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The closing price of Hudson Technologies, Inc. (NASDAQ: HDSN) was $10.64 for the day, down -0.93% from the previous closing price of $10.74. In other words, the price has decreased by -$0.93 from its previous closing price. On the day, 0.62 million shares were traded. HDSN stock price reached its highest trading level at $10.84 during the session, while it also had its lowest trading level at $10.56.
Ratios:
Our analysis of HDSN’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 38.89 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.81. 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 0.03 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 this company, B. Riley Securities on December 05, 2023, initiated with a Buy rating and assigned the stock a target price of $17.
On September 25, 2023, Canaccord Genuity started tracking the stock assigning a Buy rating and target price of $15.
ROTH Capital Upgraded its Neutral to Buy on March 09, 2022, whereas the target price for the stock was revised from $4 to $6.50.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 484236000 and an Enterprise Value of 478473248. As of this moment, Hudson’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.64, and their Forward P/E ratio for the next fiscal year is 8.51. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.32. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.68 while its Price-to-Book (P/B) ratio in mrq is 2.12. Its current Enterprise Value per Revenue stands at 1.655 whereas that against EBITDA is 5.699.
Stock Price History:
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 -13.38%, while the 200-Day Moving Average is calculated to be -12.47%.
Shares Statistics:
HDSN traded an average of 483.40K shares per day over the past three months and 401570 shares per day over the past ten days. 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 72.51% stake in the company. Shares short for HDSN as of 1711584000 were 992545 with a Short Ratio of 2.05, compared to 1709164800 on 977699. Therefore, it implies a Short% of Shares Outstanding of 992545 and a Short% of Float of 2.2800000000000002.
Earnings Estimates
A detailed examination of Hudson Technologies, Inc. (HDSN) is currently in progress, with 4.0 analysts providing valuable insights into its market dynamics.On average, analysts expect EPS of $0.2 for the current quarter, with a high estimate of $0.25 and a low estimate of $0.17, while EPS last year was $0.33. The consensus estimate for the next quarter is $0.38, with high estimates of $0.45 and low estimates of $0.31.
Analysts are recommending an EPS of between $1.08 and $0.87 for the fiscal current year, implying an average EPS of $0.97. EPS for the following year is $1.25, with 3.0 analysts recommending between $1.46 and $1.14.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 4 analysts. It ranges from a high estimate of $71.3M to a low estimate of $59.07M. As of the current estimate, Hudson Technologies, Inc.’s year-ago sales were $77.2MFor the next quarter, 4 analysts are estimating revenue of $94.09M. There is a high estimate of $109.8M for the next quarter, whereas the lowest estimate is $82.76M.
A total of 4 analysts have provided revenue estimates for HDSN’s current fiscal year. The highest revenue estimate was $299M, while the lowest revenue estimate was $267.46M, resulting in an average revenue estimate of $283.26M. In the same quarter a year ago, actual revenue was $289.02MBased on 3 analysts’ estimates, the company’s revenue will be $341.52M in the next fiscal year. The high estimate is $388.7M and the low estimate is $311.6M.
