Roth Capital Forecasts High Tide's Q3 Earnings (NASDAQ:HITI)

High Tide Inc. (NASDAQ:HITI - Free Report) - Roth Capital issued their Q3 2025 EPS estimates for High Tide in a report issued on Wednesday, March 19th. Roth Capital analyst W. Kirk expects that the company will post earnings of ($0.01) per share for the quarter. The consensus estimate for High Tide's current full-year earnings is ($0.04) per share. Roth Capital also issued estimates for High Tide's Q4 2025 earnings at ($0.01) EPS and FY2026 earnings at $0.02 EPS.

High Tide Trading Down 1.8 %

Shares of NASDAQ HITI traded down $0.04 during trading hours 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 business has a 50-day simple moving average of $2.60 and a 200-day simple moving average of $2.70. The stock has a market cap of $173.16 million, a price-to-earnings ratio of -71.33 and a beta of 0.48. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.92 and a current ratio of 1.40. High Tide has a 12 month low of $1.57 and a 12 month high of $3.62.

High Tide (NASDAQ:HITI - Get Free Report) last released its quarterly earnings data 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). The firm had revenue of $100.25 million during the quarter, compared to analysts' expectations of $138.83 million. High Tide had a negative net margin of 0.81% and a negative return on equity of 2.93%.

Hedge Funds Weigh In On High Tide

Hedge funds have recently made changes to their positions in the business. Jane Street Group LLC lifted its stake in High Tide by 58.8% in the third quarter. Jane Street Group LLC now owns 35,252 shares of the company's stock worth $72,000 after acquiring an additional 13,052 shares during the period. Benin Management CORP boosted its stake in shares of High Tide by 100.0% during the 4th 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. Chicago Partners Investment Group LLC purchased a new position in shares of High Tide during the fourth quarter valued at about $451,000. SBI Securities Co. Ltd. purchased a new position in shares of High Tide during the fourth quarter valued at about $146,000. Finally, Northwest & Ethical Investments L.P. raised its stake in High Tide by 1,026.2% in the fourth quarter. Northwest & Ethical Investments L.P. now owns 22,378 shares of the company's stock worth $69,000 after buying an additional 20,391 shares in the last quarter. 4.52% of the stock is owned by hedge funds and other institutional investors.

High Tide Company Profile

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.