Free Trial
NASDAQ:HYFM

Hydrofarm Holdings Group (HYFM) Stock Price, News & Analysis

Hydrofarm Holdings Group logo
$0.60 -0.01 (-1.11%)
(As of 12/20/2024 05:31 PM ET)

About Hydrofarm Holdings Group Stock (NASDAQ:HYFM)

Key Stats

Today's Range
$0.59
$0.61
50-Day Range
$0.51
$0.83
52-Week Range
$0.43
$1.20
Volume
106,736 shs
Average Volume
175,048 shs
Market Capitalization
$27.92 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$0.70
Consensus Rating
Hold

Company Overview

Hydrofarm Holdings Group, Inc., together with its subsidiaries, manufactures and distributes controlled environment agriculture (CEA) equipment and supplies in the United States and Canada. The company provides agricultural lighting devices, indoor climate control equipment, and nutrients, as well as plant additives used to grow, farm, and cultivate cannabis, flowers, fruits, plants, vegetables, grains, and herbs in controlled environment. It is also involved in the distribution of CEA equipment and supplies comprising nutrients and fertilizers; grow light systems; horticulture benches and racking systems; heating, ventilation, and air conditioning systems; humidity and carbon dioxide monitors and controllers; water pumps, heaters, chillers, and filters; and various growing media typically made from soil, peat, rock wool or coconut fiber, and others. The company offers its products to specialty hydroponic retailers, commercial resellers and greenhouse builders, garden centers, hardware stores, and e-commerce retailers under the Active Air, Active Aqua, Aurora Peat Products, HEAVY 16, House & Garden, Gaia Green, Grotek, Innovative Growers Equipment, Mad Farmer, Phantom, PHOTOBIO, Procision, Roots Organics, Soul, and SunBlaster brands. It serves its products through a range of commercial and home gardening equipment and supplies retailers. Hydrofarm Holdings Group, Inc. was founded in 1977 and is based in Shoemakersville, Pennsylvania.

Hydrofarm Holdings Group Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
65th Percentile Overall Score

HYFM MarketRank™: 

Hydrofarm Holdings Group scored higher than 65% of companies evaluated by MarketBeat, and ranked 111th out of 193 stocks in the basic materials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Earnings Growth

    Earnings for Hydrofarm Holdings Group are expected to grow in the coming year, from ($1.38) to ($0.93) per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Hydrofarm Holdings Group is -0.43, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Hydrofarm Holdings Group is -0.43, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    Hydrofarm Holdings Group has a P/B Ratio of 0.10. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    3.06% of the float of Hydrofarm Holdings Group has been sold short.
  • Short Interest Ratio / Days to Cover

    Hydrofarm Holdings Group has a short interest ratio ("days to cover") of 6.9.
  • Change versus previous month

    Short interest in Hydrofarm Holdings Group has recently decreased by 5.08%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Hydrofarm Holdings Group does not currently pay a dividend.

  • Dividend Growth

    Hydrofarm Holdings Group does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    3.06% of the float of Hydrofarm Holdings Group has been sold short.
  • Short Interest Ratio / Days to Cover

    Hydrofarm Holdings Group has a short interest ratio ("days to cover") of 6.9.
  • Change versus previous month

    Short interest in Hydrofarm Holdings Group has recently decreased by 5.08%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Hydrofarm Holdings Group has a news sentiment score of 0.97. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.52 average news sentiment score of Basic Materials companies.
  • News Coverage This Week

    MarketBeat has tracked 2 news articles for Hydrofarm Holdings Group this week, compared to 0 articles on an average week.
  • Search Interest

    2 people have searched for HYFM on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.
  • MarketBeat Follows

    1 people have added Hydrofarm Holdings Group to their MarketBeat watchlist in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Hydrofarm Holdings Group insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 4.80% of the stock of Hydrofarm Holdings Group is held by insiders.

  • Percentage Held by Institutions

    Only 26.61% of the stock of Hydrofarm Holdings Group is held by institutions.

  • Read more about Hydrofarm Holdings Group's insider trading history.
Receive HYFM Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Hydrofarm Holdings Group and its competitors with MarketBeat's FREE daily newsletter.

HYFM Stock News Headlines

What most folks don’t know about oil (BIG missed opportunity)
$1 Trillion… That’s how much Big Tech is set to spend on AI investment in the coming months—according to Goldman Sachs. This investment is driving an A.I. boom that’s being felt across many industries… Including a specific group of energy tickers since A.I. data centers use a massive amount of power. One of those tickers is CEG, up nearly 600% in the last 3 years… Combined with the upcoming presidential election, we have the recipe for a major shakeup in the market. You see, each time the U.S. elects a new president, one overlooked part of the energy sector tends to see a big move. Fact is… this energy niche is BOOMING.
Hydrofarm Holdings Reports Q3 2024 Sales Decline
See More Headlines

HYFM Stock Analysis - Frequently Asked Questions

Hydrofarm Holdings Group's stock was trading at $0.9175 at the beginning of the year. Since then, HYFM shares have decreased by 34.1% and is now trading at $0.6050.
View the best growth stocks for 2024 here
.

Hydrofarm Holdings Group, Inc. (NASDAQ:HYFM) posted its quarterly earnings results on Tuesday, May, 14th. The company reported ($0.28) earnings per share for the quarter, topping analysts' consensus estimates of ($0.29) by $0.01. The firm had revenue of $54.17 million for the quarter, compared to analyst estimates of $49 million. Hydrofarm Holdings Group had a negative trailing twelve-month return on equity of 19.57% and a negative net margin of 32.18%.

Hydrofarm Holdings Group (HYFM) raised $130 million in an IPO on Thursday, December 10th 2020. The company issued 8,700,000 shares at a price of $14.00-$16.00 per share. J.P.Morgan, Stifel, Deutsche Bank Securities, Truist Securities and William Blair acted as the underwriters for the IPO.

Top institutional investors of Hydrofarm Holdings Group include Geode Capital Management LLC (1.03%), Virtu Financial LLC (0.30%), Jane Street Group LLC (0.10%) and XTX Topco Ltd (0.09%). Insiders that own company stock include William Douglas Toler and Terence Fitch.
View institutional ownership trends
.

Shares of HYFM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Hydrofarm Holdings Group investors own include Salesforce (CRM), QUALCOMM (QCOM), Meta Platforms (META), AbbVie (ABBV), Chevron (CVX), NVIDIA (NVDA) and Johnson & Johnson (JNJ).

Company Calendar

Last Earnings
5/14/2024
Today
12/20/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Miscellaneous nondurable goods
Sub-Industry
Wholesale
Current Symbol
NASDAQ:HYFM
Fax
N/A
Employees
840
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$0.70
High Stock Price Target
$0.75
Low Stock Price Target
$0.65
Potential Upside/Downside
+15.7%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
2 Analysts

Profitability

Net Income
$-64,810,000.00
Pretax Margin
-31.82%

Debt

Sales & Book Value

Annual Sales
$200.16 million
Book Value
$6.35 per share

Miscellaneous

Free Float
43,929,000
Market Cap
$27.92 million
Optionable
Optionable
Beta
1.91

Social Links

Ten Starter Stocks For Beginners to Buy Now Cover

Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.

Get This Free Report

This page (NASDAQ:HYFM) was last updated on 12/21/2024 by MarketBeat.com Staff
From Our Partners