Media stories about Hudson Technologies (NASDAQ:HDSN) have trended somewhat positive this week, Accern Sentiment reports. The research group scores the sentiment of press coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Hudson Technologies earned a news sentiment score of 0.13 on Accern’s scale. Accern also gave media headlines about the industrial products company an impact score of 47.306469701276 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
These are some of the news stories that may have effected Accern Sentiment’s scoring:
- Hudson Technologies Files Universal Shelf Registration Statement – Business Wire (press release) (businesswire.com)
- Hudson Technologies (HDSN) and The Competition Head to Head Comparison (americanbankingnews.com)
- Hudson Technologies (HDSN) Lowered to “Sell” at ValuEngine (americanbankingnews.com)
- Hudson Technologies (HDSN) & Its Peers Critical Review (americanbankingnews.com)
HDSN has been the subject of a number of recent research reports. Roth Capital set a $9.00 price target on shares of Hudson Technologies and gave the stock a “buy” rating in a report on Thursday, March 8th. ValuEngine upgraded shares of Hudson Technologies from a “hold” rating to a “buy” rating in a report on Wednesday, December 20th. BidaskClub upgraded shares of Hudson Technologies from a “sell” rating to a “hold” rating in a report on Tuesday, March 6th. Zacks Investment Research upgraded shares of Hudson Technologies from a “sell” rating to a “hold” rating in a report on Tuesday, February 20th. Finally, B. Riley lowered their target price on shares of Hudson Technologies from $7.50 to $6.50 and set a “neutral” rating for the company in a report on Tuesday, March 6th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating to the stock. Hudson Technologies currently has an average rating of “Hold” and an average price target of $7.75.
Hudson Technologies stock traded down $0.25 on Monday, reaching $5.15. 487,723 shares of the company’s stock traded hands, compared to its average volume of 357,526. Hudson Technologies has a 12 month low of $5.14 and a 12 month high of $10.40. The stock has a market capitalization of $228.98, a P/E ratio of 19.85, a P/E/G ratio of 0.54 and a beta of 1.04.
Hudson Technologies (NASDAQ:HDSN) last released its quarterly earnings data on Wednesday, March 7th. The industrial products company reported ($0.06) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.09) by $0.03. Hudson Technologies had a net margin of 7.95% and a return on equity of 11.95%. The company had revenue of $24.60 million during the quarter, compared to the consensus estimate of $17.02 million. During the same period in the previous year, the firm earned ($0.05) earnings per share. Hudson Technologies’s revenue for the quarter was up 215.4% on a year-over-year basis. sell-side analysts anticipate that Hudson Technologies will post 0.4 EPS for the current fiscal year.
In other news, CEO Kevin J. Zugibe bought 5,000 shares of Hudson Technologies stock in a transaction dated Thursday, March 15th. The shares were acquired at an average cost of $5.51 per share, with a total value of $27,550.00. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Over the last three months, insiders have bought 8,000 shares of company stock worth $44,070. Corporate 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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