Hydrofarm Holdings Group (NASDAQ:HYFM) Stock Price Down 0.2% – What’s Next?

Shares of Hydrofarm Holdings Group, Inc. (NASDAQ:HYFM) dropped 0.2% on Friday . The company traded as low as $0.9510 and last traded at $0.96. Approximately 6,696 shares changed hands during mid-day trading, a decline of 65% from the average daily volume of 18,934 shares. The stock had previously closed at $0.9620.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Hydrofarm Holdings Group in a research report on Friday, March 27th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Sell”.

Hydrofarm Holdings Group Trading Down 0.2%

The stock has a market cap of $4.57 million, a PE ratio of -0.02 and a beta of 2.31. The business has a 50-day moving average of $0.99 and a 200 day moving average of $1.37. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.14 and a current ratio of 0.33.

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

Institutional Trading of Hydrofarm Holdings Group

Several hedge funds and other institutional investors have recently added to or reduced their stakes in HYFM. Citadel Advisors LLC purchased a new stake in Hydrofarm Holdings Group in the 3rd quarter valued at about $59,000. DRW Securities LLC grew its holdings in 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. Finally, Jane Street Group LLC purchased a new stake in Hydrofarm Holdings Group in the 4th quarter valued at about $34,000. Hedge funds and other institutional investors own 26.61% of the company’s stock.

Hydrofarm Holdings Group Company Profile

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.