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Hydrofarm Holdings Group, Inc. (HYFM)

NASDAQ: HYFM · IEX Real-Time Price · USD
38.40
+0.43 (1.13%)
After-hours:Sep 24, 2021 7:49 PM EDT
37.97
-3.33 (-8.06%)
At close: Sep 24, 4:00 PM
Market Cap1.67B
Revenue (ttm)429.29M
Net Income (ttm)n/a
Shares Out37.86M
EPS (ttm)-0.03
PE Ration/a
Forward PE24.04
Dividendn/a
Ex-Dividend Daten/a
Volume1,787,484
Open40.79
Previous Close41.30
Day's Range37.31 - 41.30
52-Week Range37.31 - 95.48
Betan/a
AnalystsStrong Buy
Price Target66.75 (+75.8%)
Est. Earnings DateNov 11, 2021

About HYFM

Hydrofarm Holdings Group, Inc., together with its subsidiaries, engages in the manufacture and distribution of controlled environment agriculture (CEA) equipment and supplies in the United States and Canada. The company offers agricultural lighting devices, indoor climate control equipment, hydroponics and nutrients, and plant additives used to grow, farm, and cultivate cannabis, flowers, fruits, plants, vegetables, grains, and herbs in controlled environment; and distributes CEA equipment and supplies, which include grow light systems; heating...

IndustryFarm & Heavy Construction Machinery
IPO DateDec 10, 2020
Employees327
Stock ExchangeNASDAQ
Ticker SymbolHYFM
Full Company Profile

Financial Performance

In 2020, Hydrofarm's revenue was $342.21 million, an increase of 45.55% compared to the previous year's $235.11 million. Losses were -$7.27 million, -81.86% less than in 2019.

Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for Hydrofarm stock is "Strong Buy." The 12-month stock price forecast is 66.75, which is an increase of 75.80% from the latest price.

Price Target
$66.75
(75.80% upside)
Analyst Consensus: Strong Buy

News

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Hydrofarm Holdings Q2 Revenue Jumps 46.7% YoY To $133.8M, Raises Full Year Guidance Based On Important Acquisitions

Hydroponics equipment manufacturer Hydrofarm Holdings Group, Inc. (NASDAQ:HYFM), announced its second-quarter financial results Thursday with net sales of $133.8 million, missing Seeking Alpha's estimat...

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Hydrofarm Holdings Continues Buying Spree With $83M Purchase Of Greenstar Plant Products

Hydroponics equipment producer Hydrofarm Holdings Group (NASDAQ: HYFM) confirmed Tuesday it has acquired a Canadian nutrient business  Greenstar Plant Products, Inc.  for $83 million. What happened

1 month ago - Benzinga

Hydrofarm Acquires Nutrient Company Greenstar Plant Products For $83M

Hydrofarm Holdings Group Inc (NASDAQ: HYFM) closed on the acquisition of Canadian nutrient company Greenstar Plant Products, Inc., manufacturer of the Grotek and Gaia Green brands, for a purchase price ...

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Hydrofarm Acquires Canada's Greenstar Plant Products

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FAIRLESS HILLS, Pa., July 13, 2021 (GLOBE NEWSWIRE) -- Hydrofarm Holdings Group, Inc. (“Hydrofarm” or the “Company”) (Nasdaq: HYFM), a leading distributor and manufacturer of hydroponics equipment and s...

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Hydrofarm Completes Acquisition of Aurora Innovations and its Organic Nutrients and Grow Media Operations

FAIRLESS HILLS, Pa., July 01, 2021 (GLOBE NEWSWIRE) -- Hydrofarm Holdings Group, Inc. (“Hydrofarm”) (Nasdaq: HYFM), a leading distributor and manufacturer of hydroponics equipment and supplies, today an...

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Hydrofarm Announces Redemption of Investor Warrants

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