Hudson Technologies, Inc. (NASDAQ:HDSN – Free Report) – B. Riley dropped their FY2025 earnings per share estimates for Hudson Technologies in a research report issued to clients and investors on Tuesday, November 5th. B. Riley analyst J. Nichols now anticipates that the industrial products company will post earnings of $0.42 per share for the year, down from their previous estimate of $0.69. B. Riley has a “Neutral” rating and a $7.25 price objective on the stock. The consensus estimate for Hudson Technologies’ current full-year earnings is $0.58 per share.
Hudson Technologies (NASDAQ:HDSN – Get Free Report) last posted its quarterly earnings data on Monday, November 4th. The industrial products company reported $0.17 earnings per share for the quarter, topping the consensus estimate of $0.16 by $0.01. Hudson Technologies had a return on equity of 12.94% and a net margin of 12.49%. The business had revenue of $61.94 million for the quarter, compared to analysts’ expectations of $64.92 million. During the same quarter in the previous year, the firm earned $0.34 earnings per share.
Read Our Latest Research Report on HDSN
Hudson Technologies Price Performance
Shares of NASDAQ HDSN opened at $5.88 on Thursday. Hudson Technologies has a one year low of $5.35 and a one year high of $15.24. The business’s fifty day moving average price is $7.89 and its 200-day moving average price is $8.56. The stock has a market capitalization of $267.66 million, a PE ratio of 9.05, a P/E/G ratio of 0.43 and a beta of 1.22.
Institutional Trading of Hudson Technologies
A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Koss Olinger Consulting LLC raised its stake in shares of Hudson Technologies by 3.6% during the 3rd quarter. Koss Olinger Consulting LLC now owns 44,003 shares of the industrial products company’s stock valued at $367,000 after purchasing an additional 1,513 shares during the period. Rhumbline Advisers raised its stake in shares of Hudson Technologies by 2.6% during the 2nd quarter. Rhumbline Advisers now owns 70,982 shares of the industrial products company’s stock valued at $624,000 after purchasing an additional 1,770 shares during the period. Sequoia Financial Advisors LLC raised its stake in shares of Hudson Technologies by 20.2% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 13,700 shares of the industrial products company’s stock valued at $120,000 after purchasing an additional 2,300 shares during the period. ClariVest Asset Management LLC increased its stake in Hudson Technologies by 2.8% in the 2nd quarter. ClariVest Asset Management LLC now owns 93,584 shares of the industrial products company’s stock worth $823,000 after acquiring an additional 2,555 shares during the last quarter. Finally, Principal Financial Group Inc. increased its stake in Hudson Technologies by 10.3% in the 2nd quarter. Principal Financial Group Inc. now owns 28,736 shares of the industrial products company’s stock worth $253,000 after acquiring an additional 2,673 shares during the last quarter. 71.34% of the stock is currently owned by institutional investors.
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.
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