Hydrofarm Holdings Group (NASDAQ:HYFM) Stock Price Down 5.5% – Time to Sell?

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

Wall Street Analysts Forecast Growth

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

Hydrofarm Holdings Group Trading Down 5.5%

The firm has a market cap of $6.44 million, a P/E ratio of -0.10 and a beta of 2.44. The company has a current ratio of 2.08, a quick ratio of 0.81 and a debt-to-equity ratio of 0.67. The business’s 50-day moving average is $1.75 and its two-hundred day moving average is $2.77.

Hydrofarm Holdings Group (NASDAQ:HYFM) last released its earnings results on Wednesday, November 12th. The company reported ($3.51) EPS for the quarter, missing the consensus estimate of ($3.09) by ($0.42). Hydrofarm Holdings Group had a negative net margin of 44.49% and a negative return on equity of 32.29%. The business had revenue of $29.35 million for the quarter, compared to analyst estimates of $35.73 million. As a group, analysts expect 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

An institutional investor recently bought a new position in Hydrofarm Holdings Group stock. Citadel Advisors LLC acquired a new stake in Hydrofarm Holdings Group, Inc. (NASDAQ:HYFM) in the 3rd quarter, according to its most recent filing with the SEC. The fund acquired 18,079 shares of the company’s stock, valued at approximately $59,000. Citadel Advisors LLC owned 0.39% of Hydrofarm Holdings Group as of its most recent filing with the SEC. 26.61% of the stock is owned by institutional investors and hedge funds.

Hydrofarm Holdings Group Company Profile

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.