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
(
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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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