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High TideNasdaqCM:HITI Stock Report

Market Cap US$219.8m
Share Price
n/a
1Y55.9%
7D-6.4%
Portfolio Value
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High Tide Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for High Tide
Historical stock prices
Current Share PriceCA$2.79
52 Week HighCA$3.62
52 Week LowCA$1.57
Beta1.04
1 Month Change-9.71%
3 Month Change-2.45%
1 Year Change55.87%
3 Year Change-31.11%
5 Year Change25.76%
Change since IPO-44.36%

Recent News & Updates

High Tide: Strategic Expansions Drive Impressive Growth While Remaining Undervalued

Dec 03

Recent updates

High Tide: Strategic Expansions Drive Impressive Growth While Remaining Undervalued

Dec 03

High Tide: Higher Margins Are Now The Base Scenario

Jun 14

High Tide's NuLeaf Naturals multicannabinoid products available for sale in Ontario

Oct 18

High Tide to acquire Jimmy's Cannabis Shop BC for $5.3M

Sep 29

High Tide GAAP EPS of -C$0.05, revenue of C$95.35M

Sep 14

High Tide gets access to C$19M credit facility

Aug 18

High Tide undertakes control of Three Kushbar locations in Alberta

Jul 28

High Tide to raise C$10M in equity offering

Jul 19

High tide opens first canna cabana store in British Columbia

Jul 13

High Tide to acquire 9 retail cannabis stores from Choom for C$5.1M

Jul 07

High Tide opens new Canna Cabana store in Sherwood Park

Jun 30

'We Don't Need Legalization' - High Tide CEO Raj Grover

May 19

Shareholder Returns

HITIUS PharmaceuticalsUS Market
7D-6.4%2.3%-0.9%
1Y55.9%4.3%22.6%

Return vs Industry: HITI exceeded the US Pharmaceuticals industry which returned 5.1% over the past year.

Return vs Market: HITI exceeded the US Market which returned 24.3% over the past year.

Price Volatility

Is HITI's price volatile compared to industry and market?
HITI volatility
HITI Average Weekly Movement8.9%
Pharmaceuticals Industry Average Movement10.4%
Market Average Movement6.4%
10% most volatile stocks in US Market18.7%
10% least volatile stocks in US Market3.2%

Stable Share Price: HITI has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: HITI's weekly volatility (9%) 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. It operates through Bricks and Mortar Operations; and E-commerce Operations segments. The company operates 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 capUS$219.77m
Earnings (TTM)-US$2.98m
Revenue (TTM)US$359.30m

0.6x

P/S Ratio

-73.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
HITI income statement (TTM)
RevenueCA$522.31m
Cost of RevenueCA$379.80m
Gross ProfitCA$142.50m
Other ExpensesCA$146.84m
Earnings-CA$4.34m

Last Reported Earnings

Oct 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.054
Gross Margin27.28%
Net Profit Margin-0.83%
Debt/Equity Ratio23.6%

How did HITI perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/31 00:29
End of Day Share Price 2025/01/31 00:00
Earnings2024/10/31
Annual Earnings2024/10/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 13 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.

AnalystInstitution
Frederico Yokota Choucair GomesATB Capital Markets
David KideckelATB Capital Markets
Doug CooperBeacon Securities Limited