Equities analysts expect that Hudson Technologies, Inc. (NASDAQ:HDSN) will report ($0.09) earnings per share (EPS) for the current quarter, according to Zacks. Three analysts have made estimates for Hudson Technologies’ earnings, with estimates ranging from ($0.11) to ($0.07). Hudson Technologies reported earnings of ($0.05) per share during the same quarter last year, which indicates a negative year over year growth rate of 80%. The firm is scheduled to announce its next quarterly earnings report on Wednesday, March 7th.

On average, analysts expect that Hudson Technologies will report full year earnings of $0.30 per share for the current year, with EPS estimates ranging from $0.28 to $0.31. For the next year, analysts expect that the company will report earnings of $0.42 per share, with EPS estimates ranging from $0.37 to $0.51. Zacks’ EPS averages are an average based on a survey of sell-side analysts that follow Hudson Technologies.

Hudson Technologies (NASDAQ:HDSN) last announced its quarterly earnings data on Wednesday, November 8th. The industrial products company reported $0.05 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.03 by $0.02. Hudson Technologies had a net margin of 11.69% and a return on equity of 12.58%. The company had revenue of $24.70 million for the quarter, compared to the consensus estimate of $25.00 million. During the same period in the prior year, the firm posted $0.14 EPS. Hudson Technologies’s revenue for the quarter was down 29.2% on a year-over-year basis.

Several brokerages recently commented on HDSN. B. Riley downgraded shares of Hudson Technologies to a “neutral” rating and set a $10.00 price objective on the stock. in a research report on Wednesday, August 16th. ValuEngine raised shares of Hudson Technologies from a “hold” rating to a “buy” rating in a research report on Friday, September 1st. Zacks Investment Research downgraded shares of Hudson Technologies from a “hold” rating to a “sell” rating in a research report on Wednesday, October 11th. Finally, Roth Capital set a $11.00 price objective on shares of Hudson Technologies and gave the company a “buy” rating in a research report on Thursday, October 5th. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and one has issued a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $9.25.

Shares of Hudson Technologies (NASDAQ:HDSN) opened at $5.91 on Thursday. Hudson Technologies has a 1 year low of $5.40 and a 1 year high of $10.40. The company has a market cap of $235.42, a PE ratio of 16.00, a P/E/G ratio of 0.76 and a beta of 1.06.

Several hedge funds and other institutional investors have recently made changes to their positions in HDSN. Vanguard Group Inc. boosted its holdings in shares of Hudson Technologies by 12.5% during the 1st quarter. Vanguard Group Inc. now owns 1,257,194 shares of the industrial products company’s stock valued at $8,297,000 after acquiring an additional 139,235 shares during the last quarter. Geode Capital Management LLC boosted its holdings in shares of Hudson Technologies by 4.0% during the 1st quarter. Geode Capital Management LLC now owns 227,825 shares of the industrial products company’s stock valued at $1,503,000 after acquiring an additional 8,805 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in shares of Hudson Technologies by 33.7% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,442,918 shares of the industrial products company’s stock valued at $9,523,000 after acquiring an additional 363,346 shares during the last quarter. Municipal Employees Retirement System of Michigan purchased a new stake in shares of Hudson Technologies during the 2nd quarter valued at about $339,000. Finally, Trexquant Investment LP purchased a new stake in shares of Hudson Technologies during the 2nd quarter valued at about $143,000. 76.08% of the stock is currently owned by hedge funds and other institutional investors.

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About Hudson Technologies

Hudson Technologies, Inc is a refrigerant services company. The Company’s products and services are primarily used in commercial air conditioning, industrial processing and refrigeration systems, and include refrigerant and industrial gas sales, refrigerant management services consisting primarily of reclamation of refrigerants and RefrigerantSide Services performed at a customer’s site, consisting of system decontamination to remove moisture, oils and other contaminants.

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Earnings History and Estimates for Hudson Technologies (NASDAQ:HDSN)

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