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S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Stock market today: World shares mostly lower as Congress averts a US government shutdown
Gold Could Be Heading for Record Highs - But How to Play It? (Ad)
Bank of Japan survey shows manufacturers optimistic about economy
Sam Bankman-Fried must now convince a jury that the former crypto king was not a crook
Gold Could Be Heading for Record Highs - But How to Play It? (Ad)
New iPhones Hot In A Bad Way, But Apple Stock Chart is Bullish
Ride the Waves of Wealth With This Oil Tanker 17% Yield
Gold Could Be Heading for Record Highs - But How to Play It? (Ad)
Federal student loan payments are starting again. Here's what you need to know
Facing increasing pressure from customers, some miners are switching to renewable energy
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Stock market today: World shares mostly lower as Congress averts a US government shutdown
Gold Could Be Heading for Record Highs - But How to Play It? (Ad)
Bank of Japan survey shows manufacturers optimistic about economy
Sam Bankman-Fried must now convince a jury that the former crypto king was not a crook
Gold Could Be Heading for Record Highs - But How to Play It? (Ad)
New iPhones Hot In A Bad Way, But Apple Stock Chart is Bullish
Ride the Waves of Wealth With This Oil Tanker 17% Yield
Gold Could Be Heading for Record Highs - But How to Play It? (Ad)
Federal student loan payments are starting again. Here's what you need to know
Facing increasing pressure from customers, some miners are switching to renewable energy
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Stock market today: World shares mostly lower as Congress averts a US government shutdown
Gold Could Be Heading for Record Highs - But How to Play It? (Ad)
Bank of Japan survey shows manufacturers optimistic about economy
Sam Bankman-Fried must now convince a jury that the former crypto king was not a crook
Gold Could Be Heading for Record Highs - But How to Play It? (Ad)
New iPhones Hot In A Bad Way, But Apple Stock Chart is Bullish
Ride the Waves of Wealth With This Oil Tanker 17% Yield
Gold Could Be Heading for Record Highs - But How to Play It? (Ad)
Federal student loan payments are starting again. Here's what you need to know
Facing increasing pressure from customers, some miners are switching to renewable energy
NASDAQ:HYFM

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

$1.22
-0.02 (-1.61%)
(As of 09/29/2023 08:53 PM ET)
Compare
Today's Range
$1.20
▼
$1.31
50-Day Range
$0.90
▼
$1.60
52-Week Range
$0.67
▼
$3.25
Volume
113,000 shs
Average Volume
492,130 shs
Market Capitalization
$55.57 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$3.23
ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaSustainability

Hydrofarm Holdings Group MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
164.3% Upside
$3.23 Price Target
Short Interest
Healthy
4.41% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-3.48
Upright™ Environmental Score
News Sentiment
1.36mentions of Hydrofarm Holdings Group in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($1.05) to ($0.55) Per Share

Overall MarketRank™

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

2.02 out of 5 stars

Basic Materials Sector

107th out of 166 stocks

Miscellaneous Nondurable Goods Industry

2nd out of 4 stocks

See Top Rated MarketRank™ Stocks Here

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 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 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. 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, and Innovative Growers Equipment brands. Hydrofarm Holdings Group, Inc. was founded in 1977 and is based in Shoemakersville, Pennsylvania.

HYFM Price History

HYFM Stock News Headlines

September 27, 2023 | finance.yahoo.com
Top 20 Weed Smoking Countries in the World
August 14, 2023 | finance.yahoo.com
These Analysts Just Made A Neat Downgrade To Their Hydrofarm Holdings Group, Inc. (NASDAQ:HYFM) EPS Forecasts
October 2, 2023 | Wall Street Fundamentals (Ad)
How is This "Hidden Gem" Thriving in a Turbulent Market?
While Wall Street flounders and giants like Amazon & Microsoft lay off thousands... One overlooked company has been quietly achieving over 400% growth. How? By buying, building, and scaling a portfolio of promising brands in high-margin, recession-resistant verticals.
August 11, 2023 | finance.yahoo.com
Hydrofarm Holdings Group, Inc. (NASDAQ:HYFM) Q2 2023 Earnings Call Transcript
August 11, 2023 | finanznachrichten.de
Hydrofarm Holdings Group, Inc.: Hydrofarm Holdings Group Announces Second Quarter 2023 Results
August 10, 2023 | finance.yahoo.com
Q2 2023 Hydrofarm Holdings Group Inc Earnings Call
August 9, 2023 | finance.yahoo.com
Hydrofarm Holdings Group Announces Second Quarter 2023 Results
July 27, 2023 | markets.businessinsider.com
Stifel Nicolaus Sticks to Its Hold Rating for Hydrofarm Holdings Group (HYFM)
October 2, 2023 | Edge On The Street (Ad)
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July 26, 2023 | finance.yahoo.com
Hydrofarm Holdings Group, Inc. to Announce Second Quarter 2023 Results on August 9, 2023
July 22, 2023 | finance.yahoo.com
HYFM - Hydrofarm Holdings Group, Inc.
July 14, 2023 | finance.yahoo.com
Why Investors Shouldn't Be Surprised By Hydrofarm Holdings Group, Inc.'s (NASDAQ:HYFM) Low P/S
June 8, 2023 | finance.yahoo.com
Hydrofarm and CEA Advisors Announce Strategic Alliance
May 29, 2023 | markets.businessinsider.com
Hydrofarm Holdings Group (HYFM) Gets a Hold from Stifel Nicolaus
May 27, 2023 | finance.yahoo.com
11 Best Marijuana Stocks To Buy Now
May 25, 2023 | fool.com
Hydrofarm Group (NASDAQ: HYFM)
May 25, 2023 | markets.businessinsider.com
Stifel Nicolaus Keeps Their Hold Rating on Hydrofarm Holdings Group (HYFM)
May 17, 2023 | msn.com
UBS Maintains Hydrofarm Holdings Group (HYFM) Neutral Recommendation
May 16, 2023 | markets.businessinsider.com
Stifel Nicolaus Reaffirms Their Hold Rating on Hydrofarm Holdings Group (HYFM)
May 12, 2023 | msn.com
Stifel Maintains Hydrofarm Holdings Group (HYFM) Buy Recommendation
May 11, 2023 | msn.com
Recap: Hydrofarm Holdings Group Q1 Earnings
May 11, 2023 | msn.com
Hydrofarm Holdings Reports Resilient First Quarter 2023 Results With $2.1M Adjusted EBITDA
May 11, 2023 | finanznachrichten.de
Hydrofarm Holdings Group, Inc.: Hydrofarm Holdings Group Announces First Quarter 2023 Results
May 11, 2023 | finance.yahoo.com
Q1 2023 Hydrofarm Holdings Group Inc Earnings Call
May 10, 2023 | finance.yahoo.com
Hydrofarm Holdings Group Announces First Quarter 2023 Results
May 10, 2023 | finance.yahoo.com
Hydrofarm Holdings Group, Inc. (HYFM) Reports Q1 Loss, Misses Revenue Estimates
May 10, 2023 | finance.yahoo.com
GrowGeneration (GRWG) Reports Q1 Loss, Tops Revenue Estimates
See More Headlines
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HYFM Company Calendar

Last Earnings
8/09/2023
Today
10/02/2023
Next Earnings (Estimated)
11/08/2023
Fiscal Year End
12/31/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Miscellaneous nondurable goods
Sub-Industry
N/A
Sector
Basic Materials
Current Symbol
NASDAQ:HYFM
CUSIP
N/A
CIK
1695295
Web
www.hydrofarm.com
Phone
707-765-9990
Fax
N/A
Employees
498
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$3.23
High Stock Price Forecast
$5.00
Low Stock Price Forecast
$1.45
Forecasted Upside/Downside
+164.3%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
1 Analysts

Profitability

EPS (Most Recent Fiscal Year)
($1.95)
Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
$-285,420,000.00
Net Margins
-33.94%
Pretax Margin
-31.71%
Return on Equity
-18.24%
Return on Assets
-11.15%

Debt

Debt-to-Equity Ratio
0.39
Current Ratio
4.10
Quick Ratio
1.43

Sales & Book Value

Annual Sales
$344.50 million
Price / Sales
0.16
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
$7.75 per share
Price / Book
0.16

Miscellaneous

Outstanding Shares
45,550,000
Free Float
43,815,000
Market Cap
$55.57 million
Optionable
Not Optionable
Beta
2.11
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Key Executives

  • Mr. William Douglas Toler (Age 63)
    CEO & Chairman
    Comp: $712.16k
  • Mr. B. John Lindeman (Age 53)
    EVP & CFO
    Comp: $542.03k
  • Mr. Mark S. Parker (Age 62)
    Exec. VP of Sales & Bus. Devel.
    Comp: $378.83k
  • Mr. Kevin Patrick O'Brien (Age 43)
    Chief Accounting Officer
  • Mr. Jeffrey Peterson
    Sec.

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions













HYFM Stock - Frequently Asked Questions

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

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Hydrofarm Holdings Group in the last year. There are currently 1 hold rating 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?

1 Wall Street research analysts have issued 1 year price targets for Hydrofarm Holdings Group's shares. Their HYFM share price forecasts range from $1.45 to $5.00. On average, they anticipate the company's share price to reach $3.23 in the next year. This suggests a possible upside of 164.3% 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 2023?

Hydrofarm Holdings Group's stock was trading at $1.55 at the start of the year. Since then, HYFM shares have decreased by 21.3% and is now trading at $1.22.
View the best growth stocks for 2023 here.

When is Hydrofarm Holdings Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 8th 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 results on Wednesday, August, 9th. The company reported ($0.24) earnings per share for the quarter, topping the consensus estimate of ($0.25) by $0.01. The firm had revenue of $63.05 million for the quarter, compared to the consensus estimate of $64.20 million. Hydrofarm Holdings Group had a negative trailing twelve-month return on equity of 18.24% and a negative net margin of 33.94%.

What ETFs hold Hydrofarm Holdings Group's stock?

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

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

Hydrofarm Holdings Group updated its FY 2023 earnings guidance on Thursday, August, 10th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $230.00 million-$240.00 million, compared to the consensus revenue estimate of $280.20 million.

When did Hydrofarm Holdings Group IPO?

(HYFM) raised $130 million in an initial public offering (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 served 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."

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 $1.22.

How much money does Hydrofarm Holdings Group make?

Hydrofarm Holdings Group (NASDAQ:HYFM) has a market capitalization of $55.57 million and generates $344.50 million in revenue each year. The company earns $-285,420,000.00 in net income (profit) each year or ($1.95) on an earnings per share basis.

How many employees does Hydrofarm Holdings Group have?

The company employs 498 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 10/2/2023 by MarketBeat.com Staff

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