Ratings High Tide Inc.

Equities

Market Closed - Toronto S.E. Other stock markets 15:59:31 2024-04-30 EDT			5-day change	1st Jan Change
3.16 ^CAD	+16.18%		+8.59%	+48.36%

04-23	High Tide Up Almost 5% in US Premarket After Reporting Big Jump in Saturday Revenue	MT
04-23	High Tide Brief: Reporting Near $2 Million in Retail Sales on '4/20'	MT

Overall, and from a short-term perspective, the company presents an interesting fundamental situation.

Growth is a substantial asset for the company, as anticipated by dedicated analysts. Within the next three years, growth is estimated to reach 54% by 2026.
The stock, which is currently worth 2024 to 0.47 times its sales, is clearly overvalued in comparison with peers.
For the last 4 months, the company has been enjoying highly positive EPS revisions, which were frequently and significantly raised.
Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.
The difference between current prices and the average target price is rather important and implies a significant appreciation potential for the stock.
Over the past twelve months, analysts' opinions have been strongly revised upwards.

As a percentage of sales and without taking into account depreciation and amortization, the company has relatively low margins.
The company has insufficient levels of profitability.
The valuation of the company is particularly high given the cash flows generated by its activity.
For the last four months, the sales outlook for the coming years has been revised downwards. No recovery of the group's activities is yet foreseen.
For the past year, analysts have significantly revised downwards their profit estimates.
Prospects from analysts covering the stock are not consistent. Such dispersed sales estimates confirm the poor visibility into the group's activity.
The price targets of analysts who cover the stock differ significantly. This implies difficulties in evaluating the company and its business.
The company's earnings releases usually do not meet expectations.

	1st Jan change	Capi.	Investor Rating	ESG Refinitiv
HIGH TIDE INC.	+48.36%	182M		-
GREEN THUMB INDUSTRIES INC.	+41.56%	3.65B		D+
VERANO HOLDINGS CORP.	+15.65%	2.15B		-
GLASS HOUSE BRANDS INC.	+118.82%	741M		-
TERRASCEND CORP.	+34.09%	625M		-
CANTOURAGE GROUP SE	+8.64%	104M	-	-
NOVA CANNABIS INC.	+57.30%	58.4M	-	-

Investor Rating

Trading Rating

ESG Refinitiv

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

Finances

P/E ratio

EV / Sales

Price to Book

Price to Free Cash Flow

Yield

1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality