High Tide (NASDAQ:HITI – Get Free Report) and Leafly (NASDAQ:LFLYW – Get Free Report) are both medical companies, but which is the better investment? We will contrast the two businesses based on the strength of their risk, profitability, valuation, analyst recommendations, dividends, earnings and institutional ownership.
Insider and Institutional Ownership
4.5% of High Tide shares are owned by institutional investors. 12.4% of High Tide shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.
Earnings and Valuation
This table compares High Tide and Leafly”s gross revenue, earnings per share and valuation.
Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
High Tide | $511.12 million | 0.32 | -$29.14 million | ($0.32) | -6.31 |
Leafly | $38.10 million | N/A | N/A | N/A | N/A |
Profitability
This table compares High Tide and Leafly’s net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
High Tide | -6.14% | 2.06% | 1.25% |
Leafly | N/A | N/A | N/A |
Analyst Recommendations
This is a breakdown of recent recommendations and price targets for High Tide and Leafly, as provided by MarketBeat.com.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
High Tide | 0 | 0 | 1 | 1 | 3.50 |
Leafly | 0 | 0 | 0 | 0 | N/A |
High Tide presently has a consensus target price of $4.50, suggesting a potential upside of 122.77%. Given High Tide’s higher possible upside, analysts plainly believe High Tide is more favorable than Leafly.
Summary
High Tide beats Leafly on 8 of the 9 factors compared between the two stocks.
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. 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.
About Leafly
Leafly Holdings, Inc. owns and operates a platform to provide consumers with cannabis information and connects consumers to cannabis brands and licensed retailers. The company offers subscription-based marketplace listings, digital advertising solutions, and software as a service-based tools to cannabis retailers and brands; and information, reviews, menus, and ordering and delivery options to its audience through its website and mobile applications. Leafly Holdings, Inc. was founded in 2010 and is headquartered in Seattle, Washington.
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