Hydrofarm Holdings Group (NASDAQ:HYFM – Get Free Report) released its quarterly earnings results on Friday. The company reported ($51.89) earnings per share (EPS) for the quarter, FiscalAI reports. Hydrofarm Holdings Group had a negative return on equity of 32.29% and a negative net margin of 44.49%.The firm had revenue of $25.12 million for the quarter.
Hydrofarm Holdings Group Price Performance
HYFM stock traded down $0.01 on Friday, reaching $1.05. The company had a trading volume of 25,144 shares, compared to its average volume of 43,497. The company’s fifty day moving average is $1.35 and its 200 day moving average is $2.01. The company has a market cap of $4.90 million, a P/E ratio of -0.08 and a beta of 2.45. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.81 and a current ratio of 2.08. Hydrofarm Holdings Group has a 1 year low of $0.86 and a 1 year high of $4.78.
Hedge Funds Weigh In On Hydrofarm Holdings Group
A number of institutional investors have recently made changes to their positions in HYFM. Jane Street Group LLC acquired a new stake in Hydrofarm Holdings Group in the 4th quarter worth about $34,000. DRW Securities LLC increased its stake in shares of Hydrofarm Holdings Group by 261.4% during the 4th quarter. DRW Securities LLC now owns 38,840 shares of the company’s stock valued at $59,000 after acquiring an additional 28,093 shares during the last quarter. Finally, Citadel Advisors LLC purchased a new position in shares of Hydrofarm Holdings Group during the 3rd quarter worth about $59,000. 26.61% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
View Our Latest Report on Hydrofarm Holdings Group
About Hydrofarm Holdings Group
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.
Read More
Receive News & Ratings for Hydrofarm Holdings Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hydrofarm Holdings Group and related companies with MarketBeat.com's FREE daily email newsletter.
