How to buy Hydrofarm (HYFM.US) stock | finder.com

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How to buy Hydrofarm Holdings Group stock

Own Hydrofarm Holdings Group stock in just a few minutes.

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. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Hydrofarm Holdings Group. Find the stock by name or ticker symbol: HYFM. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Hydrofarm Holdings Group reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. Weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Hydrofarm Holdings Group, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Hydrofarm Holdings Group. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Hydrofarm Holdings Group share price

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

Hydrofarm Holdings Group shares at a glance

Information last updated 2021-04-08.
52-week rangeUSD$41.59 - USD$95.48
50-day moving average USD$64.1391
200-day moving average USD$66.1455
Wall St. target priceUSD$80.67
PE ratio N/A
Dividend yield N/A (0%)
Earnings per share (TTM) N/A

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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.

Is Hydrofarm Holdings Group under- or over-valued?

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 EBITDA

Hydrofarm Holdings Group's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$11.1 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 USD$342.2 million
Operating margin TTM 1.25%
Gross profit TTM USD$63.6 million
Return on assets TTM 1.16%
Return on equity TTM -6.01%
Profit margin -2.13%
Book value N/A
Market capitalisation USD$2 billion

TTM: trailing 12 months

Shorting Hydrofarm Holdings Group shares

There are currently 438,861 Hydrofarm Holdings Group shares held short by investors – that's known as Hydrofarm Holdings Group's "short interest". This figure is 5.8% up from 414,857 last month.

There are a few different ways that this level of interest in shorting Hydrofarm Holdings Group shares can be evaluated.

Hydrofarm Holdings Group's "short interest ratio" (SIR)

Hydrofarm Holdings Group's "short interest ratio" (SIR) is the quantity of Hydrofarm Holdings Group shares currently shorted divided by the average quantity of Hydrofarm Holdings Group shares traded daily (recently around 434515.84158416). Hydrofarm Holdings Group's SIR currently stands at 1.01. In other words for every 100,000 Hydrofarm Holdings Group shares traded daily on the market, roughly 1010 shares are currently held short.

To gain some more context, you can compare Hydrofarm Holdings Group's short interest ratio against those of similar companies.

However Hydrofarm Holdings Group's short interest can also be evaluated against the total number of Hydrofarm Holdings Group shares, or, against the total number of tradable Hydrofarm Holdings Group shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Hydrofarm Holdings Group's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 Hydrofarm Holdings Group shares in existence, roughly 10 shares are currently held short) or 0.013% of the tradable shares (for every 100,000 tradable Hydrofarm Holdings Group shares, roughly 13 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Hydrofarm Holdings Group.

Find out more about how you can short Hydrofarm Holdings Group stock.

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.

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