HF Foods Group Inc. Expected to Post Q3 2024 Earnings of $0.14 Per Share (NASDAQ:HFFG)

HF Foods Group Inc. (NASDAQ:HFFG) – Analysts at Sidoti Csr issued their Q3 2024 EPS estimates for shares of HF Foods Group in a report released on Thursday, August 15th. Sidoti Csr analyst D. Harriman expects that the company will post earnings of $0.14 per share for the quarter. Sidoti Csr also issued estimates for HF Foods Group’s Q4 2024 earnings at $0.13 EPS, FY2024 earnings at $0.37 EPS, Q1 2025 earnings at $0.13 EPS, Q2 2025 earnings at $0.13 EPS, Q3 2025 earnings at $0.12 EPS, Q4 2025 earnings at $0.11 EPS and FY2025 earnings at $0.50 EPS.

HF Foods Group Stock Down 2.8 %

HFFG stock opened at $3.07 on Monday. HF Foods Group has a 52 week low of $2.46 and a 52 week high of $5.91. The company has a market capitalization of $161.52 million, a price-to-earnings ratio of 61.40 and a beta of 1.49. The firm’s 50-day moving average is $3.20 and its two-hundred day moving average is $3.35. The company has a current ratio of 1.23, a quick ratio of 0.52 and a debt-to-equity ratio of 0.42.

Institutional Trading of HF Foods Group

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Privium Fund Management UK Ltd bought a new stake in shares of HF Foods Group during the 1st quarter worth about $46,000. BNP Paribas Financial Markets raised its position in shares of HF Foods Group by 63.0% during the 1st quarter. BNP Paribas Financial Markets now owns 19,344 shares of the company’s stock worth $68,000 after buying an additional 7,477 shares in the last quarter. Hillsdale Investment Management Inc. bought a new stake in shares of HF Foods Group during the 1st quarter worth about $86,000. Perritt Capital Management Inc raised its position in shares of HF Foods Group by 40.0% during the 2nd quarter. Perritt Capital Management Inc now owns 35,000 shares of the company’s stock worth $105,000 after buying an additional 10,000 shares in the last quarter. Finally, Renaissance Technologies LLC grew its stake in shares of HF Foods Group by 7.7% in the 2nd quarter. Renaissance Technologies LLC now owns 70,300 shares of the company’s stock worth $211,000 after purchasing an additional 5,000 shares during the last quarter. 24.02% of the stock is currently owned by institutional investors.

HF Foods Group Company Profile

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.