This company combines impressive quality with a generous valuation: Hydrofarm Holdings Group Inc. (HYFM)

As of close of business last night, Hydrofarm Holdings Group Inc.’s stock clocked out at $2.53, down -3.44% from its previous closing price of $2.62. In other words, the price has decreased by -$0.0900 from its previous closing price. On the day, 610038 shares were traded. HYFM stock price reached its highest trading level at $2.6900 during the session, while it also had its lowest trading level at $2.4731.

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Ratios:

To gain a deeper understanding of HYFM’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.00 and its Current Ratio is at 3.80. In the meantime, Its Debt-to-Equity ratio is 0.32 whereas as Long-Term Debt/Eq ratio is at 0.31.

Upgrades & Downgrades

On May 11, 2022, UBS Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $26 to $8.

Stifel Downgraded its Buy to Hold on May 11, 2022, whereas the target price for the stock was revised from $13 to $8.

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Aug 12 when Toler William Douglas bought 25,000 shares for $3.73 per share. The transaction valued at 93,142 led to the insider holds 1,607,395 shares of the business.

Fitch Terence sold 3,500 shares of HYFM for $51,240 on Mar 16. The President now owns 274,225 shares after completing the transaction at $14.64 per share. On Mar 15, another insider, Fitch Terence, who serves as the President of the company, sold 13,100 shares for $13.38 each. As a result, the insider received 175,278 and left with 277,725 shares of the company.

Valuation Measures:

For the stock, the TTM Price-to-Sale (P/S) ratio is 0.30 while its Price-to-Book (P/B) ratio in mrq is 0.30.

Stock Price History:

Over the past 52 weeks, HYFM has reached a high of $41.49, while it has fallen to a 52-week low of $1.88. The 50-Day Moving Average of the stock is 2.4206, while the 200-Day Moving Average is calculated to be 7.2867.

Shares Statistics:

It appears that HYFM traded 927.94K shares on average per day over the past three months and 1.35M shares per day over the past ten days. A total of 45.09M shares are outstanding, with a floating share count of 39.67M. Insiders hold about 5.60% of the company’s shares, while institutions hold 49.40% stake in the company. Shares short for HYFM as of Oct 13, 2022 were 3.18M with a Short Ratio of 2.98M, compared to 3.17M on Sep 14, 2022. Therefore, it implies a Short% of Shares Outstanding of 7.05% and a Short% of Float of 7.30%.

Earnings Estimates

As of right now, 6 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of -$0.32 for the current quarter, with a high estimate of -$0.19 and a low estimate of -$0.47, while EPS last year was $0.17. The consensus estimate for the next quarter is -$0.37, with high estimates of -$0.25 and low estimates of -$0.53.

Analysts are recommending an EPS of between -$0.65 and -$1.33 for the fiscal current year, implying an average EPS of -$1.13. EPS for the following year is -$0.55, with 6 analysts recommending between -$0.24 and -$0.83.

Revenue Estimates

In the current quarter, 6 analysts expect revenue to total $67.21M. It ranges from a high estimate of $72.09M to a low estimate of $62M. As of the current estimate, Hydrofarm Holdings Group Inc.’s year-ago sales were $122.86M, an estimated decrease of -45.30% from the year-ago figure. For the next quarter, 6 analysts are estimating revenue of $61.36M, a decrease of -44.40% over than the figure of -$45.30% in the same quarter last year. There is a high estimate of $65M for the next quarter, whereas the lowest estimate is $54.58M.

A total of 6 analysts have provided revenue estimates for HYFM’s current fiscal year. The highest revenue estimate was $345.04M, while the lowest revenue estimate was $331.11M, resulting in an average revenue estimate of $337.48M. In the same quarter a year ago, actual revenue was $479.42M, down -29.60% from the average estimate. Based on 6 analysts’ estimates, the company’s revenue will be $350.1M in the next fiscal year. The high estimate is $394M and the low estimate is $308.59M. The average revenue growth estimate for next year is up 3.70% from the average revenue estimate for this year.