Hudson Global (NASDAQ:HSON) Receives New Coverage from Analysts at StockNews.com

StockNews.com began coverage on shares of Hudson Global (NASDAQ:HSON) in a research note published on Friday. The firm issued a strong-buy rating on the business services provider’s stock.

Hudson Global Stock Performance

NASDAQ:HSON opened at $16.51 on Friday. Hudson Global has a 52-week low of $13.38 and a 52-week high of $24.00. The firm has a market cap of $46.56 million, a price-to-earnings ratio of 23.93, a PEG ratio of 0.49 and a beta of 0.61. The business’s fifty day moving average is $15.91 and its 200 day moving average is $15.98.

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

Hedge Funds Weigh In On Hudson Global

Institutional investors have recently added to or reduced their stakes in the business. Mariner LLC purchased a new stake in Hudson Global during the 3rd quarter valued at about $1,563,000. Royal Bank of Canada boosted its holdings in Hudson Global by 42.3% during the 2nd quarter. Royal Bank of Canada now owns 6,261 shares of the business services provider’s stock valued at $134,000 after acquiring an additional 1,861 shares during the period. BlackRock Inc. boosted its holdings in Hudson Global by 1.1% during the 2nd quarter. BlackRock Inc. now owns 62,110 shares of the business services provider’s stock valued at $1,337,000 after acquiring an additional 650 shares during the period. HighTower Advisors LLC boosted its holdings in Hudson Global by 2.3% during the 1st quarter. HighTower Advisors LLC now owns 92,921 shares of the business services provider’s stock valued at $2,069,000 after acquiring an additional 2,103 shares during the period. Finally, Renaissance Technologies LLC lifted its holdings in Hudson Global by 14.0% in the 4th quarter. Renaissance Technologies LLC now owns 98,965 shares of the business services provider’s stock worth $2,240,000 after buying an additional 12,146 shares during the period. 47.23% of the stock is currently owned by institutional investors.

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.