Hudson Technologies (HDSN) Set to Announce Quarterly Earnings on Monday

Hudson Technologies (NASDAQ:HDSN - Get Free Report) is scheduled to be posting its quarterly earnings results after the market closes on Monday, November 4th. Analysts expect Hudson Technologies to post earnings of $0.16 per share for the quarter. Individual that wish to register for the company's earnings conference call can do so using this link.

Hudson Technologies (NASDAQ:HDSN - Get Free Report) last issued its earnings results on Tuesday, August 6th. The industrial products company reported $0.20 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.25 by ($0.05). The company had revenue of $75.28 million for the quarter, compared to analysts' expectations of $78.63 million. Hudson Technologies had a net margin of 14.00% and a return on equity of 16.65%. During the same period in the prior year, the firm 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 Up 1.6 %

HDSN stock traded up $0.13 during trading on Monday, hitting $8.29. The company had a trading volume of 211,081 shares, compared to its average volume of 455,473. The company has a 50 day simple moving average of $8.03 and a 200-day simple moving average of $8.70. Hudson Technologies has a 52-week low of $6.94 and a 52-week high of $15.24. The firm has a market capitalization of $377.29 million, a P/E ratio of 8.46, a PEG ratio of 0.46 and a beta of 1.20.

Analysts Set New Price Targets

Several equities research analysts have weighed in on HDSN shares. Craig Hallum lowered their target price on Hudson Technologies from $13.00 to $10.00 and set a "buy" rating for the company in a report on Wednesday, August 7th. B. Riley lowered their price objective on shares of Hudson Technologies from $13.00 to $10.00 and set a "buy" rating for the company in a research note on Wednesday, August 7th. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $10.60.

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.