FY2025 EPS Estimates for High Tide Raised by Roth Capital

High Tide Inc. (NASDAQ:HITI) – Roth Capital raised their FY2025 EPS estimates for High Tide in a report issued on Tuesday, September 16th. Roth Capital analyst W. Kirk now anticipates that the company will post earnings per share of ($0.04) for the year, up from their prior forecast of ($0.05). Roth Capital has a “Buy” rating and a $5.00 price objective on the stock. The consensus estimate for High Tide’s current full-year earnings is ($0.04) per share. Roth Capital also issued estimates for High Tide’s Q4 2026 earnings at $0.02 EPS and FY2026 earnings at $0.06 EPS.

High Tide (NASDAQ:HITI) last posted its quarterly earnings results on Monday, September 15th. The company reported $0.01 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.01) by $0.02. The company had revenue of $108.04 million for the quarter, compared to the consensus estimate of $146.00 million. High Tide had a negative net margin of 1.66% and a negative return on equity of 6.50%.

Separately, Haywood Securities raised shares of High Tide to a “strong-buy” rating in a research note on Friday, September 12th. One analyst has rated the stock with a Strong Buy rating and one has issued a Buy rating to the stock. According to data from MarketBeat, High Tide currently has an average rating of “Strong Buy” and an average price target of $5.00.

High Tide Stock Performance

NASDAQ:HITI opened at $3.79 on Friday. The company has a quick ratio of 0.97, a current ratio of 1.85 and a debt-to-equity ratio of 0.42. The company has a market cap of $330.15 million, a P/E ratio of -47.38 and a beta of 0.58. High Tide has a fifty-two week low of $1.64 and a fifty-two week high of $4.06. The firm’s 50 day moving average is $2.88 and its two-hundred day moving average is $2.46.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in HITI. Two Sigma Investments LP grew its holdings in High Tide by 146.0% during the 4th quarter. Two Sigma Investments LP now owns 311,304 shares of the company’s stock worth $962,000 after acquiring an additional 184,780 shares in the last quarter. Murchinson Ltd. acquired a new position in High Tide during the 2nd quarter worth $398,000. State of Wyoming boosted its holdings in shares of High Tide by 55.7% in the 1st quarter. State of Wyoming now owns 242,241 shares of the company’s stock valued at $458,000 after buying an additional 86,682 shares during the period. Lazard Asset Management LLC boosted its holdings in shares of High Tide by 8,334.5% in the 4th quarter. Lazard Asset Management LLC now owns 51,535 shares of the company’s stock valued at $159,000 after buying an additional 50,924 shares during the period. Finally, Boothbay Fund Management LLC acquired a new position in shares of High Tide in the 2nd quarter valued at about $110,000. 4.52% of the stock is owned by institutional investors and hedge funds.

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.