Workflow
High Tide Inc. (HITI) Stock Slides as Market Rises: Facts to Know Before You Trade
High Tide High Tide (US:HITI) ZACKSยท2025-07-24 22:51

Company Performance - High Tide Inc. (HITI) closed at $2.37, reflecting a -1.66% change from the previous day, underperforming the S&P 500's gain of 0.07% [1] - Over the past month, shares of High Tide Inc. have appreciated by 9.55%, outperforming the Medical sector's gain of 2.39% and the S&P 500's gain of 5.71% [1] Earnings Forecast - High Tide Inc. is expected to report an EPS of -$0.01, indicating a 200% decline compared to the same quarter last year [2] - The consensus estimate for revenue is $106.58 million, representing a 10.97% increase from the prior-year quarter [2] Annual Estimates - For the annual period, the Zacks Consensus Estimates predict an EPS of -$0.05 and revenue of $416.27 million, reflecting changes of -25% and +9.19% respectively from the previous year [3] - Recent revisions to analyst estimates suggest evolving short-term business trends, with positive revisions indicating a favorable business outlook [3] Zacks Rank and Industry Performance - High Tide Inc. currently holds a Zacks Rank of 2 (Buy), with the consensus EPS projection remaining stagnant over the past 30 days [5] - The Medical - Products industry, part of the Medical sector, has a Zacks Industry Rank of 186, placing it in the bottom 25% of over 250 industries [6] - Research indicates that top-rated industries outperform the bottom half by a factor of 2 to 1 [6]