How to Buy Hydrofarm Holdings Group Stock

Hydrofarm Holdings Group Inc

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.

Hydrofarm Holdings Group stock last closed at $6.19, down 3.28% from the previous day, and has decreased 31.22% in one year. It has underperformed other stocks in the Farm & Heavy Construction Machinery industry by 0.31 percentage points. Hydrofarm Holdings Group stock is currently +43.89% from its 52-week low of $4.30, and -48.42% from its 52-week high of $12.00.

There are currently 4.61M shares of HYFM outstanding. The market value of HYFM is $28.56M. In the last 24 hours, 57,493 HYFM shares were traded.

How to Buy Hydrofarm Holdings Group Stock

Wondering how to invest in Hydrofarm Holdings Group stock? Here's how.

  1. Decide where to buy Hydrofarm Holdings Group stock: You need to choose an online brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you choose where to buy Hydrofarm Holdings Group stock.
  2. Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
  3. Fund your brokerage account: Pick your payment method and add your details.
  4. Evaluate Hydrofarm Holdings Group stock: The Hydrofarm Holdings Group ticker symbol is HYFM. Is Hydrofarm Holdings Group stock a good investment? Should you buy shares of HYFM? How do HYFM's underlying business fundamentals look? Do top analysts think Hydrofarm Holdings Group is a good buy? Why has HYFM's stock price moved recently? (Hint: Our stock analysis website can help you decide if HYFM is a good stock to buy).
  5. Place your HYFM buy order: Decide if you will purchase HYFM shares at the current market price or use a limit order to purchase HYFM shares at a particular price.
  6. Track your investment in HYFM: Create a watchlist to get live updates on your investment in Hydrofarm Holdings Group stock.

Step 1: Decide where to buy Hydrofarm Holdings Group stock

You will need an online brokerage account in order to access the NASDAQ market and buy HYFM stock.

A brokerage account enables you to buy and sell a number of investments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Sign up for your brokerage account

Now that you've picked your brokerage, the next step is to fill out some personal info so you are able to invest in HYFM stock today.

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Step 3: Fund your brokerage account

Now that you have opened your account on one of the most highly reviewed stock trading apps, you can securely and quickly fund your account:

Watch the video below to see the process of transferring money into your new investment account.

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Step 4: Evaluate Hydrofarm Holdings Group stock

Once you have decided on the best place to buy Hydrofarm Holdings Group stock, it's important to evaluate their stock before you buy, so you actually understand the risk as well as the upside.

Hydrofarm Holdings Group shares at a glance

HYFM Price
$6.19
1w %
-0.77%
1y %
-31.22%
5y %
N/A
P/E
-0.44x
P/B
0.12x
P/S
0.14x
PEG
N/A
Revenue
$200.16M
Earnings
-$64.42M
Fore. Rev. Growth
-4.58%
Fore. Earn. Growth
N/A
Market Cap
$28.56M
Next Earnings
Feb 26, 2025
Next Dividend
N/A

HYFM Overview

WallStreetZen was built to help everyday investors perform more accurate fundamental analysis.

You can see all of the due diligence checks on HYFM's stock page.

What is the fair value of HYFM stock?

Analysts use many financial metrics, analyses, models, and charts to gauge HYFM's fair value.

Using relative valuations ratios:

  • HYFM may be undervalued based on its P/B ratio of 0.12x, relative to Farm & Heavy Construction Machinery industry P/B ratio of 4.7x

You can access additional valuation research on HYFM's stock here.

HYFM Financial Overview

Pros:

  • HYFM has cash burn of 3646000. It has sufficient cash and short-term investments to cover this for at least one year.
  • There are more short-term assets than short-term liabilities on the HYFM balance sheet.
  • HYFM has $24.40M in cash and short term investments. This is sufficient to cover its annual cash burn of $3.65M.

Cons:

  • HYFM profit margin has gone up by 0.03 percentage points in the past year, but the company is still unprofitable.
  • HYFM has a relatively high debt to equity ratio of 0.84.
  • There are more long-term liabilities than short-term assets on the HYFM balance sheet.

You can dive deeper into what analysts are forecasting on the Hydrofarm Holdings Group stock forecast page.

Metrics for Advanced HYFM Traders

SMA10
6.16
SMA20
6.19
SMA50
6.33
SMA100
6.44
SMA200
6.72
MACD
-0.07
MACD Signal
-0.05
MACD Histogram
-0.02
RSI
49.92
Stochastic %K
56.28
Stochastic %D
50.04
StochRSI %K
57.73
StochRSI %D
29.79

HYFM Performance Metrics

Last year, HYFM revenue was $200.16M. Over the past four year, HYFM's revenue has gone up by -10.25% per year. This was slower than the Farm & Heavy Construction Machinery industry average of 4.47%.

Dive into HYFM's earnings and revenue performance here.

Who is buying/selling HYFM?

In the last 12 months, executives and large shareholders at HYFM have sold more shares than they have bought.

Mark S. Parker, Executive Vice President of HYFM, was the latest HYFM insider to sell. They sold $93.43 worth of HYFM stock on Nov 1, 2024.

Learn more about who owns HYFM shares here.

Can I get consistent income from HYFM stock?

No, Hydrofarm Holdings Group doesn't provide an income stream by paying out dividends.

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Step 5: Place your HYFM buy order

There are two main types of orders:

  • Market order: A market order is an order to buy or sell a stock at the best price on the market.
    Market orders are usually fine for most investors.
  • Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
    If you want to be sure you're buying or selling at a specific dollar amount, place a limit order.

Hit the Open Trade button and eToro will execute the order.

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Step 6: Track your investment in HYFM

Now that you own some shares in HYFM, you'll want to stay up-to-date on your new company.

Start a watchlist to get notified of the latest news about your HYFM stock.

HYFM Feed

How to Buy Stock in Hydrofarm Holdings Group

To summarize, here are the 6 steps to buy stock in Hydrofarm Holdings Group:

  1. Decide where to buy Hydrofarm Holdings Group stock
  2. Sign up for your brokerage account
  3. Fund your brokerage account
  4. Evaluate Hydrofarm Holdings Group stock
  5. Place your HYFM buy order
  6. Track your investment in HYFM

If you require a brokerage account, eToro is our recommended venue.

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If you want to watch your new investment in Hydrofarm Holdings Group, add HYFM to your watchlist by clicking the button below.

NASDAQ: HYFM
$6.19-0.21 (-3.28%)
Updated Feb 14, 2025
Open eToro Account
Your capital is at risk.
NASDAQ: HYFM
$6.19-0.21 (-3.28%)
Updated Feb 14, 2025
Open eToro Account
Your capital is at risk.

FAQ

How much does it cost to buy one Hydrofarm Holdings Group share?

As of Feb 14, 2025, it costs $6.19 to buy one share of Hydrofarm Holdings Group stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $3, you can buy 0.485 shares of HYFM.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy Hydrofarm Holdings Group stock?

One way to place an order for Hydrofarm Holdings Group stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.