NASDAQ:HITI High Tide (HITI) Stock Price, News & Analysis → Next President (Not Trump. Not Biden.) (From The Freeport Society) (Ad) Free HITI Stock Alerts $2.52 +0.04 (+1.61%) (As of 05/31/2024 ET) Add Compare Share Share Today's Range$2.46▼$2.5550-Day Range$1.84▼$2.6152-Week Range$1.14▼$2.85Volume437,154 shsAverage Volume570,961 shsMarket Capitalization$199.92 millionP/E RatioN/ADividend YieldN/APrice Target$4.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestTrends High Tide MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside78.6% Upside$4.50 Price TargetShort InterestBearish6.85% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.39Based on 3 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.0.96 out of 5 starsMedical Sector828th out of 929 stocksRetail Stores, Not Elsewhere Classified Industry11th out of 14 stocks 3.5 Analyst's Opinion Consensus RatingHigh Tide has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageHigh Tide has only been the subject of 1 research reports in the past 90 days.Read more about High Tide's stock forecast and price target. Previous Next 1.0 Short Interest Percentage of Shares Shorted6.85% of the float of High Tide has been sold short.Short Interest Ratio / Days to CoverHigh Tide has a short interest ratio ("days to cover") of 6.4.Change versus previous monthShort interest in High Tide has recently increased by 5.91%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldHigh Tide does not currently pay a dividend.Dividend GrowthHigh Tide does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for HITI. Previous Next 2.4 News and Social Media Coverage News SentimentHigh Tide has a news sentiment score of 0.39. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.82 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 3 news articles for High Tide this week, compared to 1 article on an average week.Search InterestOnly 7 people have searched for HITI on MarketBeat in the last 30 days. This is a decrease of -59% compared to the previous 30 days.MarketBeat Follows13 people have added High Tide to their MarketBeat watchlist in the last 30 days. This is an increase of 333% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, High Tide insiders have not sold or bought any company stock.Percentage Held by Insiders12.44% of the stock of High Tide is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 4.52% of the stock of High Tide is held by institutions.Read more about High Tide's insider trading history. Previous Next 0.0 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of High Tide is -7.64, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of High Tide is -7.64, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioHigh Tide has a P/B Ratio of 1.91. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about High Tide's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad The Freeport SocietyNext President (Not Trump. Not Biden.)Do you want to see who I believe will be the next president of the U.S.A? It won’t be Biden…And it won’t be Trump.Click here to see why it will be ______ _________. About High Tide Stock (NASDAQ:HITI)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. Further, it sells its products through online sales via e-commerce platform. The company offers its products under the Daily High Club, DankStop, FABCBD, GC, Nuleaf, Smoke Cartel, and Blessed CBD brands. The company was formerly known as High Tide Ventures Inc. and changed its name to High Tide Inc. in October 2018. High Tide Inc. was founded in 2009 and is headquartered in Calgary, Canada.Read More HITI Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart HITI Stock News HeadlinesMay 28 at 6:00 AM | prnewswire.comHigh Tide to Announce Second Fiscal Quarter 2024 Financial ResultsMay 21, 2024 | americanbankingnews.comHigh Tide (NASDAQ:HITI) Trading Down 1.4%May 13, 2024 | prnewswire.comHigh Tide Opens First Canna Cabana in Pickering, OntarioMay 6, 2024 | prnewswire.comHigh Tide Opens Second Canna Cabana in Ajax, OntarioMay 2, 2024 | prnewswire.comHigh Tide Opens Canna Cabana in Owen Sound, OntarioMay 1, 2024 | prnewswire.comHigh Tide Announces Appointment of New Chief Financial OfficerApril 30, 2024 | prnewswire.comHigh Tide Welcomes Biden Administration Move to Reschedule CannabisApril 23, 2024 | prnewswire.comHigh Tide Reports Approximately $2 Million in Retail Sales on '4/20'April 15, 2024 | prnewswire.comHigh Tide Announces Participation at Upcoming Cannabis Investment and B2B ConferencesApril 12, 2024 | msn.comHigh Tide CFO Sergio Patino to transition out of roleApril 12, 2024 | marketwatch.comHigh Tide Replacing Chief Financial OfficerApril 12, 2024 | prnewswire.comHigh Tide Announces Transition of Chief Financial OfficerApril 5, 2024 | investorplace.comFuturistic Fortunes: 3 Penny Stocks to Buy Before They Go MainstreamApril 4, 2024 | prnewswire.comHigh Tide to Open Fifth Canna Cabana Store in Mississauga, OntarioApril 1, 2024 | investorplace.comMillion-Dollar Bets: 3 Under-$15 Stocks With Massive PotentialApril 1, 2024 | prnewswire.comHigh Tide Welcomes Start of German Cannabis LegalizationMarch 28, 2024 | prnewswire.comHigh Tide Closes Acquisition of Premium Canadian Cannabis Brand, Queen of BudMarch 26, 2024 | prnewswire.comHigh Tide to Open Fourth Canna Cabana in Mississauga, OntarioMarch 24, 2024 | investorplace.com7 Unknown Penny Growth Stocks That Are About to Pop 1,000%March 21, 2024 | prnewswire.comHigh Tide to Open Third Canna Cabana in Mississauga, OntarioMarch 15, 2024 | msn.comHITI Stock Earnings: High Tide Misses Revenue for Q1 2024March 15, 2024 | prnewswire.comHigh Tide Reports First Quarter 2024 Financial Results Featuring Record Revenue, Record Adjusted EBITDA, and Third Consecutive Quarter of Positive Free Cash Flow as well as Break-Even Net IncomeMarch 14, 2024 | finance.yahoo.comHigh Tide Opens New Canna Cabana Location in Toronto, OntarioMarch 11, 2024 | msn.comHigh tide causes roads in Hampton Beach, other Seacoast towns to floodMarch 4, 2024 | prnewswire.comHigh Tide Opens Second Canna Cabana in Mississauga, OntarioSee More Headlines Company Calendar Last Earnings3/18/2024Today5/31/2024Next Earnings (Confirmed)6/13/2024Fiscal Year End10/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorMedical Industry Retail stores, not elsewhere classified Sub-IndustryN/A Current SymbolNASDAQ:HITI CUSIPN/A CIK1847409 Webwww.hightideinc.com Phone855-747-6420FaxN/AEmployees1,550Year FoundedN/APrice Target and Rating Average Stock Price Target$4.50 High Stock Price Target$4.50 Low Stock Price Target$4.50 Potential Upside/Downside+80.0%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)($0.33) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-29,140,000.00 Net Margins-7.46% Pretax Margin-8.79% Return on Equity-2.03% Return on Assets-1.23% Debt Debt-to-Equity Ratio0.20 Current Ratio1.13 Quick Ratio0.69 Sales & Book Value Annual Sales$361.57 million Price / Sales0.55 Cash Flow$0.27 per share Price / Cash Flow9.22 Book Value$1.32 per share Price / Book1.89Miscellaneous Outstanding Shares79,330,000Free Float69,466,000Market Cap$198.33 million OptionableOptionable Beta0.44 Key ExecutivesMr. Harkirat Grover (Age 42)Founder, CEO, President & Executive Chairman Comp: $464.75kMr. Sergio Patino C.M.A.CPA, Chief Financial OfficerMr. Aman SoodChief Operating OfficerMr. Omar Yar KhanChief Communications & Public Affairs OfficerMr. Andreas-Alexander Palalas (Age 33)Chief Marketing Officer Comp: $159.04kMs. Joy Lisa AvzarVP & Legal CounselMs. Sandy SharmaVice President of Human ResourcesMr. Shimshon Posen J.D.Secretary & TreasurerKrystal DafoeDirector of Corporate GovernanceMore ExecutivesKey Competitors1-800-FLOWERS.COMNASDAQ:FLWSATRenewNYSE:RERETitan MachineryNASDAQ:TITNNewegg CommerceNASDAQ:NEGGStar GroupNYSE:SGUView All CompetitorsInstitutional OwnershipVirtu Financial LLCBought 75,556 shares on 5/20/2024Ownership: 0.095%Perritt Capital Management Inc.Bought 65,000 shares on 5/15/2024Ownership: 0.082%Quadrature Capital LtdBought 15,842 shares on 5/15/2024Ownership: 0.020%Revisor Wealth Management LLCBought 14,642 shares on 4/23/2024Ownership: 0.018%View All Institutional Transactions HITI Stock Analysis - Frequently Asked Questions Should I buy or sell High Tide stock right now? 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for High Tide in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" HITI shares. View HITI analyst ratings or view top-rated stocks. What is High Tide's stock price target for 2024? 2 brokerages have issued 1 year price targets for High Tide's shares. Their HITI share price targets range from $4.50 to $4.50. On average, they expect the company's stock price to reach $4.50 in the next twelve months. This suggests a possible upside of 78.6% from the stock's current price. View analysts price targets for HITI or view top-rated stocks among Wall Street analysts. How have HITI shares performed in 2024? High Tide's stock was trading at $1.63 at the start of the year. Since then, HITI stock has increased by 54.6% and is now trading at $2.52. View the best growth stocks for 2024 here. Are investors shorting High Tide? High Tide saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 4,660,000 shares, an increase of 5.9% from the April 30th total of 4,400,000 shares. Based on an average trading volume of 730,200 shares, the short-interest ratio is presently 6.4 days. Approximately 6.9% of the shares of the company are short sold. View High Tide's Short Interest. When is High Tide's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, June 13th 2024. View our HITI earnings forecast. How were High Tide's earnings last quarter? High Tide Inc. (NASDAQ:HITI) posted its earnings results on Monday, March, 18th. The company reported ($0.01) earnings per share for the quarter, topping analysts' consensus estimates of ($0.03) by $0.02. The business had revenue of $94.76 million for the quarter, compared to analysts' expectations of $94.43 million. High Tide had a negative net margin of 7.46% and a negative trailing twelve-month return on equity of 2.03%. During the same period last year, the company posted ($0.05) EPS. Who are High Tide's major shareholders? High Tide's stock is owned by a variety of institutional and retail investors. Top institutional investors include Virtu Financial LLC (0.10%), Perritt Capital Management Inc. (0.08%), Quadrature Capital Ltd (0.02%) and Revisor Wealth Management LLC (0.02%). How do I buy shares of High Tide? Shares of HITI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:HITI) was last updated on 5/31/2024 by MarketBeat.com Staff From Our PartnersDems have chosen Biden replacement?Paradigm PressShocking $16T Elon Musk Crypto LeakCrypto 101 MediaThis Apple-like Innovator is Revolutionizing HealthcareWall Street StarWho are Nvidia’s New Silent Partners?Weiss RatingsMissed NVDA? 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