High Tide Inc. (HITI) Rises As Market Takes a Dip: Key Facts
The latest trading day saw High Tide Inc. (HITI) settling at $2.59, representing a +0.39% change from its previous close.
High Tide Inc. (HITI) Flat As Market Gains: What You Should Know
In the latest trading session, High Tide Inc. (HITI) closed at $2.60, marking no change from the previous day.
High Tide Inc. (HITI) Suffers a Larger Drop Than the General Market: Key Insights
High Tide Inc. (HITI) closed the most recent trading day at $2.63, moving -1.87% from the previous trading session.
High Tide Inc. (HITI) Surpasses Market Returns: Some Facts Worth Knowing
In the closing of the recent trading day, High Tide Inc. (HITI) stood at $2.82, denoting a +1.81% change from the preceding trading day.
High Tide CEO Raj Grover On Germany, Canada And The U.S.
High Tide, Canada's largest cannabis retailer, is expanding into Germany through a majority acquisition of Purecan, aiming to capitalize on the booming medical cannabis market. President and CEO Raj Grover on strategic focus.
Wall Street Bulls Look Optimistic About High Tide (HITI): Should You Buy?
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
High Tide Remains Undervalued After Good Q4
The Company's Q4 again showed solid revenue growth, gaining year-on-year market share in Canadian cannabis retail. Margins were pressured slightly by more aggressive store expansion. The acquisition of a 51% stake in Purecan, a German medical cannabis wholesaler, strategically positions High Tide for expansion in the German market. HITI stock remains undervalued, and I estimate a base scenario upside of 85% to a fair value of $5.1.
High Tide Inc. (HITI) Q4 2024 Earnings Call Transcript
High Tide Inc. (NASDAQ:HITI ) Q4 2024 Earnings Conference Call January 30, 2025 11:30 AM ET Company Participants Raj Grover - President and CEO Mayank Mahajan - CFO Conference Call Participants Matt Bottomley - Canaccord Genuity Frederico Gomes - ATB Capital Markets Bill Kirk - ROTH Capital Andrew Semple - Ventum Financial Operator Good morning. My name is Sylvie, and I will be your conference operator today.
High Tide Inc. (HITI) Reports Q4 Loss, Tops Revenue Estimates
High Tide Inc. (HITI) came out with a quarterly loss of $0.04 per share versus the Zacks Consensus Estimate of a loss of $0.01. This compares to earnings of $0.02 per share a year ago.
High Tide Inc. (HITI) Suffers a Larger Drop Than the General Market: Key Insights
High Tide Inc. (HITI) reachead $3.06 at the closing of the latest trading day, reflecting a -1.92% change compared to its last close.
High Tide: Improving Its Business Model And Beginning International Expansion
Founded in 2009, HITI transitioned smoothly into cannabis sales post-legalization in 2018, leveraging its strong customer base from cannabis accessories. The discount club model similar to Costco's seems be an initiative that would improve the quality of High Tide's business. High Tide plans global expansion into the U.S., EU, and UK, highlighting a clear growth path amidst competitors' bankruptcies.
Wall Street Analysts Think High Tide (HITI) Is a Good Investment: Is It?
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
