High Tide (NASDAQ:HITI - Get Free Report) is anticipated to announce its Q2 2025 earnings results after the market closes on Monday, June 16th. Analysts expect the company to announce earnings of ($0.02) per share and revenue of $138.50 million for the quarter.
High Tide (NASDAQ:HITI - Get Free Report) last announced its quarterly earnings data on Friday, March 21st. The company reported ($0.02) EPS for the quarter, missing the consensus estimate of ($0.01) by ($0.01). The firm had revenue of $100.25 million for the quarter, compared to analysts' expectations 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 0.4%
Shares of NASDAQ HITI traded down $0.01 during midday trading on Thursday, hitting $2.33. The stock had a trading volume of 233,928 shares, compared to its average volume of 589,814. The business's 50 day moving average is $2.26 and its 200-day moving average is $2.59. The company has a quick ratio of 0.92, a current ratio of 1.40 and a debt-to-equity ratio of 0.27. High Tide has a 52 week low of $1.57 and a 52 week high of $3.62. The company has a market cap of $188.81 million, a P/E ratio of -77.67 and a beta of 0.52.
Institutional Investors Weigh In On High Tide
An institutional investor recently bought a new position in High Tide stock. Bank of America Corp DE purchased a new stake in shares of High Tide Inc. (NASDAQ:HITI - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 23,200 shares of the company's stock, valued at approximately $72,000. Hedge funds and other institutional investors own 4.52% of the company's stock.
High Tide Company Profile
(
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.
Featured Articles
Before you consider High Tide, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and High Tide wasn't on the list.
While High Tide currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Need to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
