High Tide (NASDAQ:HITI – Get Rating) and Rent the Runway (NASDAQ:RENT – Get Rating) are both small-cap medical companies, but which is the superior business? We will contrast the two businesses based on the strength of their institutional ownership, analyst recommendations, valuation, profitability, risk, dividends and earnings.
Valuation and Earnings
This table compares High Tide and Rent the Runway’s gross revenue, earnings per share (EPS) and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| High Tide | $277.21 million | 0.36 | -$55.74 million | ($0.82) | -1.63 |
| Rent the Runway | $203.30 million | 0.89 | -$211.80 million | ($2.38) | -1.16 |
High Tide has higher revenue and earnings than Rent the Runway. High Tide is trading at a lower price-to-earnings ratio than Rent the Runway, indicating that it is currently the more affordable of the two stocks.
Institutional and Insider Ownership
Analyst Ratings
This is a breakdown of recent ratings and recommmendations for High Tide and Rent the Runway, as reported by MarketBeat.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| High Tide | 0 | 0 | 0 | 0 | N/A |
| Rent the Runway | 0 | 4 | 7 | 0 | 2.64 |
Rent the Runway has a consensus target price of $5.83, suggesting a potential upside of 110.59%. Given Rent the Runway’s higher possible upside, analysts clearly believe Rent the Runway is more favorable than High Tide.
Risk & Volatility
High Tide has a beta of 0.6, suggesting that its stock price is 40% less volatile than the S&P 500. Comparatively, Rent the Runway has a beta of 0.7, suggesting that its stock price is 30% less volatile than the S&P 500.
Profitability
This table compares High Tide and Rent the Runway’s net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| High Tide | -16.61% | -10.80% | -6.68% |
| Rent the Runway | -53.24% | -649.61% | -36.22% |
Summary
High Tide beats Rent the Runway on 7 of the 13 factors compared between the two stocks.
About High Tide
High Tide Inc. engages in the cannabis retail business in Canada, Europe, the United States, and internationally. The company designs, manufactures, and distributes smoking accessories and cannabis lifestyle products. It is also involved in the wholesale and retailing of cannabis products, as well as operates and franchises licensed retail cannabis stores. In addition, the company provides data analytics services, as well as operates Grasscity.com and CBDcity.com platforms. As of December 19, 2022, it operated 145 retail locations in Ontario, Alberta, British Columbia, Manitoba, and Saskatchewan. The company was formerly known as High Tide Ventures Inc. and changed its name to High Tide Inc. in October 2018. High Tide Inc. was founded in 2009 and is headquartered in Calgary, Canada.
About Rent the Runway
Rent the Runway, Inc. rents designer wear for women through its stores and online retail. The company offers ready-to-wear, workwear, denim, casual, maternity, outerwear, blouses, knitwear, loungewear, jewelry, handbags, activewear, ski wear, home goods, evening wear, and kids wear, as well as accessories. It also engages in the software development and support activities. The company was incorporated in 2009 and is headquartered in Brooklyn, New York.
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