B. Riley Predicts Lower Earnings for Hudson Technologies

Hudson Technologies, Inc. (NASDAQ:HDSN - Free Report) - Investment analysts at B. Riley cut their FY2025 earnings per share estimates for shares of Hudson Technologies in a report issued on Wednesday, October 30th. B. Riley analyst J. Nichols now forecasts that the industrial products company will post earnings of $0.69 per share for the year, down from their prior estimate of $0.78. B. Riley has a "Neutral" rating and a $8.50 price objective on the stock. The consensus estimate for Hudson Technologies' current full-year earnings is $0.58 per share.

Separately, Craig Hallum lowered their target price on shares of Hudson Technologies from $13.00 to $10.00 and set a "buy" rating on the stock in a research report on Wednesday, August 7th. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Hold" and an average price target of $10.30.

Hudson Technologies Trading Up 0.5 %

Shares of NASDAQ:HDSN traded up $0.04 on Thursday, reaching $7.67. 395,989 shares of the company were exchanged, compared to its average volume of 455,219. Hudson Technologies has a 1-year low of $6.94 and a 1-year high of $15.24. The company has a 50-day moving average of $8.02 and a 200-day moving average of $8.68. The firm has a market cap of $349.15 million, a price-to-earnings ratio of 9.96, a price-to-earnings-growth ratio of 0.46 and a beta of 1.20.

Hudson Technologies (NASDAQ:HDSN - Get Free Report) last announced its quarterly earnings data on Tuesday, August 6th. The industrial products company reported $0.20 earnings per share for the quarter, missing analysts' consensus estimates of $0.25 by ($0.05). Hudson Technologies had a return on equity of 16.65% and a net margin of 14.00%. The business had revenue of $75.28 million for the quarter, compared to analyst estimates of $78.63 million. During the same period in the prior year, the company earned $0.41 EPS.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. nVerses Capital LLC acquired a new position in Hudson Technologies during the third quarter worth about $28,000. Point72 DIFC Ltd acquired a new stake in shares of Hudson Technologies in the second quarter valued at approximately $55,000. Quest Partners LLC grew its position in shares of Hudson Technologies by 121.5% in the second quarter. Quest Partners LLC now owns 7,905 shares of the industrial products company's stock valued at $69,000 after purchasing an additional 4,336 shares during the last quarter. Virtu Financial LLC acquired a new stake in shares of Hudson Technologies in the first quarter valued at approximately $114,000. Finally, Sequoia Financial Advisors LLC acquired a new stake in shares of Hudson Technologies in the first quarter valued at approximately $126,000. 71.34% of the stock is currently owned by institutional investors and hedge funds.

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.