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 |
Rewards
Risk Analysis
No risks detected for HITI from our risk checks.
My Notes
Capture your thoughts, links and company narrative
High Tide Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$2.64 |
| 52 Week High | CA$3.62 |
| 52 Week Low | CA$1.57 |
| Beta | 1.0 |
| 1 Month Change | -14.56% |
| 3 Month Change | 2.72% |
| 1 Year Change | 40.43% |
| 3 Year Change | -44.19% |
| 5 Year Change | 15.87% |
| Change since IPO | -47.35% |
Recent News & Updates
Recent updates
High Tide: Strategic Expansions Drive Impressive Growth While Remaining Undervalued
Dec 03High Tide: Higher Margins Are Now The Base Scenario
Jun 14High Tide's NuLeaf Naturals multicannabinoid products available for sale in Ontario
Oct 18High Tide to acquire Jimmy's Cannabis Shop BC for $5.3M
Sep 29High Tide GAAP EPS of -C$0.05, revenue of C$95.35M
Sep 14High Tide gets access to C$19M credit facility
Aug 18High Tide undertakes control of Three Kushbar locations in Alberta
Jul 28High Tide to raise C$10M in equity offering
Jul 19High tide opens first canna cabana store in British Columbia
Jul 13High Tide to acquire 9 retail cannabis stores from Choom for C$5.1M
Jul 07High Tide opens new Canna Cabana store in Sherwood Park
Jun 30'We Don't Need Legalization' - High Tide CEO Raj Grover
May 19Shareholder Returns
| HITI | US Pharmaceuticals | US Market | |
|---|---|---|---|
| 7D | -7.0% | -2.4% | 1.5% |
| 1Y | 40.4% | -3.5% | 22.4% |
Return vs Industry: HITI exceeded the US Pharmaceuticals industry which returned -3.5% over the past year.
Return vs Market: HITI exceeded the US Market which returned 22.4% over the past year.
Price Volatility
| HITI volatility | |
|---|---|
| HITI Average Weekly Movement | 9.0% |
| Pharmaceuticals Industry Average Movement | 9.9% |
| Market Average Movement | 5.9% |
| 10% most volatile stocks in US Market | 18.0% |
| 10% least volatile stocks in US Market | 3.0% |
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
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2009 | 1,750 | Raj Grover | www.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
| HITI fundamental statistics | |
|---|---|
| Market cap | US$212.36m |
| Earnings (TTM) | -US$3.06m |
| Revenue (TTM) | US$368.56m |
0.6x
P/S Ratio-69.4x
P/E RatioIs HITI overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| HITI income statement (TTM) | |
|---|---|
| Revenue | CA$522.31m |
| Cost of Revenue | CA$379.80m |
| Gross Profit | CA$142.50m |
| Other Expenses | CA$146.84m |
| Earnings | -CA$4.34m |
Last Reported Earnings
Oct 31, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.054 |
| Gross Margin | 27.28% |
| Net Profit Margin | -0.83% |
| Debt/Equity Ratio | 23.6% |
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 | 2025/02/16 07:50 |
| End of Day Share Price | 2025/02/14 00:00 |
| Earnings | 2024/10/31 |
| Annual Earnings | 2024/10/31 |
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 |
| |
| 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.
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 Github.
Analyst Sources
High Tide Inc. is covered by 12 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 |
|---|---|
| Frederico Yokota Choucair Gomes | ATB Capital Markets |
| David Kideckel | ATB Capital Markets |
| Doug Cooper | Beacon Securities Limited |