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

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

Hydrofarm Holdings Group Trading Down 18.3%

HYFM stock opened at $1.47 on Friday. The company’s 50 day moving average is $0.99 and its 200 day moving average is $1.09. The stock has a market cap of $7.00 million, a price-to-earnings ratio of -0.02 and a beta of 2.35. Hydrofarm Holdings Group has a 1-year low of $0.50 and a 1-year high of $4.76.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated 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.com, the company presently has an average rating of “Sell”.

Institutional Trading of Hydrofarm Holdings Group

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Jane Street Group LLC purchased a new position in Hydrofarm Holdings Group in the fourth quarter worth $34,000. DRW Securities LLC boosted 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 purchasing an additional 28,093 shares in the last quarter. Finally, Citadel Advisors LLC bought a new position in shares of Hydrofarm Holdings Group during the 3rd quarter valued at about $59,000. Hedge funds and other institutional investors own 26.61% of the company’s stock.

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.