Hydrofarm Holdings Group (NASDAQ:HYFM – Get Free Report) posted its earnings results on Friday. The company reported ($51.89) earnings per share for the quarter, FiscalAI reports. Hydrofarm Holdings Group had a negative net margin of 44.49% and a negative return on equity of 32.29%. The firm had revenue of $25.12 million for the quarter.
Hydrofarm Holdings Group Stock Performance
NASDAQ HYFM opened at $1.01 on Friday. The stock has a market capitalization of $4.73 million, a price-to-earnings ratio of -0.02 and a beta of 2.45. The stock has a 50-day moving average of $1.34 and a 200 day moving average of $1.98. The company has a current ratio of 2.08, a quick ratio of 0.81 and a debt-to-equity ratio of 0.67. Hydrofarm Holdings Group has a twelve month low of $0.86 and a twelve month high of $4.78.
Institutional Trading of Hydrofarm Holdings Group
A number of institutional investors and hedge funds have recently made changes to their positions in HYFM. Jane Street Group LLC acquired a new position in shares of Hydrofarm Holdings Group during the 4th quarter worth approximately $34,000. Citadel Advisors LLC acquired a new stake in Hydrofarm Holdings Group in the 3rd quarter valued at $59,000. Finally, DRW Securities LLC increased 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 worth $59,000 after acquiring an additional 28,093 shares in the last quarter. 26.61% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
Check Out Our Latest Analysis 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.
Recommended Stories
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.
