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  • 12 Mar 2026

Transformation Progress And Distribution Investments Support Improving Execution And Long-Term Earnings Power, In Our View; Maintain $7 Price Target


HF Foods Group Inc (HFFG:NYSE) | 0 0 0.0%


  • Sidoti & Company
    • Daniel Harriman

    • 10 pages


 

We model 4Q:25 sales of $305.7 million, flat versus the prior year period, and adjusted EPS of $0.10 compared to $0.11 in 4Q:24. HF Foods continues executing its transformation initiatives while operating in a challenging macro and trade environment. For 2025, we model sales of $1.226 billion, up 2% versus the prior year period, and adjusted EPS of $0.37 compared to $0.26 in 2024. We believe strategic inventory management, pricing actions, and supplier diversification helped maintain revenue growth and improve operating performance during the year. We maintain our 2026 and 2027 estimates for sales of $1.250 billion and $1.300 billion and adjusted EPS of $0.52 and $0.70, respectively. Investments in infrastructure, systems integration, and distribution capacity should support improved execution and operating leverage over time, in our view. The new Powder Springs, Georgia, distribution facility expands HF Foods' capacity in the Southeast and supports additional cross-selling opportunities while improving service levels and operational efficiency. Paul McGarry's appointment as chief financial officer strengthens financial leadership as the company continues executing its strategic initiatives under CEO Felix Lin. The balance sheet and liquidity remain solid, with $12.3 million in cash, access to $49.8 million under the credit facility, and a new $100 million ATM program that enhances flexibility for working capital, capital projects, and acquisitions. We maintain our $7 price target on HFFG shares, based on 10x our 2027 EPS estimate of $0.70. Our moderate risk rating is supported by transformation progress, improved purchasing scale, and long-term earnings power.

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Transformation Progress And Distribution Investments Support Improving Execution And Long-Term Earnings Power, In Our View; Maintain $7 Price Target


HF Foods Group Inc (HFFG:NYSE) | 0 0 0.0%


  • Published: 12 Mar 2026
  • Author: Daniel Harriman
  • Pages: 10
  • Sidoti & Company


We model 4Q:25 sales of $305.7 million, flat versus the prior year period, and adjusted EPS of $0.10 compared to $0.11 in 4Q:24. HF Foods continues executing its transformation initiatives while operating in a challenging macro and trade environment. For 2025, we model sales of $1.226 billion, up 2% versus the prior year period, and adjusted EPS of $0.37 compared to $0.26 in 2024. We believe strategic inventory management, pricing actions, and supplier diversification helped maintain revenue growth and improve operating performance during the year. We maintain our 2026 and 2027 estimates for sales of $1.250 billion and $1.300 billion and adjusted EPS of $0.52 and $0.70, respectively. Investments in infrastructure, systems integration, and distribution capacity should support improved execution and operating leverage over time, in our view. The new Powder Springs, Georgia, distribution facility expands HF Foods' capacity in the Southeast and supports additional cross-selling opportunities while improving service levels and operational efficiency. Paul McGarry's appointment as chief financial officer strengthens financial leadership as the company continues executing its strategic initiatives under CEO Felix Lin. The balance sheet and liquidity remain solid, with $12.3 million in cash, access to $49.8 million under the credit facility, and a new $100 million ATM program that enhances flexibility for working capital, capital projects, and acquisitions. We maintain our $7 price target on HFFG shares, based on 10x our 2027 EPS estimate of $0.70. Our moderate risk rating is supported by transformation progress, improved purchasing scale, and long-term earnings power.

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Strong 1Q:26 Revenue Beat Reinforces Execution Momentum; Near-Term Cost Headwinds Inform Conservative Estimates; Long-Term Thesis Intact; Maintain $6 Price Target

Companies: HF Foods Group Inc

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Margin Execution And Strategic Investment Support FY25/26 Outlook; Maintaining Estimates As HFFG Advances Transformation And Positions For 2026 Growth; Maintain $7 Price Target

Companies: HF Foods Group Inc

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Execution Remains Strong, As HF Foods Continues Building The Foundation For Long-Term Earnings Power, In Our View; Maintain $6 Price Target

Companies: HF Foods Group Inc

Sidoti & Company

2Q:25 Performance Reinforces HFFG's Strategic Progress And Transformation; Our Near-Term Estimates Are Intact, As We Balance Caution With Long-Term Optimism; Maintain $7 Price Targe

Companies: HF Foods Group Inc

Sidoti & Company

Lower Estimates Reflect Near-Term Margin Pressure, But Execution Remains Strong And Supports Long-Term Opportunity, In Our View; Lower Price Target To $6 (From $7)

Companies: HF Foods Group Inc

Sidoti & Company
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