HITI Stock Overview
Engages in the cannabis retail business in Canada, the United States, and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 4/6 |
| Past Performance | 0/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
My Notes
Capture your thoughts, links and company narrative
High Tide Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$4.33 |
| 52 Week High | CA$5.08 |
| 52 Week Low | CA$2.05 |
| Beta | 1.04 |
| 1 Month Change | 16.71% |
| 3 Month Change | 51.40% |
| 1 Year Change | 102.34% |
| 3 Year Change | -28.07% |
| 5 Year Change | 69.80% |
| Change since IPO | -27.83% |
Recent News & Updates
Recent updates
High Tide Inc.'s (CVE:HITI) Shares Leap 30% Yet They're Still Not Telling The Full Story
Oct 19
Does High Tide (CVE:HITI) Have A Healthy Balance Sheet?
Oct 04Market Cool On High Tide Inc.'s (CVE:HITI) Revenues
Aug 14Here's What Analysts Are Forecasting For High Tide Inc. (CVE:HITI) After Its Second-Quarter Results
Jun 16High Tide (CVE:HITI) Seems To Use Debt Quite Sensibly
Apr 25High Tide Inc. (CVE:HITI) Screens Well But There Might Be A Catch
Mar 16Here's Why High Tide (CVE:HITI) Can Afford Some Debt
Sep 23Take Care Before Diving Into The Deep End On High Tide Inc. (CVE:HITI)
Jul 25Does High Tide (CVE:HITI) Have A Healthy Balance Sheet?
Mar 31Is High Tide (CVE:HITI) A Risky Investment?
Nov 16Shareholder Returns
| HITI | CA Pharmaceuticals | CA Market | |
|---|---|---|---|
| 7D | -4.2% | -1.2% | -3.7% |
| 1Y | 102.3% | -24.4% | 15.0% |
Return vs Industry: HITI exceeded the Canadian Pharmaceuticals industry which returned -24.4% over the past year.
Return vs Market: HITI exceeded the Canadian Market which returned 15% over the past year.
Price Volatility
| HITI volatility | |
|---|---|
| HITI Average Weekly Movement | 8.6% |
| Pharmaceuticals Industry Average Movement | 12.0% |
| Market Average Movement | 8.2% |
| 10% most volatile stocks in CA Market | 17.6% |
| 10% least volatile stocks in CA Market | 2.9% |
Stable Share Price: HITI has not had significant price volatility in the past 3 months compared to the Canadian market.
Volatility Over Time: HITI's weekly volatility (9%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2009 | 1,449 | Raj Grover | www.hightideinc.com |
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.
High Tide Inc. Fundamentals Summary
| HITI fundamental statistics | |
|---|---|
| Market cap | CA$342.07m |
| Earnings (TTM) | -CA$30.44m |
| Revenue (TTM) | CA$511.12m |
0.7x
P/S Ratio-11.5x
P/E RatioIs HITI overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| HITI income statement (TTM) | |
|---|---|
| Revenue | CA$511.12m |
| Cost of Revenue | CA$371.39m |
| Gross Profit | CA$139.73m |
| Other Expenses | CA$170.17m |
| Earnings | -CA$30.44m |
Last Reported Earnings
Jul 31, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.38 |
| Gross Margin | 27.34% |
| Net Profit Margin | -5.95% |
| Debt/Equity Ratio | 19.0% |
How did HITI perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 22:42 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/07/31 |
| Annual Earnings | 2023/10/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
High Tide Inc. is covered by 14 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| David Kideckel | ATB Capital Markets |
| Frederico Yokota Choucair Gomes | ATB Capital Markets |
| Doug Cooper | Beacon Securities Limited |