Hudson Technologies (HDSN) Stock Price, News & Analysis

Company Overview

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. It also offers Chiller Chemistry, which integrates several fluid tests of an operating system and the corresponding laboratory results into an engineering report; Fluid Chemistry, an abbreviated version of Chiller Chemistry, which is designed to quickly identify systems that require further examination; SmartEnergy OPS, a web-based real time continuous monitoring system, for measuring, modifying and improving the efficiency of energy systems, including air conditioning and refrigeration systems, in industrial and commercial applications; and ChillSmart, which combines the system optimization with Chiller Chemistry for providing a snapshot of a packaged chiller's operating efficiency and health. In addition, the company participates in the generation of carbon offset projects. It serves commercial, industrial, and governmental customers, as well as refrigerant wholesalers, distributors, contractors, and refrigeration equipment manufacturers. The company was incorporated in 1991 and is headquartered in Woodcliff Lake, New Jersey.

Key Stats

• Today's Range: $8.18 to $8.45
• 50-Day Range: $7.47 to $9.14
• 52-Week Range: $6.94 to $15.24
• Volume: 615,361 shs
• Average Volume: 467,212 shs
• Market Capitalization: $372.74 million
• P/E Ratio: 8.36
• Dividend Yield: N/A
• Price Target: $10.60
• Consensus Rating: Moderate Buy

Hudson Technologies Stock Analysis - MarketRank™

Hudson Technologies scored higher than 94% of companies evaluated by MarketBeat, and ranked 17th out of 172 stocks in the industrial products sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Hudson Technologies has received a consensus rating of Moderate Buy. The company's average rating score is 2.60, and is based on 3 buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Hudson Technologies has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 4.4 / 5
• Proj. Earnings Growth: 43.10%

Earnings Growth

Earnings for Hudson Technologies are expected to grow by 43.10% in the coming year, from $0.58 to $0.83 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Hudson Technologies is 8.36, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.80.

Price to Earnings Ratio vs. Sector

The P/E ratio of Hudson Technologies is 8.36, which means that it is trading at a less expensive P/E ratio than the Industrial Products sector average P/E ratio of about 20.42.

Price to Earnings Growth Ratio

Hudson Technologies has a PEG Ratio of 0.45. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

Hudson Technologies has a P/B Ratio of 1.63. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.77% of the float of Hudson Technologies has been sold short.

Short Interest Ratio / Days to Cover

Hudson Technologies has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Hudson Technologies has recently decreased by 11.38%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Hudson Technologies does not currently pay a dividend.

Dividend Growth

Hudson Technologies does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

2.77% of the float of Hudson Technologies has been sold short.

Short Interest Ratio / Days to Cover

Hudson Technologies has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Hudson Technologies has recently decreased by 11.38%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.3 / 5
• News Sentiment: 0.86

News Sentiment

Hudson Technologies has a news sentiment score of 0.86. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.67 average news sentiment score of Industrial Products companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for Hudson Technologies this week, compared to 2 articles on an average week.

Search Interest

5 people have searched for HDSN on MarketBeat in the last 30 days. This is an increase of 25% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Hudson Technologies insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 8.20% of the stock of Hudson Technologies is held by insiders.

Percentage Held by Institutions

71.34% of the stock of Hudson Technologies is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

HDSN Stock Analysis - Frequently Asked Questions

How have HDSN shares performed this year?

Hudson Technologies' stock was trading at $13.49 at the start of the year. Since then, HDSN shares have decreased by 39.3% and is now trading at $8.19.
View the best growth stocks for 2024 here.

How were Hudson Technologies' earnings last quarter?

Hudson Technologies, Inc. (NASDAQ:HDSN) posted its earnings results on Tuesday, August, 6th. The industrial products company reported $0.20 EPS for the quarter, missing the consensus estimate of $0.25 by $0.05. The industrial products company had revenue of $75.28 million for the quarter, compared to analyst estimates of $78.63 million. Hudson Technologies had a trailing twelve-month return on equity of 16.65% and a net margin of 14.00%.

Who are Hudson Technologies' major shareholders?

Top institutional investors of Hudson Technologies include Dimensional Fund Advisors LP (4.44%), Renaissance Technologies LLC (2.91%), New South Capital Management Inc. (2.89%) and Sixth Street Partners Management Company L.P. (2.86%). Insiders that own company stock include Richard Parrillo, Vincent P Abbatecola, Eric A Prouty, Stephen P Mandracchia, Nat Krishnamurti and Kenneth Gaglione.
View institutional ownership trends.

How do I buy shares of Hudson Technologies?

Shares of HDSN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Hudson Technologies own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Hudson Technologies investors own include Xtrackers California Municipal Bond ETF (CA), Endologix (ELGX), BlackRock (BLK), Hawkins (HWKN), Chipotle Mexican Grill (CMG), Aegean Marine Petroleum Network (ANW) and Athabasca Oil (ATH).

Company Calendar

• Last Earnings: 8/06/2024
• Today: 9/20/2024
• Next Earnings (Estimated): 11/06/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Industrial Products
• Industry: Machinery, equipment, & supplies
• Sub-Industry: Wholesale
• Current Symbol: NASDAQ:HDSN
• CUSIP: N/A
• CIK: 925528
• Web: www.hudsontech.com
• Phone: (845) 735-6000
• Fax: 845-512-6070
• Employees: 220
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $10.60
• High Stock Price Target: $13.00
• Low Stock Price Target: $10.00
• Potential Upside/Downside: +27.4%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.60
• Research Coverage: 5 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.98
• Trailing P/E Ratio: 8.49
• Forward P/E Ratio: 14.34
• P/E Growth: 0.45
• Net Income: $52.25 million
• Net Margins: 14.00%
• Pretax Margin: 18.51%
• Return on Equity: 16.65%
• Return on Assets: 13.24%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 4.60
• Quick Ratio: 1.68

Sales & Book Value

• Annual Sales: $261.88 million
• Price / Sales: 1.45
• Cash Flow: $1.43 per share
• Price / Cash Flow: 5.81
• Book Value: $5.03 per share
• Price / Book: 1.65

Miscellaneous

• Outstanding Shares: 45,511,000
• Free Float: 41,779,000
• Market Cap: $378.65 million
• Optionable: Optionable
• Beta: 1.21