Hydrofarm Holdings Group (NASDAQ:HYFM) Shares Down 5.5% – What’s Next?

Hydrofarm Holdings Group, Inc. (NASDAQ:HYFM) fell 5.5% during trading on Thursday . The stock traded as low as $1.3750 and last traded at $1.38. 37,231 shares traded hands during mid-day trading, an increase of 12% from the average session volume of 33,269 shares. The stock had previously closed at $1.46.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Hydrofarm Holdings Group in a research note on Monday, December 22nd. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock has an average rating of “Sell”.

Hydrofarm Holdings Group Stock Performance

The company has a fifty day moving average price of $1.75 and a two-hundred day moving average price of $2.77. The company has a market capitalization of $6.44 million, a P/E ratio of -0.10 and a beta of 2.44. The company has a debt-to-equity ratio of 0.67, a current ratio of 2.08 and a quick ratio of 0.81.

Hydrofarm Holdings Group (NASDAQ:HYFM) last announced its earnings results on Wednesday, November 12th. The company reported ($3.51) earnings per share for the quarter, missing analysts’ consensus estimates of ($3.09) by ($0.42). The firm had revenue of $29.35 million for the quarter, compared to the consensus estimate of $35.73 million. Hydrofarm Holdings Group had a negative return on equity of 32.29% and a negative net margin of 44.49%. Equities analysts forecast that Hydrofarm Holdings Group, Inc. will post -13.3 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Hydrofarm Holdings Group

A hedge fund recently bought a new stake in Hydrofarm Holdings Group stock. Citadel Advisors LLC purchased a new stake in Hydrofarm Holdings Group, Inc. (NASDAQ:HYFM) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 18,079 shares of the company’s stock, valued at approximately $59,000. Citadel Advisors LLC owned approximately 0.39% of Hydrofarm Holdings Group as of its most recent filing with the Securities & Exchange Commission. Institutional investors and hedge funds 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.