Headlines about Hudson Technologies (NASDAQ:HDSN) have trended somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies negative and positive news coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Hudson Technologies earned a coverage optimism score of 0.12 on Accern’s scale. Accern also assigned news headlines about the industrial products company an impact score of 46.8094167821959 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Here are some of the news headlines that may have impacted Accern Sentiment’s analysis:
- ETFs with exposure to Hudson Technologies, Inc. : December 5, 2017 (finance.yahoo.com)
- Annual ROTH Industrial Growth and Cleantech Conference – Business Wire (press release) (businesswire.com)
- Hudson Technologies to Attend 5th Annual ROTH Industrial Growth and Cleantech Conference (finance.yahoo.com)
- First Week of HDSN January 2018 Options Trading (stockoptionschannel.com)
- Hudson Technologies, Inc. (HDSN) Given Consensus Rating of “Hold” by Analysts (americanbankingnews.com)
Hudson Technologies (NASDAQ HDSN) traded up $0.12 during trading on Friday, reaching $5.61. 534,267 shares of the company traded hands, compared to its average volume of 455,733. Hudson Technologies has a 12-month low of $5.40 and a 12-month high of $10.40. The stock has a market cap of $230.80, a P/E ratio of 15.69, a price-to-earnings-growth ratio of 0.74 and a beta of 1.06.
Hudson Technologies (NASDAQ:HDSN) last announced its quarterly earnings data on Wednesday, November 8th. The industrial products company reported $0.05 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.03 by $0.02. The company had revenue of $24.70 million during the quarter, compared to analyst estimates of $25.00 million. Hudson Technologies had a net margin of 11.69% and a return on equity of 12.58%. The firm’s revenue for the quarter was down 29.2% compared to the same quarter last year. During the same period last year, the business earned $0.14 EPS. analysts forecast that Hudson Technologies will post 0.3 EPS for the current year.
Several equities research analysts recently issued reports on the stock. B. Riley reaffirmed a “buy” rating and set a $8.50 price target on shares of Hudson Technologies in a research note on Saturday, August 12th. ValuEngine downgraded shares of Hudson Technologies from a “buy” rating to a “hold” rating in a research note on Monday, October 2nd. Zacks Investment Research raised shares of Hudson Technologies from a “sell” rating to a “hold” rating in a research note on Friday, August 11th. Finally, Roth Capital set a $11.00 price target on shares of Hudson Technologies and gave the stock a “buy” rating in a research note on Thursday, October 5th. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and one has issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of $9.25.
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About Hudson Technologies
Hudson Technologies, Inc is a refrigerant services company. The Company’s products and services are primarily used in commercial air conditioning, industrial processing and refrigeration systems, and include refrigerant and industrial gas sales, refrigerant management services consisting primarily of reclamation of refrigerants and RefrigerantSide Services performed at a customer’s site, consisting of system decontamination to remove moisture, oils and other contaminants.
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