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The price of High Tide Inc (NASDAQ: HITI) closed at $3.37 in the last session, down -1.75% from day before closing price of $3.43. In other words, the price has decreased by -$1.75 from its previous closing price. On the day, 0.66 million shares were traded. HITI stock price reached its highest trading level at $3.4365 during the session, while it also had its lowest trading level at $3.255.
Ratios:
We take a closer look at HITI’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.35 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 20.04. 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.
On September 13, 2021, ROTH Capital started tracking the stock assigning a Buy rating and target price of $12.
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 300728416 and an Enterprise Value of 312161760. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.72 while its Price-to-Book (P/B) ratio in mrq is 2.69. Its current Enterprise Value per Revenue stands at 0.549 whereas that against EBITDA is 21.32.
Stock Price History:
The Beta on a monthly basis for HITI is 0.53, which has changed by 0.43404257 over the last 52 weeks, in comparison to a change of 0.1443547 over the same period for the S&P500. Over the past 52 weeks, HITI has reached a high of $4.06, while it has fallen to a 52-week low of $1.64. The 50-Day Moving Average of the stock is 3.08%, while the 200-Day Moving Average is calculated to be 27.23%.
Shares Statistics:
According to the various share statistics, HITI traded on average about 821.80K shares per day over the past 3-months and 618850 shares per day over the past 10 days. A total of 81.63M shares are outstanding, with a floating share count of 56.83M. Insiders hold about 34.76% of the company’s shares, while institutions hold 6.67% stake in the company. Shares short for HITI as of 1759190400 were 4074781 with a Short Ratio of 4.96, compared to 1756425600 on 3998065.
Earnings Estimates
The firm’s stock currently is rated by 5.0 analysts. 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
According to 5 analysts,. The current quarter’s revenue is expected to be $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 6 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 $588.97M. In the same quarter a year ago, actual revenue was $522.31MBased on 7 analysts’ estimates, the company’s revenue will be $758.82M in the next fiscal year. The high estimate is $827.17M and the low estimate is $698.4M.
