Hydrofarm Holdings Group (NASDAQ:HYFM) Trading Down 5.5% – What’s Next?

Shares of Hydrofarm Holdings Group, Inc. (NASDAQ:HYFM) fell 5.5% during mid-day trading on Thursday . The stock traded as low as $1.3750 and last traded at $1.38. 37,231 shares were traded during mid-day trading, an increase of 12% from the average session volume of 33,269 shares. The stock had previously closed at $1.46.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Hydrofarm Holdings Group in a research report on Monday, December 22nd. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company has a consensus rating of “Sell”.

Hydrofarm Holdings Group Price Performance

The firm has a 50 day moving average price of $1.74 and a two-hundred day moving average price of $2.75. The company has a market cap of $6.77 million, a P/E ratio of -0.10 and a beta of 2.44. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.81 and a current ratio of 2.08.

Hydrofarm Holdings Group (NASDAQ:HYFM) last released its quarterly earnings data on Wednesday, November 12th. The company reported ($3.51) EPS for the quarter, missing the consensus estimate of ($3.09) by ($0.42). The business had revenue of $29.35 million for the quarter, compared to analysts’ expectations of $35.73 million. Hydrofarm Holdings Group had a negative net margin of 44.49% and a negative return on equity of 32.29%. On average, analysts predict that Hydrofarm Holdings Group, Inc. will post -13.3 EPS for the current fiscal year.

Hedge Funds Weigh In On Hydrofarm Holdings Group

A hedge fund recently bought a new stake in Hydrofarm Holdings Group stock. Citadel Advisors LLC purchased a new stake in shares of Hydrofarm Holdings Group, Inc. (NASDAQ:HYFM) in the third quarter, according to the company in its most recent filing with the SEC. The firm purchased 18,079 shares of the company’s stock, valued at approximately $59,000. Citadel Advisors LLC owned about 0.39% of Hydrofarm Holdings Group at the end of the most recent quarter. 26.61% of the stock is currently owned by institutional investors and hedge funds.

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.