Key Points
- CEO Xi Lin bought 4,494 shares on Nov. 12 at $2.24 each (total ~$10,067), raising his stake to 415,804 shares — a 1.09% increase valued at roughly $931,401.
- Hf Foods missed quarterly expectations, reporting EPS of $0.08 versus the $0.12 consensus and a negative net margin of -3.71%, while revenue came in at $306.98 million.
- Analysts are mixed with an average "Hold" rating and a $7.00 consensus target; the company has a market cap of $118.29 million and a 52‑week range of $1.70–$4.93.
Hf Foods Group Inc. (NASDAQ:HFFG - Get Free Report) CEO Xi Lin acquired 4,494 shares of the firm's stock in a transaction on Wednesday, November 12th. The shares were acquired at an average price of $2.24 per share, with a total value of $10,066.56. Following the completion of the purchase, the chief executive officer owned 415,804 shares in the company, valued at approximately $931,400.96. This trade represents a 1.09% increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at this link.
Hf Foods Group Price Performance
Shares of HFFG opened at $2.23 on Wednesday. The business's 50-day moving average is $2.64 and its two-hundred day moving average is $3.14. The company has a market capitalization of $118.29 million, a P/E ratio of -2.59, a P/E/G ratio of 0.46 and a beta of 0.52. Hf Foods Group Inc. has a fifty-two week low of $1.70 and a fifty-two week high of $4.93. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.42 and a current ratio of 1.19.
Hf Foods Group (NASDAQ:HFFG - Get Free Report) last posted its earnings results on Monday, November 10th. The company reported $0.08 earnings per share for the quarter, missing the consensus estimate of $0.12 by ($0.04). Hf Foods Group had a negative net margin of 3.71% and a positive return on equity of 8.01%. The firm had revenue of $306.98 million for the quarter, compared to analysts' expectations of $303.41 million. Research analysts predict that Hf Foods Group Inc. will post 0.22 earnings per share for the current year.
Wall Street Analyst Weigh In
Several analysts have recently issued reports on the stock. Wall Street Zen lowered shares of Hf Foods Group from a "strong-buy" rating to a "buy" rating in a research report on Saturday, November 1st. Weiss Ratings reiterated a "sell (d-)" rating on shares of Hf Foods Group in a research note on Monday. One equities research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Hf Foods Group has an average rating of "Hold" and a consensus target price of $7.00.
Check Out Our Latest Research Report on HFFG
Hedge Funds Weigh In On Hf Foods Group
A number of institutional investors and hedge funds have recently bought and sold shares of the business. Virtu Financial LLC acquired a new stake in Hf Foods Group in the 3rd quarter valued at about $39,000. Tower Research Capital LLC TRC grew its position in shares of Hf Foods Group by 192.7% in the second quarter. Tower Research Capital LLC TRC now owns 12,450 shares of the company's stock valued at $40,000 after purchasing an additional 8,197 shares in the last quarter. Invesco Ltd. increased its holdings in shares of Hf Foods Group by 37.1% in the second quarter. Invesco Ltd. now owns 16,070 shares of the company's stock valued at $51,000 after purchasing an additional 4,351 shares during the last quarter. Choreo LLC acquired a new stake in shares of Hf Foods Group in the first quarter valued at approximately $56,000. Finally, Intech Investment Management LLC purchased a new position in Hf Foods Group during the second quarter worth approximately $61,000. 24.02% of the stock is currently owned by institutional investors and hedge funds.
Hf Foods Group Company Profile
(
Get Free Report)
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.
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