Hudson Global (NASDAQ:HSON) Earns Strong-Buy Rating from Analysts at StockNews.com

Stock analysts at StockNews.com initiated coverage on shares of Hudson Global (NASDAQ:HSON) in a report released on Saturday. The firm set a “strong-buy” rating on the business services provider’s stock.

Hudson Global Price Performance

HSON stock opened at $16.89 on Friday. The business has a 50-day moving average price of $16.13 and a 200 day moving average price of $15.92. The company has a market capitalization of $47.63 million, a P/E ratio of 24.48, a PEG ratio of 0.49 and a beta of 0.61. Hudson Global has a 1-year low of $13.38 and a 1-year high of $24.00.

Hudson Global (NASDAQ:HSON) last announced its earnings results on Thursday, March 14th. The business services provider reported $0.04 EPS for the quarter. The business had revenue of $33.97 million during the quarter, compared to the consensus estimate of $38.02 million. Hudson Global had a net margin of 1.36% and a return on equity of 5.71%. On average, analysts anticipate that Hudson Global will post 1.73 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Hudson Global

A hedge fund recently bought a new stake in Hudson Global stock. Victory Capital Management Inc. acquired a new stake in shares of Hudson Global, Inc. (NASDAQ:HSON) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 3,263 shares of the business services provider’s stock, valued at approximately $51,000. Victory Capital Management Inc. owned approximately 0.12% of Hudson Global as of its most recent SEC filing. 47.23% of the stock is owned by institutional investors and hedge funds.

About Hudson Global

Hudson Global, Inc provides talent solutions for mid-to-large-cap multinational companies and government agencies under the Hudson RPO brand in the Americas, the Asia Pacific, and Europe. It offers recruitment process outsourcing (RPO) services, such as recruitment outsourcing, project-based outsourcing, contingent workforce solutions, and recruitment consulting for clients' permanent staff hires; and RPO contracting services, including outsourced professional contract staffing and managed services.