B. Riley Forecasts Reduced Earnings for Hudson Technologies

Hudson Technologies, Inc. (NASDAQ:HDSN - Free Report) - Analysts at B. Riley decreased their FY2025 earnings per share estimates for shares of Hudson Technologies in a research report issued on Tuesday, November 5th. B. Riley analyst J. Nichols now anticipates that the industrial products company will post earnings per share of $0.42 for the year, down from their previous forecast of $0.69. B. Riley has a "Neutral" rating and a $7.25 price target on the stock. The consensus estimate for Hudson Technologies' current full-year earnings is $0.58 per share.

Hudson Technologies (NASDAQ:HDSN - Get Free Report) last issued its quarterly earnings results on Monday, November 4th. The industrial products company reported $0.17 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.16 by $0.01. The firm had revenue of $61.94 million during the quarter, compared to analyst estimates of $64.92 million. Hudson Technologies had a return on equity of 12.94% and a net margin of 12.49%. During the same period last year, the company posted $0.34 EPS.

Other research analysts also recently issued reports about the stock. Craig Hallum downgraded shares of Hudson Technologies from a "buy" rating to a "hold" rating and dropped their target price for the stock from $10.00 to $7.00 in a research report on Tuesday. Canaccord Genuity Group cut their price target on Hudson Technologies from $8.75 to $8.00 and set a "hold" rating for the company in a research note on Tuesday. Roth Mkm lowered shares of Hudson Technologies from a "buy" rating to a "neutral" rating and reduced their price objective for the company from $12.00 to $7.00 in a research note on Tuesday. Finally, Roth Capital cut Hudson Technologies from a "strong-buy" rating to a "hold" rating in a research report on Tuesday. Six equities research analysts have rated the stock with a hold rating, According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $7.85.

Hudson Technologies Price Performance

Shares of NASDAQ:HDSN traded down $0.02 on Thursday, reaching $5.86. 788,686 shares of the company traded hands, compared to its average volume of 478,001. The company's 50 day moving average is $7.89 and its 200-day moving average is $8.56. The stock has a market capitalization of $266.75 million, a PE ratio of 9.05, a P/E/G ratio of 0.43 and a beta of 1.22. Hudson Technologies has a fifty-two week low of $5.35 and a fifty-two week high of $15.24.

Institutional Trading of Hudson Technologies

A number of hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. raised its position in shares of Hudson Technologies by 1.7% during the first quarter. Vanguard Group Inc. now owns 2,280,462 shares of the industrial products company's stock valued at $25,108,000 after buying an additional 37,158 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in Hudson Technologies by 22.0% in the 2nd quarter. Dimensional Fund Advisors LP now owns 2,019,067 shares of the industrial products company's stock valued at $17,747,000 after acquiring an additional 364,117 shares in the last quarter. New South Capital Management Inc. lifted its position in shares of Hudson Technologies by 2.1% in the 3rd quarter. New South Capital Management Inc. now owns 1,343,172 shares of the industrial products company's stock worth $11,202,000 after acquiring an additional 27,576 shares during the period. Sixth Street Partners Management Company L.P. grew its holdings in shares of Hudson Technologies by 30.0% during the 2nd quarter. Sixth Street Partners Management Company L.P. now owns 1,300,000 shares of the industrial products company's stock worth $11,427,000 after purchasing an additional 300,000 shares in the last quarter. Finally, Foundry Partners LLC increased its position in shares of Hudson Technologies by 39.3% during the second quarter. Foundry Partners LLC now owns 941,923 shares of the industrial products company's stock valued at $8,280,000 after purchasing an additional 265,825 shares during the period. 71.34% of the stock is owned by institutional investors.

Hudson Technologies Company Profile

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.