High Tide (NASDAQ:HITI - Get Free Report) will likely be announcing its Q2 2025 earnings results after the market closes on Monday, June 16th. Analysts expect High Tide to post earnings of ($0.02) per share and revenue of $138.50 million for the quarter.
High Tide (NASDAQ:HITI - Get Free Report) last released its quarterly earnings data on Friday, March 21st. The company reported ($0.02) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.01) by ($0.01). The business had revenue of $100.25 million for the quarter, compared to the consensus estimate of $138.83 million. High Tide had a negative net margin of 0.81% and a negative return on equity of 2.93%. On average, analysts expect High Tide to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
High Tide Stock Down 0.8%
NASDAQ:HITI traded down $0.02 during trading hours on Monday, reaching $2.36. The company's stock had a trading volume of 268,629 shares, compared to its average volume of 592,962. The stock has a 50 day moving average price of $2.23 and a two-hundred day moving average price of $2.60. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.92 and a current ratio of 1.40. The company has a market capitalization of $191.24 million, a P/E ratio of -78.67 and a beta of 0.52. High Tide has a 12 month low of $1.57 and a 12 month high of $3.62.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in High Tide stock. Bank of America Corp DE acquired a new position in High Tide Inc. (NASDAQ:HITI - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 23,200 shares of the company's stock, valued at approximately $72,000. 4.52% of the stock is currently owned by institutional investors and hedge funds.
About High Tide
(
Get Free Report)
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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