Hudson Technologies, Inc. to Post Q4 2024 Earnings of $0.08 Per Share, Roth Capital Forecasts (NASDAQ:HDSN)

Hudson Technologies, Inc. (NASDAQ:HDSN) – Equities researchers at Roth Capital decreased their Q4 2024 earnings estimates for shares of Hudson Technologies in a research report issued to clients and investors on Thursday, May 2nd. Roth Capital analyst G. Sweeney now anticipates that the industrial products company will earn $0.08 per share for the quarter, down from their previous forecast of $0.13. The consensus estimate for Hudson Technologies’ current full-year earnings is $0.74 per share.

A number of other brokerages also recently commented on HDSN. B. Riley reduced their price objective on Hudson Technologies from $17.00 to $16.00 and set a “buy” rating for the company in a research report on Thursday, March 7th. Craig Hallum cut their target price on 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 reiterated a “hold” rating and set a $10.00 price target (down previously from $15.00) on shares of Hudson Technologies in a research note on Thursday. Roth Mkm dropped their price objective on shares of Hudson Technologies from $14.00 to $13.00 and set a “buy” rating for the company in a research note on Wednesday, May 1st. Finally, Canaccord Genuity Group lowered shares of Hudson Technologies from a “buy” rating to a “hold” rating and decreased their target price for the company from $15.00 to $10.00 in a research report on Thursday. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat, Hudson Technologies presently has a consensus rating of “Moderate Buy” and a consensus price target of $12.40.

Hudson Technologies Stock Up 0.3 %

HDSN stock opened at $9.13 on Monday. Hudson Technologies has a twelve month low of $7.21 and a twelve month high of $15.24. The company has a market cap of $415.51 million, a PE ratio of 9.32, a price-to-earnings-growth ratio of 0.41 and a beta of 1.00. The business’s 50-day simple moving average is $11.48 and its 200 day simple moving average is $12.48.

Hudson Technologies (NASDAQ:HDSN) last posted its quarterly earnings data 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 company had revenue of $65.25 million for the quarter, compared to the consensus estimate of $63.04 million. Hudson Technologies had a net margin of 16.70% and a return on equity of 22.00%. During the same quarter in the previous year, the firm posted $0.33 EPS.

Institutional Trading of Hudson Technologies

A number of large investors have recently bought and sold shares of the stock. Tower Research Capital LLC TRC lifted its holdings in shares of Hudson Technologies by 417.4% during the fourth quarter. Tower Research Capital LLC TRC now owns 6,954 shares of the industrial products company’s stock valued at $94,000 after acquiring an additional 5,610 shares during the period. Paradice Investment Management LLC bought a new stake in shares of Hudson Technologies in the 4th quarter worth about $154,000. Sequoia Financial Advisors LLC acquired a new stake in shares of Hudson Technologies during the 1st quarter worth about $126,000. Arizona State Retirement System bought a new position in Hudson Technologies during the 4th quarter valued at about $154,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank acquired a new position in Hudson Technologies in the fourth quarter valued at about $163,000. 71.34% of the stock is currently owned by institutional investors.

Hudson Technologies Company Profile

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.