HF Foods Group (NASDAQ:HFFG) Issues Earnings Results, Misses Estimates By $0.06 EPS

HF Foods Group (NASDAQ:HFFG - Get Free Report) released its earnings results on Monday. The company reported $0.07 EPS for the quarter, missing analysts' consensus estimates of $0.13 by ($0.06), Zacks reports. HF Foods Group had a negative net margin of 0.16% and a positive return on equity of 6.96%.

HF Foods Group Stock Performance

HF Foods Group stock traded down $0.23 during midday trading on Monday, reaching $4.12. 238,552 shares of the company traded hands, compared to its average volume of 86,601. The firm has a market capitalization of $217.28 million, a price-to-earnings ratio of -137.33 and a beta of 0.58. The business has a 50 day moving average of $3.63 and a two-hundred day moving average of $3.27. HF Foods Group has a 12 month low of $1.70 and a 12 month high of $4.93. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.18 and a quick ratio of 0.45.

Wall Street Analysts Forecast Growth

Separately, Roth Capital began coverage on shares of HF Foods Group in a research report on Friday. They issued a "buy" rating and a $7.00 target price on the stock.

HF Foods Group Company Profile

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.

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