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High Tide Inc. (HITI) Beats Stock Market Upswing: What Investors Need to Know
High Tide High Tide (US:HITI) ZACKS·2025-03-07 23:50

Company Performance - High Tide Inc. (HITI) closed at $2.40, reflecting a +1.69% change from the previous trading day's closing, outperforming the S&P 500's daily gain of 0.55% [1] - Over the past month, shares of High Tide Inc. have decreased by 19.73%, underperforming the Medical sector's gain of 0.52% and the S&P 500's loss of 5.56% [2] Earnings Estimates - The consensus estimate for High Tide Inc.'s upcoming quarterly revenue is $95.97 million, representing a 1.28% increase from the same period last year [2] - For the annual period, Zacks Consensus Estimates project earnings of -$0.04 per share and revenue of $413.24 million, indicating no change in earnings and an 8.39% increase in revenue compared to the previous year [3] Analyst Sentiment - Recent revisions to analyst estimates for High Tide Inc. are crucial as they reflect near-term business trends, with positive revisions indicating optimism about the company's outlook [3] - The Zacks Rank for High Tide Inc. is currently 5 (Strong Sell), with the Zacks Consensus EPS estimate remaining unchanged over the past month [5] Industry Context - The Medical - Products industry, which includes High Tide Inc., has a Zacks Industry Rank of 134, placing it in the bottom 47% of over 250 industries [6] - The performance of individual industry groups is measured by the Zacks Industry Rank, with top-rated industries outperforming the bottom half by a factor of 2 to 1 [6]