High Tide (US:HITI) ZACKSยท2025-02-05 23:51Company Performance - High Tide Inc. (HITI) closed at $2.82, reflecting a +1.81% increase compared to the previous day, outperforming the S&P 500 which gained 0.39% [1] - Over the past month, shares of High Tide Inc. have decreased by 14.24%, while the Medical sector gained 4.4% and the S&P 500 increased by 1.7% [1] Earnings Estimates - The Zacks Consensus Estimate projects High Tide Inc. will report net sales of $95.97 million, representing a 1.28% increase from the same period last year [2] - For the entire year, earnings are forecasted at -$0.04 per share and revenue at $413.24 million, indicating no change in earnings and an 8.39% increase in revenue compared to the previous year [2] Analyst Sentiment - Recent changes in analyst estimates for High Tide Inc. suggest a positive outlook on the company's business operations and profit generation capabilities [3] - The Zacks Rank system, which evaluates these estimate changes, currently rates High Tide Inc. at 5 (Strong Sell), indicating a negative sentiment among analysts [5] Industry Context - High Tide Inc. operates within the Medical - Products industry, which has a Zacks Industry Rank of 136, placing it in the bottom 46% of over 250 industries [6] - Research indicates that industries in the top 50% of the Zacks Rank tend to outperform those in the bottom half by a factor of 2 to 1 [6]