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
- Compare share trading platforms.Use our comparison table to help you find a platform that fits you.
- Open your brokerage account. Complete an application with your details.
- Confirm your payment details. Fund your account.
- 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.
- 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.
- 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
|Latest market close||$45.59|
|52-week range||$40.38 - $95.48|
|50-day moving average||$48.53|
|200-day moving average||$55.48|
|Wall St. target price||$69.50|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||$-0.03|
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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
|1 week (2021-09-10)||-13.67%|
|1 month (2021-08-18)||5.36%|
|3 months (2021-06-18)||-19.31%|
|6 months (2021-03-19)||-27.98%|
|1 year (2020-09-15)||N/A|
|2 years (2019-09-15)||N/A|
|3 years (2018-09-15)||N/A|
|5 years (2016-09-15)||N/A|
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 $25.3 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||$429.3 million|
|Operating margin TTM||4.28%|
|Gross profit TTM||$63.6 million|
|Return on assets TTM||1.16%|
|Return on equity TTM||-6.01%|
|Market capitalisation||$2 billion|
TTM: trailing 12 months
Shorting Hydrofarm Holdings Group shares
There are currently 2.0 million Hydrofarm Holdings Group shares held short by investors – that's known as Hydrofarm Holdings Group's "short interest". This figure is 46.5% up from 1.3 million 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 612985.04672897). Hydrofarm Holdings Group's SIR currently stands at 3.21. In other words for every 100,000 Hydrofarm Holdings Group shares traded daily on the market, roughly 3210 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 0.04% of the outstanding shares (for every 100,000 Hydrofarm Holdings Group shares in existence, roughly 40 shares are currently held short) or 0.069% of the tradable shares (for every 100,000 tradable Hydrofarm Holdings Group shares, roughly 69 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:
- AbbVie (ABBV.US) (4.7% forward annual dividend yield)
- Altria Group (MO.US) (7.05% forward annual dividend yield)
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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We Might See A Profit From Hydrofarm Holdings Group, Inc. (NASDAQ:HYFM) Soon
Frequently asked questionsWhat percentage of Hydrofarm Holdings Group is owned by insiders or institutions?
Currently 16.421% of Hydrofarm Holdings Group shares are held by insiders and 48.305% 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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