NASDAQ:HITI High Tide (HITI) Stock Price, News & Analysis → Have You Seen Elon’s New A.I. Device? (Picture Inside) (From InvestorPlace) (Ad) Free HITI Stock Alerts $2.19 -0.10 (-4.37%) (As of 05/1/2024 ET) Add Compare Share Share Today's Range$2.10▼$2.4250-Day Range$1.62▼$2.6152-Week Range$1.14▼$2.85Volume1.33 million shsAverage Volume557,839 shsMarket Capitalization$173.74 millionP/E RatioN/ADividend YieldN/APrice Target$4.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get High Tide alerts: Email Address High Tide MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside105.5% Upside$4.50 Price TargetShort InterestBearish6.78% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.18Based on 4 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.1.20 out of 5 starsMedical Sector765th out of 927 stocksRetail Stores, Not Elsewhere Classified Industry9th out of 13 stocks 3.5 Analyst's Opinion Consensus RatingHigh Tide has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageHigh Tide has only been the subject of 1 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted6.78% of the float of High Tide has been sold short.Short Interest Ratio / Days to CoverHigh Tide has a short interest ratio ("days to cover") of 8.Change versus previous monthShort interest in High Tide has recently increased by 47.76%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldHigh Tide does not currently pay a dividend.Dividend GrowthHigh Tide does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for HITI. Previous Next 2.9 News and Social Media Coverage News SentimentHigh Tide has a news sentiment score of 0.18. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.35 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 4 news articles for High Tide this week, compared to 1 article on an average week.Search Interest17 people have searched for HITI on MarketBeat in the last 30 days. This is an increase of 240% compared to the previous 30 days.MarketBeat Follows8 people have added High Tide to their MarketBeat watchlist in the last 30 days. This is an increase of 33% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, High Tide insiders have not sold or bought any company stock.Percentage Held by Insiders12.44% of the stock of High Tide is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 4.52% of the stock of High Tide is held by institutions. Previous Next 0.0 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of High Tide is -6.64, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of High Tide is -6.64, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioHigh Tide has a P/B Ratio of 1.66. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad InvestorPlaceElon’s New Device is About to Shock the WorldUsing this device you see above… Elon Musk just tested a new type of A.I. that according to Wired Magazine will usher in… “The next step in human evolution.” Click here to see the details because there’s a lot of money at stake. About High Tide Stock (NASDAQ:HITI)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.Read More HITI Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart HITI Stock News HeadlinesMay 1, 2024 | prnewswire.comHigh Tide Announces Appointment of New Chief Financial OfficerApril 30, 2024 | prnewswire.comHigh Tide Welcomes Biden Administration Move to Reschedule CannabisMay 2, 2024 | MillPub (Ad)😱 This phenomenon is smashing regular market gainsThanks to a little-known “Pathfinder” trading phenomenon… Traders have recently unlocked one of the most powerful idea-generation sources in the history of trading. At every single market open.April 23, 2024 | prnewswire.comHigh Tide Reports Approximately $2 Million in Retail Sales on '4/20'April 15, 2024 | prnewswire.comHigh Tide Announces Participation at Upcoming Cannabis Investment and B2B ConferencesApril 12, 2024 | msn.comHigh Tide CFO Sergio Patino to transition out of roleApril 12, 2024 | marketwatch.comHigh Tide Replacing Chief Financial OfficerApril 12, 2024 | prnewswire.comHigh Tide Announces Transition of Chief Financial OfficerMay 2, 2024 | MillPub (Ad)😱 This phenomenon is smashing regular market gainsThanks to a little-known “Pathfinder” trading phenomenon… Traders have recently unlocked one of the most powerful idea-generation sources in the history of trading. At every single market open.April 5, 2024 | investorplace.comFuturistic Fortunes: 3 Penny Stocks to Buy Before They Go MainstreamApril 4, 2024 | prnewswire.comHigh Tide to Open Fifth Canna Cabana Store in Mississauga, OntarioApril 1, 2024 | investorplace.comMillion-Dollar Bets: 3 Under-$15 Stocks With Massive PotentialApril 1, 2024 | prnewswire.comHigh Tide Welcomes Start of German Cannabis LegalizationMarch 28, 2024 | prnewswire.comHigh Tide Closes Acquisition of Premium Canadian Cannabis Brand, Queen of BudMarch 26, 2024 | prnewswire.comHigh Tide to Open Fourth Canna Cabana in Mississauga, OntarioMarch 24, 2024 | investorplace.com7 Unknown Penny Growth Stocks That Are About to Pop 1,000%March 21, 2024 | prnewswire.comHigh Tide to Open Third Canna Cabana in Mississauga, OntarioMarch 15, 2024 | msn.comHITI Stock Earnings: High Tide Misses Revenue for Q1 2024March 15, 2024 | prnewswire.comHigh Tide Reports First Quarter 2024 Financial Results Featuring Record Revenue, Record Adjusted EBITDA, and Third Consecutive Quarter of Positive Free Cash Flow as well as Break-Even Net IncomeMarch 14, 2024 | finance.yahoo.comHigh Tide Opens New Canna Cabana Location in Toronto, OntarioMarch 11, 2024 | msn.comHigh tide causes roads in Hampton Beach, other Seacoast towns to floodMarch 4, 2024 | prnewswire.comHigh Tide Opens Second Canna Cabana in Mississauga, OntarioMarch 1, 2024 | prnewswire.comHigh Tide to Announce First Fiscal Quarter 2024 Financial ResultsFebruary 27, 2024 | investorplace.com3 Cannabis Stocks Blazing a Trail to LegalizationFebruary 25, 2024 | msn.comDavid Shribman: The two great tides of American politics are going outFebruary 23, 2024 | prnewswire.comHigh Tide Welcomes Passage of First Pillar of Germany's Cannabis Legalization PlanFebruary 22, 2024 | finance.yahoo.comCanadian Investment Regulatory Organization Trading Halt - HITI.WRSee More Headlines Receive HITI Stock News and Ratings via Email Sign-up to receive the latest news and ratings for High Tide and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings3/18/2024Today5/02/2024Next Earnings (Estimated)6/12/2024Fiscal Year End10/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorMedical Industry Retail stores, not elsewhere classified Sub-IndustryN/A Current SymbolNASDAQ:HITI CUSIPN/A CIK1847409 Webwww.hightideinc.com Phone855-747-6420FaxN/AEmployees1,550Year FoundedN/APrice Target and Rating Average Stock Price Target$4.50 High Stock Price Target$4.50 Low Stock Price Target$4.50 Potential Upside/Downside+105.5%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)($0.33) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-29,140,000.00 Net Margins-7.46% Pretax Margin-8.79% Return on Equity-2.03% Return on Assets-1.23% Debt Debt-to-Equity Ratio0.20 Current Ratio1.13 Quick Ratio0.69 Sales & Book Value Annual Sales$497.66 million Price / Sales0.35 Cash Flow$0.29 per share Price / Cash Flow7.67 Book Value$1.32 per share Price / Book1.66Miscellaneous Outstanding Shares79,335,000Free Float69,466,000Market Cap$173.74 million OptionableOptionable Beta0.54 Beginners Guide To Retirement StocksClick the link below and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio. Get This Free Report Key ExecutivesMr. Harkirat Grover (Age 42)Founder, CEO, President & Executive Chairman Comp: $464.75kMr. Sergio Patino C.M.A.CPA, Chief Financial OfficerMr. Aman SoodChief Operating OfficerMr. Omar Yar KhanChief Communications & Public Affairs OfficerMr. Andreas-Alexander Palalas (Age 33)Chief Marketing Officer Comp: $159.04kMs. Joy Lisa AvzarVP & Legal CounselMs. Sandy SharmaVice President of Human ResourcesMr. Shimshon Posen J.D.Secretary & TreasurerKrystal DafoeDirector of Corporate GovernanceMore ExecutivesKey CompetitorsProfound MedicalNASDAQ:PROFOmerosNASDAQ:OMERIncannex HealthcareNASDAQ:IXHLSemler ScientificNASDAQ:SMLRZura BioNASDAQ:ZURAView All CompetitorsInstitutional OwnershipRevisor Wealth Management LLCBought 14,642 shares on 4/23/2024Ownership: 0.018%AdvisorShares Investments LLCSold 20,434 shares on 2/14/2024Ownership: 1.958%Hillsdale Investment Management Inc.Bought 704,892 shares on 2/9/2024Ownership: 0.897%AXS Investments LLCSold 53,649 shares on 2/9/2024Ownership: 0.599%JW Asset Management LLCBought 27,144 shares on 2/9/2024Ownership: 0.130%View All Institutional Transactions HITI Stock Analysis - Frequently Asked Questions Should I buy or sell High Tide stock right now? 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for High Tide in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" HITI shares. View HITI analyst ratings or view top-rated stocks. What is High Tide's stock price target for 2024? 2 brokerages have issued 1 year price targets for High Tide's stock. Their HITI share price targets range from $4.50 to $4.50. On average, they expect the company's share price to reach $4.50 in the next twelve months. This suggests a possible upside of 105.5% from the stock's current price. View analysts price targets for HITI or view top-rated stocks among Wall Street analysts. How have HITI shares performed in 2024? High Tide's stock was trading at $1.63 at the beginning of the year. Since then, HITI stock has increased by 34.4% and is now trading at $2.19. View the best growth stocks for 2024 here. Are investors shorting High Tide? High Tide saw a increase in short interest during the month of April. As of April 15th, there was short interest totaling 4,610,000 shares, an increase of 47.8% from the March 31st total of 3,120,000 shares. Based on an average daily volume of 578,700 shares, the days-to-cover ratio is presently 8.0 days. Currently, 6.8% of the company's shares are short sold. View High Tide's Short Interest. When is High Tide's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, June 12th 2024. View our HITI earnings forecast. How were High Tide's earnings last quarter? High Tide Inc. (NASDAQ:HITI) issued its quarterly earnings results on Monday, March, 18th. The company reported ($0.01) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.03) by $0.02. The business had revenue of $94.76 million for the quarter, compared to analysts' expectations of $94.43 million. High Tide had a negative trailing twelve-month return on equity of 2.03% and a negative net margin of 7.46%. During the same period in the prior year, the business posted ($0.05) EPS. Who are High Tide's major shareholders? High Tide's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Revisor Wealth Management LLC (0.02%). How do I buy shares of High Tide? Shares of HITI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:HITI) was last updated on 5/2/2024 by MarketBeat.com Staff From Our Partners😱 This phenomenon is smashing regular market gainsMillPubBiden to Launch “FedNOW” [Move Your Money Now]Priority GoldHave You Seen Elon’s New A.I. Device? 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