Q4 Earnings Forecast for HF Foods Group Issued By Sidoti Csr

HF Foods Group Inc. (NASDAQ:HFFG) – Investment analysts at Sidoti Csr decreased their Q4 2024 earnings estimates for shares of HF Foods Group in a report issued on Tuesday, November 19th. Sidoti Csr analyst D. Harriman now forecasts that the company will earn $0.09 per share for the quarter, down from their prior estimate of $0.13. The consensus estimate for HF Foods Group’s current full-year earnings is $0.37 per share. Sidoti Csr also issued estimates for HF Foods Group’s Q1 2025 earnings at $0.11 EPS, Q2 2025 earnings at $0.11 EPS, Q3 2025 earnings at $0.11 EPS, Q4 2025 earnings at $0.10 EPS, FY2025 earnings at $0.43 EPS and FY2026 earnings at $0.60 EPS.

HF Foods Group Trading Down 1.4 %

HFFG opened at $3.41 on Wednesday. The firm has a 50 day simple moving average of $3.43 and a 200 day simple moving average of $3.29. The company has a market cap of $179.84 million, a price-to-earnings ratio of -113.67 and a beta of 1.47. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.18 and a quick ratio of 0.45. HF Foods Group has a fifty-two week low of $2.46 and a fifty-two week high of $5.91.

Hedge Funds Weigh In On HF Foods Group

Institutional investors have recently modified their holdings of the stock. Vanguard Group Inc. raised its holdings in shares of HF Foods Group by 2.2% during the first quarter. Vanguard Group Inc. now owns 1,859,613 shares of the company’s stock worth $6,509,000 after acquiring an additional 39,438 shares during the period. Geode Capital Management LLC grew its stake in HF Foods Group by 0.4% in the 3rd quarter. Geode Capital Management LLC now owns 922,061 shares of the company’s stock valued at $3,292,000 after buying an additional 3,815 shares during the last quarter. State Street Corp lifted its holdings in shares of HF Foods Group by 0.4% during the third quarter. State Street Corp now owns 762,836 shares of the company’s stock worth $2,723,000 after buying an additional 3,155 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of HF Foods Group by 30.8% in the second quarter. Dimensional Fund Advisors LP now owns 238,069 shares of the company’s stock valued at $715,000 after buying an additional 56,014 shares during the period. Finally, Bank of New York Mellon Corp raised its position in shares of HF Foods Group by 10.5% in the 2nd quarter. Bank of New York Mellon Corp now owns 119,683 shares of the company’s stock valued at $359,000 after buying an additional 11,372 shares in the last quarter. 24.02% of the stock is currently owned by institutional investors and hedge funds.

About HF Foods Group

HF Foods Group Inc, through its subsidiaries, markets and distributes Asian specialty food, seafood, fresh produce, frozen and dry food, and non-food products to Asian and Chinese restaurants, and other foodservice customers in the United States. The company offers seafood, including lobsters, shrimp, crabs, scallops, and fish; Asian specialty food items, including noodles, rice, dried mushrooms and beans, sauces and seasonings, and spring rolls, as well as canned products, such as preserved vegetables, bamboo shoots, and water chestnuts; and meat and poultry products, including beef, pork, chicken, and duck.