FY2025 EPS Estimates for Hudson Technologies, Inc. (NASDAQ:HDSN) Lowered by Analyst

Hudson Technologies, Inc. (NASDAQ:HDSN) – Investment analysts at B. Riley dropped their FY2025 EPS estimates for Hudson Technologies in a report released on Thursday, May 2nd. B. Riley analyst J. Nichols now expects that the industrial products company will earn $0.90 per share for the year, down from their prior estimate of $1.14. B. Riley currently has a “Buy” rating and a $16.00 price target on the stock. The consensus estimate for Hudson Technologies’ current full-year earnings is $0.74 per share.

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

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

Hudson Technologies Price Performance

NASDAQ HDSN opened at $9.13 on Monday. Hudson Technologies has a 1-year low of $7.21 and a 1-year high of $15.24. The business has a 50 day simple moving average of $11.48 and a two-hundred day simple moving average of $12.48. The stock has a market capitalization of $415.51 million, a PE ratio of 9.32, a P/E/G ratio of 0.41 and a beta of 1.00.

Institutional Investors Weigh In On Hudson Technologies

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Allspring Global Investments Holdings LLC grew its holdings in Hudson Technologies by 83.4% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 318,126 shares of the industrial products company’s stock valued at $4,231,000 after purchasing an additional 144,682 shares during the last quarter. Aigen Investment Management LP purchased a new stake in shares of Hudson Technologies in the third quarter worth approximately $172,000. SG Americas Securities LLC bought a new stake in shares of Hudson Technologies during the 3rd quarter worth approximately $301,000. Bank of New York Mellon Corp boosted its holdings in Hudson Technologies by 2.1% during the 3rd quarter. Bank of New York Mellon Corp now owns 355,368 shares of the industrial products company’s stock valued at $4,726,000 after acquiring an additional 7,175 shares during the period. Finally, Robertson Stephens Wealth Management LLC grew its position in Hudson Technologies by 4.1% in the 4th quarter. Robertson Stephens Wealth Management LLC now owns 81,581 shares of the industrial products company’s stock valued at $1,101,000 after acquiring an additional 3,191 shares during the last quarter. Hedge funds and other institutional investors own 71.34% of the company’s stock.

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.