$0.02 EPS Expected for Hudson Technologies, Inc. (HDSN) This Quarter

Wall Street analysts expect Hudson Technologies, Inc. (NASDAQ:HDSN) to post earnings per share of $0.02 for the current quarter, according to Zacks. Three analysts have issued estimates for Hudson Technologies’ earnings. Hudson Technologies posted earnings of $0.13 per share in the same quarter last year, which suggests a negative year over year growth rate of 84.6%. The firm is expected to announce its next earnings report after the market closes on Wednesday, May 9th.

According to Zacks, analysts expect that Hudson Technologies will report full-year earnings of $0.40 per share for the current financial year. For the next financial year, analysts expect that the company will post earnings of $0.52 per share, with EPS estimates ranging from $0.51 to $0.52. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of research analysts that follow Hudson Technologies.

Hudson Technologies (NASDAQ:HDSN) last announced its earnings results on Wednesday, March 7th. The industrial products company reported ($0.06) earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.09) by $0.03. Hudson Technologies had a net margin of 7.95% and a return on equity of 11.97%. The business had revenue of $24.60 million for the quarter, compared to analyst estimates of $17.02 million. During the same quarter in the previous year, the firm posted ($0.05) earnings per share. Hudson Technologies’s revenue was up 215.4% compared to the same quarter last year.



A number of equities research analysts have weighed in on the stock. TheStreet downgraded shares of Hudson Technologies from a “b-” rating to a “c+” rating in a research note on Thursday, March 29th. ValuEngine downgraded shares of Hudson Technologies from a “hold” rating to a “sell” rating in a research note on Thursday, April 19th. BidaskClub downgraded shares of Hudson Technologies from a “sell” rating to a “strong sell” rating in a research note on Wednesday, February 28th. B. Riley decreased their price target on shares of Hudson Technologies from $7.50 to $6.50 and set a “neutral” rating on the stock in a research note on Tuesday, March 6th. Finally, William Blair reiterated an “outperform” rating on shares of Hudson Technologies in a research note on Thursday, March 8th. One research analyst has rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $7.75.

In other Hudson Technologies news, CEO Kevin J. Zugibe purchased 5,000 shares of the firm’s stock in a transaction on Thursday, March 15th. The shares were purchased at an average price of $5.51 per share, for a total transaction of $27,550.00. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Insiders have acquired 8,000 shares of company stock worth $44,070 in the last quarter. Corporate insiders own 18.90% of the company’s stock.

Several large investors have recently modified their holdings of HDSN. Dimensional Fund Advisors LP boosted its stake in shares of Hudson Technologies by 19.9% in the 3rd quarter. Dimensional Fund Advisors LP now owns 2,051,235 shares of the industrial products company’s stock valued at $16,020,000 after purchasing an additional 340,455 shares in the last quarter. DnB Asset Management AS boosted its stake in shares of Hudson Technologies by 193.9% in the 4th quarter. DnB Asset Management AS now owns 2,735,040 shares of the industrial products company’s stock valued at $16,602,000 after purchasing an additional 1,804,316 shares in the last quarter. Thompson Davis & CO. Inc. boosted its stake in shares of Hudson Technologies by 48.2% in the 4th quarter. Thompson Davis & CO. Inc. now owns 48,391 shares of the industrial products company’s stock valued at $294,000 after purchasing an additional 15,730 shares in the last quarter. Investment Management of Virginia LLC boosted its stake in shares of Hudson Technologies by 68.4% in the 4th quarter. Investment Management of Virginia LLC now owns 222,664 shares of the industrial products company’s stock valued at $1,352,000 after purchasing an additional 90,421 shares in the last quarter. Finally, Suntrust Banks Inc. acquired a new stake in shares of Hudson Technologies in the 4th quarter valued at $182,000. Institutional investors own 77.47% of the company’s stock.

HDSN traded down $0.30 during trading on Friday, reaching $3.69. 389,008 shares of the company’s stock were exchanged, compared to its average volume of 368,612. Hudson Technologies has a fifty-two week low of $3.68 and a fifty-two week high of $10.40. The company has a debt-to-equity ratio of 0.82, a current ratio of 2.19 and a quick ratio of 0.38. The company has a market capitalization of $189.12, a P/E ratio of 7.89, a P/E/G ratio of 0.45 and a beta of 1.25.

Hudson Technologies Company Profile

Hudson Technologies Inc operates as a refrigerant services company in the United States and internationally. It sells reclaimed and virgin refrigerants, and industrial gases; provides refrigerant management services, such as reclamation of refrigerants and laboratory testing, as well as re-usable cylinder refurbishment and hydrostatic testing.

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