Hydrofarm Holdings Group (NASDAQ:HYFM) Releases Quarterly Earnings Results

Hydrofarm Holdings Group (NASDAQ:HYFM) released its quarterly earnings results 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 business had revenue of $28.52 million during the quarter, compared to analysts’ expectations of $57.69 million.

Hydrofarm Holdings Group Trading Down 6.5%

Shares of HYFM stock traded down $0.07 during trading hours on Friday, reaching $1.00. The company’s stock had a trading volume of 21,664 shares, compared to its average volume of 39,638. The stock has a market capitalization of $4.77 million, a P/E ratio of -0.02 and a beta of 2.33. Hydrofarm Holdings Group has a one year low of $0.79 and a one year high of $4.78. The firm’s fifty day simple moving average is $1.04 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.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Hydrofarm Holdings Group in a report on Friday, March 27th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock has an average rating of “Sell”.

Institutional Investors Weigh In On Hydrofarm Holdings Group

Several hedge funds have recently made changes to their positions in the company. DRW Securities LLC boosted its position in shares of Hydrofarm Holdings Group by 261.4% during the fourth quarter. DRW Securities LLC now owns 38,840 shares of the company’s stock valued at $59,000 after purchasing an additional 28,093 shares in the last quarter. Jane Street Group LLC purchased a new position in Hydrofarm Holdings Group during the fourth quarter valued at $34,000. Finally, Citadel Advisors LLC purchased a new position in Hydrofarm Holdings Group during the third quarter valued at $59,000. 26.61% of the stock is currently owned by institutional investors.

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.