Hydrofarm Holdings (HYFM) Stock

The success of the cannabis industry in the United States has left many intrigued. Cannabis was once a taboo subject to talk about is now a multi-billion-dollar industry and it's only getting bigger. This is due to several factors that contribute to this growth, for one lots of people love cannabis so access to legal cannabis has only increased the demand. With more people wanting to enjoy cannabis, this only adds to the revenue being made.

Hydrofarm Holdings Group, Inc. (NASDAQ:HYFM ) Q3 2024 Earnings Conference Call November 7, 2024 8:30 AM ET Company Participants Anna Kate Heller - Investor Relations William Toler - Chairman and Chief Executive Officer B. John Lindeman - Chief Financial Officer Conference Call Participants Andrew Carter - Stifle Jesse Redmond - Tower Research Operator Good day, ladies and gentlemen, and thank you for standing by.

SHOEMAKERSVILLE, Pa., Oct. 09, 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 the Company was featured on the WTR Small-Cap Spotlight with Jesse Redmond, Head of Cannabis at Water Tower Research (“WTR”).

SHOEMAKERSVILLE, Pa., Sept. 18, 2024 (GLOBE NEWSWIRE) -- Hydrofarm Holdings Group, Inc. (NASDAQ: HYFM) (the "Company," or "Hydrofarm,"), a leading independent manufacturer and distributor of branded hydroponics equipment and supplies for controlled environment agriculture, announced today that it has received a 180 calendar day extension, until March 10, 2025, from the Nasdaq Stock Market ("Nasdaq"), to regain compliance with Nasdaq Marketplace Rule 5550(a)(2) (the "Bid Price Rule"). The Bid Price Rule stipulates that the bid price of the Company's common stock must close at $1.00 per share or more for a minimum of 10 consecutive business days.

Water Tower Research has published an Initiation of Coverage Report on Hydrofarm Holdings Group, Inc. (NASDAQ: HYFM) titled, “Best-in-Class Execution in a Long-Term Favorable Growth Category.” Water Tower Research has published an Initiation of Coverage Report on Hydrofarm Holdings Group, Inc. (NASDAQ: HYFM) titled, “Best-in-Class Execution in a Long-Term Favorable Growth Category.”

Hydrofarm Holdings Group, Inc. (HYFM) came out with a quarterly loss of $0.28 per share versus the Zacks Consensus Estimate of a loss of $0.23. This compares to loss of $0.21 per share a year ago.

Hydrofarm Holdings Group, Inc. (NASDAQ: HYFM) Q1 2024 Results Conference Call on May 14, 2024 at 8:30 AM ET. Presenters include Anna Heller from ICR, William Toler - Chairman and CEO, and John Lindeman - EVP & CFO. Participants on the call include Peter Grom from UBS Group, Andrew Carter from Stifel, and Jesse Redmond from Water Tower Research. Operator welcomes everyone to the call.

Hydrofarm (HYFM) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.

Many agricultural stocks are looking upward to vertical farming to expand their market share and income opportunities. Vertical farming describes a range of techniques that, rather than letting produce and plants grow across the ground, create tiered or towered platforms to grow upward.