Atb Cap Markets Comments on High Tide FY2025 Earnings

High Tide Inc. (NASDAQ:HITI) – Stock analysts at Atb Cap Markets issued their FY2025 EPS estimates for shares of High Tide in a research note issued to investors on Monday, December 16th. Atb Cap Markets analyst F. Gomes forecasts that the company will post earnings per share of ($0.06) for the year. The consensus estimate for High Tide’s current full-year earnings is ($0.01) per share. Atb Cap Markets also issued estimates for High Tide’s FY2026 earnings at $0.13 EPS, FY2027 earnings at $0.26 EPS and FY2028 earnings at $0.42 EPS.

Several other equities research analysts have also recently issued reports on the stock. Roth Mkm reiterated a “buy” rating and set a $4.50 price objective on shares of High Tide in a research report on Wednesday, September 18th. Roth Capital raised shares of High Tide to a “strong-buy” rating in a research note on Friday, November 8th.

High Tide Stock Performance

HITI opened at $3.01 on Thursday. High Tide has a 12-month low of $1.53 and a 12-month high of $3.62. The company’s 50 day moving average is $2.91 and its 200 day moving average is $2.38. The company has a current ratio of 1.26, a quick ratio of 0.78 and a debt-to-equity ratio of 0.20. The company has a market cap of $242.14 million, a price-to-earnings ratio of -10.75 and a beta of 0.47.

Institutional Investors Weigh In On High Tide

An institutional investor recently raised its position in High Tide stock. Perritt Capital Management Inc lifted its stake in High Tide Inc. (NASDAQ:HITI) by 92.3% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 125,000 shares of the company’s stock after purchasing an additional 60,000 shares during the quarter. Perritt Capital Management Inc owned about 0.16% of High Tide worth $276,000 at the end of the most recent reporting period. 4.52% of the stock is currently owned by 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.