Q1 Earnings Forecast for High Tide Issued By Ventum Cap Mkts

High Tide Inc. (NASDAQ:HITI) – Equities researchers at Ventum Cap Mkts issued their Q1 2025 earnings per share estimates for shares of High Tide in a note issued to investors on Thursday, January 30th. Ventum Cap Mkts analyst A. Semple expects that the company will post earnings per share of ($0.01) for the quarter. Ventum Cap Mkts also issued estimates for High Tide’s Q2 2025 earnings at ($0.01) EPS, Q3 2025 earnings at $0.00 EPS, Q4 2025 earnings at $0.01 EPS and FY2025 earnings at ($0.01) EPS.

High Tide (NASDAQ:HITI) last posted its quarterly earnings results on Wednesday, January 29th. The company reported ($0.04) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.02) by ($0.02). High Tide had a negative return on equity of 2.93% and a negative net margin of 0.81%.

Separately, Roth Capital upgraded High Tide to a “strong-buy” rating in a research report on Friday, November 8th.

High Tide Price Performance

HITI opened at $2.77 on Monday. The firm has a market cap of $224.09 million, a price-to-earnings ratio of -92.33 and a beta of 0.46. High Tide has a 1 year low of $1.57 and a 1 year high of $3.62. The stock’s 50 day simple moving average is $3.10 and its 200 day simple moving average is $2.56. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.40 and a quick ratio of 0.92.

Institutional Investors Weigh In On High Tide

Large investors have recently made changes to their positions in the business. Benin Management CORP grew its position in shares of High Tide by 100.0% in the 4th quarter. Benin Management CORP now owns 20,000 shares of the company’s stock worth $62,000 after buying an additional 10,000 shares during the last quarter. Jane Street Group LLC lifted its stake in shares of High Tide by 58.8% in the 3rd quarter. Jane Street Group LLC now owns 35,252 shares of the company’s stock valued at $72,000 after purchasing an additional 13,052 shares during the period. Finally, Chicago Partners Investment Group LLC purchased a new position in shares of High Tide in the 4th quarter valued at approximately $451,000. 4.52% of the stock is currently owned by institutional investors.

High Tide Company Profile

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.