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NASDAQ:HYFM

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

$0.66
+0.01 (+1.54%)
(As of 07/26/2024 ET)
Today's Range
$0.65
$0.68
50-Day Range
$0.65
$0.85
52-Week Range
$0.64
$1.64
Volume
52,024 shs
Average Volume
171,348 shs
Market Capitalization
$30.35 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
36.4% Upside
$0.90 Price Target
Short Interest
Bearish
2.39% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-3.13
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 ($1.04) to ($0.87) 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.

3.20 out of 5 stars

Basic Materials Sector

90th out of 175 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

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The death of the "petrodollar" seems imminent. And the implications could not be worse for Americans. Russia, China and India have decided to abandon the petrodollar.
Q1 2024 Hydrofarm Holdings Group Inc Earnings Call
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The death of the "petrodollar" seems imminent. And the implications could not be worse for Americans. Russia, China and India have decided to abandon the petrodollar.
Hydrofarm Holdings Group, Inc. (HYFM)
Hydrofarm Holdings Group Inc (HYFM)
3 Stock Picks to Ride the Vertical Farming Wave
See More Headlines
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Company Calendar

Last Earnings
5/14/2024
Today
7/26/2024
Next Earnings (Confirmed)
8/08/2024
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
$0.90
High Stock Price Target
$0.90
Low Stock Price Target
$0.90
Potential Upside/Downside
+36.4%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
1 Analysts

Profitability

Net Income
$-64,810,000.00
Pretax Margin
-27.79%

Debt

Sales & Book Value

Annual Sales
$218.58 million
Book Value
$6.35 per share

Miscellaneous

Free Float
43,772,000
Market Cap
$30.35 million
Optionable
Optionable
Beta
1.81
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Key Executives

  • Mr. William Douglas Toler (Age 64)
    CEO & Chairman of the Board
    Comp: $698.05k
  • Mr. B. John Lindeman (Age 54)
    Executive VP & CFO
    Comp: $725.38k
  • Mr. Mark S. Parker (Age 64)
    Executive Vice President of Sales & Business Development
    Comp: $408.81k
  • Mr. Kevin Patrick O'Brien (Age 44)
    Chief Accounting Officer
  • Eric Ceresnie
    Senior Vice President of International Sales & Corporate Development
  • Gerard Cantwell
    Senior Vice President of Supply Chain
  • Chris Mayer
    Senior Vice President of Commercial Sales
  • Mr. Jeffrey Peterson
    Secretary

HYFM Stock Analysis - Frequently Asked Questions

How have HYFM shares performed this year?

Hydrofarm Holdings Group's stock was trading at $0.9175 at the beginning of 2024. Since then, HYFM stock has decreased by 28.1% and is now trading at $0.66.
View the best growth stocks for 2024 here
.

How were Hydrofarm Holdings Group's earnings last quarter?

Hydrofarm Holdings Group, Inc. (NASDAQ:HYFM) issued its earnings results on Tuesday, May, 14th. The company reported ($0.28) EPS for the quarter, topping the consensus estimate of ($0.29) by $0.01. The firm had revenue of $54.17 million for the quarter, compared to the consensus estimate of $49 million. Hydrofarm Holdings Group had a negative trailing twelve-month return on equity of 16.55% and a negative net margin of 27.71%.

When did Hydrofarm Holdings Group IPO?

Hydrofarm Holdings Group (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 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 7/26/2024 by MarketBeat.com Staff

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