Hydrofarm Holdings Group (NASDAQ:HYFM) Announces Earnings Results

Hydrofarm Holdings Group (NASDAQ:HYFM) posted its quarterly earnings results on Wednesday. The company reported ($3.80) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($2.80) by ($1.00), Zacks reports. Hydrofarm Holdings Group had a negative net margin of 32.18% and a negative return on equity of 19.57%. Hydrofarm Holdings Group updated its FY 2025 guidance to EPS.

Hydrofarm Holdings Group Stock Down 10.5 %

Shares of NASDAQ HYFM traded down $0.48 during midday trading on Wednesday, hitting $4.11. 36,855 shares of the company’s stock were exchanged, compared to its average volume of 17,960. The company has a debt-to-equity ratio of 0.51, a current ratio of 3.24 and a quick ratio of 1.41. Hydrofarm Holdings Group has a twelve month low of $4.13 and a twelve month high of $12.00. The company has a market cap of $18.97 million, a PE ratio of -0.29 and a beta of 1.99. The firm’s fifty day simple moving average is $6.02 and its 200-day simple moving average is $6.28.

Hydrofarm Holdings Group Company Profile

Hydrofarm Holdings Group, Inc, together with its subsidiaries, manufactures and distributes controlled environment agriculture (CEA) equipment and supplies in the United States and Canada. The company provides agricultural lighting devices, indoor climate control equipment, and nutrients, as well as plant additives used to grow, farm, and cultivate cannabis, flowers, fruits, plants, vegetables, grains, and herbs in controlled environment.