High Tide Inc. (NASDAQ:HITI - Free Report) - Roth Capital issued their Q1 2026 earnings per share estimates for High Tide in a report issued on Tuesday, June 17th. Roth Capital analyst W. Kirk anticipates that the company will earn $0.00 per share for the quarter. Roth Capital currently 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 Q2 2026 earnings at $0.01 EPS, Q3 2026 earnings at $0.01 EPS and Q4 2026 earnings at $0.01 EPS.
High Tide Price Performance
NASDAQ:HITI traded up $0.02 during trading hours on Thursday, hitting $2.22. 342,484 shares of the company's stock traded hands, compared to its average volume of 581,427. The firm has a market cap of $179.91 million, a P/E ratio of -27.75 and a beta of 0.52. High Tide has a 52 week low of $1.57 and a 52 week high of $3.62. The business's fifty day simple moving average is $2.31 and its two-hundred day simple moving average is $2.54. The company has a quick ratio of 0.95, a current ratio of 1.57 and a debt-to-equity ratio of 0.30.
High Tide (NASDAQ:HITI - Get Free Report) last posted its quarterly earnings data on Monday, June 16th. The company reported ($0.03) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.02) by ($0.01). The business had revenue of $99.86 million for the quarter, compared to the consensus estimate of $138.50 million. High Tide had a negative net margin of 1.71% and a negative return on equity of 6.45%.
Institutional Investors Weigh In On High Tide
Several large investors have recently added to or reduced their stakes in HITI. Northwest & Ethical Investments L.P. boosted its stake in High Tide by 1,026.2% during the fourth quarter. Northwest & Ethical Investments L.P. now owns 22,378 shares of the company's stock valued at $69,000 after buying an additional 20,391 shares during the period. Bank of America Corp DE bought a new stake in High Tide during the fourth quarter valued at $72,000. SBI Securities Co. Ltd. bought a new stake in High Tide during the fourth quarter valued at $146,000. Lazard Asset Management LLC lifted its stake in High Tide by 8,334.5% during the fourth quarter. Lazard Asset Management LLC now owns 51,535 shares of the company's stock worth $159,000 after purchasing an additional 50,924 shares during the last quarter. Finally, Jane Street Group LLC lifted its stake in High Tide by 50.6% during the fourth quarter. Jane Street Group LLC now owns 53,089 shares of the company's stock worth $163,000 after purchasing an additional 17,837 shares during the last quarter. Institutional investors own 4.52% of the company's stock.
High Tide Company Profile
(
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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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