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

StockNews.com began coverage on shares of Hudson Global (NASDAQ:HSON) in a report released on Wednesday morning. The brokerage issued a strong-buy rating on the business services provider’s stock.

Hudson Global Stock Performance

NASDAQ:HSON opened at $14.76 on Wednesday. The firm has a market cap of $40.66 million, a PE ratio of -39.89 and a beta of 0.58. Hudson Global has a fifty-two week low of $13.38 and a fifty-two week high of $20.25. The business has a 50 day moving average price of $17.50 and a 200-day moving average price of $16.83.

Hudson Global (NASDAQ:HSON) last released its quarterly earnings data on Thursday, August 8th. The business services provider reported $0.04 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.07) by $0.11. The firm had revenue of $35.71 million during the quarter, compared to analyst estimates of $35.03 million. Hudson Global had a negative return on equity of 2.60% and a negative net margin of 1.45%. Research analysts predict that Hudson Global will post -0.03 EPS for the current year.

Institutional Trading of Hudson Global

An institutional investor recently bought a new position in Hudson Global stock. Victory Capital Management Inc. purchased a new position in Hudson Global, Inc. (NASDAQ:HSON) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 3,263 shares of the business services provider’s stock, valued at approximately $51,000. Victory Capital Management Inc. owned 0.12% of Hudson Global as of its most recent SEC filing. 47.23% of the stock is owned by institutional investors.

Hudson Global Company Profile

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.