Hydrofarm Holdings Group (NASDAQ:HYFM) Issues Quarterly Earnings Results

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

Hydrofarm Holdings Group Stock Performance

HYFM traded down $0.48 during trading on Wednesday, hitting $4.11. 36,855 shares of the stock were exchanged, compared to its average volume of 17,960. The firm has a market capitalization of $18.97 million, a P/E ratio of -0.29 and a beta of 1.99. Hydrofarm Holdings Group has a 1-year low of $4.13 and a 1-year high of $12.00. The stock has a fifty day moving average price of $6.02 and a two-hundred day moving average price of $6.28. The company has a quick ratio of 1.41, a current ratio of 3.24 and a debt-to-equity ratio of 0.51.

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.