Hudson Technologies (HDSN) Set to Announce Earnings on Monday

Hudson Technologies (NASDAQ:HDSN) is scheduled to be announcing its earnings results after the market closes on Monday, November 4th. Analysts expect the company to announce earnings of $0.16 per share for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.

Hudson Technologies (NASDAQ:HDSN) last issued its quarterly earnings data on Tuesday, August 6th. The industrial products company reported $0.20 EPS for the quarter, missing the consensus estimate of $0.25 by ($0.05). Hudson Technologies had a return on equity of 16.65% and a net margin of 14.00%. The company had revenue of $75.28 million during the quarter, compared to analyst estimates of $78.63 million. During the same quarter in the prior year, the company posted $0.41 earnings per share. On average, analysts expect Hudson Technologies to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Hudson Technologies Stock Performance

Hudson Technologies stock opened at $8.16 on Monday. The firm has a 50 day moving average price of $8.03 and a 200 day moving average price of $8.72. Hudson Technologies has a fifty-two week low of $6.94 and a fifty-two week high of $15.24. The company has a market capitalization of $371.37 million, a PE ratio of 8.33, a price-to-earnings-growth ratio of 0.46 and a beta of 1.20.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the company. Craig Hallum cut their price objective on Hudson Technologies from $13.00 to $10.00 and set a “buy” rating on the stock in a report on Wednesday, August 7th. B. Riley cut their price target on shares of Hudson Technologies from $13.00 to $10.00 and set a “buy” rating on the stock in a research note on Wednesday, August 7th. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat, Hudson Technologies currently has an average rating of “Moderate Buy” and a consensus target price of $10.60.

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.