Hudson Technologies, Inc. (NASDAQ:HDSN – Get Free Report) has received a consensus recommendation of “Hold” from the six brokerages that are currently covering the stock, Marketbeat reports. Six equities research analysts have rated the stock with a hold recommendation. The average 12-month target price among analysts that have issued ratings on the stock in the last year is $7.85.
A number of analysts have recently commented on the company. B. Riley restated a “neutral” rating and issued a $7.25 target price (down previously from $8.50) on shares of Hudson Technologies in a research note on Tuesday, November 5th. Roth Mkm cut shares of Hudson Technologies from a “buy” rating to a “neutral” rating and decreased their target price for the company from $12.00 to $7.00 in a research note on Tuesday, November 5th. Roth Capital lowered shares of Hudson Technologies from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 5th. Craig Hallum downgraded shares of Hudson Technologies from a “buy” rating to a “hold” rating and decreased their price objective for the stock from $10.00 to $7.00 in a research report on Tuesday, November 5th. Finally, Canaccord Genuity Group dropped their target price on Hudson Technologies from $8.75 to $8.00 and set a “hold” rating on the stock in a research report on Tuesday, November 5th.
Check Out Our Latest Research Report on Hudson Technologies
Institutional Investors Weigh In On Hudson Technologies
Hudson Technologies Stock Performance
Shares of HDSN stock opened at $5.90 on Monday. Hudson Technologies has a fifty-two week low of $5.17 and a fifty-two week high of $15.24. The firm has a market capitalization of $266.67 million, a PE ratio of 9.08, a P/E/G ratio of 0.49 and a beta of 1.11. The stock’s 50-day simple moving average is $5.78 and its 200-day simple moving average is $7.19.
Hudson Technologies (NASDAQ:HDSN – Get Free Report) last posted its quarterly earnings results on Monday, November 4th. The industrial products company reported $0.17 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.16 by $0.01. The company had revenue of $61.94 million during the quarter, compared to analyst estimates of $64.92 million. Hudson Technologies had a net margin of 12.49% and a return on equity of 12.74%. During the same period last year, the firm posted $0.34 EPS. Sell-side analysts forecast that Hudson Technologies will post 0.55 earnings per share for the current year.
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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