FY2025 Earnings Forecast for Hudson Technologies, Inc. Issued By B. Riley (NASDAQ:HDSN)

Hudson Technologies, Inc. (NASDAQ:HDSN) – Equities researchers at B. Riley lowered their FY2025 earnings per share estimates for Hudson Technologies in a research report issued on Thursday, May 2nd. B. Riley analyst J. Nichols now anticipates that the industrial products company will post earnings of $0.90 per share for the year, down from their prior estimate of $1.14. B. Riley has a “Buy” rating and a $16.00 price objective on the stock. The consensus estimate for Hudson Technologies’ current full-year earnings is $0.74 per share.

Several other research analysts have also issued reports on HDSN. Canaccord Genuity Group reiterated a “hold” rating and issued a $10.00 price target (down previously from $15.00) on shares of Hudson Technologies in a report on Thursday. Craig Hallum reduced their price target on shares of Hudson Technologies from $16.00 to $13.00 and set a “buy” rating for the company in a research report on Thursday. Canaccord Genuity Group downgraded shares of Hudson Technologies from a “buy” rating to a “hold” rating and lowered their price objective for the stock from $15.00 to $10.00 in a report on Thursday. Finally, Roth Mkm decreased their target price on shares of Hudson Technologies from $14.00 to $13.00 and set a “buy” rating for the company in a research report on Wednesday, May 1st. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $12.40.

Hudson Technologies Price Performance

HDSN stock opened at $9.13 on Monday. Hudson Technologies has a 1 year low of $7.21 and a 1 year high of $15.24. The stock has a market capitalization of $415.51 million, a PE ratio of 9.32, a price-to-earnings-growth ratio of 0.41 and a beta of 1.00. The company’s 50-day moving average is $11.48 and its 200-day moving average is $12.48.

Hudson Technologies (NASDAQ:HDSN) last released its earnings results on Wednesday, May 1st. The industrial products company reported $0.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.19 by $0.01. Hudson Technologies had a net margin of 16.70% and a return on equity of 22.00%. The company had revenue of $65.25 million for the quarter, compared to the consensus estimate of $63.04 million. During the same quarter in the previous year, the company earned $0.33 EPS.

Hedge Funds Weigh In On Hudson Technologies

A number of hedge funds have recently bought and sold shares of the company. Dimensional Fund Advisors LP lifted its position in shares of Hudson Technologies by 2.0% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,574,769 shares of the industrial products company’s stock valued at $21,243,000 after purchasing an additional 30,217 shares in the last quarter. Sixth Street Partners Management Company L.P. lifted its position in shares of Hudson Technologies by 53.1% during the 3rd quarter. Sixth Street Partners Management Company L.P. now owns 995,000 shares of the industrial products company’s stock worth $13,234,000 after buying an additional 345,000 shares in the last quarter. RK Capital Management LLC boosted its stake in shares of Hudson Technologies by 3.8% in the 4th quarter. RK Capital Management LLC now owns 498,300 shares of the industrial products company’s stock worth $6,722,000 after buying an additional 18,400 shares during the last quarter. Soviero Asset Management LP grew its holdings in shares of Hudson Technologies by 4.1% in the fourth quarter. Soviero Asset Management LP now owns 380,000 shares of the industrial products company’s stock valued at $5,126,000 after acquiring an additional 14,900 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC increased its position in shares of Hudson Technologies by 39.4% during the first quarter. Allspring Global Investments Holdings LLC now owns 355,918 shares of the industrial products company’s stock valued at $3,919,000 after acquiring an additional 100,613 shares during the last quarter. 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.