Hudson Technologies (HDSN) Scheduled to Post Quarterly Earnings on Wednesday

Hudson Technologies (NASDAQ:HDSNGet Rating) will be announcing its earnings results after the market closes on Wednesday, May 4th. Analysts expect the company to announce earnings of $0.08 per share for the quarter. Hudson Technologies has set its FY 2022 guidance at EPS.Parties that wish to listen to the company’s conference call can do so using this link.

Hudson Technologies (NASDAQ:HDSNGet Rating) last issued its quarterly earnings results on Tuesday, March 8th. The industrial products company reported $0.13 EPS for the quarter, topping the consensus estimate of ($0.05) by $0.18. Hudson Technologies had a net margin of 16.74% and a return on equity of 56.35%. The business had revenue of $37.78 million for the quarter. During the same period in the previous year, the business posted ($0.11) EPS. On average, analysts expect Hudson Technologies to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Shares of HDSN stock opened at $6.44 on Wednesday. The company has a quick ratio of 0.40, a current ratio of 1.86 and a debt-to-equity ratio of 1.03. Hudson Technologies has a one year low of $1.83 and a one year high of $7.36. The stock’s 50-day moving average is $5.61. The company has a market capitalization of $288.58 million, a PE ratio of 9.33, a price-to-earnings-growth ratio of 0.29 and a beta of 1.36.

In other Hudson Technologies news, Director Stephen P. Mandracchia sold 100,000 shares of the firm’s stock in a transaction dated Friday, March 11th. The shares were sold at an average price of $5.75, for a total value of $575,000.00. The sale was disclosed in a legal filing with the SEC, which is available at this link. Company insiders own 14.30% of the company’s stock.

Several large investors have recently made changes to their positions in the business. Dimensional Fund Advisors LP increased its stake in shares of Hudson Technologies by 53.7% in the third quarter. Dimensional Fund Advisors LP now owns 273,350 shares of the industrial products company’s stock valued at $965,000 after purchasing an additional 95,518 shares during the period. Millennium Management LLC increased its stake in shares of Hudson Technologies by 84.4% in the third quarter. Millennium Management LLC now owns 192,183 shares of the industrial products company’s stock valued at $678,000 after purchasing an additional 87,968 shares during the period. Citadel Advisors LLC increased its stake in shares of Hudson Technologies by 148.0% in the fourth quarter. Citadel Advisors LLC now owns 89,766 shares of the industrial products company’s stock valued at $398,000 after purchasing an additional 53,563 shares during the period. Two Sigma Advisers LP acquired a new stake in shares of Hudson Technologies in the third quarter valued at approximately $134,000. Finally, Sequoia Financial Advisors LLC acquired a new stake in shares of Hudson Technologies in the fourth quarter valued at approximately $150,000. Institutional investors own 49.41% of the company’s stock.

Several equities analysts have recently commented on HDSN shares. Roth Capital raised shares of Hudson Technologies from a “neutral” rating to a “buy” rating and increased their price target for the stock from $4.00 to $6.50 in a research report on Wednesday, March 9th. Zacks Investment Research raised shares of Hudson Technologies from a “hold” rating to a “buy” rating and set a $6.50 price target on the stock in a research report on Friday, March 11th. Finally, StockNews.com cut shares of Hudson Technologies from a “buy” rating to a “hold” rating in a research report on Tuesday, April 19th. One research analyst has rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Buy” and an average price target of $5.33.

Hudson Technologies Company Profile (Get Rating)

Hudson Technologies, Inc a refrigerant services company, provides solutions to recurring problems within the refrigeration industry primarily in the United States. The company's products and services include refrigerant and industrial gas sales; refrigerant management services consisting primarily of reclamation of refrigerants, re-usable cylinder refurbishment, and hydrostatic testing services; and RefrigerantSide services comprising system decontamination to remove moisture, oils, and other contaminants.

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Earnings History for Hudson Technologies (NASDAQ:HDSN)

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