S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
North Carolina medical marijuana sales begin at Cherokee store
Ukrainian and Western leaders laud US aid package while the Kremlin warns of 'further ruin'
Biden sees a $35 price cap for insulin as a pivotal campaign issue. It’s not that clear-cut
'Civil War’ continues box-office campaign at No. 1
Conservative Brazilians laud Elon Musk at rally in support of ex-president Bolsonaro
Tens of thousands of Colombians protest against the leftist president's reform agenda
Stock market today: Asian shares shrug off Wall St blues as China leaves lending rate unchanged
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
North Carolina medical marijuana sales begin at Cherokee store
Ukrainian and Western leaders laud US aid package while the Kremlin warns of 'further ruin'
Biden sees a $35 price cap for insulin as a pivotal campaign issue. It’s not that clear-cut
'Civil War’ continues box-office campaign at No. 1
Conservative Brazilians laud Elon Musk at rally in support of ex-president Bolsonaro
Tens of thousands of Colombians protest against the leftist president's reform agenda
Stock market today: Asian shares shrug off Wall St blues as China leaves lending rate unchanged
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
North Carolina medical marijuana sales begin at Cherokee store
Ukrainian and Western leaders laud US aid package while the Kremlin warns of 'further ruin'
Biden sees a $35 price cap for insulin as a pivotal campaign issue. It’s not that clear-cut
'Civil War’ continues box-office campaign at No. 1
Conservative Brazilians laud Elon Musk at rally in support of ex-president Bolsonaro
Tens of thousands of Colombians protest against the leftist president's reform agenda
Stock market today: Asian shares shrug off Wall St blues as China leaves lending rate unchanged
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
North Carolina medical marijuana sales begin at Cherokee store
Ukrainian and Western leaders laud US aid package while the Kremlin warns of 'further ruin'
Biden sees a $35 price cap for insulin as a pivotal campaign issue. It’s not that clear-cut
'Civil War’ continues box-office campaign at No. 1
Conservative Brazilians laud Elon Musk at rally in support of ex-president Bolsonaro
Tens of thousands of Colombians protest against the leftist president's reform agenda
Stock market today: Asian shares shrug off Wall St blues as China leaves lending rate unchanged
NASDAQ:HYFM

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

$0.90
-0.02 (-2.17%)
(As of 04/19/2024 08:50 PM ET)
Today's Range
$0.90
$0.94
50-Day Range
$0.79
$1.17
52-Week Range
$0.67
$1.65
Volume
71,900 shs
Average Volume
181,955 shs
Market Capitalization
$41.38 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$0.90

Hydrofarm Holdings Group MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
N/A
Short Interest
Healthy
3.02% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-3.14
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($1.08) to ($0.92) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.25 out of 5 stars

Basic Materials Sector

148th out of 172 stocks

Miscellaneous Nondurable Goods Industry

4th out of 5 stocks

HYFM stock logo

About Hydrofarm Holdings Group Stock (NASDAQ:HYFM)

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.

HYFM Stock Price History

HYFM Stock News Headlines

Hydrofarm Holdings Group, Inc. (HYFM)
Hydrofarm Holdings Group Inc (HYFM)
Healthcare Takes A Big Step Forward With The Help Of AI
The average doctor can diagnose an illness correctly 50-90% of the time. But one innovative company's medical AI gets it right 92%+.
3 Stock Picks to Ride the Vertical Farming Wave
Healthcare Takes A Big Step Forward With The Help Of AI
The average doctor can diagnose an illness correctly 50-90% of the time. But one innovative company's medical AI gets it right 92%+.
13 Best Hemp Stocks To Buy Now
Hydrofarm Holdings Group Inc Ordinary Shares HYFM
3 Top-Rated Cannabis Stocks That Analysts Are Loving Now
Here's what Wall Street expects from Hydrofarm's earnings
Top 20 Weed Smoking Countries in the World
See More Headlines
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Company Calendar

Last Earnings
2/29/2024
Today
4/21/2024
Next Earnings (Estimated)
5/08/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Miscellaneous nondurable goods
Sub-Industry
N/A
Current Symbol
NASDAQ:HYFM
Fax
N/A
Employees
369
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$0.90
High Stock Price Target
$0.90
Low Stock Price Target
$0.90
Potential Upside/Downside
0.0%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
2 Analysts

Profitability

Net Income
$-64,810,000.00
Pretax Margin
-28.70%

Debt

Sales & Book Value

Annual Sales
$226.58 million
Book Value
$6.35 per share

Miscellaneous

Free Float
44,231,000
Market Cap
$41.38 million
Optionable
Optionable
Beta
1.95
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HYFM Stock Analysis - Frequently Asked Questions

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

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Hydrofarm Holdings Group in the last year. There are currently 2 hold 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 target for 2024?

2 analysts have issued 1 year target prices for Hydrofarm Holdings Group's shares. Their HYFM share price targets range from $0.90 to $0.90. On average, they predict the company's stock price to reach $0.90 in the next year.
View analysts price targets for HYFM
or view top-rated stocks among Wall Street analysts.

How have HYFM shares performed in 2024?

Hydrofarm Holdings Group's stock was trading at $0.9175 at the beginning of the year. Since then, HYFM stock has decreased by 1.9% and is now trading at $0.90.
View the best growth stocks for 2024 here
.

Are investors shorting Hydrofarm Holdings Group?

Hydrofarm Holdings Group saw a drop in short interest in March. As of March 31st, there was short interest totaling 1,390,000 shares, a drop of 11.5% from the March 15th total of 1,570,000 shares. Based on an average daily trading volume, of 190,000 shares, the short-interest ratio is presently 7.3 days.
View Hydrofarm Holdings Group's Short Interest
.

When is Hydrofarm Holdings Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024.
View our HYFM earnings forecast
.

How were Hydrofarm Holdings Group's earnings last quarter?

Hydrofarm Holdings Group, Inc. (NASDAQ:HYFM) announced its earnings results on Thursday, February, 29th. The company reported ($0.29) earnings per share for the quarter, missing analysts' consensus estimates of ($0.23) by $0.06. The company earned $47.18 million during the quarter, compared to the consensus estimate of $51.50 million. Hydrofarm Holdings Group had a negative net margin of 28.60% and a negative trailing twelve-month return on equity of 16.76%.

What ETFs hold Hydrofarm Holdings Group's stock?

ETFs with the largest weight of Hydrofarm Holdings Group (NASDAQ:HYFM) stock in their portfolio include AXS Cannabis ETF (THCX), Cambria Cannabis ETF (TOKE), Amplify Seymour Cannabis ETF (CNBS) and Amplify Alternative Harvest ETF (MJ).Global X AgTech & Food Innovation ETF (KROP).

When did Hydrofarm Holdings Group IPO?

Hydrofarm Holdings Group (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.

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:HYFM) was last updated on 4/22/2024 by MarketBeat.com Staff

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