Hudson Technologies (HDSN) Scheduled to Post Earnings on Monday

Hudson Technologies (NASDAQ:HDSN) is scheduled to issue its quarterly earnings data after the market closes on Monday, November 4th. Analysts expect the company to announce earnings of $0.16 per share for the quarter. Parties interested in participating in the company’s conference call can do so using this link.

Hudson Technologies (NASDAQ:HDSN) last announced its quarterly earnings data on Tuesday, August 6th. The industrial products company reported $0.20 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 analyst estimates of $78.63 million. Hudson Technologies had a net margin of 14.00% and a return on equity of 16.65%. During the same quarter last year, the company posted $0.41 EPS. 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 Down 3.3 %

Shares of NASDAQ HDSN opened at $7.42 on Friday. The stock’s fifty day simple moving average is $8.01 and its 200 day simple moving average is $8.67. The stock has a market capitalization of $337.76 million, a price-to-earnings ratio of 9.64, a PEG ratio of 0.43 and a beta of 1.20. Hudson Technologies has a 52-week low of $6.94 and a 52-week high of $15.24.

Wall Street Analysts Forecast Growth

A number of research firms have commented on HDSN. Craig Hallum reduced 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. B. Riley lowered shares of Hudson Technologies from a “buy” rating to a “neutral” rating and cut their price target for the company from $10.00 to $8.50 in a report on Wednesday. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to MarketBeat, Hudson Technologies currently has a consensus rating of “Hold” and a consensus target price of $10.30.

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.