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.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in HDSN. Bank of New York Mellon Corp boosted its stake in Hudson Technologies by 276.7% in the fourth quarter. Bank of New York Mellon Corp now owns 96,175 shares of the industrial products company’s stock valued at $86,000 after acquiring an additional 70,646 shares in the last quarter. Thompson Investment Management Inc. boosted its stake in Hudson Technologies by 55.0% in the fourth quarter. Thompson Investment Management Inc. now owns 225,325 shares of the industrial products company’s stock valued at $201,000 after acquiring an additional 80,000 shares in the last quarter. Weber Alan W acquired a new position in Hudson Technologies in the fourth quarter valued at $273,000. Norges Bank acquired a new position in Hudson Technologies in the fourth quarter valued at $351,000. Finally, United Services Automobile Association boosted its stake in shares of Hudson Technologies by 39.3% during the third quarter. United Services Automobile Association now owns 769,298 shares of the industrial products company’s stock worth $985,000 after buying an additional 216,970 shares during the period. Institutional investors own 64.26% of the company’s stock.

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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