Analysts expect Hudson Technologies, Inc. (NASDAQ:HDSN) to announce $0.04 earnings per share for the current fiscal quarter, according to Zacks Investment Research. Three analysts have issued estimates for Hudson Technologies’ earnings. The highest EPS estimate is $0.11 and the lowest is $0.00. Hudson Technologies posted earnings of $0.05 per share in the same quarter last year, which suggests a negative year over year growth rate of 20%. The firm is expected to issue its next earnings report on Wednesday, November 14th.
According to Zacks, analysts expect that Hudson Technologies will report full-year earnings of ($0.05) per share for the current year, with EPS estimates ranging from ($0.15) to $0.11. For the next financial year, analysts expect that the company will report earnings of $0.25 per share, with EPS estimates ranging from $0.15 to $0.31. Zacks Investment Research’s earnings per share calculations are an average based on a survey of analysts that that provide coverage for Hudson Technologies.
Hudson Technologies (NASDAQ:HDSN) last released its earnings results on Wednesday, August 8th. The industrial products company reported ($0.67) EPS for the quarter, missing the consensus estimate of $0.05 by ($0.72). Hudson Technologies had a negative net margin of 23.19% and a negative return on equity of 0.96%. The business had revenue of $58.08 million for the quarter, compared to analyst estimates of $66.03 million.
Several research firms recently commented on HDSN. ValuEngine raised shares of Hudson Technologies from a “sell” rating to a “hold” rating in a research note on Saturday, June 2nd. William Blair downgraded shares of Hudson Technologies from an “outperform” rating to a “market perform” rating in a research report on Thursday, July 19th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the stock. Hudson Technologies currently has an average rating of “Hold” and a consensus price target of $6.50.
HDSN stock opened at $1.39 on Friday. Hudson Technologies has a 12 month low of $1.38 and a 12 month high of $9.80. The company has a market cap of $65.30 million, a P/E ratio of 2.96 and a beta of 1.16. The company has a quick ratio of 0.41, a current ratio of 2.09 and a debt-to-equity ratio of 0.84.
Several large investors have recently modified their holdings of the stock. Jane Street Group LLC purchased a new stake in shares of Hudson Technologies in the 2nd quarter valued at approximately $200,000. Granahan Investment Management Inc. MA lifted its position in shares of Hudson Technologies by 183.3% in the 2nd quarter. Granahan Investment Management Inc. MA now owns 1,035,117 shares of the industrial products company’s stock valued at $2,081,000 after acquiring an additional 669,745 shares in the last quarter. Paloma Partners Management Co purchased a new stake in shares of Hudson Technologies in the 2nd quarter valued at approximately $363,000. Dimensional Fund Advisors LP lifted its position in shares of Hudson Technologies by 12.3% in the 2nd quarter. Dimensional Fund Advisors LP now owns 2,688,285 shares of the industrial products company’s stock valued at $5,403,000 after acquiring an additional 294,053 shares in the last quarter. Finally, Marathon Capital Management lifted its position in shares of Hudson Technologies by 6.3% in the 2nd quarter. Marathon Capital Management now owns 828,075 shares of the industrial products company’s stock valued at $1,664,000 after acquiring an additional 49,250 shares in the last quarter. Institutional investors and hedge funds own 77.07% of the company’s stock.
Hudson Technologies Company Profile
Hudson Technologies Inc operates as a refrigerant services company in the United States and internationally. It sells reclaimed and virgin refrigerants, and industrial gases; provides refrigerant management services, such as reclamation of refrigerants and laboratory testing, as well as re-usable cylinder refurbishment and hydrostatic testing.
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