High Tide Inc. (NASDAQ:HITI – Free Report) – Research analysts at Atb Cap Markets lifted their Q4 2025 earnings estimates for High Tide in a research report issued on Thursday, August 14th. Atb Cap Markets analyst F. Gomes now forecasts that the company will post earnings of $0.01 per share for the quarter, up from their prior forecast of ($0.01). The consensus estimate for High Tide’s current full-year earnings is ($0.04) per share.
Separately, Roth Capital reaffirmed a “buy” rating and issued a $5.00 price target (up from $4.50) on shares of High Tide in a report on Wednesday, June 18th.
High Tide Price Performance
NASDAQ:HITI opened at $2.66 on Monday. High Tide has a one year low of $1.64 and a one year high of $3.62. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.97 and a current ratio of 1.57. The firm has a market cap of $215.99 million, a price-to-earnings ratio of -33.25 and a beta of 0.52. The firm’s fifty day moving average is $2.31 and its two-hundred day moving average is $2.32.
High Tide (NASDAQ:HITI – Get Free Report) last posted its quarterly earnings results on Monday, June 16th. The company reported ($0.03) EPS for the quarter, missing the consensus estimate of ($0.02) by ($0.01). High Tide had a negative net margin of 1.71% and a negative return on equity of 6.45%. The business had revenue of $99.86 million during the quarter, compared to analysts’ expectations of $138.50 million.
Institutional Investors Weigh In On High Tide
Hedge funds have recently modified their holdings of the company. Revisor Wealth Management LLC purchased a new stake in shares of High Tide during the 2nd quarter worth about $32,000. StoneX Group Inc. purchased a new stake in shares of High Tide during the 2nd quarter worth about $46,000. Bank of America Corp DE purchased a new stake in shares of High Tide during the 4th quarter worth about $72,000. Boothbay Fund Management LLC purchased a new stake in shares of High Tide during the 2nd quarter worth about $110,000. Finally, Lazard Asset Management LLC boosted its stake in shares of High Tide by 8,334.5% during the 4th quarter. Lazard Asset Management LLC now owns 51,535 shares of the company’s stock worth $159,000 after acquiring an additional 50,924 shares in the last quarter. 4.52% of the stock is owned by hedge funds and other institutional investors.
High Tide Company Profile
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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