Hf Foods Group (NASDAQ:HFFG) Releases Earnings Results, Beats Estimates By $0.06 EPS

Hf Foods Group (NASDAQ:HFFG) posted its earnings results on Monday. The company reported $0.12 earnings per share for the quarter, beating the consensus estimate of $0.06 by $0.06, FiscalAI reports. Hf Foods Group had a negative net margin of 2.90% and a positive return on equity of 6.94%. The company had revenue of $323.78 million during the quarter, compared to analysts’ expectations of $320.54 million.

Here are the key takeaways from Hf Foods Group’s conference call:

• Revenue reached a record $323.8 million, up 2.8% year over year and marking the sixth consecutive quarter of growth, driven by volume gains and improved seafood pricing.
• Profitability remained under pressure, with gross margin declining to 17% and adjusted EBITDA falling 2% to $13.6 million as tariffs, fuel costs, softer dine-in traffic, and pricing concessions offset growth.
• HF Foods agreed to acquire Canadian seafood distributor Searay Foods for approximately $35 million, or about 5x baseline adjusted EBITDA; management expects the mid-teens-margin business to be immediately accretive to margins and EPS, subject to closing conditions.
• The company refinanced and expanded its credit facility, increasing revolver commitments to $140 million and extending maturities to 2031 and 2036, providing additional liquidity for the Searay deal and future acquisitions.
• Southeast seafood volumes are increasing, while Charlotte’s facility is expected to improve distribution efficiency in the fourth quarter; larger Midwest capacity benefits may not materialize until late 2026 or 2027.

Hf Foods Group Stock Up 15.4%

Hf Foods Group stock traded up $0.24 during midday trading on Tuesday, reaching $1.80. The company’s stock had a trading volume of 1,385,942 shares, compared to its average volume of 225,154. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.11 and a quick ratio of 0.49. Hf Foods Group has a 52-week low of $1.38 and a 52-week high of $3.87. The stock has a market capitalization of $96.30 million, a P/E ratio of -2.65, a PEG ratio of 0.43 and a beta of 0.58. The stock’s 50-day simple moving average is $1.70 and its 200-day simple moving average is $1.84.

Analysts Set New Price Targets

HFFG has been the topic of a number of analyst reports. Weiss Ratings cut shares of Hf Foods Group from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Thursday. Alliance Global Partners reiterated a “buy” rating on shares of Hf Foods Group in a report on Thursday, July 23rd. Finally, Roth Capital reissued a “buy” rating on shares of Hf Foods Group in a research report on Wednesday, April 29th. Two analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $5.50.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Abel Hall LLC purchased a new position in Hf Foods Group in the fourth quarter worth $26,000. Virtu Financial LLC acquired a new position in Hf Foods Group during the third quarter worth about $39,000. HRT Financial LP purchased a new position in Hf Foods Group in the fourth quarter valued at about $40,000. Tower Research Capital LLC TRC boosted its position in shares of Hf Foods Group by 192.7% in the 2nd quarter. Tower Research Capital LLC TRC now owns 12,450 shares of the company’s stock worth $40,000 after buying an additional 8,197 shares in the last quarter. Finally, Invesco Ltd. lifted its stake in shares of Hf Foods Group by 37.1% during the second quarter. Invesco Ltd. now owns 16,070 shares of the company’s stock worth $51,000 after purchasing an additional 4,351 shares in the last quarter. Institutional investors and hedge funds own 24.02% of the company’s stock.

Hf Foods Group Company Profile

HF Foods Group, Inc, together with its subsidiaries, manufactures, imports and distributes a variety of ethnic and specialty food products primarily for retail and foodservice customers in the United States. The company focuses on value?added fresh and frozen offerings that cater to growing consumer interest in Hispanic and other global cuisines. Its vertically integrated operations include in?house manufacturing, procurement of specialty ingredients, and third?party distribution partnerships.

The company’s product portfolio spans a broad range of categories, including fresh and frozen tamales, enchiladas, empanadas, tortillas and quesadillas, as well as shelf?stable salsas, sauces, dips, spreads and snack items.