B. Riley Lowers Earnings Estimates for Hudson Technologies

Hudson Technologies, Inc. (NASDAQ:HDSN) – B. Riley dropped their FY2025 EPS estimates for Hudson Technologies in a report released on Tuesday, November 5th. B. Riley analyst J. Nichols now forecasts that the industrial products company will earn $0.42 per share for the year, down from their prior forecast of $0.69. B. Riley currently has a “Neutral” rating and a $7.25 target price on the stock. The consensus estimate for Hudson Technologies’ current full-year earnings is $0.58 per share.

Hudson Technologies (NASDAQ:HDSN) last announced its quarterly earnings data on Monday, November 4th. The industrial products company reported $0.17 EPS for the quarter, beating the consensus estimate of $0.16 by $0.01. Hudson Technologies had a return on equity of 12.94% and a net margin of 12.49%. The business had revenue of $61.94 million for the quarter, compared to the consensus estimate of $64.92 million. During the same period in the previous year, the business earned $0.34 earnings per share.

HDSN has been the topic of several other research reports. Craig Hallum downgraded shares of Hudson Technologies from a “buy” rating to a “hold” rating and lowered their target price for the stock from $10.00 to $7.00 in a report on Tuesday. Roth Capital cut shares of Hudson Technologies from a “strong-buy” rating to a “hold” rating in a research note on Tuesday. Canaccord Genuity Group dropped their price objective on shares of Hudson Technologies from $8.75 to $8.00 and set a “hold” rating for the company in a report on Tuesday. Finally, Roth Mkm cut Hudson Technologies from a “buy” rating to a “neutral” rating and reduced their target price for the stock from $12.00 to $7.00 in a report on Tuesday. Six investment analysts have rated the stock with a hold rating, According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $7.85.

Hudson Technologies Trading Up 1.2 %

NASDAQ HDSN opened at $5.90 on Thursday. Hudson Technologies has a 12 month low of $5.35 and a 12 month high of $15.24. The stock has a market cap of $268.58 million, a PE ratio of 9.08, a P/E/G ratio of 0.43 and a beta of 1.22. The stock’s 50 day moving average is $7.80 and its 200 day moving average is $8.51.

Hedge Funds Weigh In On Hudson Technologies

Institutional investors and hedge funds have recently made changes to their positions in the business. nVerses Capital LLC bought a new position in shares of Hudson Technologies in the 3rd quarter valued at about $28,000. Point72 DIFC Ltd bought a new stake in shares of Hudson Technologies in the 2nd quarter valued at approximately $55,000. Quest Partners LLC boosted its holdings in shares of Hudson Technologies by 121.5% in the 2nd quarter. Quest Partners LLC now owns 7,905 shares of the industrial products company’s stock worth $69,000 after purchasing an additional 4,336 shares during the period. Intech Investment Management LLC bought a new position in shares of Hudson Technologies during the 3rd quarter valued at approximately $88,000. Finally, Bleakley Financial Group LLC purchased a new stake in Hudson Technologies during the 3rd quarter valued at $96,000. 71.34% of the stock is owned by hedge funds and other institutional investors.

About Hudson Technologies

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.