High Tide Inc. (HITI)
NASDAQ: HITI · Real-Time Price · USD
2.380
+0.030 (1.28%)
At close: Apr 24, 2025, 4:00 PM
2.390
+0.010 (0.42%)
Pre-market: Apr 25, 2025, 4:22 AM EDT

High Tide Statistics

Total Valuation

High Tide has a market cap or net worth of $192.33 million. The enterprise value is $217.42 million.

Market Cap 192.33M
Enterprise Value 217.42M

Important Dates

The next estimated earnings date is Thursday, June 12, 2025, after market close.

Earnings Date Jun 12, 2025
Ex-Dividend Date n/a

Share Statistics

High Tide has 80.94 million shares outstanding. The number of shares has increased by 5.91% in one year.

Current Share Class 80.94M
Shares Outstanding 80.94M
Shares Change (YoY) +5.91%
Shares Change (QoQ) +1.05%
Owned by Insiders (%) n/a
Owned by Institutions (%) n/a
Float 69.34M

Valuation Ratios

PE Ratio n/a
Forward PE n/a
PS Ratio 0.52
Forward PS 0.43
PB Ratio 1.92
P/TBV Ratio 5.54
P/FCF Ratio 13.02
P/OCF Ratio 9.48
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 12.78, with an EV/FCF ratio of 14.72.

EV / Earnings n/a
EV / Sales 0.59
EV / EBITDA 12.78
EV / EBIT 24.36
EV / FCF 14.72

Financial Position

The company has a current ratio of 1.61, with a Debt / Equity ratio of 0.46.

Current Ratio 1.61
Quick Ratio 0.82
Debt / Equity 0.46
Debt / EBITDA 1.93
Debt / FCF 3.11
Interest Coverage 0.96

Financial Efficiency

Return on equity (ROE) is -4.55% and return on invested capital (ROIC) is 3.87%.

Return on Equity (ROE) -4.55%
Return on Assets (ROA) 3.49%
Return on Invested Capital (ROIC) 3.87%
Return on Capital Employed (ROCE) 6.81%
Revenue Per Employee $211,900
Profits Per Employee -$2,687
Employee Count 1,750
Asset Turnover 2.32
Inventory Turnover 14.14

Taxes

Income Tax -222,482
Effective Tax Rate n/a

Stock Price Statistics

The stock price has increased by +11.22% in the last 52 weeks. The beta is 0.84, so High Tide's price volatility has been lower than the market average.

Beta (5Y) 0.84
52-Week Price Change +11.22%
50-Day Moving Average 2.25
200-Day Moving Average 2.45
Relative Strength Index (RSI) 63.19
Average Volume (20 Days) 591,788

Short Selling Information

The latest short interest is 3.82 million, so 4.71% of the outstanding shares have been sold short.

Short Interest 3.82M
Short Previous Month 4.00M
Short % of Shares Out 4.71%
Short % of Float 5.50%
Short Ratio (days to cover) 6.40

Income Statement

In the last 12 months, High Tide had revenue of $370.83 million and -$4.70 million in losses. Loss per share was -$0.06.

Revenue 370.83M
Gross Profit 98.08M
Operating Income 8.93M
Pretax Income -28.76M
Net Income -4.70M
EBITDA 17.01M
EBIT 8.93M
Loss Per Share -$0.06
Full Income Statement

Balance Sheet

The company has $23.53 million in cash and $45.98 million in debt, giving a net cash position of -$22.45 million or -$0.28 per share.

Cash & Cash Equivalents 23.53M
Total Debt 45.98M
Net Cash -22.45M
Net Cash Per Share -$0.28
Equity (Book Value) 100.25M
Book Value Per Share 1.22
Working Capital 19.28M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $20.28 million and capital expenditures -$6.14 million, giving a free cash flow of $14.77 million.

Operating Cash Flow 20.28M
Capital Expenditures -6.14M
Free Cash Flow 14.77M
FCF Per Share $0.18
Full Cash Flow Statement

Margins

Gross margin is 26.45%, with operating and profit margins of 2.41% and -1.27%.

Gross Margin 26.45%
Operating Margin 2.41%
Pretax Margin -1.27%
Profit Margin -1.27%
EBITDA Margin 4.59%
EBIT Margin 2.41%
FCF Margin 3.98%

Dividends & Yields

High Tide does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield -5.91%
Shareholder Yield -5.91%
Earnings Yield -2.44%
FCF Yield 7.68%

Analyst Forecast

The average price target for High Tide is $4.50, which is 89.08% higher than the current price. The consensus rating is "Strong Buy".

Price Target $4.50
Price Target Difference 89.08%
Analyst Consensus Strong Buy
Analyst Count 1
Revenue Growth Forecast (5Y) 11.74%
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

The last stock split was on May 13, 2021. It was a reverse split with a ratio of 0.0666667:1.

Last Split Date May 13, 2021
Split Type Reverse
Split Ratio 0.0666667:1

Scores

High Tide has an Altman Z-Score of 3.06 and a Piotroski F-Score of 5.

Altman Z-Score 3.06
Piotroski F-Score 5