A share price of Hydrofarm Holdings Group Inc [HYFM] is currently trading at $0.82, up 1.85%. An important factor to consider is whether the stock is rising or falling in short-term value. The HYFM shares have gain 35.22% over the last week, with a monthly amount glided 22.13%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Hydrofarm Holdings Group Inc [NASDAQ: HYFM] stock has seen the most recent analyst activity on May 04, 2023, when Truist downgraded its rating to a Hold. Previously, JP Morgan downgraded its rating to Neutral on August 03, 2022. On May 11, 2022, downgrade downgraded it’s rating to Neutral and revised its price target to $8 on the stock. Stifel downgraded its rating to a Hold and decreased its price target to $8 on May 11, 2022. Wells Fargo initiated its recommendation with a Equal Weight and recommended $33 as its price target on December 07, 2021. UBS started tracking with a Buy rating for this stock on June 24, 2021, and assigned it a price target of $66. In a note dated January 04, 2021, Truist initiated an Buy rating and provided a target price of $65 on this stock.
Hydrofarm Holdings Group Inc experienced fluctuations in its stock price throughout the past year between $0.43 and $1.20. Currently, Wall Street analysts expect the stock to reach $1.5 within the next 12 months. Hydrofarm Holdings Group Inc [NASDAQ: HYFM] shares were valued at $0.82 at the most recent close of the market. An investor can expect a potential return of 82.93% based on the average HYFM price forecast.
Analyzing the HYFM fundamentals
Trailing Twelve Months sales for Hydrofarm Holdings Group Inc [NASDAQ:HYFM] were 200.16M which represents -18.75% decline. Gross Profit Margin for this corporation currently stands at 0.11% with Operating Profit Margin at -0.17%, Pretax Profit Margin comes in at -0.32%, and Net Profit Margin reading is -0.32%. To continue investigating profitability, this company’s Return on Assets is posted at -0.14, Equity is -0.24 and Total Capital is -0.08. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.48.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 0.7790 points at the first support level, and at 0.7329 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.8631, and for the 2nd resistance point, it is at 0.9011.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Hydrofarm Holdings Group Inc [NASDAQ:HYFM] is 3.24. On the other hand, the Quick Ratio is 1.41, and the Cash Ratio is 0.76. Considering the valuation of this stock, the price to sales ratio is 0.19.
Transactions by insiders
Recent insider trading involved Toler William Douglas, CEO and Chairman of the Board, that happened on Aug 28 ’24 when 100000.0 shares were purchased.
