Hydrofarm Holdings Group (NASDAQ:HYFM) Releases Quarterly Earnings Results, Misses Expectations By $1.34 EPS

Hydrofarm Holdings Group (NASDAQ:HYFM) issued its quarterly earnings results on Friday. The company reported ($2.23) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.89) by ($1.34), Zacks reports. Hydrofarm Holdings Group had a negative return on equity of 500.33% and a negative net margin of 237.25%.The business had revenue of $23.21 million for the quarter, compared to the consensus estimate of $58.20 million.

Hydrofarm Holdings Group Price Performance

Shares of NASDAQ:HYFM traded down $0.33 during trading on Friday, reaching $1.47. 324,342 shares of the company were exchanged, compared to its average volume of 1,084,374. The business’s fifty day simple moving average is $0.98 and its 200-day simple moving average is $1.09. Hydrofarm Holdings Group has a 12-month low of $0.50 and a 12-month high of $4.76. The firm has a market capitalization of $7.00 million, a PE ratio of -0.02 and a beta of 2.35.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of HYFM. Jane Street Group LLC bought a new stake in Hydrofarm Holdings Group during the 4th quarter valued at $34,000. DRW Securities LLC lifted its holdings in shares of 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 buying an additional 28,093 shares during the period. Finally, Citadel Advisors LLC bought a new position in shares of Hydrofarm Holdings Group during the 3rd quarter worth $59,000. 26.61% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Hydrofarm Holdings Group in a research report on Wednesday, June 24th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, Hydrofarm Holdings Group currently has an average 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.