Hudson Technologies (NASDAQ:HDSN) Posts Earnings Results

Hudson Technologies (NASDAQ:HDSN) announced its quarterly earnings data on Wednesday. The industrial products company reported $0.12 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.18 by ($0.06), FiscalAI reports. The company had revenue of $78.35 million for the quarter, compared to analysts’ expectations of $74.20 million. Hudson Technologies had a net margin of 3.51% and a return on equity of 4.93%.

Here are the key takeaways from Hudson Technologies’ conference call:

• Profitability declined amid weaker pricing and higher costs: Q2 revenue rose 8% to $78.3 million on 12% volume growth, but a 6% drop in average selling prices, freight inflation, ERP costs and legal expenses reduced gross margin to 26% from 31% and net income to $4.9 million from $10.2 million.
• HFC refrigerant prices remain under pressure due to excess channel inventory, illegal imports and limited sustained hot weather. Management expects prices to stabilize but cannot predict when illegal-import issues will be resolved, and lowered its full-year 2026 gross-margin outlook to the low-to-mid 20% range.
• Hudson secured the five-year, $210 million DLA contract re-award, resolving a seven-month challenge and providing greater visibility into its government business.
• Growth investments are expanding Hudson’s longer-term opportunities: the small recovery truck pilot is revenue-positive, predictive servicing has won four contracts this year, and the company plans broader rollouts while pursuing extractive-distillation technology to reclaim more complex refrigerant blends.
• The Illinois facility, temporarily idled for about three weeks after tornado damage, is fully operational again; insurance is expected to cover restoration costs, with no inventory loss or detectable damage to separation columns.

Hudson Technologies Stock Performance

Shares of HDSN stock traded up $0.05 during trading hours on Friday, hitting $5.71. 123,421 shares of the company were exchanged, compared to its average volume of 403,285. The stock has a market capitalization of $240.21 million, a price-to-earnings ratio of 28.55 and a beta of 0.78. Hudson Technologies has a one year low of $4.64 and a one year high of $10.52. The business’s 50-day simple moving average is $5.88 and its two-hundred day simple moving average is $6.18.

Insider Activity at Hudson Technologies

In other news, Director Jeffrey R. Feeler acquired 5,100 shares of the business’s stock in a transaction on Thursday, May 14th. The shares were purchased at an average price of $4.92 per share, for a total transaction of $25,092.00. Following the completion of the purchase, the director directly owned 9,165 shares of the company’s stock, valued at $45,091.80. This represents a 125.46% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, major shareholder Hartree Partners, Lp acquired 52,104 shares of Hudson Technologies stock in a transaction that occurred on Wednesday, July 29th. The shares were purchased at an average price of $5.99 per share, for a total transaction of $312,102.96. Following the completion of the purchase, the insider directly owned 5,094,190 shares of the company’s stock, valued at $30,514,198.10. The trade was a 1.03% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders bought a total of 919,940 shares of company stock valued at $5,374,186 over the last three months. 1.90% of the stock is owned by insiders.

Institutional Investors Weigh In On Hudson Technologies

Several institutional investors and hedge funds have recently bought and sold shares of the business. Inspire Advisors LLC bought a new stake in shares of Hudson Technologies in the 4th quarter worth approximately $101,000. Janney Montgomery Scott LLC bought a new position in Hudson Technologies during the 4th quarter worth $123,000. Brandywine Global Investment Management LLC bought a new position in Hudson Technologies during the 4th quarter worth $155,000. Mercer Global Advisors Inc. ADV acquired a new stake in Hudson Technologies in the third quarter worth $132,000. Finally, Creative Planning acquired a new stake in Hudson Technologies in the third quarter worth $143,000. Institutional investors and hedge funds own 71.34% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have commented on the company. Weiss Ratings upgraded Hudson Technologies from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Thursday, July 23rd. Wall Street Zen lowered shares of Hudson Technologies from a “hold” rating to a “sell” rating in a report on Saturday, May 16th. Finally, Canaccord Genuity Group reduced their price objective on Hudson Technologies from $9.00 to $8.00 and set a “buy” rating on the stock in a research note on Thursday. Two research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, Hudson Technologies has an average rating of “Hold” and an average target price of $8.62.

Hudson Technologies Company Profile

Hudson Technologies, Inc is a U.S.-based provider of refrigerant management and sustainability solutions, specializing in the recovery, reclamation and recycling of refrigerant gases. The company’s core business centers on collecting used refrigerants—such as CFCs, HCFCs and HFCs—from industrial, commercial and institutional customers, processing them in certified reclamation facilities and returning material that meets industry purity standards.

Headquartered in Purchase, New York, Hudson Technologies operates a network of reclamation centers across the continental United States.