Why High Tide Inc.’s (HITI) Stock Is Down 6.23%
As of Thursday, October 08, High Tide Inc.’s HITI share price has dipped by 6.23%, which has investors questioning if this is right time to buy.Jenna Brashear
A+ Stock Grade Summary:
| VALUE: |
|
|
| GROWTH: |
|
|
| MOMENTUM: |
|
|
| EPS REVISIONS: |
|
|
| QUALITY: |
|
|
COMPANY SUMMARY
High Tide Inc. engages in the cannabis retail business in Canada, the United States, and internationally. The company operates through Bricks and Mortar, E-commerce, and Medical Cannabis Distribution segments. It manufactures and distributes consumption accessories; cannabis; and hemp derived products. The company also engages in data analytics; advertising; product sourcing and imports; event-based cannabis retail; medical cannabis distribution; accessories retail; and other related services. It provides its products under the Daily High Club, DankStop, FAB CBD, GC, Nuleaf Naturals, Smoke Cartel, Blessed CBD, Fastendr, Famous Brandz, Queen of Bud, Canna Cabana, Grasscity, Daily High Club, and Valiant Distribution brands. The company sells its products through a network of retail stores, e-commerce platforms, and the wholesale distribution arm. The company was formerly known as High Tide Ventures Inc. and changed its name to High Tide Inc. in October 2018. The company was founded in 2009 and is headquartered in Calgary, Canada.
Commentary & Analysis
Why High Tide Inc.’s (HITI) Stock Is Up 5.31%
As of Wednesday, September 16, High Tide Inc.’s HITI share price has surged by 5.31%, which has investors questioning if this is right time to sell.Cynthia McLaughlin
Why High Tide Inc.’s (HITI) Stock Is Up 10.23%
As of Tuesday, August 04, High Tide Inc.’s HITI share price has surged by 10.23%, which has investors questioning if this is right time to sell.Rosalio Madrigal
Why High Tide Inc.’s (HITI) Stock Is Up 10.67%
As of Tuesday, June 16, High Tide Inc.’s HITI share price has surged by 10.67%, which has investors questioning if this is right time to sell.Michael Rose
Why High Tide Inc.’s (HITI) Stock Is Up 13.23%
As of Tuesday, June 16, High Tide Inc.’s HITI share price has surged by 13.23%, which has investors questioning if this is right time to sell.Tudor Pop
Financial Summary
| Share Statistics | HITI | Industry Median |
Percentile (All Stocks) |
|
| Market Cap (Mil) | $239.6 | $498.4 | 30% |
|
| Shares Out (Mil) | 67.4 | 42.8 | 55% |
|
| Institutional Ownership | 50.1% | 81.2% | 36% |
|
| Float (Mil) | 78.0 | 44.5 | 56% |
|
| Beta | 0.95 | 0.72 | 56% |
|
| Avg Daily Volume (000s) | 344 | 264 | 53% |
|
| Price Change (52-week) |
(17.2%) | 56.1% | 39% |
|
| Growth | HITI | Industry Median |
Percentile (All Stocks) |
|
| Sales (5yr) | 46.6% | 6.4% | 95% |
|
| Net Income (5yr) | (49.8%) | (2.0%) | 7% |
|
| EPS (5yr) | (7.1%) | 15.0% | 23 |
|
| Dividends (5yr) | 0.0% | 0.0% | 0% |
|
| Cash Flow (5yr) | (53.1%) | (15.1%) | 6% |
|
| Estimates | Qtrly | Current Fiscal Year |
Next Fiscal Year |
|
| # of Estimates | 1 | 2 | 2 | |
| Current EPS | $0.029 | $0.083 | $0.130 | |
| Month Ago EPS | $0.029 | $0.083 | $0.130 | |
| # Rev Up | 0 | 0 | 0 | |
| # Rev Down | 2 | 1 | 1 | |
| Three Months Ago EPS | na | $0.057 | $0.107 | |
| Year/Year Chg | (66.3%) | (118.8%) | (149.0%) | |
| Financials | HITI | Industry Median |
Percentile (All Stocks) |
|
| Sales (TTM) (Mil) | $514 | $416 | 42% |
|
| Net Income (TTM) (Mil) | ($24) | ($11) | 22% |
|
| EPS (TTM) | ($0.272) | ($0.700) | 32% |
|
| Operating Cash Flow (TTM) (Mil) | $18 | ($7) | 40% |
|
| Net Cash Flow (TTM) (Mil) | ($12) | $3 | 29% |
|
| Long-Term Debt (Q1) (Mil) | $70 | $6 | 42% |
|
| Enterprise Value (Q1) (Mil) | $320 | $493 | 30% |
|
| Valuation | HITI | Industry Median |
Percentile (All Stocks) |
|
| P/B | 3.20 | 2.16 | 69% |
|
| P/E | na | 17.4 | na |
|
| Dividend Yield | 0.0% | 0.0% | 0% |
|
| PEG (5yr hist) | na | 1.2 | na |
|
| Ratios | HITI | Industry Median |
Percentile (All Stocks) |
|
| Gross Margin | 26.1% | 69.4% | 30% |
|
| Net Margin | (4.6%) | 3.3% | 25% |
|
| ROA | (10.5%) | (21.8%) | 25% |
|
| ROE | (26.8%) | (20.2%) | 21% |
|
| Liabilities to Assets | 67.5% | 32.0% | 63% |
|
| F-Score | 4 | 3 | 34% |
|
High Tide Inc. did not pass any screens on 10/28/2026.
