Hydrofarm Holdings Group (NASDAQ:HYFM) Trading Down 5.7% – Should You Sell?

by · The Markets Daily

Hydrofarm Holdings Group, Inc. (NASDAQ:HYFM – Get Free Report) shares were down 5.7% on Friday . The company traded as low as $0.72 and last traded at $0.7920. Approximately 81,876 shares were traded during trading, an increase of 7% from the average daily volume of 76,493 shares. The stock had previously closed at $0.8401.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Hydrofarm Holdings Group in a research note on Wednesday. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Hydrofarm Holdings Group presently has an average rating of “Sell”.

View Our Latest Research Report on Hydrofarm Holdings Group

Hydrofarm Holdings Group Price Performance

The stock’s 50-day moving average is $0.98 and its 200 day moving average is $1.28. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.33 and a quick ratio of 0.14. The company has a market cap of $3.77 million, a PE ratio of -0.01 and a beta of 2.31.

Hydrofarm Holdings Group (NASDAQ:HYFM – Get Free Report) last posted its quarterly earnings data on Friday, May 15th. The company reported ($3.07) earnings per share for the quarter, missing analysts’ consensus estimates of ($1.28) by ($1.79). Hydrofarm Holdings Group had a negative return on equity of 500.33% and a negative net margin of 237.25%.The business had revenue of $28.52 million during the quarter, compared to analyst estimates of $57.69 million.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the stock. Citadel Advisors LLC acquired a new position in shares of Hydrofarm Holdings Group in the 3rd quarter valued at $59,000. Jane Street Group LLC acquired a new position in shares of Hydrofarm Holdings Group in the 4th quarter valued at about $34,000. Finally, DRW Securities LLC lifted its holdings in shares of Hydrofarm Holdings Group by 261.4% in the 4th quarter. DRW Securities LLC now owns 38,840 shares of the company’s stock valued at $59,000 after buying an additional 28,093 shares during the period. Institutional investors and hedge funds own 26.61% of the company’s stock.

Hydrofarm Holdings Group Company Profile

(Get Free Report)

Hydrofarm Holdings Group, Inc provides a comprehensive portfolio of products and services for controlled environment agriculture (CEA) and indoor gardening. The company’s offerings include horticultural lighting systems, environmental controls, nutrient and irrigation solutions, growing media, and greenhouse and nursery equipment. These products are designed to support commercial growers, research institutions, and home gardening enthusiasts by optimizing plant growth and resource efficiency in indoor and greenhouse environments.

Founded in 1977 and headquartered in Fairless Hills, Pennsylvania, Hydrofarm has grown through a combination of product innovation and strategic acquisitions.

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