Analysts expect Hudson Technologies, Inc. (NASDAQ:HDSN) to post earnings of ($0.10) per share for the current fiscal quarter, according to Zacks Investment Research. Two analysts have provided estimates for Hudson Technologies’ earnings. Hudson Technologies reported earnings of ($0.02) per share during the same quarter last year, which indicates a negative year over year growth rate of 400%. The business is scheduled to announce its next quarterly earnings report on Wednesday, May 8th.

According to Zacks, analysts expect that Hudson Technologies will report full year earnings of ($0.06) per share for the current year, with EPS estimates ranging from ($0.08) to ($0.03). For the next financial year, analysts forecast that the firm will report earnings of $0.25 per share. Zacks’ EPS averages are a mean average based on a survey of sell-side research analysts that follow Hudson Technologies.

A number of brokerages have issued reports on HDSN. TheStreet cut shares of Hudson Technologies from a “c-” rating to a “d” rating in a report on Tuesday, December 4th. Zacks Investment Research cut shares of Hudson Technologies from a “hold” rating to a “strong sell” rating in a report on Thursday, March 7th. Finally, ValuEngine raised shares of Hudson Technologies from a “sell” rating to a “hold” rating in a report on Friday, December 7th. One research analyst has rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $4.00.

A number of institutional investors have recently modified their holdings of the business. Vanguard Group Inc increased its holdings in Hudson Technologies by 1.2% in the third quarter. Vanguard Group Inc now owns 1,597,854 shares of the industrial products company’s stock valued at $2,045,000 after buying an additional 18,319 shares in the last quarter. Marathon Capital Management increased its holdings in Hudson Technologies by 8.2% in the third quarter. Marathon Capital Management now owns 895,975 shares of the industrial products company’s stock valued at $1,146,000 after buying an additional 67,900 shares in the last quarter. Bank of New York Mellon Corp increased its holdings in Hudson Technologies by 276.7% in the fourth quarter. Bank of New York Mellon Corp now owns 96,175 shares of the industrial products company’s stock valued at $86,000 after buying an additional 70,646 shares in the last quarter. Thompson Investment Management Inc. increased its holdings in Hudson Technologies by 55.0% in the fourth quarter. Thompson Investment Management Inc. now owns 225,325 shares of the industrial products company’s stock valued at $201,000 after buying an additional 80,000 shares in the last quarter. Finally, United Services Automobile Association increased its holdings in Hudson Technologies by 39.3% in the third quarter. United Services Automobile Association now owns 769,298 shares of the industrial products company’s stock valued at $985,000 after buying an additional 216,970 shares in the last quarter. 65.53% of the stock is owned by institutional investors.

Hudson Technologies stock traded up $0.03 during mid-day trading on Thursday, reaching $1.90. The company had a trading volume of 193,300 shares, compared to its average volume of 259,206. Hudson Technologies has a 1 year low of $0.70 and a 1 year high of $5.54. The company has a current ratio of 2.09, a quick ratio of 0.44 and a debt-to-equity ratio of 1.30. The stock has a market cap of $79.24 million, a PE ratio of -8.26 and a beta of 1.92.

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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