Company Performance - High Tide Inc. (HITI) shares have increased by 14% over the past month and reached a new 52-week high of $3.3, marking a 100% gain since the start of the year [1] - The company reported earnings per share (EPS) of $0.01 in its last earnings report on September 16, 2024, surpassing the consensus estimate of $-0.02 [2] - For the current fiscal year, High Tide is expected to post earnings of $0.04 per share on revenues of $380.89 million, with a projected year-over-year earnings growth of 450% [3] Valuation Metrics - High Tide has a Value Score of A, a Growth Score of A, and a Momentum Score of F, resulting in a combined VGM Score of A [6] - The stock currently trades at 93.1X current fiscal year EPS estimates, which is a premium compared to the peer industry average of 26.7X [6] - On a trailing cash flow basis, High Tide trades at 12.6X, slightly above the peer group's average of 12.5X [6] Zacks Rank - High Tide holds a Zacks Rank of 2 (Buy), supported by favorable earnings estimate revisions from analysts [7] - The recommendation for investors is to select stocks with a Zacks Rank of 1 (Strong Buy) or 2 (Buy) and Style Scores of A or B, indicating that High Tide fits this criterion [7] Industry Comparison - The Medical - Products industry is performing well, ranking in the top 32% of all industries, providing a favorable environment for both High Tide and its peer, Phibro Animal Health Corporation (PAHC) [10] - PAHC has a Zacks Rank of 2 (Buy) and has shown strong earnings performance, beating consensus estimates by 52.17% last quarter [9]

CALGARY, AB, Nov. 25, 2024 /PRNewswire/ - High Tide Inc. ("High Tide" or the "Company") (Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA), the high-impact, retail-forward enterprise built to deliver real-world value across every component of cannabis, announced today that its Canna Cabana retail cannabis store located at 2432 Eglinton Avenue East, Scarborough, Ontario has begun selling recreational cannabis products and consumption accessories for adult use. This opening marks High Tide's 188th Canna Cabana branded r ...

CALGARY, AB, Nov. 18, 2024 /PRNewswire/ - High Tide Inc. ("High Tide" or the "Company") (Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA), the high-impact, retail-forward enterprise built to deliver real-world value across every component of cannabis, announced today that its Canna Cabana retail cannabis store located at 1508 Upper James Street, Hamilton, Ontario will begin selling recreational cannabis products and consumption accessories for adult use this week. This opening will mark High Tide's 187th Canna Cabana ...

This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated August 31, 2023, to its short form base shelf prospectus dated August 3, 2023.CALGARY, AB, Nov. 13, 2024 /PRNewswire/ - High Tide Inc. ("High Tide" or the "Company") (Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA), the high-impact, retail-forward enterprise built to deliver real-world value across every component of cannabis, announced today that it has closed the Final Tranche (as defined herein) ...

High Tide Inc. (HITI) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Shares of this company have returned +31.1% over the past month versus the Zacks S&P 500 composite's +1% change. The Zacks Medical - Products industry, to which High Tide belongs, has gained 0.6% over this period. Now the key question is: Where could the stock be headed in the near term?While media releases or rumors ...

CALGARY, AB, Oct. 24, 2024 /PRNewswire/ - High Tide Inc. ("High Tide" or the "Company") (Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA), the high-impact, retail-forward enterprise built to deliver real-world value across every component of cannabis, announced today that its Canna Cabana retail cannabis store located at 97 Bath Road, Kingston, Ontario, will begin selling recreational cannabis products and consumption accessories for adult use as of 4:20 PM on October 31st, 2024. This opening will mark High Tide's 18 ...

CALGARY, AB, Oct. 10, 2024 /PRNewswire/ - High Tide Inc. ("High Tide" or the "Company") (Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA), the high-impact, retail-forward enterprise built to deliver real-world value across every component of cannabis, announced today that its Canna Cabana retail cannabis store located at 3406 Dundas Street W, Toronto, Ontario will begin selling recreational cannabis products and consumption accessories for adult use on Sunday, October 13. This opening will mark High Tide's 185th Cann ...

This Opening Represents the 70th Canna Cabana Location in Ontario CALGARY, AB, Oct. 7, 2024 /PRNewswire/ - High Tide Inc. ("High Tide" or the "Company") (Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA), the high-impact, retail-forward enterprise built to deliver real-world value across every component of cannabis, announced that its Canna Cabana retail cannabis store located at 201 Danforth Avenue, Toronto, Ontario will begin selling recreational cannabis products and consumption accessories for adult use today. Thi ...

Tipranks.com shows stock returns from my articles have averaged over 31% over a one year period. I was the Credit Manager for a mid-sized publicly traded bank and retired early in 2013 due to success in the stock market. Despite never working in the industry, I took and passed the CFA Level 1 exam. I usually only write about stocks that are my best ideas and have a position in. About 50-75% of my portfolio are deep value stocks, primarily small caps. Analyst's Disclosure: I/we have a beneficial long positio ...

The Company Placed 87th out of 417 Companies, With a Three-Year Growth Rate of 486% CALGARY, AB, Sept. 26, 2024 /PRNewswire/ - High Tide Inc. ("High Tide" or the "Company") (Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA), the high-impact, retail-forward enterprise built to deliver real-world value across every component of cannabis, announced today that it placed No. 87 out of 417 companies listed on the 2024 Report on Business ranking of Canada's Top Growing Companies, with a three-year revenue growth rate of 486% ...