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

HF Foods Group Inc. (NASDAQ:HFFG) – Equities researchers at Sidoti Csr issued their Q3 2024 earnings per share estimates for shares of HF Foods Group in a report released on Thursday, August 15th. Sidoti Csr analyst D. Harriman forecasts that the company will earn $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 Trading Up 1.0 %

Shares of HFFG stock opened at $3.16 on Monday. The firm has a market capitalization of $166.25 million, a PE ratio of 63.20 and a beta of 1.49. The stock has a fifty day simple moving average of $3.20 and a two-hundred day simple moving average of $3.36. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.52 and a current ratio of 1.23. HF Foods Group has a 52-week low of $2.46 and a 52-week high of $5.91.

Institutional Inflows and Outflows

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

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.