Wells Fargo initiated coverage on Hydrofarm Holdings with a new price target
$HYFM
Consumer Specialties
Consumer Discretionary
Wells Fargo initiated coverage of Hydrofarm Holdings with a rating of Equal Weight and set a new price target of $33.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/4/2023 | Buy → Hold | Truist | |
| 8/3/2022 | Overweight → Neutral | JP Morgan | |
| 5/11/2022 | $13.00 → $8.00 | Buy → Hold | Stifel |
| 5/11/2022 | $26.00 → $8.00 | Buy → Neutral | UBS |
| 3/2/2022 | $27.00 → $22.00 | Overweight | JP Morgan |
| 3/2/2022 | $56.00 → $36.00 | Buy | Deutsche Bank |
| 3/2/2022 | $22.00 → $18.00 | Equal-Weight | Wells Fargo |
| 3/1/2022 | $27.00 → $22.00 | Equal-Weight | Wells Fargo |
4 - HYDROFARM HOLDINGS GROUP, INC. (0001695295) (Issuer)
4 - HYDROFARM HOLDINGS GROUP, INC. (0001695295) (Issuer)
3 - HYDROFARM HOLDINGS GROUP, INC. (0001695295) (Issuer)
10-Q - HYDROFARM HOLDINGS GROUP, INC. (0001695295) (Filer)
8-K - HYDROFARM HOLDINGS GROUP, INC. (0001695295) (Filer)
8-K - HYDROFARM HOLDINGS GROUP, INC. (0001695295) (Filer)
SHOEMAKERSVILLE, Pa., Nov. 07, 2024 (GLOBE NEWSWIRE) -- Hydrofarm Holdings Group, Inc. ("Hydrofarm" or the "Company") (NASDAQ:HYFM), a leading independent manufacturer and distributor of branded hydroponics equipment and supplies for controlled environment agriculture, today announced financial results for its third quarter ended September 30, 2024. Third Quarter 2024 Highlights vs. Prior Year Period: Net sales decreased to $44.0 million compared to $54.2 million.Gross Profit Margin increased to 19.4% of net sales compared to 6.1%.Adjusted Gross Profit Margin(1) increased to 24.3% of net sales compared to 23.0%.SG&A expense and Adjusted SG&A(1) expens
SHOEMAKERSVILLE, Pa., Oct. 24, 2024 (GLOBE NEWSWIRE) -- Hydrofarm Holdings Group, Inc. ("Hydrofarm" or the "Company") (NASDAQ:HYFM), a leading independent manufacturer and distributor of branded hydroponics equipment and supplies for controlled environment agriculture ("CEA"), today announced that it will host a conference call to review third quarter 2024 results on Thursday, November 7, 2024 at 8:30 AM ET. A press release containing third quarter 2024 results will be issued before market open that same day. The conference call can be accessed live over the phone by dialing 1-800-343-5172 and entering the conference ID: HYFMQ3. The conference call will also be webcast live and archiv
Restructuring and Cost Savings Initiatives Continue to Yield Substantial Expense Reductions Reaffirms 2024 Outlook on Key Metrics SHOEMAKERSVILLE, Pa., Aug. 08, 2024 (GLOBE NEWSWIRE) -- Hydrofarm Holdings Group, Inc. ("Hydrofarm" or the "Company") (NASDAQ:HYFM), a leading independent manufacturer and distributor of branded hydroponics equipment and supplies for controlled environment agriculture, today announced financial results for its second quarter ended June 30, 2024. Second Quarter 2024 Highlights vs. Prior Year Period: Net sales decreased to $54.8 million compared to $63.1 million.Gross Profit Margin decreased to 19.8% of net sales compared to 23.0%.Adjusted Gross Profit Margin
SC 13G - HYDROFARM HOLDINGS GROUP, INC. (0001695295) (Subject)
SC 13G/A - HYDROFARM HOLDINGS GROUP, INC. (0001695295) (Subject)
SC 13G - HYDROFARM HOLDINGS GROUP, INC. (0001695295) (Subject)
Truist downgraded Hydrofarm Holdings from Buy to Hold
JP Morgan downgraded Hydrofarm Holdings from Overweight to Neutral
Stifel downgraded Hydrofarm Holdings from Buy to Hold and set a new price target of $8.00 from $13.00 previously
4 - HYDROFARM HOLDINGS GROUP, INC. (0001695295) (Issuer)
SHOEMAKERSVILLE, Pa., Nov. 07, 2024 (GLOBE NEWSWIRE) -- Hydrofarm Holdings Group, Inc. ("Hydrofarm" or the "Company") (NASDAQ:HYFM), a leading independent manufacturer and distributor of branded hydroponics equipment and supplies for controlled environment agriculture, today announced financial results for its third quarter ended September 30, 2024. Third Quarter 2024 Highlights vs. Prior Year Period: Net sales decreased to $44.0 million compared to $54.2 million.Gross Profit Margin increased to 19.4% of net sales compared to 6.1%.Adjusted Gross Profit Margin(1) increased to 24.3% of net sales compared to 23.0%.SG&A expense and Adjusted SG&A(1) expens
SHOEMAKERSVILLE, Pa., Oct. 24, 2024 (GLOBE NEWSWIRE) -- Hydrofarm Holdings Group, Inc. ("Hydrofarm" or the "Company") (NASDAQ:HYFM), a leading independent manufacturer and distributor of branded hydroponics equipment and supplies for controlled environment agriculture ("CEA"), today announced that it will host a conference call to review third quarter 2024 results on Thursday, November 7, 2024 at 8:30 AM ET. A press release containing third quarter 2024 results will be issued before market open that same day. The conference call can be accessed live over the phone by dialing 1-800-343-5172 and entering the conference ID: HYFMQ3. The conference call will also be webcast live and archiv
SHOEMAKERSVILLE, Pa., Oct. 17, 2024 (GLOBE NEWSWIRE) -- Hydrofarm Holdings Group, Inc. ("Hydrofarm" or the "Company") (NASDAQ:HYFM), a leading independent manufacturer and distributor of branded hydroponics equipment and supplies for controlled environment agriculture ("CEA"), today announced plans for a transition of its leadership team. As part of this plan, Bill Toler, the Company's Chairman and Chief Executive Officer (CEO), has announced that he will be retiring from his position as CEO and will become Executive Chairman of the Board of Hydrofarm, effective as of January 1, 2025. John Lindeman, currently Executive Vice President and Chief Financial Officer (CFO), will become CEO. Als
SANTA PAULA, Calif., June 04, 2024 (GLOBE NEWSWIRE) -- Calavo Growers, Inc. (Nasdaq-GS: CVGW), a global leader in the avocado and value-added fresh food industries, today announced the appointment of John Lindeman to its Board of Directors and Audit Committee, effective June 3, 2024. "We are excited to welcome John to our Board of Directors," said Steven Hollister, Chairman of the Board of Directors of Calavo Growers. "John has extensive experience in corporate finance, strategy, and leadership and has deep knowledge of Calavo and the avocado industry having served as Calavo's Chief Financial Officer for several years. We welcome John back to the organization and look forward to his insig
SHOEMAKERSVILLE, Pa., Feb. 01, 2024 (GLOBE NEWSWIRE) -- Hydrofarm Holdings Group, Inc. ("Hydrofarm" or the "Company") (NASDAQ:HYFM), a leading independent manufacturer and distributor of branded hydroponics equipment and supplies for controlled environment agriculture, is proud to announce its participation in "The Balancing Act," the acclaimed television show hosted by Montel Williams and Olga Villaverde. As part of the show's sustainable living series, Hydrofarm will spotlight its expertise in indoor, year-round gardening, showcasing high-quality, eco-friendly products. Scheduled to air on Lifetime on February 5th, this feature offers a unique opportunity for those passionate about garde
MANCHESTER, England, Nov. 28, 2023 /PRNewswire/ -- SmartKem, Inc. (OTCQB:SMTK), a company seeking to reshape the world of electronics with its disruptive organic thin-film transistors (OTFTs) that have the potential to drive the next generation of displays, today announced the appointment of Melisa A. Denis to the SmartKem Board of Directors, effective November 21, 2023. Ms. Denis will serve as the Chair of the Audit Committee of the Board, a member of the Compensation Committee and Nominating and Corporate Governance Committee. SmartKem Chairman and CEO, Ian Jenks, commented, "We are pleased to welcome Melisa Denis to the SmartKem Board. Melisa's Big-4 accounting background and public comp
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