Hf Foods Group (NASDAQ:HFFG) Releases Quarterly Earnings Results

Hf Foods Group (NASDAQ:HFFGGet Free Report) issued its earnings results on Monday. The company reported $0.06 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.06, FiscalAI reports. The firm had revenue of $312.00 million during the quarter, compared to analyst estimates of $307.36 million. Hf Foods Group had a negative net margin of 3.16% and a positive return on equity of 6.83%.

Here are the key takeaways from Hf Foods Group’s conference call:

  • Net revenue rose 4.5% to $312 million year‑over‑year and Adjusted EBITDA increased 3.8% to $10.1 million, with net income improving to $1.2 million versus a prior‑year loss.
  • Gross profit and margin contracted (gross profit down to $50.5M and margin to 16.2% from 17.1%) driven by a higher mix of lower‑margin seafood and elevated landed and fuel costs, with management expecting short‑term pressure into Q2/Q3.
  • The company completed its ERP implementation and consolidated sales call centers, already realizing lower SG&A and positioning for purchasing efficiencies, route optimization, SKU rationalization, and a planned customer portal to improve service and margins.
  • Capital investments include buying the Chicago facility, pending Charlotte permitting (expected late Q2/early Q3) and an Atlanta freezer expansion that will nearly double cold storage, aimed at enabling cross‑selling and unlocking several hundred million dollars of organic growth opportunity.
  • M&A remains a core pillar — inbound interest has increased as smaller competitors are squeezed, and HF Foods plans disciplined tuck‑in acquisitions to expand footprint, capture synergies, and leverage its leading position in the U.S. Asian specialty market.

Hf Foods Group Price Performance

Shares of NASDAQ:HFFG opened at $1.90 on Tuesday. Hf Foods Group has a twelve month low of $1.38 and a twelve month high of $4.45. The company’s 50 day moving average is $1.97 and its 200 day moving average is $2.09. The company has a current ratio of 1.18, a quick ratio of 0.53 and a debt-to-equity ratio of 0.61. The company has a market cap of $101.59 million, a PE ratio of -2.60, a price-to-earnings-growth ratio of 0.54 and a beta of 0.53.

Institutional Investors Weigh In On Hf Foods Group

A number of hedge funds and other institutional investors have recently made changes to their positions in HFFG. Cubist Systematic Strategies LLC acquired a new position in shares of Hf Foods Group in the 1st quarter valued at $115,000. Jane Street Group LLC purchased a new position in shares of Hf Foods Group in the 1st quarter valued at about $319,000. Geode Capital Management LLC increased its stake in shares of Hf Foods Group by 1.7% in the 2nd quarter. Geode Capital Management LLC now owns 954,648 shares of the company’s stock valued at $3,036,000 after purchasing an additional 15,714 shares in the last quarter. American Century Companies Inc. purchased a new position in shares of Hf Foods Group in the 2nd quarter valued at about $162,000. Finally, XTX Topco Ltd purchased a new position in shares of Hf Foods Group in the 2nd quarter valued at about $108,000. Institutional investors and hedge funds own 24.02% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently weighed in on HFFG. Alliance Global Partners initiated coverage on Hf Foods Group in a report on Thursday, April 16th. They issued a “buy” rating and a $5.00 price objective for the company. Roth Mkm reissued a “buy” rating on shares of Hf Foods Group in a research note on Wednesday, April 29th. Finally, Wall Street Zen downgraded shares of Hf Foods Group from a “buy” rating to a “hold” rating in a report on Saturday, March 21st. Two equities research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $5.50.

Check Out Our Latest Stock Analysis on HFFG

Hf Foods Group Company Profile

(Get Free Report)

HF Foods Group, Inc, together with its subsidiaries, manufactures, imports and distributes a variety of ethnic and specialty food products primarily for retail and foodservice customers in the United States. The company focuses on value‐added fresh and frozen offerings that cater to growing consumer interest in Hispanic and other global cuisines. Its vertically integrated operations include in‐house manufacturing, procurement of specialty ingredients, and third‐party distribution partnerships.

The company’s product portfolio spans a broad range of categories, including fresh and frozen tamales, enchiladas, empanadas, tortillas and quesadillas, as well as shelf‐stable salsas, sauces, dips, spreads and snack items.

Further Reading

Earnings History for Hf Foods Group (NASDAQ:HFFG)

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