Equities research analysts forecast that Hudson Technologies, Inc. (NASDAQ:HDSN) will post $0.06 earnings per share (EPS) for the current fiscal quarter, Zacks Investment Research reports. Two analysts have provided estimates for Hudson Technologies’ earnings. The lowest EPS estimate is $0.04 and the highest is $0.08. The firm is scheduled to report its next quarterly earnings report on Wednesday, August 14th.
On average, analysts expect that Hudson Technologies will report full-year earnings of ($0.10) per share for the current financial year, with EPS estimates ranging from ($0.10) to ($0.09). For the next year, analysts anticipate that the company will report earnings of $0.15 per share. Zacks’ earnings per share calculations are a mean average based on a survey of analysts that cover Hudson Technologies.
Hudson Technologies (NASDAQ:HDSN) last announced its quarterly earnings data on Wednesday, March 6th. The industrial products company reported ($0.19) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.17) by ($0.02). The business had revenue of $25.72 million during the quarter, compared to analysts’ expectations of $25.18 million. Hudson Technologies had a negative net margin of 34.35% and a negative return on equity of 16.86%.
A number of equities research analysts have recently commented on HDSN shares. ValuEngine raised Hudson Technologies from a “hold” rating to a “buy” rating in a research report on Thursday, March 7th. Zacks Investment Research downgraded Hudson Technologies from a “hold” rating to a “strong sell” rating in a research report on Thursday, March 7th. Two investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. The company currently has a consensus rating of “Buy”.
Hedge funds have recently bought and sold shares of the business. Jane Street Group LLC acquired a new position in shares of Hudson Technologies during the 1st quarter worth approximately $35,000. M&T Bank Corp acquired a new position in shares of Hudson Technologies during the 1st quarter worth approximately $123,000. ArrowMark Colorado Holdings LLC grew its position in shares of Hudson Technologies by 7.2% during the 1st quarter. ArrowMark Colorado Holdings LLC now owns 4,178,343 shares of the industrial products company’s stock worth $8,064,000 after purchasing an additional 278,943 shares in the last quarter. Charles Schwab Investment Management Inc. acquired a new position in shares of Hudson Technologies during the 1st quarter worth approximately $51,000. Finally, Cooper Creek Partners Management LLC grew its position in shares of Hudson Technologies by 0.3% during the 1st quarter. Cooper Creek Partners Management LLC now owns 3,828,773 shares of the industrial products company’s stock worth $7,390,000 after purchasing an additional 10,115 shares in the last quarter. 63.74% of the stock is owned by hedge funds and other institutional investors.
Shares of NASDAQ:HDSN traded up $0.05 during midday trading on Tuesday, reaching $2.05. The company’s stock had a trading volume of 642,100 shares, compared to its average volume of 367,768. The company has a market cap of $88.19 million, a P/E ratio of -8.91 and a beta of 1.83. The company has a quick ratio of 0.39, a current ratio of 1.88 and a debt-to-equity ratio of 1.58. Hudson Technologies has a 1 year low of $0.70 and a 1 year high of $2.73.
About Hudson Technologies
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 services.
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