,600 shares of the company's stock valued at $2,594,000 after acquiring an additional 493,300 shares in the last quarter. Hillsdale Investment Management Inc. boosted its stake in High Tide by 755.4% in the 4th quarter. Hillsdale Investment Management Inc. now owns 240,288 shares of the company's stock worth $738,000 after purchasing an additional 212,197 shares during the period. Two Sigma Investments LP grew its position in High Tide by 146.0% during the 4th quarter. Two Sigma Investments LP now owns 311,304 shares of the company's stock worth $962,000 after purchasing an additional 184,780 shares in the last quarter. Finally, State of Wyoming acquired a new stake in High Tide during the 4th quarter valued at $481,000. 4.52% of the stock is owned by institutional investors.

About High Tide

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.