Hudson Technologies, Inc. (NASDAQ:HDSN) Forecasted to Earn FY2025 Earnings of $0.90 Per Share

Hudson Technologies, Inc. (NASDAQ:HDSN) – Equities researchers at B. Riley dropped their FY2025 earnings per share estimates for shares of Hudson Technologies in a research report issued to clients and investors on Thursday, May 2nd. B. Riley analyst J. Nichols now anticipates that the industrial products company will post earnings of $0.90 per share for the year, down from their prior estimate of $1.14. B. Riley has a “Buy” rating and a $16.00 price objective on the stock. The consensus estimate for Hudson Technologies’ current full-year earnings is $0.74 per share.

Hudson Technologies (NASDAQ:HDSN) last released its quarterly earnings results on Wednesday, May 1st. The industrial products company reported $0.20 earnings per share for the quarter, beating analysts’ consensus estimates of $0.19 by $0.01. Hudson Technologies had a net margin of 16.70% and a return on equity of 22.00%. The company had revenue of $65.25 million for the quarter, compared to analyst estimates of $63.04 million. During the same period last year, the firm earned $0.33 earnings per share.

A number of other equities research analysts have also recently commented on HDSN. Craig Hallum lowered their target price on Hudson Technologies from $16.00 to $13.00 and set a “buy” rating on the stock in a research note on Thursday, May 2nd. Canaccord Genuity Group lowered shares of Hudson Technologies from a “buy” rating to a “hold” rating and lowered their price objective for the stock from $15.00 to $10.00 in a research report on Thursday, May 2nd. Roth Mkm reduced their target price on shares of Hudson Technologies from $14.00 to $13.00 and set a “buy” rating for the company in a research report on Wednesday, May 1st. Finally, Canaccord Genuity Group restated a “hold” rating and set a $10.00 price target (down previously from $15.00) on shares of Hudson Technologies in a research note on Thursday, May 2nd. Three analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat, Hudson Technologies currently has a consensus rating of “Moderate Buy” and a consensus price target of $12.40.

Hudson Technologies Trading Up 0.5 %

Shares of Hudson Technologies stock opened at $9.42 on Monday. The business’s fifty day simple moving average is $11.26 and its 200 day simple moving average is $12.42. Hudson Technologies has a 12 month low of $7.56 and a 12 month high of $15.24. The firm has a market capitalization of $428.70 million, a P/E ratio of 9.61, a price-to-earnings-growth ratio of 0.41 and a beta of 1.00.

Institutional Trading of Hudson Technologies

A number of institutional investors have recently modified their holdings of the business. Tower Research Capital LLC TRC increased its holdings in Hudson Technologies by 417.4% during the 4th quarter. Tower Research Capital LLC TRC now owns 6,954 shares of the industrial products company’s stock worth $94,000 after acquiring an additional 5,610 shares during the period. Sequoia Financial Advisors LLC purchased a new position in shares of Hudson Technologies in the 1st quarter worth about $126,000. Arizona State Retirement System bought a new stake in Hudson Technologies in the 4th quarter worth approximately $154,000. Paradice Investment Management LLC purchased a new position in shares of Hudson Technologies during the fourth quarter worth approximately $154,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank bought a new stake in shares of Hudson Technologies in the 4th quarter worth approximately $163,000. 71.34% of the stock is currently owned by hedge funds and other institutional investors.

About Hudson Technologies

Hudson Technologies, Inc, through its subsidiary, Hudson Technologies Company, engages in the provision of solutions to recurring problems within the refrigeration industry in the United States. The company engages in the sale of refrigerant and industrial gas; provision of refrigerant management services consisting primarily of reclamation of refrigerants, re-usable cylinder refurbishment, and hydrostatic testing services; and RefrigerantSide services comprising system decontamination and recovery to remove moisture, oils, and other contaminants.