Hudson Global (NASDAQ:HSON) Now Covered by StockNews.com

Equities researchers at StockNews.com started coverage on shares of Hudson Global (NASDAQ:HSON) in a research note issued to investors on Tuesday. The brokerage set a “strong-buy” rating on the business services provider’s stock.

Hudson Global Stock Performance

NASDAQ HSON opened at $17.81 on Tuesday. Hudson Global has a twelve month low of $13.38 and a twelve month high of $24.25. The stock has a market cap of $50.22 million, a price-to-earnings ratio of 25.81, a PEG ratio of 0.52 and a beta of 0.58. The firm’s 50 day moving average price is $15.10 and its two-hundred day moving average price is $16.29.

Hudson Global (NASDAQ:HSON) last posted its quarterly earnings data on Thursday, March 14th. The business services provider reported $0.04 earnings per share for the quarter. Hudson Global had a net margin of 1.36% and a return on equity of 5.71%. The firm had revenue of $33.97 million for the quarter, compared to analysts’ expectations of $38.02 million. On average, research analysts forecast that Hudson Global will post 1.73 EPS for the current fiscal year.

Hedge Funds Weigh In On Hudson Global

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its holdings in shares of Hudson Global by 2.0% during the 4th quarter. Vanguard Group Inc. now owns 142,367 shares of the business services provider’s stock valued at $2,205,000 after acquiring an additional 2,814 shares in the last quarter. Renaissance Technologies LLC grew its holdings in shares of Hudson Global by 14.0% during the 4th quarter. Renaissance Technologies LLC now owns 98,965 shares of the business services provider’s stock valued at $2,240,000 after acquiring an additional 12,146 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of Hudson Global by 3.1% during the 3rd quarter. Dimensional Fund Advisors LP now owns 98,306 shares of the business services provider’s stock valued at $3,305,000 after acquiring an additional 2,919 shares in the last quarter. HighTower Advisors LLC grew its holdings in shares of Hudson Global by 2.3% during the 1st quarter. HighTower Advisors LLC now owns 92,921 shares of the business services provider’s stock valued at $2,069,000 after acquiring an additional 2,103 shares in the last quarter. Finally, Mariner LLC purchased a new position in shares of Hudson Global during the 3rd quarter valued at $1,563,000. 47.23% of the stock is currently owned by hedge funds and other institutional investors.

Hudson Global Company Profile

Hudson Global, Inc provides talent solutions for mid-to-large-cap multinational companies and government agencies under the Hudson RPO brand in the Americas, the Asia Pacific, and Europe. It offers recruitment process outsourcing (RPO) services, such as recruitment outsourcing, project-based outsourcing, contingent workforce solutions, and recruitment consulting for clients' permanent staff hires; and RPO contracting services, including outsourced professional contract staffing and managed services.