Hudson Global (NASDAQ:HSON) Coverage Initiated by Analysts at StockNews.com

Stock analysts at StockNews.com began coverage on shares of Hudson Global (NASDAQ:HSON) in a research report issued on Friday. The brokerage set a “strong-buy” rating on the business services provider’s stock.

Hudson Global Stock Performance

Shares of HSON opened at $16.90 on Friday. Hudson Global has a 52 week low of $13.38 and a 52 week high of $24.00. The stock has a market capitalization of $47.66 million, a price-to-earnings ratio of 24.49, a PEG ratio of 0.49 and a beta of 0.61. The stock has a fifty day moving average of $15.88 and a 200-day moving average of $16.00.

Hudson Global (NASDAQ:HSON) last posted its earnings results on Thursday, March 14th. The business services provider reported $0.04 EPS for the quarter. Hudson Global had a return on equity of 5.71% and a net margin of 1.36%. The firm had revenue of $33.97 million during the quarter, compared to the consensus estimate of $38.02 million. As a group, equities analysts forecast that Hudson Global will post 1.73 EPS for the current year.

Institutional Investors Weigh In On Hudson Global

A number of institutional investors have recently added to or reduced their stakes in HSON. Geode Capital Management LLC raised its stake in shares of Hudson Global by 2.1% during the fourth quarter. Geode Capital Management LLC now owns 24,476 shares of the business services provider’s stock valued at $553,000 after acquiring an additional 494 shares during the last quarter. BlackRock Inc. raised its position in Hudson Global by 1.1% during the 2nd quarter. BlackRock Inc. now owns 62,110 shares of the business services provider’s stock worth $1,337,000 after purchasing an additional 650 shares during the last quarter. State Street Corp raised its position in Hudson Global by 8.3% during the 1st quarter. State Street Corp now owns 9,929 shares of the business services provider’s stock worth $404,000 after purchasing an additional 757 shares during the last quarter. JPMorgan Chase & Co. bought a new stake in shares of Hudson Global in the 2nd quarter valued at about $29,000. Finally, UBS Group AG increased its stake in shares of Hudson Global by 241.4% in the first quarter. UBS Group AG now owns 1,502 shares of the business services provider’s stock valued at $61,000 after buying an additional 1,062 shares during the period. 47.23% of the stock is owned by institutional investors.

About Hudson Global

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.