HYFM Stock Earnings Hydrofarm Holdings Group Misses EPS, Beats Revenue for Q1 2024
HYFM Stock | USD 0.70 0.02 2.94% |
About 55% of Hydrofarm Holdings' investors are presently thinking to get in. The analysis of overall sentiment of trading Hydrofarm Holdings Group stock suggests that some investors are interested at this time. Hydrofarm Holdings' investing sentiment overview a quick insight into current market opportunities from investing in Hydrofarm Holdings Group. Many technical investors use Hydrofarm Holdings stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Hydrofarm |
HYFM stock results show that Hydrofarm Holdings Group missed analyst estimates for earnings per share but beat on revenue for the first quarter of 2024.
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Hydrofarm Holdings Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Hydrofarm Holdings can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Hydrofarm Holdings Fundamental Analysis
We analyze Hydrofarm Holdings' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Hydrofarm Holdings using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Hydrofarm Holdings based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Cash Per Share
Cash Per Share Comparative Analysis
Hydrofarm Holdings is currently under evaluation in cash per share category among its peers. Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
Hydrofarm Holdings Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Hydrofarm Holdings stock to make a market-neutral strategy. Peer analysis of Hydrofarm Holdings could also be used in its relative valuation, which is a method of valuing Hydrofarm Holdings by comparing valuation metrics with similar companies.
Peers
Hydrofarm Holdings Related Equities
AMMX | AmeraMex International | 10.53 | ||||
REVG | Rev | 3.65 | ||||
ARTW | Arts Way | 1.97 | ||||
HINOY | Hino Motors | 1.04 | ||||
TYIDY | Toyota Industries | 0.90 | ||||
GENC | Gencor Industries | 0.79 | ||||
DTRUY | Daimler Truck | 0.73 | ||||
VOLVF | Volvo AB | 0.38 | ||||
MNTX | Manitex International | 0.17 | ||||
ASTE | Astec Industries | 0.00 | ||||
HY | Hyster Yale | 0.00 | ||||
BIIAF | Buhler Industries | 0.00 | ||||
LNN | Lindsay | 0.07 | ||||
SHYF | Shyft | 1.01 | ||||
OSK | Oshkosh | 1.43 | ||||
TEX | Terex | 2.15 | ||||
CEAD | CEA Industries | 2.53 | ||||
TGHLF | Textainer Group | 2.53 | ||||
WNC | Wabash National | 4.42 |
Check out Hydrofarm Holdings Hype Analysis, Hydrofarm Holdings Correlation and Hydrofarm Holdings Performance. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hydrofarm Holdings. If investors know Hydrofarm will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hydrofarm Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 3.625 | Earnings Share (1.40) | Revenue Per Share 4.361 | Quarterly Revenue Growth (0.19) | Return On Assets (0.04) |
The market value of Hydrofarm Holdings is measured differently than its book value, which is the value of Hydrofarm that is recorded on the company's balance sheet. Investors also form their own opinion of Hydrofarm Holdings' value that differs from its market value or its book value, called intrinsic value, which is Hydrofarm Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hydrofarm Holdings' market value can be influenced by many factors that don't directly affect Hydrofarm Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hydrofarm Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Hydrofarm Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hydrofarm Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.