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 Inc
- 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 Inc stock price (NASDAQ: HYFM)Use our graph to track the performance of HYFM stocks over time.
Hydrofarm Holdings Group Inc shares at a glance
|Latest market close||$1.99|
|52-week range||$2.15 - $45.01|
|50-day moving average||$3.29|
|200-day moving average||$11.62|
|Wall St. target price||$5.06|
|Dividend yield||$0 (0%)|
|Earnings per share (TTM)||$-0.35|
Buy Hydrofarm Holdings Group Inc shares from these brokeragesCompare special offers, low fees and a wide range of types of investments among top trading platforms.
*Signup bonus information updated weekly.
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 Inc 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 Inc price performance over time
|1 week (2022-09-23)||-9.13%|
|1 month (2022-09-01)||-36.01%|
|3 months (2022-07-01)||-42.82%|
|6 months (2022-04-01)||-86.87%|
|1 year (2021-10-01)||-94.74%|
|2 years (2020-09-27)||N/A|
|3 years (2019-09-27)||N/A|
|5 years (2017-09-27)||N/A|
Is Hydrofarm Holdings Group Inc stock undervalued or overvalued?
Valuing Hydrofarm Holdings Group Inc stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Hydrofarm Holdings Group Inc's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Hydrofarm Holdings Group Inc's EBITDA
Hydrofarm Holdings Group Inc's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $3.6 million.
The EBITDA is a measure of a Hydrofarm Holdings Group Inc's overall financial performance and is widely used to measure a its profitability.
To put Hydrofarm Holdings Group Inc's EBITDA into context you can compare it against that of similar companies.
Hydrofarm Holdings Group Inc financials
|Revenue TTM||$443.1 million|
|Gross profit TTM||$101.5 million|
|Return on assets TTM||-3.1%|
|Return on equity TTM||-45.38%|
|Market capitalisation||$98.8 million|
TTM: trailing 12 months
Hydrofarm Holdings Group Inc share dividends
We're not expecting Hydrofarm Holdings Group Inc to pay a dividend over the next 12 months.
You may also wish to consider:
- AbbVie (ABBV.US) (3.94% forward annual dividend yield)
- Altria Group (MO.US) (9.02% forward annual dividend yield)
Hydrofarm Holdings Group Inc 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 Phantom, PhotoBio, Active Aqua, Active Air, HEAVY 16, House & Garden, Mad Farmer, Roots Organics, Soul, Procision, Grotek, Gaia Green, Innovative Growers Equipment, Quantum, Xtrasun, Digilux, Agrobrite, SunBlaster, Jump Start, Active Eye, Autopilot, Phat, oxyClone, and GROW!T brands. Hydrofarm Holdings Group, Inc. was founded in 1977 and is based in Shoemakersville, Pennsylvania.
Hydrofarm Holdings Group Inc in the news
Hydrofarm Holdings Group, Inc. (NASDAQ:HYFM) is a favorite amongst institutional investors who own 57%
3 Vertical Farming Stocks to Buy for Big Growth
Frequently asked questionsWhat percentage of Hydrofarm Holdings Group Inc is owned by insiders or institutions?
Currently 16.061% of Hydrofarm Holdings Group Inc shares are held by insiders and 55.561% by institutions. How many people work for Hydrofarm Holdings Group Inc?
Latest data suggests 709 work at Hydrofarm Holdings Group Inc. When does the fiscal year end for Hydrofarm Holdings Group Inc?
Hydrofarm Holdings Group Inc's fiscal year ends in December. Where is Hydrofarm Holdings Group Inc based?
Hydrofarm Holdings Group Inc's address is: 1510 Main Street, Shoemakersville, PA, United States, 19526 What is Hydrofarm Holdings Group Inc's ISIN number?
Hydrofarm Holdings Group Inc's international securities identification number is: US44888K2096
More guides on Finder
How to buy YanGuFang International Group (YGF) stock when it goes public
Everything we know about the YanGuFang International Group IPO, plus information on how to buy in.
What are the FAANG stocks and how do you invest in them?
Looking to invest in tech? Here’s how to buy shares in the major tech companies, known as FAANG stocks.
How to buy soccer stocks
A simple guide to buying stocks in your favorite European soccer team.
How to buy Juventus stock
Steps to owning and managing JUVE, with 24-hour and historical pricing before you buy.
How to buy AS Roma stock
Steps to owning and managing ASR, with 24-hour and historical pricing before you buy.
How to buy Borussia Dortmund stock
Steps to owning and managing BVB, with 24-hour and historical pricing before you buy.
How to buy Lead Real Estate Co. (LRE) stock when it goes public
Everything we know about the Lead Real Estate Co. IPO, plus information on how to buy in.
How to buy Third Harmonic Bio (THRD) stock
Everything we know about the Third Harmonic Bio IPO, plus information on how to buy in.
How to buy LINKBANCORP (LNKB) stock
Everything we know about the LINKBANCORP IPO, plus information on how to buy in.
Here are the stocks that benefit from inflation, as well as industries to keep an eye on to reduce the impacts of inflation on your portfolio.
Ask an Expert