High Tide Inc. (NASDAQ:HITI – Free Report) – Ventum Cap Mkts lifted their Q3 2025 EPS estimates for High Tide in a research report issued on Wednesday, June 18th. Ventum Cap Mkts analyst A. Semple now anticipates that the company will earn $0.01 per share for the quarter, up from their previous estimate of ($0.01). The consensus estimate for High Tide’s current full-year earnings is ($0.04) per share. Ventum Cap Mkts also issued estimates for High Tide’s Q4 2025 earnings at $0.01 EPS and FY2026 earnings at $0.11 EPS.
Separately, Roth Capital reiterated a “buy” rating and issued a $5.00 target price (up previously from $4.50) on shares of High Tide in a research note on Wednesday, June 18th.
High Tide Stock Performance
Shares of HITI opened at $2.16 on Monday. The stock’s fifty day moving average price is $2.31 and its two-hundred day moving average price is $2.53. High Tide has a 1 year low of $1.57 and a 1 year high of $3.62. The firm has a market cap of $175.05 million, a PE ratio of -27.00 and a beta of 0.52. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.57 and a quick ratio of 0.97.
High Tide (NASDAQ:HITI – Get Free Report) last issued its quarterly earnings results 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). High Tide had a negative return on equity of 6.45% and a negative net margin of 1.71%. The company had revenue of $99.86 million for the quarter, compared to analysts’ expectations of $138.50 million.
Institutional Inflows and Outflows
Hedge funds have recently made changes to their positions in the company. Arrowstreet Capital Limited Partnership bought a new position in High Tide in the 4th quarter worth about $1,605,000. Renaissance Technologies LLC raised its position in High Tide by 142.4% in 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 period. Hillsdale Investment Management Inc. raised its position in High Tide by 755.4% in 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 period. Two Sigma Investments LP boosted its position in High Tide by 146.0% during the fourth quarter. Two Sigma Investments LP now owns 311,304 shares of the company’s stock valued at $962,000 after buying an additional 184,780 shares during the period. Finally, State of Wyoming bought a new position in shares of High Tide during the fourth quarter valued at about $481,000. 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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