Hydrofarm Holdings Group (NASDAQ:HYFM) Releases Earnings Results, Misses Estimates By $1.79 EPS

Hydrofarm Holdings Group (NASDAQ:HYFM) announced its quarterly earnings data on Friday. The company reported ($3.07) earnings per share (EPS) for the quarter, missing the consensus estimate of ($1.28) by ($1.79), FiscalAI reports. Hydrofarm Holdings Group had a negative net margin of 215.85% and a negative return on equity of 222.94%. The firm had revenue of $28.52 million for the quarter, compared to analysts’ expectations of $57.69 million.

Hydrofarm Holdings Group Trading Down 6.5%

Shares of NASDAQ HYFM traded down $0.07 on Friday, reaching $1.00. 21,664 shares of the company traded hands, compared to its average volume of 33,124. Hydrofarm Holdings Group has a fifty-two week low of $0.79 and a fifty-two week high of $4.78. The company has a 50 day moving average of $1.03 and a 200 day moving average of $1.50. The company has a current ratio of 0.37, a quick ratio of 0.13 and a debt-to-equity ratio of 0.67. The stock has a market capitalization of $4.76 million, a PE ratio of -0.02 and a beta of 2.33.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Hydrofarm Holdings Group in a report on Friday, March 27th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Hydrofarm Holdings Group currently has an average rating of “Sell”.

Institutional Investors Weigh In On Hydrofarm Holdings Group

A number of institutional investors have recently bought and sold shares of HYFM. Citadel Advisors LLC purchased a new position in Hydrofarm Holdings Group during the third quarter worth approximately $59,000. DRW Securities LLC increased its holdings 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 worth $59,000 after buying an additional 28,093 shares during the last quarter. Finally, Jane Street Group LLC acquired a new stake in shares of Hydrofarm Holdings Group during the 4th quarter worth $34,000. 26.61% of the stock is currently owned by hedge funds and other institutional investors.

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.