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

Hydrofarm Holdings Group (NASDAQ:HYFM) released its quarterly earnings data on Friday. The company reported ($3.07) earnings per share 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 company had revenue of $28.52 million during the quarter, compared to analyst estimates of $57.69 million.

Hydrofarm Holdings Group Stock Down 6.5%

Hydrofarm Holdings Group stock opened at $1.00 on Friday. Hydrofarm Holdings Group has a 1-year low of $0.79 and a 1-year high of $4.78. The firm’s fifty day simple moving average is $1.03 and its 200-day simple moving average is $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 company has a market capitalization of $4.76 million, a P/E ratio of -0.02 and a beta of 2.33.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in HYFM. DRW Securities LLC lifted 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 purchasing an additional 28,093 shares during the last quarter. Jane Street Group LLC bought a new stake in shares of Hydrofarm Holdings Group during the 4th quarter worth $34,000. Finally, Citadel Advisors LLC acquired a new position in Hydrofarm Holdings Group in the 3rd quarter valued at $59,000. Institutional investors and hedge funds own 26.61% of the company’s stock.

Wall Street Analyst Weigh In

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, According to data from MarketBeat.com, the stock has a consensus rating of “Sell”.

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.