From what 0 stock analysts predict, the share price for HF Foods Group Inc (HFFG) might increase by 58.31% in the next year. This is based on a 12-month average estimation for HFFG. Price targets go from $6 to $6. The majority of stock analysts believe HFFG is a sell. Please note analyst price targets are not guaranteed and could be missed completely.
HF Foods Group Inc has a total of 0 Wall St Analyst ratings. There are 0 buy ratings, 0 ratings, and 0 sell ratings. Since most analysts have a sell consensus rating, the expectation is that HF Foods Group Inc will perform worse than the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.
These are the latest 20 analyst ratings of HFFG.
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When did it IPO
2017
Staff Count
925
Country
United States
Sector/Industry
Consumer Defensive/Food Distribution
CEO
Mr. Xi Lin
Market Cap
$199.9M
In 2023, HFFG generated $1.15B in revenue, which was a decrease of -1.88% from the previous year. This can be seen as a signal that HFFG's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - HF Foods Group Inc. (NASDAQ:HFFG) will hold its Q2 2024 earnings conference call on August 6, 2024, at 4:30 PM ET, featuring key company executives.
Why It Matters - HF Foods' Q2 earnings call signals key financial updates, performance insights, and strategic direction, influencing investment decisions and market sentiment.
Summary - HF Foods (HFFG) reported a positive second quarter, with growth driven by increased volume and better pricing in select categories.
Why It Matters - HF Foods' volume growth and better pricing indicate strong demand and potential profitability, suggesting positive momentum that could enhance future earnings and stock performance.
Summary - HF Foods Group Inc. (NASDAQ: HFFG) announced the appointment of Dr. Yujie Wang to its board of directors, effective immediately.
Why It Matters - Dr. Yujie Wang's appointment could enhance HF Foods' strategic direction and operational expertise, potentially impacting stock performance and investor confidence.
Summary - HF Foods Group Inc. announced the resolution of a non-public SEC investigation into alleged securities law violations involving the company and former executives.
Why It Matters - The resolution of the SEC investigation removes uncertainty for HF Foods, potentially boosting investor confidence and stabilizing stock performance.
Summary - HF Foods Group Inc. (NASDAQ: HFFG) appointed Lisa Lim and Charlotte Westfall to its board of directors, effective June 7, 2024.
Why It Matters - New board appointments may signal strategic shifts or enhanced governance at HF Foods, potentially impacting company performance and investor confidence.
Summary - Glancy Prongay & Murray LLP is investigating HF Foods Group, Inc. (Nasdaq: HFFG) for potential violations of state laws involving the company and its executives.
Why It Matters - The investigation into HF Foods Group for possible legal violations may indicate potential risks, affecting stock performance and investor confidence.