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After finishing at $2.61 in the prior trading day, High Tide Inc (NASDAQ: HITI) closed at $2.62, up 0.38%. In other words, the price has increased by $0.38 from its previous closing price. On the day, 0.57 million shares were traded. HITI stock price reached its highest trading level at $2.665 during the session, while it also had its lowest trading level at $2.56.
Ratios:
Our goal is to gain a better understanding of HITI by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.94 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 15.58. 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 228231360 and an Enterprise Value of 246828352. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.56 while its Price-to-Book (P/B) ratio in mrq is 2.09. Its current Enterprise Value per Revenue stands at 0.434 whereas that against EBITDA is 16.858.
Stock Price History:
The Beta on a monthly basis for HITI is 0.46, which has changed by -0.26062322 over the last 52 weeks, in comparison to a change of 0.12607694 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 -17.69%, while the 200-Day Moving Average is calculated to be -1.11%.
Shares Statistics:
The stock has traded on average 729.09K shares per day over the past 3-months and 557490 shares per day over the last 10 days, according to various share statistics. A total of 81.63M shares are outstanding, with a floating share count of 76.13M. Insiders hold about 12.60% of the company’s shares, while institutions hold 13.26% stake in the company. Shares short for HITI as of 1763078400 were 3781827 with a Short Ratio of 5.19, compared to 1760486400 on 4026208.
Earnings Estimates
Current recommendations for the stock of the company come from 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 $0.01 and $0.01 for the fiscal current year, implying an average EPS of $0.01. EPS for the following year is $0.09, with 1.0 analysts recommending between $0.09 and $0.09.
Revenue Estimates
5 analysts predict $158.91M in revenue for. The current quarter. 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 7 analysts have provided revenue estimates for HITI’s current fiscal year. The highest revenue estimate was $589.93M, while the lowest revenue estimate was $587.5M, resulting in an average revenue estimate of $588.76M. 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.
