Hudson Global (NASDAQ:HSON) Earns Strong-Buy Rating from Analysts at StockNews.com

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

Hudson Global Trading Down 0.2 %

Shares of HSON stock opened at $16.89 on Friday. The business’s 50 day moving average is $16.13 and its two-hundred day moving average is $15.92. Hudson Global has a twelve month low of $13.38 and a twelve month high of $24.00. The company has a market capitalization of $47.63 million, a P/E ratio of 24.48, a price-to-earnings-growth ratio of 0.49 and a beta of 0.61.

Hudson Global (NASDAQ:HSON) last posted its quarterly earnings results on Thursday, March 14th. The business services provider reported $0.04 earnings per share 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 for the quarter, compared to the consensus estimate of $38.02 million. As a group, equities analysts predict that Hudson Global will post 1.73 earnings per share for the current fiscal year.

Institutional Trading of Hudson Global

A hedge fund recently bought a new stake in Hudson Global stock. Mariner LLC purchased a new stake in Hudson Global, Inc. (NASDAQ:HSON) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 82,919 shares of the business services provider’s stock, valued at approximately $1,563,000. Mariner LLC owned approximately 2.94% of Hudson Global at the end of the most recent reporting period. 47.23% of the stock is currently 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.