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Hudson Technologies, Inc. (NASDAQ: HDSN) closed the day trading at $9.13 up 0.33% from the previous closing price of $9.10. In other words, the price has increased by $0.33 from its previous closing price. On the day, 1.09 million shares were traded. HDSN stock price reached its highest trading level at $9.49 during the session, while it also had its lowest trading level at $8.75.
Ratios:
For a better understanding of HDSN, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 39.38 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.70. For the most recent quarter (mrq), Quick Ratio is recorded 0.86 and its Current Ratio is at 3.50. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.02.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Canaccord Genuity on May 02, 2024, Downgraded its rating to Hold and sets its target price to $10 from $15 previously.
On December 05, 2023, B. Riley Securities started tracking the stock assigning a Buy rating and target price of $17.
On September 25, 2023, Canaccord Genuity started tracking the stock assigning a Buy rating and target price of $15.Canaccord Genuity initiated its Buy rating on September 25, 2023, with a $15 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 14 ’23 when Parrillo Richard sold 20,205 shares for $13.29 per share. The transaction valued at 268,491 led to the insider holds 179,768 shares of the business.
Parrillo Richard sold 22,399 shares of HDSN for $289,631 on Dec 13 ’23. The Director now owns 199,973 shares after completing the transaction at $12.93 per share. On Dec 12 ’23, another insider, Parrillo Richard, who serves as the Director of the company, sold 30,000 shares for $12.85 each. As a result, the insider received 385,500 and left with 222,372 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, HDSN now has a Market Capitalization of 415514528 and an Enterprise Value of 409452736. As of this moment, Hudson’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.34, and their Forward P/E ratio for the next fiscal year is 9.18. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.31. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.50 while its Price-to-Book (P/B) ratio in mrq is 1.74. Its current Enterprise Value per Revenue stands at 1.478 whereas that against EBITDA is 5.528.
Stock Price History:
The Beta on a monthly basis for HDSN is 1.11, which has changed by 0.17117119 over the last 52 weeks, in comparison to a change of 0.22379243 over the same period for the S&P500. Over the past 52 weeks, HDSN has reached a high of $15.24, while it has fallen to a 52-week low of $7.21. The 50-Day Moving Average of the stock is -21.72%, while the 200-Day Moving Average is calculated to be -25.03%.
Shares Statistics:
Over the past 3-months, HDSN traded about 551.55K shares per day on average, while over the past 10 days, HDSN traded about 803180 shares per day. A total of 45.50M shares are outstanding, with a floating share count of 39.35M. Insiders hold about 13.54% of the company’s shares, while institutions hold 72.62% stake in the company. Shares short for HDSN as of 1713139200 were 1087903 with a Short Ratio of 1.97, compared to 1710460800 on 909915. Therefore, it implies a Short% of Shares Outstanding of 1087903 and a Short% of Float of 2.5.
Earnings Estimates
The dynamic stock of Hudson Technologies, Inc. (HDSN) is currently attracting attention from 4.0 analysts actively involved in rating its market status.On average, analysts expect EPS of $0.27 for the current quarter, with a high estimate of $0.31 and a low estimate of $0.25, while EPS last year was $0.41. The consensus estimate for the next quarter is $0.22, with high estimates of $0.23 and low estimates of $0.21.
Analysts are recommending an EPS of between $0.8 and $0.7 for the fiscal current year, implying an average EPS of $0.74. EPS for the following year is $0.99, with 4.0 analysts recommending between $1.11 and $0.9.
Revenue Estimates
4 analysts predict $82.09M in revenue for the current quarter. It ranges from a high estimate of $86.9M to a low estimate of $78M. As of the current estimate, Hudson Technologies, Inc.’s year-ago sales were $90.47MFor the next quarter, 4 analysts are estimating revenue of $73.23M. There is a high estimate of $80.32M for the next quarter, whereas the lowest estimate is $67.3M.
A total of 4 analysts have provided revenue estimates for HDSN’s current fiscal year. The highest revenue estimate was $267.46M, while the lowest revenue estimate was $256.6M, resulting in an average revenue estimate of $260.44M. In the same quarter a year ago, actual revenue was $289.02MBased on 4 analysts’ estimates, the company’s revenue will be $299.29M in the next fiscal year. The high estimate is $310.1M and the low estimate is $286.4M.
