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How to buy Hydrofarm Holdings Group stock

Learn how to easily invest in Hydrofarm Holdings Group stock.

California-based hydroponics company Hydrofarm (HYFM) went public on the Nasdaq today, December 10. Trading started at $46 per share, well above the offering price of $20 per share. Here’s how investors can buy in.

How to buy shares in Hydrofarm Holdings Group

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – HYFM – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

Hydrofarm Holdings Group stock price (NASDAQ: HYFM)

Use our graph to track the performance of HYFM stocks over time.

Hydrofarm Holdings Group shares at a glance

Information last updated 2022-01-10.
Latest market close$22.92
52-week range$22.00 - $95.48
50-day moving average $32.07
200-day moving average $46.64
Wall St. target price$44.50
PE ratio 61.9744
Dividend yield N/A (0%)
Earnings per share (TTM) $0.39

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Hydrofarm Holdings Group stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Hydrofarm Holdings Group price performance over time

Historical closes compared with the close of $22.92 from 2022-01-14

1 week (2022-01-10) -5.17%
1 month (2021-12-17) -14.95%
3 months (2021-10-15) -35.67%
6 months (2021-07-16) -52.36%
1 year (2021-01-15) -67.36%
2 years (2020-01-13) N/A
3 years (2019-01-13) N/A
5 years (2017-01-13) N/A

Is Hydrofarm Holdings Group stock undervalued or overvalued?

Valuing Hydrofarm Holdings Group stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Hydrofarm Holdings Group's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Hydrofarm Holdings Group's P/E ratio

Hydrofarm Holdings Group's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 62x. In other words, Hydrofarm Holdings Group shares trade at around 62x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

However, Hydrofarm Holdings Group's P/E ratio is best considered in relation to those of others within the farm & heavy construction machinery industry or those of similar companies.

Hydrofarm Holdings Group's EBITDA

Hydrofarm Holdings Group's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $33.3 million.

The EBITDA is a measure of a Hydrofarm Holdings Group's overall financial performance and is widely used to measure a its profitability.

To put Hydrofarm Holdings Group's EBITDA into context you can compare it against that of similar companies.

Hydrofarm Holdings Group financials

Revenue TTM $456.5 million
Operating margin TTM 5.06%
Gross profit TTM $63.6 million
Return on assets TTM 2.88%
Return on equity TTM 4.48%
Profit margin 3.3%
Book value $14.40
Market capitalisation $1.1 billion

TTM: trailing 12 months

Hydrofarm Holdings Group share dividends

We're not expecting Hydrofarm Holdings Group to pay a dividend over the next 12 months.

You may also wish to consider:

Hydrofarm Holdings Group overview

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, ventilation, and air conditioning systems; humidity and carbon dioxide monitors and controllers; water pumps, heaters, chillers, and filters; nutrient and fertilizer delivery systems; and various growing media made from soil, rock wool or coconut fiber. It also provides hydroponics systems, such as hydro systems, hydro trays and components, meters and solutions, pumps and irrigation systems, water filtration systems, pots and containers, and tents and tarps; atmospheric control equipment comprising controllers, monitors and timers, ventilation/air conditioning equipment, air purification equipment, and CO2 equipment; and nutrients and additives. The company offers its products under the PHOTOBIO, Phantom, Quantum, Digilux, Jump Start, Active Aqua, Active Air, Autopilot, Xtrasun, Active Eye, Agrobrite, GROW!T, Phat, and oxyClone brands. Hydrofarm Holdings Group, Inc. was founded in 1977 and is based in Fairless Hills, Pennsylvania.

Frequently asked questions

What percentage of Hydrofarm Holdings Group is owned by insiders or institutions?
Currently 15.994% of Hydrofarm Holdings Group shares are held by insiders and 59.44% by institutions.
How many people work for Hydrofarm Holdings Group?
Latest data suggests 327 work at Hydrofarm Holdings Group.
When does the fiscal year end for Hydrofarm Holdings Group?
Hydrofarm Holdings Group's fiscal year ends in December.
Where is Hydrofarm Holdings Group based?
Hydrofarm Holdings Group's address is: 290 Canal Road, Fairless Hills, PA, United States, 19030
What is Hydrofarm Holdings Group's ISIN number?
Hydrofarm Holdings Group's international securities identification number is: US44888K2096

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