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

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

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 analyst has rated the stock with a Sell rating, According to MarketBeat.com, Hydrofarm Holdings Group presently has an average rating of “Sell”.

Hydrofarm Holdings Group Stock Down 0.2%

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

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

Hedge Funds Weigh In On Hydrofarm Holdings Group

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Citadel Advisors LLC acquired a new position in Hydrofarm Holdings Group during the 3rd quarter worth approximately $59,000. Jane Street Group LLC acquired a new position in Hydrofarm Holdings Group during the 4th quarter worth approximately $34,000. Finally, DRW Securities LLC lifted its position in 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 acquiring an additional 28,093 shares in the last quarter. 26.61% of the stock is owned by institutional investors and hedge funds.

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.