What is Roth Capital’s Forecast for High Tide Q1 Earnings?

High Tide Inc. (NASDAQ:HITI) – Stock analysts at Roth Capital issued their Q1 2025 earnings estimates for High Tide in a research report issued on Friday, January 31st. Roth Capital analyst W. Kirk forecasts that the company will post earnings per share of ($0.01) for the quarter. Roth Capital has a “Strong-Buy” rating on the stock. The consensus estimate for High Tide’s current full-year earnings is $0.01 per share. 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) last posted its quarterly earnings data on Wednesday, January 29th. The company reported ($0.04) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.02). High Tide had a negative return on equity of 2.94% and a negative net margin of 0.81%.

High Tide Trading Up 2.6 %

HITI opened at $2.79 on Monday. The company has a quick ratio of 0.78, a current ratio of 1.26 and a debt-to-equity ratio of 0.20. The firm has a market cap of $225.71 million, a P/E ratio of -93.00 and a beta of 0.48. High Tide has a 52 week low of $1.57 and a 52 week high of $3.62. The business has a fifty day simple moving average of $3.11 and a 200-day simple moving average of $2.55.

Hedge Funds Weigh In On High Tide

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Chicago Partners Investment Group LLC purchased a new stake in High Tide during the fourth quarter worth about $451,000. Jane Street Group LLC grew its holdings in shares of High Tide by 58.8% in the third quarter. Jane Street Group LLC now owns 35,252 shares of the company’s stock valued at $72,000 after purchasing an additional 13,052 shares in the last quarter. Finally, Benin Management CORP grew its holdings in shares of High Tide by 100.0% in the fourth 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. 4.52% of the stock is currently owned by hedge funds and other institutional investors.

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.