Q4 Earnings Forecast for HF Foods Group Issued By Sidoti Csr

HF Foods Group Inc. (NASDAQ:HFFG - Free Report) - Stock analysts at Sidoti Csr reduced their Q4 2024 earnings per share (EPS) estimates for HF Foods Group in a report issued on Tuesday, November 19th. Sidoti Csr analyst D. Harriman now anticipates that the company will post earnings of $0.09 per share for the quarter, down from their prior forecast of $0.13. The consensus estimate for HF Foods Group's current full-year earnings is $0.37 per share. Sidoti Csr also issued estimates for HF Foods Group's Q1 2025 earnings at $0.11 EPS, Q2 2025 earnings at $0.11 EPS, Q3 2025 earnings at $0.11 EPS, Q4 2025 earnings at $0.10 EPS, FY2025 earnings at $0.43 EPS and FY2026 earnings at $0.60 EPS.

HF Foods Group Stock Performance

HF Foods Group stock traded down $0.04 on Wednesday, reaching $3.42. 8,917 shares of the stock were exchanged, compared to its average volume of 51,225. The stock has a market cap of $180.36 million, a PE ratio of -115.33 and a beta of 1.47. The firm has a fifty day moving average price of $3.42 and a two-hundred day moving average price of $3.29. HF Foods Group has a twelve month low of $2.46 and a twelve month high of $5.91. The company has a current ratio of 1.18, a quick ratio of 0.45 and a debt-to-equity ratio of 0.43.

Institutional Trading of HF Foods Group

Several institutional investors have recently made changes to their positions in the business. BNP Paribas Financial Markets grew its holdings in shares of HF Foods Group by 63.0% in the 1st quarter. BNP Paribas Financial Markets now owns 19,344 shares of the company's stock worth $68,000 after purchasing an additional 7,477 shares during the last quarter. Vanguard Group Inc. increased its holdings in shares of HF Foods Group by 2.2% during the first quarter. Vanguard Group Inc. now owns 1,859,613 shares of the company's stock worth $6,509,000 after buying an additional 39,438 shares in the last quarter. Bank of New York Mellon Corp raised its stake in shares of HF Foods Group by 10.5% in the second quarter. Bank of New York Mellon Corp now owns 119,683 shares of the company's stock valued at $359,000 after acquiring an additional 11,372 shares during the last quarter. Perritt Capital Management Inc boosted its holdings in shares of HF Foods Group by 40.0% in the 2nd quarter. Perritt Capital Management Inc now owns 35,000 shares of the company's stock worth $105,000 after acquiring an additional 10,000 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its position in HF Foods Group by 30.8% during the 2nd quarter. Dimensional Fund Advisors LP now owns 238,069 shares of the company's stock worth $715,000 after acquiring an additional 56,014 shares during the last quarter. 24.02% of the stock is currently owned by institutional investors and hedge funds.

About HF Foods Group

HF Foods Group Inc, through its subsidiaries, markets and distributes Asian specialty food, seafood, fresh produce, frozen and dry food, and non-food products to Asian and Chinese restaurants, and other foodservice customers in the United States. The company offers seafood, including lobsters, shrimp, crabs, scallops, and fish; Asian specialty food items, including noodles, rice, dried mushrooms and beans, sauces and seasonings, and spring rolls, as well as canned products, such as preserved vegetables, bamboo shoots, and water chestnuts; and meat and poultry products, including beef, pork, chicken, and duck.