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S&P 500   4,026.12
DOW   34,347.03
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Considerations When Rolling Over a 401(k) into a Roth IRA
See how to make money instead of spending it on Black Friday with this offer (Ad)
Airbnb has a plan to fix cleaning fees
Saudi viewers angry over apparent ban on World Cup streaming
See how to make money instead of spending it on Black Friday with this offer (Ad)
Walmart shooting claims teen, young woman, father, mother
Cuba's informal market finds new space on growing internet
See how to make money instead of spending it on Black Friday with this offer (Ad)
US-England World Cup game seen by 19.98M on US television
Bird flu prompts slaughter of 1.8M chickens in Nebraska
S&P 500   4,026.12
DOW   34,347.03
QQQ   286.92
Considerations When Rolling Over a 401(k) into a Roth IRA
See how to make money instead of spending it on Black Friday with this offer (Ad)
Airbnb has a plan to fix cleaning fees
Saudi viewers angry over apparent ban on World Cup streaming
See how to make money instead of spending it on Black Friday with this offer (Ad)
Walmart shooting claims teen, young woman, father, mother
Cuba's informal market finds new space on growing internet
See how to make money instead of spending it on Black Friday with this offer (Ad)
US-England World Cup game seen by 19.98M on US television
Bird flu prompts slaughter of 1.8M chickens in Nebraska
S&P 500   4,026.12
DOW   34,347.03
QQQ   286.92
Considerations When Rolling Over a 401(k) into a Roth IRA
See how to make money instead of spending it on Black Friday with this offer (Ad)
Airbnb has a plan to fix cleaning fees
Saudi viewers angry over apparent ban on World Cup streaming
See how to make money instead of spending it on Black Friday with this offer (Ad)
Walmart shooting claims teen, young woman, father, mother
Cuba's informal market finds new space on growing internet
See how to make money instead of spending it on Black Friday with this offer (Ad)
US-England World Cup game seen by 19.98M on US television
Bird flu prompts slaughter of 1.8M chickens in Nebraska
NASDAQ:HYFM

Hydrofarm Holdings Group - HYFM Stock Forecast, Price & News

$2.62
-0.06 (-2.24%)
(As of 11/25/2022 12:00 AM ET)
Add
Compare
Today's Range
$2.58
$2.70
50-Day Range
$1.94
$3.07
52-Week Range
$1.88
$37.04
Volume
209,899 shs
Average Volume
1.03 million shs
Market Capitalization
$118.35 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$11.83

Hydrofarm Holdings Group MarketRank™ Forecast

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
351.7% Upside
$11.83 Price Target
Short Interest
Healthy
7.68% of Float Sold Short
Dividend Strength
N/A
Sustainability
-2.16
Upright™ Environmental Score
News Sentiment
0.63mentions of Hydrofarm Holdings Group in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($1.26) to ($0.94) Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.19 out of 5 stars

Basic Materials Sector

84th out of 166 stocks

Miscellaneous Nondurable Goods Industry

2nd out of 4 stocks

HYFM stock logo

About Hydrofarm Holdings Group (NASDAQ:HYFM) Stock

Hydrofarm Holdings Group, Inc., together with its subsidiaries, engages in the manufacture and distribution of controlled environment agriculture (CEA) equipment and supplies in the United States and Canada. The company offers agricultural lighting devices, indoor climate control equipment, hydroponics and nutrients, and plant additives used to grow, farm, and cultivate cannabis, flowers, fruits, plants, vegetables, grains, and herbs in controlled environment; and distributes CEA equipment and supplies, which include grow light systems; heating, ventilation, and air conditioning systems; humidity and carbon dioxide monitors and controllers; water pumps, heaters, chillers, and filters; nutrient and fertilizer delivery systems; and various growing media made from soil, rock wool or coconut fiber. It also provides hydroponics systems, such as hydro systems, hydro trays and components, meters and solutions, pumps and irrigation systems, water filtration systems, pots and containers, and tents and tarps; atmospheric control equipment comprising controllers, monitors and timers, ventilation/air conditioning equipment, air purification equipment, and CO2 equipment; and nutrients and additives. The company offers its products under the Phantom, PhotoBio, Active Aqua, Active Air, HEAVY 16, House & Garden, Mad Farmer, Roots Organics, Soul, Procision, Grotek, Gaia Green, Innovative Growers Equipment, Quantum, Xtrasun, Digilux, Agrobrite, SunBlaster, Jump Start, Active Eye, Autopilot, Phat, oxyClone, and GROW!T brands. Hydrofarm Holdings Group, Inc. was founded in 1977 and is based in Shoemakersville, Pennsylvania.

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HYFM Stock News Headlines

Earnings Preview: Hydrofarm Holdings Group
7 Marijuana Stocks to Buy Now
Analyst Ratings for Hydrofarm Holdings Group
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HYFM Company Calendar

Last Earnings
11/11/2021
Today
11/27/2022
Fiscal Year End
12/31/2022
Next Earnings (Estimated)
3/07/2023

Industry, Sector and Symbol

Industry
Miscellaneous nondurable goods
Sub-Industry
N/A
Current Symbol
NASDAQ:HYFM
Fax
N/A
Employees
709
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$11.83
High Stock Price Forecast
$22.00
Low Stock Price Forecast
$4.00
Forecasted Upside/Downside
+351.7%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
6 Analysts

Profitability

Net Income
$13.42 million
Pretax Margin
-69.38%

Debt

Sales & Book Value

Annual Sales
$479.42 million
Cash Flow
$0.91 per share
Book Value
$8.47 per share

Miscellaneous

Free Float
43,589,000
Market Cap
$118.35 million
Optionable
Not Optionable
Beta
2.13

Key Executives

  • Mr. William Douglas Toler (Age 62)
    CEO & Chairman
    Comp: $843.52k
  • Mr. B. John Lindeman (Age 52)
    Chief Financial Officer
    Comp: $690.84k
  • Mr. Kevin Patrick O'Brien (Age 41)
    Chief Accounting Officer
  • Mr. Mark S. Parker (Age 62)
    Exec. VP
  • Mr. Jeffrey Peterson
    Sec.













HYFM Stock - Frequently Asked Questions

Should I buy or sell Hydrofarm Holdings Group stock right now?

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Hydrofarm Holdings Group in the last twelve months. There are currently 4 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" HYFM shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in HYFM, but not buy additional shares or sell existing shares.
View HYFM analyst ratings
or view top-rated stocks.

What is Hydrofarm Holdings Group's stock price forecast for 2023?

6 brokers have issued 12-month target prices for Hydrofarm Holdings Group's shares. Their HYFM share price forecasts range from $4.00 to $22.00. On average, they expect the company's share price to reach $11.83 in the next year. This suggests a possible upside of 351.7% from the stock's current price.
View analysts price targets for HYFM
or view top-rated stocks among Wall Street analysts.

How have HYFM shares performed in 2022?

Hydrofarm Holdings Group's stock was trading at $28.29 at the beginning of the year. Since then, HYFM stock has decreased by 90.7% and is now trading at $2.62.
View the best growth stocks for 2022 here
.

When is Hydrofarm Holdings Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, March 7th 2023.
View our HYFM earnings forecast
.

How were Hydrofarm Holdings Group's earnings last quarter?

Hydrofarm Holdings Group, Inc. (NASDAQ:HYFM) released its quarterly earnings data on Thursday, November, 11th. The company reported $0.17 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.25 by $0.08. The company had revenue of $123.82 million for the quarter, compared to analysts' expectations of $122.72 million. Hydrofarm Holdings Group had a negative net margin of 66.39% and a negative trailing twelve-month return on equity of 6.55%.

What guidance has Hydrofarm Holdings Group issued on next quarter's earnings?

Hydrofarm Holdings Group updated its FY 2022 earnings guidance on Wednesday, November, 9th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $330.00 million-$347.00 million, compared to the consensus revenue estimate of $337.48 million.

When did Hydrofarm Holdings Group IPO?

(HYFM) raised $130 million in an initial public offering on Thursday, December 10th 2020. The company issued 8,700,000 shares at $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.

What is Hydrofarm Holdings Group's stock symbol?

Hydrofarm Holdings Group trades on the NASDAQ under the ticker symbol "HYFM."

Who are Hydrofarm Holdings Group's major shareholders?

Hydrofarm Holdings Group's stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (6.02%), ETF Managers Group LLC (5.06%), Massachusetts Financial Services Co. MA (3.62%), Vanguard Group Inc. (3.60%), State Street Corp (3.23%) and Texas Capital Bank Wealth Management Services Inc. (2.04%). Insiders that own company stock include Patrick Chung, Terence Fitch and William Douglas Toler.
View institutional ownership trends
.

How do I buy shares of Hydrofarm Holdings Group?

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

What is Hydrofarm Holdings Group's stock price today?

One share of HYFM stock can currently be purchased for approximately $2.62.

How much money does Hydrofarm Holdings Group make?

Hydrofarm Holdings Group (NASDAQ:HYFM) has a market capitalization of $118.35 million and generates $479.42 million in revenue each year. The company earns $13.42 million in net income (profit) each year or ($5.82) on an earnings per share basis.

How many employees does Hydrofarm Holdings Group have?

The company employs 709 workers across the globe.

How can I contact Hydrofarm Holdings Group?

The official website for the company is www.hydrofarm.com. The company can be reached via phone at 707-765-9990 or via email at ir@hydrofarm.com.

This page (NASDAQ:HYFM) was last updated on 11/27/2022 by MarketBeat.com Staff