Hydrofarm Holdings Group
(NASDAQ:HYFM)
$0.9005
-0.0009[-0.10%]
Last update: 6:10PM Get Real Time Here
OverviewNewsEarningsGuidanceDividendsAnalyst RatingsInsider TradesShort Interest

Hydrofarm Holdings Group Stock (NASDAQ:HYFM), Quotes and News Summary

Hydrofarm Holdings Group Stock (NASDAQ: HYFM) stock price, news, charts, stock research, profile.

Open$0.900
Close-
Volume / Avg.66.590K / 192.986K
Day Range0.900 - 0.919
52 Wk Range0.672 - 1.640
Market Cap$41.404M
P/E Ratio-
Dividend Yield-
ExchangeNASDAQ
RSI
46
Short Interest
3.18%
Days to Cover5.02

Recent News

Restructuring Plan Pays Off For Ancillary Cannabis Co. Despite YoY Net Sales Drop In Q4
Hydrofarm Holdings Group, Inc. reported a 23% year-over-year decrease in net sales for the fourth quarter of 2023, amounting to $47.2 million. The company's successful restructuring plan and cost-saving initiatives led to positive Adjusted EBITDA and Free Cash Flow for the year. In Q4 2023, gross profit increased to $8.4 million, with a gross profit margin of 17.9%, compared to a loss in the same period in 2022. The net loss improved to $15.2 million, and Adjusted EBITDA showed a significant year-over-year improvement of 92%. For the full year 2023, net sales dropped to $226.6 million, but gross profit increased to $37.6 million, with a gross profit margin of 16.6%. The net loss decreased to $64.8 million, and Adjusted EBITDA turned positive at $0.3 million. Operating activities generated $7 million cash, with free cash flow reaching $2.8 million.
Jelena Martinovic
Restructuring Efforts Yield Results For Cannabis-Focused Agriculture Equipment Maker Despite 27% YoY Revenue Drop In Q3
Hydrofarm Holdings Group, Inc. (NASDAQ: HYFM) announced its financial results on Thursday for the third quarter ended Sept. 30, 2023, revealing a nearly 27% year-over-year net sales drop to $54.2 million.
Jelena Martinovic
Hydrofarm Q2 2023 Financials: A Look At Margins, EBITDA, And Growth Outlook
Hydrofarm Holdings Group, Inc. (Nasdaq: HYFM) reported its Q2 2023 financials Wednesday afternoon after market close.
Nicolás Jose Rodriguez
-%

Financials

Quarterly
Annual
Name
Revenue
Change
Gross
Change
EBITDA
Change
EBIT
Change
Earnings
Change
Analyst Trend
0
0
0
0
Nov 23
Buy
Hold
Sell
Strong Sell
Analyst Rating
12345
2.6
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell
About Hydrofarm Holdings Group Inc
Sector
Industrials
Industry
Machinery
Hydrofarm Holdings Group Inc is a distributor and manufacturer of agriculture equipment and supplies...
Show More

Compare

EPS worse than industry
Earnings Per Share
EPS is the portion of a company's profit allocated to each outstanding share of common stock. It is a key metric for investors to assess a company's profitability.
HYFM
DE

FAQ

Q

How do I buy Hydrofarm Holdings Group (HYFM) stock?

A

You can purchase shares of Hydrofarm Holdings Group (NASDAQ: HYFM) through any online brokerage.

View our list of the best stock brokerages.

Q

Who are Hydrofarm Holdings Group's (HYFM) competitors?

A

Other companies in Hydrofarm Holdings Group’s space includes: Deere (NYSE:DE), Toro (NYSE:TTC), Nature's Miracle Holding (NASDAQ:NMHI), Titan Intl (NYSE:TWI) and Agrify (NASDAQ:AGFY).

Q

What is the target price for Hydrofarm Holdings Group (HYFM) stock?

A

The latest price target for Hydrofarm Holdings Group (NASDAQ: HYFM) was reported by Stifel on Tuesday, November 14, 2023. The analyst firm set a price target for 0.90 expecting HYFM to fall to within 12 months (a possible -0.06% downside). 3 analyst firms have reported ratings in the last year.

Q

Current Stock Price for Hydrofarm Holdings Group (HYFM)?

A

The stock price for Hydrofarm Holdings Group (NASDAQ: HYFM) is $0.9005 last updated April 22, 2024 at 6:10 PM EDT.

Q

Does Hydrofarm Holdings Group (HYFM) pay a dividend?

A

There are no upcoming dividends for Hydrofarm Holdings Group.

Q

When is Hydrofarm Holdings Group (NASDAQ:HYFM) reporting earnings?

A

Hydrofarm Holdings Group’s Q1 earnings are confirmed for Wednesday, May 8, 2024.

Q

Is Hydrofarm Holdings Group (HYFM) going to split?

A

There is no upcoming split for Hydrofarm Holdings Group.

Q

What sector and industry does Hydrofarm Holdings Group (HYFM) operate in?

A

Hydrofarm Holdings Group is in the Industrials sector and Machinery industry. They are listed on the NASDAQ.

People Also Watch