Hydrofarm Holdings Group, Inc. (NASDAQ:HYFM – Get Rating)’s stock price reached a new 52-week low during trading on Monday . The company traded as low as $12.71 and last traded at $12.85, with a volume of 14864 shares trading hands. The stock had previously closed at $13.13. HYFM has been the topic of a number […]
Hydrofarm Holdings Group (NASDAQ:HYFM – Get Rating) had its price target cut by JPMorgan Chase & Co. from $27.00 to $22.00 in a report published on Wednesday, Benzinga reports. They currently have an overweight rating on the stock. A number of other equities analysts have also recently commented on the company. Truist Financial lowered their […]
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Hydrofarm Holdings Group Inc (NASDAQ:HYFM) and GrowGeneration Corp (NASDAQ:GRWG) are excellent U.S. cannabis stocks that are, according to Wall Street analysts, trading at a steep discount. The companies, which have a strong foothold in the North American hydroponics industry, have been reporting record results.
Looking at the stock we see that its previous close was $65.55 and the beta (5Y monthly) reads 0 with the day’s price range being $63.31 – 68.49. The company has a trailing 12-month PE ratio of 0. In terms of its 52-week price range, HYFM has a high of $95.48 and a low of $41.59. The company’s stock has gained about 8.92% over that past 30 days.
Hydrofarm Holdings Group, Inc. has a market cap of $2.23 Billion and is expected to release its quarterly earnings report in June. With its Forward Dividend at 0 and a yield of 0%, the company’s investors could be worried for the HYFM stock to lose ahead of the earnings release. Estimates by analysts give the company expected earnings per share (EPS) of $0.07, with the EPS growth for the year raised at $0.45 for 2021 and $0.73 for next year. These figures represent -1.98% and 0.62% growth in EPS for the two years respectively.