High Tide Inc. (NASDAQ:HITI – Free Report) – Research analysts at Ventum Cap Mkts issued their Q1 2025 earnings per share (EPS) estimates for High Tide in a research report issued on Thursday, January 30th. Ventum Cap Mkts analyst A. Semple forecasts that the company will post earnings per share of ($0.01) for the quarter. The consensus estimate for High Tide’s current full-year earnings is $0.01 per share. Ventum Cap Mkts also issued estimates for High Tide’s Q2 2025 earnings at ($0.01) EPS, Q3 2025 earnings at $0.00 EPS, Q4 2025 earnings at $0.01 EPS and FY2025 earnings at ($0.01) EPS.
Separately, Roth Capital upgraded shares of High Tide to a “strong-buy” rating in a report on Friday, November 8th.
High Tide Stock Performance
Shares of HITI stock opened at $2.79 on Monday. The firm has a market capitalization of $225.71 million, a price-to-earnings ratio of -93.00 and a beta of 0.48. The stock has a fifty day moving average of $3.11 and a 200 day moving average of $2.55. High Tide has a 52 week low of $1.57 and a 52 week high of $3.62. The company has a quick ratio of 0.78, a current ratio of 1.26 and a debt-to-equity ratio of 0.20.
High Tide (NASDAQ:HITI – Get Free Report) last issued 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%.
Institutional Inflows and Outflows
Institutional investors have recently made changes to their positions in the company. Jane Street Group LLC boosted its position in shares of High Tide by 58.8% during 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. Benin Management CORP lifted its position in High Tide by 100.0% during the fourth quarter. Benin Management CORP now owns 20,000 shares of the company’s stock valued at $62,000 after buying an additional 10,000 shares during the period. Finally, Chicago Partners Investment Group LLC bought a new stake in shares of High Tide during the 4th quarter valued at $451,000. Institutional investors own 4.52% of the company’s stock.
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.
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