Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
As of close of business last night, High Tide Inc’s stock clocked out at $3.98, up 11.48% from its previous closing price of $3.57. In other words, the price has increased by $11.48 from its previous closing price. On the day, 1.6 million shares were traded. HITI stock price reached its highest trading level at $3.98 during the session, while it also had its lowest trading level at $3.53.
Ratios:
To gain a deeper understanding of HITI’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.50 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 23.66. For the most recent quarter (mrq), Quick Ratio is recorded 1.29 and its Current Ratio is at 1.85. In the meantime, Its Debt-to-Equity ratio is 0.57 whereas as Long-Term Debt/Eq ratio is at 0.43.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, HITI now has a Market Capitalization of 347728320 and an Enterprise Value of 365299584. For. The Stock, the TTM Price-to-Sale (P/S) ratio is 0.85 while its Price-to-Book (P/B) ratio in mrq is 3.18. Its current Enterprise Value per Revenue stands at 0.643 whereas that against EBITDA is 24.949.
Stock Price History:
The Beta on a monthly basis for HITI is 0.52, which has changed by 0.886256 over the last 52 weeks, in comparison to a change of 0.16298151 over the same period for the S&P500. Over the past 52 weeks, HITI has reached a high of $3.99, while it has fallen to a 52-week low of $1.64. The 50-Day Moving Average of. The Stock is 40.56%, while the 200-Day Moving Average is calculated to be 52.11%.
Shares Statistics:
It appears that HITI traded 701.45K shares on average per day over the past three months and 1491330 shares per day over the past ten days. A total of 81.63M shares are outstanding, with a floating share count of 74.34M. Insiders hold about 14.63% of the company’s shares, while institutions hold 6.75% stake in the company. Shares short for HITI as of 1756425600 were 3998065 with a Short Ratio of 5.70, compared to 1753920000 on 3642890.
Earnings Estimates
The dynamic stock of High Tide Inc (HITI) is currently attracting attention from 4.0 analysts actively involved in rating its market status.The consensus estimate for the next quarter is $0.01, with high estimates of $0.01 and low estimates of $0.01.
Analysts are recommending an EPS of between -$0.03 and -$0.03 for the fiscal current year, implying an average EPS of -$0.03. EPS for the following year is $0.05, with 1.0 analysts recommending between $0.05 and $0.05.
Revenue Estimates
In the current quarter, 5 analysts expect revenue to total $158.91M. It ranges from a high estimate of $159.97M to a low estimate of $158.3M. As of the current estimate, High Tide Inc’s year-ago sales were $138.29MFor the next quarter, 5 analysts are estimating revenue of $178.63M. There is a high estimate of $183.3M for the next quarter, whereas the lowest estimate is $170.6M.
A total of 5 analysts have provided revenue estimates for HITI’s current fiscal year. The highest revenue estimate was $589.93M, while the lowest revenue estimate was $588.3M, resulting in an average revenue estimate of $588.89M. In the same quarter a year ago, actual revenue was $522.31MBased on 6 analysts’ estimates, the company’s revenue will be $755.75M in the next fiscal year. The high estimate is $827.17M and the low estimate is $698.4M.
