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.

Analyst Ratings Changes

Several analysts have recently issued reports on HDSN shares. EF Hutton Acquisition Corp I boosted their price target on shares of Hudson Technologies from $11.00 to $12.00 and gave the company a "buy" rating in a research report on Thursday, August 4th. StockNews.com lowered shares of Hudson Technologies from a "buy" rating to a "hold" rating in a research report on Thursday, July 21st.

Hudson Technologies Stock Performance

Hudson Technologies stock opened at $9.85 on Thursday. The firm's 50 day simple moving average is $8.67 and its 200 day simple moving average is $6.99. The company has a current ratio of 3.35, a quick ratio of 1.09 and a debt-to-equity ratio of 0.57. The firm has a market capitalization of $442.36 million, a PE ratio of 5.08, a price-to-earnings-growth ratio of 0.20 and a beta of 1.32. Hudson Technologies has a 1-year low of $2.70 and a 1-year high of $10.76.

Hudson Technologies (NASDAQ:HDSN - Get Rating) last posted its earnings results on Wednesday, August 3rd. The industrial products company reported $0.59 earnings per share for the quarter, topping analysts' consensus estimates of $0.40 by $0.19. The business had revenue of $103.94 million for 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 84.09%. As a group, analysts expect that Hudson Technologies will post 1.54 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Hudson Technologies news, Director Vincent P. Abbatecola sold 20,000 shares of the business's stock in a transaction that occurred on Wednesday, June 15th. The shares were sold at an average price of $9.75, for a total value of $195,000.00. Following the completion of the transaction, the director now owns 125,578 shares of the company's stock, valued at approximately $1,224,385.50. The transaction was disclosed in a filing with the SEC, which is available through this link. In other news, Director Vincent P. Abbatecola sold 20,000 shares of the company's stock in a transaction on Wednesday, June 15th. The shares were sold at an average price of $9.75, for a total value of $195,000.00. Following the completion of the sale, the director now owns 125,578 shares of the company's stock, valued at approximately $1,224,385.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Stephen P. Mandracchia sold 22,108 shares of the company's stock in a transaction 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 of the company's stock, valued at approximately $1,176,279.16. The disclosure for this sale can be found here. Insiders sold a total of 90,000 shares of company stock valued at $876,463 in the last quarter. Corporate insiders own 14.30% of the company's stock.