Q2 Earnings Estimate for High Tide Issued By Atb Cap Markets

High Tide Inc. (NASDAQ:HITI) – Equities researchers at Atb Cap Markets issued their Q2 2025 earnings per share (EPS) estimates for High Tide in a research report issued to clients and investors on Tuesday, March 18th. Atb Cap Markets analyst F. Gomes anticipates 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 Price Performance

Shares of NASDAQ:HITI opened at $2.16 on Friday. The company has a market cap of $174.78 million, a P/E ratio of -72.00 and a beta of 0.48. The company has a quick ratio of 0.92, a current ratio of 1.40 and a debt-to-equity ratio of 0.27. High Tide has a 52 week low of $1.57 and a 52 week high of $3.62. The business has a fifty day simple moving average of $2.64 and a 200-day simple moving average of $2.69.

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

Institutional Investors Weigh In On High Tide

A number of institutional investors have recently added to or reduced their stakes in HITI. Arrowstreet Capital Limited Partnership purchased a new stake in High Tide during the fourth quarter valued at about $1,605,000. Renaissance Technologies LLC grew its position in High Tide by 142.4% during the fourth quarter. Renaissance Technologies LLC now owns 839,600 shares of the company’s stock valued at $2,594,000 after acquiring an additional 493,300 shares during the period. Hillsdale Investment Management Inc. grew its position in High Tide by 755.4% during the fourth quarter. Hillsdale Investment Management Inc. now owns 240,288 shares of the company’s stock valued at $738,000 after acquiring an additional 212,197 shares during the period. Two Sigma Investments LP grew 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 acquiring an additional 184,780 shares during the period. Finally, State of Wyoming purchased a new stake in High Tide during the fourth quarter valued at about $481,000. Hedge funds and other institutional investors own 4.52% of the company’s stock.

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.