Research Analysts Issue Forecasts for HDSN FY2025 Earnings

Hudson Technologies, Inc. (NASDAQ:HDSN) – Stock analysts at B. Riley dropped their FY2025 EPS estimates for shares of Hudson Technologies in a research note issued on Wednesday, October 30th. B. Riley analyst J. Nichols now forecasts that the industrial products company will post earnings per share of $0.69 for the year, down from their prior estimate of $0.78. B. Riley has a “Neutral” rating and a $8.50 price target on the stock. The consensus estimate for Hudson Technologies’ current full-year earnings is $0.58 per share.

Separately, Craig Hallum dropped their target price on shares of Hudson Technologies from $13.00 to $10.00 and set a “buy” rating for the company in a report on Wednesday, August 7th. Three analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $10.30.

Hudson Technologies Stock Performance

NASDAQ HDSN opened at $7.67 on Thursday. The business has a fifty day moving average price of $8.02 and a 200 day moving average price of $8.68. The company has a market cap of $349.15 million, a P/E ratio of 9.96, a P/E/G ratio of 0.46 and a beta of 1.20. Hudson Technologies has a one year low of $6.94 and a one year high of $15.24.

Hudson Technologies (NASDAQ:HDSN) last released its earnings results on Tuesday, August 6th. The industrial products company reported $0.20 earnings per share for the quarter, missing the consensus estimate of $0.25 by ($0.05). The firm had revenue of $75.28 million during the quarter, compared to analysts’ expectations of $78.63 million. Hudson Technologies had a net margin of 14.00% and a return on equity of 16.65%. During the same quarter last year, the business earned $0.41 EPS.

Hedge Funds Weigh In On Hudson Technologies

Institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. grew its holdings in Hudson Technologies by 1.7% in the 1st quarter. Vanguard Group Inc. now owns 2,280,462 shares of the industrial products company’s stock valued at $25,108,000 after buying an additional 37,158 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of Hudson Technologies by 22.0% in the second quarter. Dimensional Fund Advisors LP now owns 2,019,067 shares of the industrial products company’s stock valued at $17,747,000 after purchasing an additional 364,117 shares during the period. New South Capital Management Inc. acquired a new stake in Hudson Technologies during the second quarter worth about $11,564,000. Sixth Street Partners Management Company L.P. raised its stake in Hudson Technologies by 30.0% during the second quarter. Sixth Street Partners Management Company L.P. now owns 1,300,000 shares of the industrial products company’s stock worth $11,427,000 after purchasing an additional 300,000 shares during the period. Finally, Foundry Partners LLC raised its stake in Hudson Technologies by 39.3% during the second quarter. Foundry Partners LLC now owns 941,923 shares of the industrial products company’s stock worth $8,280,000 after purchasing an additional 265,825 shares during the period. 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.