Q2 Earnings Estimate for High Tide Issued By Atb Cap Markets

High Tide Inc. (NASDAQ:HITI) – Research analysts at Atb Cap Markets issued their Q2 2025 earnings per share (EPS) estimates for shares of High Tide in a report released on Tuesday, March 18th. Atb Cap Markets analyst F. Gomes expects that the company will post earnings of ($0.04) per share for the quarter. The consensus estimate for High Tide’s current full-year earnings is ($0.04) per share. Atb Cap Markets also issued estimates for High Tide’s Q3 2025 earnings at ($0.03) EPS.

High Tide Stock Down 0.5 %

Shares of NASDAQ HITI opened at $2.14 on Friday. The firm has a 50-day moving average price of $2.66 and a 200 day moving average price of $2.69. High Tide has a 52 week low of $1.57 and a 52 week high of $3.62. The company has a quick ratio of 0.92, a current ratio of 1.40 and a debt-to-equity ratio of 0.27. The stock has a market capitalization of $173.16 million, a price-to-earnings ratio of -71.33 and a beta of 0.48.

High Tide (NASDAQ:HITI) last announced its quarterly earnings data on Friday, March 21st. The company reported ($0.02) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.01). The business had revenue of $100.25 million for the quarter, compared to analyst estimates of $138.83 million. High Tide had a negative return on equity of 2.93% and a negative net margin of 0.81%.

Hedge Funds Weigh In On High Tide

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Two Sigma Investments LP raised its stake in shares of High Tide by 146.0% during the 4th quarter. Two Sigma Investments LP now owns 311,304 shares of the company’s stock worth $962,000 after buying an additional 184,780 shares during the last quarter. State of Wyoming purchased a new stake in shares of High Tide in the fourth quarter valued at about $481,000. Lazard Asset Management LLC grew its position in shares of High Tide by 8,334.5% in the fourth quarter. Lazard Asset Management LLC now owns 51,535 shares of the company’s stock valued at $159,000 after purchasing an additional 50,924 shares during the last quarter. Bank of America Corp DE purchased a new position in shares of High Tide during the 4th quarter worth approximately $72,000. Finally, Jane Street Group LLC increased its stake in shares of High Tide by 50.6% during the 4th 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 in the last quarter. 4.52% of the stock is owned by institutional investors and hedge funds.

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.