For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
High Tide Inc (NASDAQ: HITI) closed the day trading at $2.60 down -1.52% from the previous closing price of $2.64. In other words, the price has decreased by -$1.52 from its previous closing price. On the day, 0.78 million shares were traded.
Ratios:
For a better understanding of HITI, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.11 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.84. For the most recent quarter (mrq), Quick Ratio is recorded 0.92 and its Current Ratio is at 1.40. In the meantime, Its Debt-to-Equity ratio is 0.52 whereas as Long-Term Debt/Eq ratio is at 0.27.
Stock Price History:
Over the past 52 weeks, HITI has reached a high of $3.62, while it has fallen to a 52-week low of $1.57. The 50-Day Moving Average of the stock is -14.11%, while the 200-Day Moving Average is calculated to be 4.81%.
Shares Statistics:
A total of 80.79M shares are outstanding, with a floating share count of 73.62M. Insiders hold about 9.00% of the company’s shares, while institutions hold 9.11% stake in the company.
Earnings Estimates
The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between $0.04 and $0.04 for the fiscal current year, implying an average EPS of $0.04. EPS for the following year is $0.08, with 1.0 analysts recommending between $0.08 and $0.08.
Revenue Estimates
3 analysts predict $138.83M in revenue for the current quarter. It ranges from a high estimate of $140.8M to a low estimate of $137.5M. As of the current estimate, High Tide Inc’s year-ago sales were $128.07MFor the next quarter, 3 analysts are estimating revenue of $145.9M. There is a high estimate of $150.4M for the next quarter, whereas the lowest estimate is $142.3M.
A total of 5 analysts have provided revenue estimates for HITI’s current fiscal year. The highest revenue estimate was $613.5M, while the lowest revenue estimate was $583M, resulting in an average revenue estimate of $594.74M. In the same quarter a year ago, actual revenue was $522.31MBased on 3 analysts’ estimates, the company’s revenue will be $689.67M in the next fiscal year. The high estimate is $729.1M and the low estimate is $646.1M.
