The price of HYFM is predicted to go up -5.87%, based on the high correlation periods with PCOR. The similarity of these two price pattern on the periods is 92.07%.
HYFM
PCOR
Down: -5.87%Similarity: 92.07%
HYFM Revenue Forecast
HYFM EPS Forecast
HYFM FAQs
What is bull’s view on HYFM?
HYFM stock is currently trading at $0.56, reflecting a 4.66% drop after its Q3 2024 earnings report. Bulls argue that the improved gross profit margin (19.4% vs. 6.1% YoY) and reduced net loss ($13.1M vs. $19.9M YoY) signal operational efficiency gains. With a focus on proprietary brands and a target for positive Adjusted EBITDA in 2024, bulls see potential for recovery if cannabis sector demand stabilizes.
What is bear's view on HYFM?
HYFM stock currently trades at $0.6371, reflecting an 8.28% gain on January 31, 2025. Despite improved gross margins (19.4%) and reduced losses, the cannabis sector's weak demand and negative cash flow (-$5.3M) weigh heavily on its outlook. The bearish view suggests limited upside due to ongoing industry challenges and liquidity concerns.
What is HYFM revenue forecast for next quarter?
The market consensus for HYFM's revenue in the upcoming quarter is projected to be approximately $56.077M USD.
What is HYFM eps forecast for next quarter?
The market consensus for HYFM's eps in the upcoming quarter is projected to be approximately $0.19 USD.