Press coverage about Hudson Technologies (NASDAQ:HDSN) has been trending somewhat positive on Saturday, Accern Sentiment reports. Accern identifies positive and negative press coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Hudson Technologies earned a news impact score of 0.15 on Accern’s scale. Accern also gave news stories about the industrial products company an impact score of 45.5210619822071 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Shares of Hudson Technologies (NASDAQ:HDSN) opened at $6.37 on Friday. The company has a market cap of $267.79, a price-to-earnings ratio of 19.91, a PEG ratio of 0.60 and a beta of 1.06. Hudson Technologies has a 52-week low of $5.40 and a 52-week high of $10.40.
Hudson Technologies (NASDAQ:HDSN) last posted its earnings results on Wednesday, November 8th. The industrial products company reported $0.05 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.03 by $0.02. Hudson Technologies had a net margin of 8.52% and a return on equity of 6.63%. The company had revenue of $24.70 million during the quarter, compared to analysts’ expectations of $25.00 million. During the same period last year, the company posted $0.14 earnings per share. Hudson Technologies’s quarterly revenue was down 29.2% on a year-over-year basis. equities analysts forecast that Hudson Technologies will post 0.3 EPS for the current year.
HDSN has been the topic of a number of recent analyst reports. ValuEngine cut shares of Hudson Technologies from a “buy” rating to a “hold” rating in a report on Monday, October 2nd. B. Riley set a $8.00 price target on shares of Hudson Technologies and gave the stock a “hold” rating in a research report on Wednesday, October 11th. Roth Capital set a $11.00 price target on shares of Hudson Technologies and gave the stock a “buy” rating in a research report on Thursday, October 5th. Finally, Zacks Investment Research downgraded shares of Hudson Technologies from a “hold” rating to a “sell” rating in a research report on Wednesday, October 11th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $9.25.
In other Hudson Technologies news, Director Richard Parrillo acquired 10,000 shares of the company’s stock in a transaction on Friday, December 15th. The stock was acquired at an average cost of $5.80 per share, with a total value of $58,000.00. The purchase was disclosed in a document filed with the SEC, which can be accessed through this link. Company insiders own 18.00% of the company’s stock.
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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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