High Tide Inc's fundamentals are relatively very healthy, and its growth potential is high.Its valuation is considered fairly valued, ranking 11/31 in the Food & Drug Retailing industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 6.94.In the medium term, the stock price is expected to trend down.The company has been performing well in the stock market over the past month, which is supported by its strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
High Tide Inc's Score
Industry at a Glance
Industry Ranking
11 / 31
Overall Ranking
162 / 4578
Industry
Food & Drug Retailing
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
1
analysts
Buy
Current Rating
6.944
Target Price
+180.01%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
High Tide Inc Highlights
StrengthsRisks
High Tide Inc. is a retail-focused cannabis company. The Company’s segments include Bricks-and-mortar and E-commerce. Its Bricks-and-mortar segment includes the Company’s Canadian bricks-and-mortar locations. Its E-commerce segment includes the Company’s United States and international subsidiaries which sell cannabidiol (CBD) and consumption accessories. The Company operates 194 of its branded retail cannabis stores under the Canna Cabana brand, and two branded cannabis stores under the Meta Cannabis Supply Co brand, in addition to its Canadian warehouse operations which primarily service the retail locations in Canada. The Company operates its e-commerce platforms, including Smoke Cartel, Grasscity, Daily High Club, DankStop, NuLeaf Naturals and FABCBD, as well as USA sales on the international e-commerce platforms in the United States. In addition, the Company operates a warehouse which primarily services the e-commerce consumption accessories operations.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 35.88% year-on-year.
Undervalued
The company’s latest PE is -31.79, at a low 3-year percentile range.
Institutional Selling
The latest institutional holdings are 6.33M shares, decreasing 17.49% quarter-over-quarter.
Higher Market Activity
The company has more investor interest, with a 20-day turnover ratio of 0.73.
High Tide Inc. is a retail-focused cannabis company. The Company’s segments include Bricks-and-mortar and E-commerce. Its Bricks-and-mortar segment includes the Company’s Canadian bricks-and-mortar locations. Its E-commerce segment includes the Company’s United States and international subsidiaries which sell cannabidiol (CBD) and consumption accessories. The Company operates 194 of its branded retail cannabis stores under the Canna Cabana brand, and two branded cannabis stores under the Meta Cannabis Supply Co brand, in addition to its Canadian warehouse operations which primarily service the retail locations in Canada. The Company operates its e-commerce platforms, including Smoke Cartel, Grasscity, Daily High Club, DankStop, NuLeaf Naturals and FABCBD, as well as USA sales on the international e-commerce platforms in the United States. In addition, the Company operates a warehouse which primarily services the e-commerce consumption accessories operations.
Ticker SymbolHITI
CompanyHigh Tide Inc
CEOGrover (Harkirat)
Websitehttps://hightideinc.com/
FAQs
What is the current price of High Tide Inc (HITI)?
The current price of High Tide Inc (HITI) is 2.800.
What is the symbol of High Tide Inc?
The ticker symbol of High Tide Inc is HITI.
What is the 52-week high of High Tide Inc?
The 52-week high of High Tide Inc is 5.590.
What is the 52-week low of High Tide Inc?
The 52-week low of High Tide Inc is 2.370.
What is the market capitalization of High Tide Inc?
The market capitalization of High Tide Inc is 228.56M.
What is the net income of High Tide Inc?
The net income of High Tide Inc is -4.34M.
Is High Tide Inc (HITI) currently rated as Buy, Hold, or Sell?
According to analysts, High Tide Inc (HITI) has an overall rating of Buy, with a price target of 6.944.
What is the Earnings Per Share (EPS TTM) of High Tide Inc (HITI)?
The Earnings Per Share (EPS TTM) of High Tide Inc (HITI) is -0.088.