Hf Foods Group (NASDAQ:HFFG) Announces Earnings Results, Beats Estimates By $0.06 EPS

Hf Foods Group (NASDAQ:HFFG) posted its earnings results on Monday. The company reported $0.12 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.06 by $0.06, FiscalAI reports. The business had revenue of $323.78 million for the quarter, compared to analyst estimates of $320.54 million. Hf Foods Group had a negative net margin of 2.77% and a positive return on equity of 7.17%.

Here are the key takeaways from Hf Foods Group’s conference call:

• Revenue reached a record $323.8 million, up 2.8% year over year and marking the sixth consecutive quarter of growth, driven by volume gains and improved seafood pricing.
• Profitability remained under pressure, with gross margin declining to 17% and adjusted EBITDA falling 2% to $13.6 million as tariffs, fuel costs, softer dine-in traffic, and pricing concessions offset growth.
• HF Foods agreed to acquire Canadian seafood distributor Searay Foods for approximately $35 million, or about 5x baseline adjusted EBITDA; management expects the mid-teens-margin business to be immediately accretive to margins and EPS, subject to closing conditions.
• The company refinanced and expanded its credit facility, increasing revolver commitments to $140 million and extending maturities to 2031 and 2036, providing additional liquidity for the Searay deal and future acquisitions.
• Southeast seafood volumes are increasing, while Charlotte’s facility is expected to improve distribution efficiency in the fourth quarter; larger Midwest capacity benefits may not materialize until late 2026 or 2027.

Hf Foods Group Stock Performance

Shares of Hf Foods Group stock traded up $0.08 during midday trading on Wednesday, hitting $1.86. The company had a trading volume of 124,202 shares, compared to its average volume of 227,525. Hf Foods Group has a 1-year low of $1.38 and a 1-year high of $3.87. The business’s 50 day simple moving average is $1.69 and its two-hundred day simple moving average is $1.84. The stock has a market cap of $99.67 million, a PE ratio of -2.87, a P/E/G ratio of 0.43 and a beta of 0.58. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.11 and a quick ratio of 0.49.

Analysts Set New Price Targets

A number of research firms have issued reports on HFFG. Roth Capital restated a “buy” rating on shares of Hf Foods Group in a report on Wednesday, April 29th. Alliance Global Partners reiterated a “buy” rating on shares of Hf Foods Group in a research note on Thursday, July 23rd. Finally, Weiss Ratings cut Hf Foods Group from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Thursday, August 6th. Two analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $5.50.

Institutional Trading of Hf Foods Group

A number of hedge funds have recently bought and sold shares of HFFG. Abel Hall LLC acquired a new stake in Hf Foods Group in the 4th quarter worth $26,000. Virtu Financial LLC acquired a new position in shares of Hf Foods Group during the third quarter valued at about $39,000. HRT Financial LP bought a new stake in shares of Hf Foods Group in the fourth quarter valued at about $40,000. Tower Research Capital LLC TRC lifted its stake in shares of Hf Foods Group by 192.7% in the second quarter. Tower Research Capital LLC TRC now owns 12,450 shares of the company’s stock valued at $40,000 after buying an additional 8,197 shares during the period. Finally, Invesco Ltd. lifted its stake in shares of Hf Foods Group by 37.1% in the second quarter. Invesco Ltd. now owns 16,070 shares of the company’s stock valued at $51,000 after buying an additional 4,351 shares during the period. 24.02% of the stock is owned by institutional investors.

Hf Foods Group Company Profile

HF Foods Group, Inc, together with its subsidiaries, manufactures, imports and distributes a variety of ethnic and specialty food products primarily for retail and foodservice customers in the United States. The company focuses on value?added fresh and frozen offerings that cater to growing consumer interest in Hispanic and other global cuisines. Its vertically integrated operations include in?house manufacturing, procurement of specialty ingredients, and third?party distribution partnerships.

The company’s product portfolio spans a broad range of categories, including fresh and frozen tamales, enchiladas, empanadas, tortillas and quesadillas, as well as shelf?stable salsas, sauces, dips, spreads and snack items.