High Tide Stock Buy Hold or Sell Recommendation
| HITI Stock | USD 2.53 0.06 2.32% |
Given the investment horizon of 90 days and your typical level of risk aversion, our recommendation regarding High Tide is 'Strong Sell'. The recommendation algorithm takes into account all of High Tide's available fundamental, technical, and predictive indicators you will find on this site.
Check out High Tide Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For more detail on how to invest in High Stock please use our How to Invest in High Tide guide. In addition, we conduct extensive research on individual companies such as High and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards High Tide. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
High |
Execute High Tide Buy or Sell Advice
The High recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on High Tide. Macroaxis does not own or have any residual interests in High Tide or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute High Tide's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Risky | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Above Average | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
High Tide Trading Alerts and Improvement Suggestions
| High Tide generated a negative expected return over the last 90 days | |
| High Tide has high historical volatility and very poor performance | |
| High Tide has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 142.5 M. Net Loss for the year was (3.81 M) with profit before overhead, payroll, taxes, and interest of 142.5 M. | |
| Latest headline from finance.yahoo.com: High Tide Inc. Flat As Market Gains What You Should Know |
High Tide Returns Distribution Density
The distribution of High Tide's historical returns is an attempt to chart the uncertainty of High Tide's future price movements. The chart of the probability distribution of High Tide daily returns describes the distribution of returns around its average expected value. We use High Tide price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of High Tide returns is essential to provide solid investment advice for High Tide.
| Mean Return | 0.03 | Value At Risk | -5.37 | Potential Upside | 6.75 | Standard Deviation | 3.83 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of High Tide historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
High Stock Institutional Investors
| Shares | Jw Asset Management, Llc | 2024-12-31 | 102.1 K | Federation Des Caisses Desjardins Du Quebec | 2024-09-30 | 78.4 K | Morgan Stanley - Brokerage Accounts | 2024-12-31 | 74.7 K | Royal Bank Of Canada | 2024-12-31 | 73.5 K | Jane Street Group Llc | 2024-12-31 | 53.1 K | Lazard Asset Management Llc | 2024-12-31 | 51.5 K | Centiva Capital Lp | 2024-12-31 | 49.7 K | Citadel Advisors Llc | 2024-09-30 | 48.7 K | Sbi Securities Co Ltd | 2024-12-31 | 47.2 K | Advisorshares Investments, Llc | 2024-12-31 | 1.4 M | Renaissance Technologies Corp | 2024-12-31 | 839.6 K |
High Tide Cash Flow Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Change To Inventory | (5.5M) | (2.9M) | (2.9M) | (3.3M) | (3.0M) | (2.8M) | |
| Investments | (507K) | (8.6M) | (5.7M) | (11.0M) | (9.9M) | (9.4M) | |
| Change In Cash | 6.5M | 11.1M | 5.0M | 17.1M | 19.7M | 20.7M | |
| Net Borrowings | 24.9M | 3.7M | (10.1M) | (1.9M) | (1.7M) | (1.6M) | |
| Free Cash Flow | (13.5M) | (4.6M) | 14.6M | 25.8M | 29.7M | 31.1M | |
| Depreciation | 23.6M | 30.2M | 32.8M | 25.4M | 29.2M | 16.5M | |
| Other Non Cash Items | 14.4M | 44.6M | 36.3M | 8.5M | 9.8M | 15.9M | |
| Capital Expenditures | 10.7M | 9.1M | 6.1M | 9.8M | 11.2M | 7.3M | |
| Net Income | (35.0M) | (70.8M) | (41.0M) | (3.8M) | (3.4M) | (3.6M) | |
| End Period Cash Flow | 14.0M | 25.1M | 30.1M | 47.3M | 54.4M | 57.1M | |
| Change To Netincome | 8.2M | 2.2M | 16.4M | 48.3M | 55.6M | 58.3M |
High Tide Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to High Tide or Consumer Staples Distribution & Retail sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that High Tide's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a High stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.02 | |
β | Beta against Dow Jones | 0.74 | |
σ | Overall volatility | 3.29 | |
Ir | Information ratio | 0 |
High Tide Volatility Alert
High Tide shows above-average downside volatility for the selected time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure High Tide's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact High Tide's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.High Tide Fundamentals Vs Peers
Comparing High Tide's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze High Tide's direct or indirect competition across all of the common fundamentals between High Tide and the related equities. This way, we can detect undervalued stocks with similar characteristics as High Tide or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of High Tide's fundamental indicators could also be used in its relative valuation, which is a method of valuing High Tide by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare High Tide to competition |
| Fundamentals | High Tide | Peer Average |
| Return On Equity | -0.0273 | -0.31 |
| Return On Asset | 0.0399 | -0.14 |
| Profit Margin | (0.01) % | (1.27) % |
| Operating Margin | 0.03 % | (5.51) % |
| Current Valuation | 223.64 M | 16.62 B |
| Shares Outstanding | 80.9 M | 571.82 M |
| Shares Owned By Insiders | 8.75 % | 10.09 % |
| Shares Owned By Institutions | 9.98 % | 39.21 % |
| Number Of Shares Shorted | 4.01 M | 4.71 M |
| Price To Book | 2.03 X | 9.51 X |
| Price To Sales | 0.39 X | 11.42 X |
| Revenue | 142.5 M | 9.43 B |
| Gross Profit | 142.5 M | 27.38 B |
| EBITDA | 33.78 M | 3.9 B |
| Net Income | (3.81 M) | 570.98 M |
| Cash And Equivalents | 18.74 M | 2.7 B |
| Cash Per Share | 0.27 X | 5.01 X |
| Total Debt | 74.61 M | 5.32 B |
| Debt To Equity | 0.31 % | 48.70 % |
| Current Ratio | 1.23 X | 2.16 X |
| Book Value Per Share | 1.77 X | 1.93 K |
| Cash Flow From Operations | 35.55 M | 971.22 M |
| Short Ratio | 5.65 X | 4.00 X |
| Earnings Per Share | (0.04) X | 3.12 X |
| Target Price | 4.5 | |
| Number Of Employees | 1.75 K | 18.84 K |
| Beta | 1.0 | -0.15 |
| Market Capitalization | 205.06 M | 19.03 B |
| Total Asset | 246.21 M | 29.47 B |
| Retained Earnings | (205.93 M) | 9.33 B |
| Working Capital | 24.31 M | 1.48 B |
| Net Asset | 246.21 M |
High Tide Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as High . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About High Tide Buy or Sell Advice
When is the right time to buy or sell High Tide? Buying financial instruments such as High Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having High Tide in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Check out High Tide Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For more detail on how to invest in High Stock please use our How to Invest in High Tide guide.You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Is Consumer Staples Distribution & Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of High Tide. If investors know High will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about High Tide listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.04) | Revenue Per Share | Quarterly Revenue Growth 0.088 | Return On Assets | Return On Equity |
The market value of High Tide is measured differently than its book value, which is the value of High that is recorded on the company's balance sheet. Investors also form their own opinion of High Tide's value that differs from its market value or its book value, called intrinsic value, which is High Tide's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because High Tide's market value can be influenced by many factors that don't directly affect High Tide's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between High Tide's value and its price as these two are different measures arrived at by different means. Investors typically determine if High Tide is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, High Tide's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.