Hydrofarm Holdings Group (NASDAQ:HYFM – Get Free Report) released its quarterly earnings data on Friday. The company reported ($2.23) EPS for the quarter, missing the consensus estimate 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 firm had revenue of $23.21 million for the quarter, compared to the consensus estimate of $58.20 million.
Hydrofarm Holdings Group Trading Down 18.3%
NASDAQ HYFM traded down $0.33 during trading hours on Friday, hitting $1.47. The company’s stock had a trading volume of 324,342 shares, compared to its average volume of 1,084,374. Hydrofarm Holdings Group has a 52 week low of $0.50 and a 52 week high of $4.76. The company has a market capitalization of $7.00 million, a PE ratio of -0.02 and a beta of 2.35. The company’s 50-day simple moving average is $0.98 and its two-hundred day simple moving average is $1.09.
Institutional Trading of Hydrofarm Holdings Group
Several institutional investors and hedge funds have recently modified their holdings of HYFM. Citadel Advisors LLC purchased a new position in shares of Hydrofarm Holdings Group during the third quarter valued at approximately $59,000. Jane Street Group LLC purchased a new stake in Hydrofarm Holdings Group in the 4th quarter valued at $34,000. Finally, DRW Securities LLC raised its position in Hydrofarm Holdings Group by 261.4% in the 4th quarter. DRW Securities LLC now owns 38,840 shares of the company’s stock valued at $59,000 after buying an additional 28,093 shares during the last quarter. 26.61% of the stock is owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
View Our Latest Report on HYFM
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.
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