Can HFFG sustain its EPS momentum beyond 2024?
4/7/2025 02:22pm
**HF Foods Group's (HFFG) potential to sustain EPS momentum beyond 2024 appears promising**, considering the following points:
1. **Analyst Optimism**: Analysts are forecasting an improvement in earnings, with a predicted statutory profit of $0.20 per share for HF Foods Group in 2025. This is a significant upside from the previous year, indicating a potential sustained increase in EPS.
2. **Revenue Growth Expectations**: The consensus for revenues in 2025 is $1.23 billion, which would represent a 2.7% increase from the past 12 months. This growth expectation suggests that the company's revenue, and potentially its EPS, can continue to rise.
3. **Recent Performance**: HF Foods Group reported earnings per share (EPS) of $0.11 for the quarter ending March 13, 2025, which beat analysts' estimates of $0.09. This beat on expectations is a positive sign, indicating the company's performance may be better than anticipated.
4. **Insider Confidence**: Recent insider transactions, such as CEO Xi Lin's purchase of 5,000 shares and Christine Chang's acquisition of 7,961 shares, suggest confidence in the company's future prospects. Insider buying can be a bullish signal, as it indicates that those with the most knowledge about the company believe it has room for growth.
5. **Market Sentiment**: The company's stock price has seen a significant jump, with a 68% increase to $2.93 following its annual results. This positive market sentiment can be a catalyst for continued EPS growth, as investor confidence often leads to higher stock prices, which can attract more investors and increase the company's valuation.
In conclusion, while there are no guarantees, the combination of analyst optimism, revenue growth expectations, recent performance, insider confidence, and market sentiment suggest that HF Foods Group may be able to sustain its EPS momentum beyond 2024.