Hudson Technologies - HDSN Stock Forecast, Price & News

Hudson Technologies, Inc. a refrigerant services company, provides solutions to recurring problems within the refrigeration industry primarily in the United States. The company's products and services include refrigerant and industrial gas sales; refrigerant management services consisting primarily of reclamation of refrigerants, re-usable cylinder refurbishment, and hydrostatic testing services; and RefrigerantSide services comprising system decontamination to remove moisture, oils, and other contaminants. It also offers SmartEnergy OPS service, a web-based real time continuous monitoring service for facility's refrigeration systems and other energy systems applications; and Chiller Chemistry and Chill Smart services. 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. Hudson Technologies, Inc. was incorporated in 1991 and is headquartered in Woodcliff Lake, New Jersey.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on the stock. StockNews.com lowered shares of Hudson Technologies from a "buy" rating to a "hold" rating in a research note on Thursday, July 21st. EF Hutton Acquisition Corp I lifted their price target on shares of Hudson Technologies from $11.00 to $12.00 and gave the stock a "buy" rating in a research note on Thursday, August 4th.

Hudson Technologies Stock Performance

Shares of HDSN Stock traded up $0.34 during trading hours on Wednesday, reaching $9.74. The company had a trading volume of 15,524 shares, compared to its average volume of 876,369. The business has a fifty day moving average price of $8.66 and a 200-day moving average price of $6.97. Hudson Technologies has a one year low of $2.70 and a one year high of $10.76. The firm has a market cap of $437.42 million, a PE ratio of 4.99, a price-to-earnings-growth ratio of 0.18 and a beta of 1.32. The company has a debt-to-equity ratio of 0.91, a quick ratio of 1.09 and a current ratio of 3.25.

Hudson Technologies (NASDAQ:HDSN - Get Rating) last announced its quarterly earnings results on Wednesday, August 3rd. The industrial products company reported $0.59 EPS for the quarter, topping analysts' consensus estimates of $0.40 by $0.19. The firm had revenue of $103.94 million during the quarter, compared to analyst estimates of $94.00 million. Hudson Technologies had a net margin of 31.89% and a return on equity of 100.29%. Sell-side analysts predict that Hudson Technologies will post 1.79 earnings per share for the current fiscal year.

Insider Activity at Hudson Technologies

In related news, Director Stephen P. Mandracchia sold 22,108 shares of the business's stock in a transaction that occurred on Friday, May 27th. The shares were sold at an average price of $9.73, for a total transaction of $215,110.84. Following the completion of the sale, the director now directly owns 120,892 shares in the company, valued at $1,176,279.16. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In related news, Director Stephen P. Mandracchia sold 22,108 shares of the business's stock in a transaction that occurred on Friday, May 27th. The shares were sold at an average price of $9.73, for a total transaction of $215,110.84. Following the completion of the sale, the director now directly owns 120,892 shares in the company, valued at $1,176,279.16. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Stephen P. Mandracchia sold 27,892 shares of the business's stock in a transaction that occurred on Tuesday, May 31st. The shares were sold at an average price of $9.70, for a total transaction of $270,552.40. Following the sale, the director now owns 93,000 shares of the company's stock, valued at $902,100. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 90,000 shares of company stock worth $876,463. 14.30% of the stock is owned by company insiders.