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S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
10 e-commerce stocks to consider for long-term buys
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
How does the Consumer Price Index affect the stock market?
3 reasons to buy AMD before 2024
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
3 biotech powerhouses poised to thrive amid sector rebound
Generative AI boosts UiPath; analysts see triple-digit EPS growth
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
3 must-own China stocks for the Year of the Dragon
Broadcom falls into a buy-the-dip opportunity 
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
10 e-commerce stocks to consider for long-term buys
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
How does the Consumer Price Index affect the stock market?
3 reasons to buy AMD before 2024
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
3 biotech powerhouses poised to thrive amid sector rebound
Generative AI boosts UiPath; analysts see triple-digit EPS growth
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
3 must-own China stocks for the Year of the Dragon
Broadcom falls into a buy-the-dip opportunity 
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
10 e-commerce stocks to consider for long-term buys
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
How does the Consumer Price Index affect the stock market?
3 reasons to buy AMD before 2024
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
3 biotech powerhouses poised to thrive amid sector rebound
Generative AI boosts UiPath; analysts see triple-digit EPS growth
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
3 must-own China stocks for the Year of the Dragon
Broadcom falls into a buy-the-dip opportunity 

High Tide Stock Price, News & Analysis (NASDAQ:HITI)

$1.63
-0.06 (-3.55%)
(As of 12/8/2023 ET)
Compare
Today's Range
$1.60
$1.72
50-Day Range
$1.19
$1.75
52-Week Range
$1.03
$2.30
Volume
202,698 shs
Average Volume
218,140 shs
Market Capitalization
$122.74 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$4.50

High Tide MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
176.1% Upside
$4.50 Price Target
Short Interest
Bearish
4.58% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.13) to ($0.02) Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.88 out of 5 stars

Medical Sector

626th out of 947 stocks

Retail Stores, Not Elsewhere Classified Industry

10th out of 13 stocks


HITI stock logo

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 two segments, Retail and Wholesale. The company operates licensed retail cannabis stores; and provides data analytics services. It also manufactures and distributes consumption accessories. Additionally, the company offers its products under the Canna Cabana, Fastendr, Grasscity, Smoke Cartel, Daily High Club, DankStop, NuLeaf Naturals, FAB CBD, and Blessed CBD brands. Further, it sells its products through online sales via e-commerce platform. 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.

HITI Stock Price History

HITI Stock News Headlines

High Tide: Insiders Are Buying, And So Am I
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity
Autonomix has patented technology that can detect and target nerve signals at an accuracy never seen before, a $100B opportunity. Now the team with almost $600M in exits is planning to list Autonomix on the Nasdaq. And you can invest in Autonomix ahead of their intended Nasdaq listing.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.com
Closing Bell: High Tide Inc Wr flat on Thursday (HITI-WR)
Is High Tide Inc. (CVE:HITI) Trading At A 49% Discount?
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity
Autonomix has patented technology that can detect and target nerve signals at an accuracy never seen before, a $100B opportunity. Now the team with almost $600M in exits is planning to list Autonomix on the Nasdaq. And you can invest in Autonomix ahead of their intended Nasdaq listing.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.com
Preview: High Tide's Earnings
Closing Bell: High Tide Inc down on Thursday (HITI)
High Tide GAAP EPS of -C$0.02, revenue of C$118.14M
High Tide: Q2 Earnings Insights
Closing Bell: High Tide Inc flat on Friday (HITI)
See More Headlines
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Company Calendar

Last Earnings
9/15/2023
Today
12/08/2023
Next Earnings (Estimated)
1/29/2024
Fiscal Year End
10/31/2024

Industry, Sector and Symbol

Industry
Retail stores, not elsewhere classified
Sub-Industry
N/A
Sector
Medical
Current Symbol
NASDAQ:HITI
Fax
N/A
Employees
1,300
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$4.50
High Stock Price Target
$4.50
Low Stock Price Target
$4.50
Potential Upside/Downside
+176.1%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$-55,740,000.00
Pretax Margin
-14.59%

Debt

Sales & Book Value

Annual Sales
$439.82 million
Cash Flow
$0.08 per share
Book Value
$1.78 per share

Miscellaneous

Free Float
65,932,000
Market Cap
$122.74 million
Optionable
Optionable
Beta
0.46
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Key Executives

  • Mr. Harkirat Grover (Age 41)
    Founder, CEO, President & Executive Chairman
    Comp: $555.84k
  • Mr. Aman Sood
    Chief Operating Officer
  • Ms. Joy Lisa Avzar
    VP & Legal Counsel
  • Mr. Andreas-Alexander Palalas (Age 32)
    Chief Revenue Officer
    Comp: $199.15k
  • Mr. Sergio Patino C.M.A.
    CPA, Chief Financial Officer
  • Mr. Omar Yar Khan
    Chief Communications & Public Affairs Officer
  • Ms. Sandy Sharma
    Vice President of Human Resources
  • Mr. Shimshon Posen J.D.
    Secretary & Treasurer
  • Krystal Dafoe
    Director of Corporate Governance














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 twelve months. 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 brokers have issued twelve-month price targets for High Tide's shares. Their HITI share price targets range from $4.50 to $4.50. On average, they predict the company's share price to reach $4.50 in the next year. This suggests a possible upside of 176.1% 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 2023?

High Tide's stock was trading at $1.54 on January 1st, 2023. Since then, HITI shares have increased by 5.8% and is now trading at $1.63.
View the best growth stocks for 2023 here
.

Are investors shorting High Tide?

High Tide saw a increase in short interest in the month of November. As of November 15th, there was short interest totaling 3,120,000 shares, an increase of 6.5% from the October 31st total of 2,930,000 shares. Based on an average daily volume of 350,600 shares, the days-to-cover ratio is presently 8.9 days. Currently, 4.6% of the shares of the stock 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 Monday, January 29th 2024.
View our HITI earnings forecast
.

How were High Tide's earnings last quarter?

High Tide Inc. (NASDAQ:HITI) posted its earnings results on Friday, September, 15th. The company reported ($0.03) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.04) by $0.01. The company had revenue of $93.17 million for the quarter, compared to analyst estimates of $89.14 million. High Tide had a negative trailing twelve-month return on equity of 8.23% and a negative net margin of 13.23%. During the same period in the previous year, the firm earned ($0.03) earnings per share.

Who are High Tide's major shareholders?

High Tide's stock is owned by a number of institutional and retail investors. Top institutional shareholders include CVA Family Office LLC (2.08%), AdvisorShares Investments LLC (2.07%), JW Asset Management LLC (0.10%), Group One Trading L.P. (0.00%) and Concourse Financial Group Securities Inc. (0.00%).

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NASDAQ:HITI) was last updated on 12/9/2023 by MarketBeat.com Staff

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