Hudson Technologies, Inc. (HDSN) Expected to Announce Earnings of -$0.10 Per Share
Equities analysts expect Hudson Technologies, Inc. (NASDAQ:HDSN) to announce earnings of ($0.10) per share for the current quarter, Zacks reports. Two analysts have provided estimates for Hudson Technologies’ earnings. Hudson Technologies posted earnings per share of ($0.02) during the same quarter last year, which suggests a negative year over year growth rate of 400%. The company is expected to issue its next quarterly earnings report after the market closes on Wednesday, May 1st.
On average, analysts expect that Hudson Technologies will report full-year earnings of ($0.06) per share for the current financial year, with EPS estimates ranging from ($0.08) to ($0.03). For the next year, analysts forecast that the business will report earnings of $0.25 per share. Zacks’ earnings per share averages are a mean average based on a survey of analysts that that provide coverage for Hudson Technologies.
Several equities analysts have issued reports on the stock. Zacks Investment Research upgraded shares of Hudson Technologies from a “sell” rating to a “hold” rating in a research note on Tuesday, March 19th. ValuEngine upgraded shares of Hudson Technologies from a “hold” rating to a “buy” rating in a research note on Thursday, March 7th. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the company. Hudson Technologies has a consensus rating of “Hold” and a consensus target price of $4.00.
NASDAQ HDSN traded up $0.01 during trading hours on Friday, hitting $1.54. The company had a trading volume of 250,621 shares, compared to its average volume of 464,010. The company has a debt-to-equity ratio of 1.42, a current ratio of 2.05 and a quick ratio of 0.36. Hudson Technologies has a 1-year low of $0.70 and a 1-year high of $4.60. The company has a market capitalization of $65.61 million, a PE ratio of -6.70 and a beta of 2.00.
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 services.
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