High Tide Inc. (NASDAQ:HITI - Free Report) - Stock analysts at Roth Capital issued their Q1 2025 earnings per share estimates for shares of High Tide in a report issued on Friday, January 31st. Roth Capital analyst W. Kirk anticipates that the company will post earnings per share of ($0.01) for the quarter. Roth Capital currently has a "Strong-Buy" rating on the stock. Roth Capital also issued estimates for High Tide's Q2 2025 earnings at ($0.01) EPS, Q3 2025 earnings at $0.00 EPS and Q4 2025 earnings at $0.01 EPS.
High Tide (NASDAQ:HITI - Get Free Report) last released its quarterly earnings data on Wednesday, January 29th. The company reported ($0.04) EPS for the quarter, missing the consensus estimate 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%.
High Tide Stock Up 4.3 %
Shares of High Tide stock traded up $0.12 during trading on Monday, hitting $2.94. 506,643 shares of the stock traded hands, compared to its average volume of 741,943. The company has a current ratio of 1.40, a quick ratio of 0.92 and a debt-to-equity ratio of 0.27. The stock's fifty day simple moving average is $3.10 and its 200 day simple moving average is $2.56. The firm has a market cap of $237.85 million, a P/E ratio of -98.00 and a beta of 0.46. High Tide has a 52-week low of $1.57 and a 52-week high of $3.62.
Hedge Funds Weigh In On High Tide
Hedge funds and other institutional investors have recently modified their holdings of the business. Chicago Partners Investment Group LLC bought a new position in High Tide in the fourth quarter worth approximately $451,000. SBI Securities Co. Ltd. purchased a new position in shares of High Tide in the 4th quarter valued at $146,000. Jane Street Group LLC raised its position in shares of High Tide by 58.8% in the 3rd 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 in the last quarter. Finally, Benin Management CORP lifted 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 worth $62,000 after purchasing an additional 10,000 shares during the last quarter. 4.52% of the stock is currently owned by institutional investors.
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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