Hydrofarm Holdings Group (NASDAQ:HYFM – Get Free Report) announced its quarterly earnings results on Friday. The company reported ($3.07) EPS for the quarter, missing analysts’ consensus estimates of ($1.28) by ($1.79), FiscalAI reports. Hydrofarm Holdings Group had a negative net margin of 215.85% and a negative return on equity of 222.94%. The firm had revenue of $28.52 million for the quarter, compared to analyst estimates of $57.69 million.
Hydrofarm Holdings Group Trading Down 6.5%
HYFM stock traded down $0.07 during mid-day trading on Friday, reaching $1.00. The company’s stock had a trading volume of 21,664 shares, compared to its average volume of 39,638. The company has a market cap of $4.77 million, a price-to-earnings ratio of -0.02 and a beta of 2.33. The company has a current ratio of 0.37, a quick ratio of 0.13 and a debt-to-equity ratio of 0.67. Hydrofarm Holdings Group has a 12 month low of $0.79 and a 12 month high of $4.78. The business’s 50 day moving average price is $1.04 and its 200 day moving average price is $1.50.
Analyst Ratings Changes
Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Hydrofarm Holdings Group in a research note on Friday, March 27th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Sell”.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently bought and sold shares of the business. DRW Securities LLC boosted its position in Hydrofarm Holdings Group by 261.4% in the fourth quarter. DRW Securities LLC now owns 38,840 shares of the company’s stock worth $59,000 after purchasing an additional 28,093 shares during the last quarter. Jane Street Group LLC bought a new position in shares of Hydrofarm Holdings Group during the 4th quarter worth $34,000. Finally, Citadel Advisors LLC bought a new position in shares of Hydrofarm Holdings Group during the 3rd quarter worth $59,000. Hedge funds and other institutional investors own 26.61% of the company’s stock.
Hydrofarm Holdings Group Company Profile
Hydrofarm Holdings Group, Inc provides a comprehensive portfolio of products and services for controlled environment agriculture (CEA) and indoor gardening. The company’s offerings include horticultural lighting systems, environmental controls, nutrient and irrigation solutions, growing media, and greenhouse and nursery equipment. These products are designed to support commercial growers, research institutions, and home gardening enthusiasts by optimizing plant growth and resource efficiency in indoor and greenhouse environments.
Founded in 1977 and headquartered in Fairless Hills, Pennsylvania, Hydrofarm has grown through a combination of product innovation and strategic acquisitions.
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