Company Performance - High Tide Inc. (HITI) closed at $2.60, showing no change from the previous trading day, while the S&P 500 gained 0.24% [1] - Over the past month, High Tide Inc. shares have decreased by 13.33%, underperforming the Medical sector's gain of 3.63% and the S&P 500's gain of 2.37% [1] Earnings Estimates - The upcoming earnings disclosure for High Tide Inc. is anticipated, with a consensus estimate projecting revenue of $95.97 million, a 1.28% increase from the same quarter last year [2] - For the entire fiscal year, the Zacks Consensus Estimates predict earnings of -$0.04 per share and revenue of $413.24 million, indicating no change in earnings and an 8.39% increase in revenue from the previous year [2] Analyst Sentiment - Recent changes to analyst estimates for High Tide Inc. indicate short-term business trends, with positive revisions reflecting analyst optimism about the company's profitability [3] - The Zacks Rank system, which incorporates these estimate changes, currently ranks High Tide Inc. at 5 (Strong Sell), with the consensus EPS estimate having dropped 400% in the past month [5] Industry Context - The Medical - Products industry, which includes High Tide Inc., has a Zacks Industry Rank of 79, placing it in the top 32% of over 250 industries [6] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [6]
High Tide Inc. (HITI) Flat As Market Gains: What You Should Know