High Tide Inc. (HITI) closed at $3.06, a +2.68% move from the prior day, outpacing the S&P 500's 0.59% loss. The company is expected to report EPS of -$0.01, down 200% from the prior-year quarter, and revenue of $106.66 million, up 11.05% from the year-ago quarter. The Zacks Rank system has a track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988.
High Tide Inc. (HITI) closed at $3.06 on July 2, 2025, marking a +2.68% move from the prior day, outpacing the S&P 500's 0.59% loss. The company's stock performance was notable despite the broader market's mixed performance. The Dow gained 0.02%, while the tech-heavy Nasdaq lost 1.46% [1].
Heading into today, shares of High Tide Inc. had gained 24.69% over the past month, significantly outpacing the Medical sector's gain of 3.4% and the S&P 500's gain of 2.49% [1]. The company is scheduled to release its earnings on September 15, 2025, with analysts expecting EPS of -$0.01, a 200% decrease from the prior-year quarter. Revenue is projected to rise 11.05% to $106.66 million [1].
The Zacks Rank system, which has a track record of outperformance, has ranked High Tide Inc. a #2 (Buy) stock. The Zacks Industry Rank for the Medical - Products industry is 96, placing it within the top 39% of over 250 industries [1].
High Tide Inc. has also been making strategic moves to expand its global presence. The company recently announced the acquisition of a majority stake in Remexian Pharma GmbH, a German cannabis company, which is expected to drive growth and increase market share [3].
While the company faces challenges, such as expected negative EPS and revenue growth, its strategic initiatives and strong industry ranking suggest a favorable outlook. Investors should closely monitor the company's earnings report and guidance for further insights into its performance and future prospects.
References:
[1] https://finviz.com/news/144669/high-tide-inc-hiti-advances-while-market-declines-some-information-for-investors
[2] https://www.ainvest.com/news/high-tide-stock-falls-market-gains-analysts-eye-earnings-2508/
[3] https://www.prnewswire.com/news-releases/high-tide-announces-preliminary-q3-2025-guidance-302531865.html
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