Hydrofarm HoldingsHYFM
Market Cap: $28M
About: Hydrofarm Holdings Group Inc is a distributor and manufacturer of agriculture equipment and supplies. Some of its products includes lighting solutions, growing media (i.e., premium soils and soil alternatives), nutrients, equipment, and supplies sold under proprietary, exclusive/preferred brands, or non-exclusive/distributed brands. The business is organized into two operating segments, the U.S. and Canada.
Employees: 369
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
300% more call options, than puts
Call options by funds: $12K | Put options by funds: $3K
2.33% less ownership
Funds ownership: 20.58% [Q1] → 18.25% (-2.33%) [Q2]
3% less funds holding
Funds holding: 58 [Q1] → 56 (-2) [Q2]
18% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 11
31% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 16
43% less capital invested
Capital invested by funds: $10.2M [Q1] → $5.79M (-$4.44M) [Q2]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
UBS Peter Grom 50% 1-year accuracy 7 / 14 met price target | 7%upside $0.65 | Neutral Maintained | 14 Aug 2024 |
Stifel W. Andrew Carter 75% 1-year accuracy 6 / 8 met price target | 23%upside $0.75 | Hold Maintained | 29 Jul 2024 |