Bearish: Analysts Just Cut Their Hydrofarm Holdings Group, Inc. (NASDAQ:HYFM) Revenue and EPS estimates [Yahoo! Finance]
Hydrofarm Holdings Group, Inc. (HYFM)
Company Research
Source: Yahoo! Finance
revision to their near-term (statutory) forecasts for the organization. Both revenue and earnings per share (EPS) estimates were cut sharply as the analysts factored in the latest outlook for the business, concluding that they were too optimistic previously. Following the latest downgrade, the three analysts covering Hydrofarm Holdings Group provided consensus estimates of US$193m revenue in 2024, which would reflect an uncomfortable 15% decline on its sales over the past 12 months. The loss per share is anticipated to greatly reduce in the near future, narrowing 56% to US$0.62. Yet before this consensus update, the analysts had been forecasting revenues of US$224m and losses of US$0.55 per share in 2024. So there's been quite a change-up of views after the recent consensus updates, with the analysts making a serious cut to their revenue forecasts while also expecting losses per share to increase. Check out our latest analysis for Hydrofarm Holdings Group Another way we can view
Show less
Read more
Impact Snapshot
Event Time:
HYFM
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
HYFM alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
HYFM alerts
High impacting Hydrofarm Holdings Group, Inc. news events
Weekly update
A roundup of the hottest topics
HYFM
News
- Hydrofarm Holdings Group, Inc. to Announce First Quarter 2024 Results on May 14, 2024GlobeNewswire
- Hydroponics Industry Report Reveals Market Set to Double by 2029 with a Focus on Innovative Growth Systems and Nutrients [Yahoo! Finance]Yahoo! Finance
- Is Balchem (BCPC) Stock Outpacing Its Basic Materials Peers This Year? [Yahoo! Finance]Yahoo! Finance
- Despite Fast-paced Momentum, Hydrofarm (HYFM) Is Still a Bargain Stock [Yahoo! Finance]Yahoo! Finance
- Indoor Farming Technology Market Projected to Reach $39.24 billion by 2030 - Exclusive Report by 360iResearch [Yahoo! Finance]Yahoo! Finance
HYFM
Earnings
- 2/29/24 - Miss
HYFM
Sec Filings
- 5/2/24 - Form 4
- 4/17/24 - Form ARS
- 4/17/24 - Form DEFA14A
- HYFM's page on the SEC website