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High Tide TSXV:HITI Stock Report

Last Price

CA$3.10

Market Cap

CA$250.1m

7D

14.0%

1Y

37.8%

Updated

06 Oct, 2024

Data

Company Financials +

HITI Stock Overview

Engages in the cannabis retail business in Canada, the United States, and internationally.

HITI fundamental analysis
Snowflake Score
Valuation5/6
Future Growth4/6
Past Performance0/6
Financial Health6/6
Dividends0/6

High Tide Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for High Tide
Historical stock prices
Current Share PriceCA$3.10
52 Week HighCA$3.83
52 Week LowCA$1.56
Beta1.01
11 Month Change16.54%
3 Month Change11.51%
1 Year Change37.78%
33 Year Change-58.45%
5 Year Change-17.33%
Change since IPO-48.33%

Recent News & Updates

Does High Tide (CVE:HITI) Have A Healthy Balance Sheet?

Oct 04
Does High Tide (CVE:HITI) Have A Healthy Balance Sheet?

Recent updates

Does High Tide (CVE:HITI) Have A Healthy Balance Sheet?

Oct 04
Does High Tide (CVE:HITI) Have A Healthy Balance Sheet?

Market Cool On High Tide Inc.'s (CVE:HITI) Revenues

Aug 14
Market Cool On High Tide Inc.'s (CVE:HITI) Revenues

Here's What Analysts Are Forecasting For High Tide Inc. (CVE:HITI) After Its Second-Quarter Results

Jun 16
Here's What Analysts Are Forecasting For High Tide Inc. (CVE:HITI) After Its Second-Quarter Results

High Tide (CVE:HITI) Seems To Use Debt Quite Sensibly

Apr 25
High Tide (CVE:HITI) Seems To Use Debt Quite Sensibly

High Tide Inc. (CVE:HITI) Screens Well But There Might Be A Catch

Mar 16
High Tide Inc. (CVE:HITI) Screens Well But There Might Be A Catch

Here's Why High Tide (CVE:HITI) Can Afford Some Debt

Sep 23
Here's Why High Tide (CVE:HITI) Can Afford Some Debt

Take Care Before Diving Into The Deep End On High Tide Inc. (CVE:HITI)

Jul 25
Take Care Before Diving Into The Deep End On High Tide Inc. (CVE:HITI)

Does High Tide (CVE:HITI) Have A Healthy Balance Sheet?

Mar 31
Does High Tide (CVE:HITI) Have A Healthy Balance Sheet?

Is High Tide (CVE:HITI) A Risky Investment?

Nov 16
Is High Tide (CVE:HITI) A Risky Investment?

High Tide (CVE:HITI) Is Making Moderate Use Of Debt

Apr 12
High Tide (CVE:HITI) Is Making Moderate Use Of Debt

Shareholder Returns

HITICA PharmaceuticalsCA Market
7D14.0%0.7%0.6%
1Y37.8%-1.7%23.3%

Return vs Industry: HITI exceeded the Canadian Pharmaceuticals industry which returned -1.7% over the past year.

Return vs Market: HITI exceeded the Canadian Market which returned 23.3% over the past year.

Price Volatility

Is HITI's price volatile compared to industry and market?
HITI volatility
HITI Average Weekly Movement7.1%
Pharmaceuticals Industry Average Movement10.2%
Market Average Movement8.2%
10% most volatile stocks in CA Market17.1%
10% least volatile stocks in CA Market3.1%

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 (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20091,449Raj Groverwww.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

How do High Tide's earnings and revenue compare to its market cap?
HITI fundamental statistics
Market capCA$250.10m
Earnings (TTM)-CA$30.44m
Revenue (TTM)CA$511.12m

0.5x

P/S Ratio

-8.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
HITI income statement (TTM)
RevenueCA$511.12m
Cost of RevenueCA$371.39m
Gross ProfitCA$139.73m
Other ExpensesCA$170.17m
Earnings-CA$30.44m

Last Reported Earnings

Jul 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.38
Gross Margin27.34%
Net Profit Margin-5.95%
Debt/Equity Ratio19.0%

How did HITI perform over the long term?

See historical performance and comparison