High Tide Inc. (NASDAQ:HITI – Free Report) – Analysts at Roth Capital issued their Q1 2026 earnings per share (EPS) estimates for shares of High Tide in a research note issued on Tuesday, June 17th. Roth Capital analyst W. Kirk expects that the company will post earnings per share of $0.00 for the quarter. Roth Capital currently has a “Buy” rating and a $5.00 target price 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
HITI opened at $2.22 on Thursday. High Tide has a 12-month low of $1.57 and a 12-month high of $3.62. The company has a current ratio of 1.57, a quick ratio of 0.95 and a debt-to-equity ratio of 0.30. The business’s fifty day simple moving average is $2.31 and its 200-day simple moving average is $2.55. The company has a market capitalization of $179.91 million, a price-to-earnings ratio of -27.75 and a beta of 0.52.
Institutional Investors Weigh In On High Tide
A number of hedge funds have recently made changes to their positions in HITI. SBI Securities Co. Ltd. purchased a new stake in shares of High Tide during the 4th quarter worth $146,000. Northwest & Ethical Investments L.P. lifted its stake in shares of High Tide by 1,026.2% during the 4th quarter. Northwest & Ethical Investments L.P. now owns 22,378 shares of the company’s stock worth $69,000 after purchasing an additional 20,391 shares during the last quarter. Hillsdale Investment Management Inc. lifted its stake in shares of High Tide by 755.4% during the 4th quarter. Hillsdale Investment Management Inc. now owns 240,288 shares of the company’s stock worth $738,000 after purchasing an additional 212,197 shares during the last quarter. Arrowstreet Capital Limited Partnership purchased a new stake in shares of High Tide during the 4th quarter worth $1,605,000. Finally, Renaissance Technologies LLC lifted its stake in shares of High Tide by 142.4% during the 4th quarter. Renaissance Technologies LLC now owns 839,600 shares of the company’s stock worth $2,594,000 after purchasing an additional 493,300 shares during the last quarter. 4.52% of the stock is currently owned by hedge funds and other institutional investors.
About High Tide
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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