What is Roth Capital’s Estimate for High Tide Q2 Earnings?

High Tide Inc. (NASDAQ:HITI) – Stock analysts at Roth Capital dropped their Q2 2025 EPS estimates for High Tide in a note issued to investors on Wednesday, March 19th. Roth Capital analyst W. Kirk now forecasts that the company will earn ($0.02) per share for the quarter, down from their prior estimate of ($0.01). The consensus estimate for High Tide’s current full-year earnings is ($0.04) per share. Roth Capital also issued estimates for High Tide’s FY2025 earnings at ($0.07) EPS.

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

High Tide Trading Down 1.8 %

High Tide stock opened at $2.14 on Monday. High Tide has a 12 month low of $1.57 and a 12 month high of $3.62. The company has a market capitalization of $173.16 million, a price-to-earnings ratio of -71.33 and a beta of 0.48. The business’s fifty day simple moving average is $2.60 and its two-hundred day simple moving average is $2.70. The company has a current ratio of 1.40, a quick ratio of 0.92 and a debt-to-equity ratio of 0.27.

Hedge Funds Weigh In On High Tide

A number of hedge funds have recently bought and sold shares of HITI. Renaissance Technologies LLC increased its stake in High Tide by 142.4% during the 4th quarter. Renaissance Technologies LLC now owns 839,600 shares of the company’s stock valued at $2,594,000 after purchasing an additional 493,300 shares in the last quarter. Arrowstreet Capital Limited Partnership bought a new stake in shares of High Tide during the fourth quarter valued at approximately $1,605,000. Two Sigma Investments LP increased its position in shares of 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 in the last quarter. Hillsdale Investment Management Inc. raised its holdings in High Tide by 755.4% in the 4th quarter. Hillsdale Investment Management Inc. now owns 240,288 shares of the company’s stock worth $738,000 after acquiring an additional 212,197 shares during the last quarter. Finally, State of Wyoming bought a new position in High Tide in the 4th quarter valued at approximately $481,000. 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.