Added to YB: 2021-09-27
Pitch date: 2021-09-27
HYFM [bullish]
Hydrofarm Holdings Group, Inc.
-99.76%
current return
Author Info
No bio for this author
Company Info
Hydrofarm Holdings Group, Inc., together with its subsidiaries, manufactures and distributes hydroponics equipment and supplies for controlled environment agriculture (CEA) in the United States and Canada.
Market Cap
$4.6M
Pitch Price
$389.30
Price Target
N/A
Dividend
N/A
EV/EBITDA
-12.62
P/E
-0.02
EV/Sales
1.47
Sector
Machinery
Category
growth
Hydrofarm Holdings
HYFM: Hydrofarm’s core thesis is an M&A-driven asset rollup: four acquisitions this year totaled more than $440M in transaction value and added $164M of incremental sales, with half expected to be accretive within the fiscal year. The company has also beaten earnings estimates in each of the past three quarters, although pronounced share-price volatility has persisted despite this execution.
Read full article (1 min)