Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.
How to buy Hydrofarm Holdings Group (HYFM) stocks in Canada
Learn how to easily invest in Hydrofarm Holdings Group stocks.
Hydrofarm Holdings Group is a farm & heavy construction machinery business based in the US. Hydrofarm Holdings Group stocks (HYFM.US) are listed on the NASDAQ and all prices are listed in US Dollars. Its last market close was $55.51 – a decrease of 10.86% over the previous week. Hydrofarm Holdings Group employs 327 staff and has a trailing 12-month revenue of around $456.5 million.
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.
What's in this guide?
- Can I buy shares in Hydrofarm Holdings Group?
- Hydrofarm Holdings Group shares summary
- Compare share dealing platforms
- Is Hydrofarm Holdings Group stock a buy or sell?
- Hydrofarm Holdings Group performance over time
- Are Hydrofarm Holdings Group shares over-valued?
- Hydrofarm Holdings Group's financials
- Does Hydrofarm Holdings Group pay a dividend?
- Other common questions
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||$20.43|
|52-week range||$22.00 - $95.48|
|50-day moving average||$31.02|
|200-day moving average||$45.84|
|Wall St. target price||$41.50|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||$0.39|
Compare online stock trading platforms
Note: The dollar amounts in the table below are in Canadian dollars.
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.
Hydrofarm Holdings Group price performance over time
|1 week (2022-01-14)||-10.86%|
|1 month (2021-12-21)||-25.14%|
|3 months (2021-10-21)||-43.47%|
|6 months (2021-07-21)||-59.33%|
|1 year (2021-01-21)||-71.64%|
|2 years (2020-01-17)||N/A|
|3 years (2019-01-17)||N/A|
|5 years (2017-01-17)||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 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 59x. In other words, Hydrofarm Holdings Group shares trade at around 59x 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.
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.
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%|
|Market capitalisation||$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.
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.
Stocks similar to Hydrofarm Holdings Group
Hydrofarm Holdings Group in the news
Netflix quietly admits streaming competition is eating into growth
Microsoft's $68.7 billion deal for Activision once again shows big tech's dominance over legacy media
Hydrofarm Holdings Group, Inc. (NASDAQ:HYFM) Stock's Been Sliding But Fundamentals Look Decent: Will The Market Correct The Share Price In The Future?
Frequently asked questions
More guides on Finder
How to buy Aritzia stock in Canada
Steps to owning and managing Aritzia (ATZ) stock, with 24-hour and historical pricing before you buy.
CI Direct Trading review
Get low fees and access many different types of accounts, platforms and investments with this reputable online broker.
Kusama (KSM) price prediction
Read our expert analysis on Kusama and how the token will perform in the future.
How to buy The Sandbox (SAND) in Canada
This guide provides step-by-step instructions on how to buy The Sandbox, lists some exchanges where you can get it and provides daily price data on SAND.
COVID testing stocks
We’ve rounded up stats on some of the most popular COVID testing stocks, along with information on how they compare and how to invest.
Shiba Inu (SHIB) price, history and performance
This guide explores the different ways of buying Shiba Inu on a cryptocurrency exchange as well as where you should store your cryptocurrency.
Baby Doge Coin (BABYDOGE) price, chart, coin profile and news
This guide provides step-by-step instructions on how to buy Baby Doge Coin, lists some exchanges where you can get it and provides daily price data on BABYDOGE.
Pendle (PENDLE) price, chart, coin profile and news
This guide provides step-by-step instructions on how to buy Pendle, lists some exchanges where you can get it and provides daily price data on PENDLE.
Hempcoin (THC) price, chart, coin profile and news
This guide provides step-by-step instructions on how to buy Hempcoin, lists some exchanges where you can get it and provides daily price data on THC.
The ChampCoin (TCC) price, chart, coin profile and news
This guide provides step-by-step instructions on how to buy The ChampCoin, lists some exchanges where you can get it and provides daily price data on TCC.