From what 4 stock analysts predict, the share price for Hudson Technologies Inc (HDSN) might increase by 23.11% in the next year. This is based on a 12-month average estimation for HDSN. Price targets go from $7 to $8. The majority of stock analysts believe HDSN is a hold. Please note analyst price targets are not guaranteed and could be missed completely.
About 4 Wall Street analysts have assignedHDSN 0 buy ratings, 4 hold ratings, and 0 sell ratings. This means that analysts expect Hudson Technologies Inc to hold. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on HDSN. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of HDSN.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Austin Moeller Canaccord Genuity | Hold | $8 | Maintains | Nov 5, 2024 |
Josh Nichols B. Riley Securities | Neutral | $7.25 | Reiterates | Nov 5, 2024 |
Ryan Sigdahl Craig-Hallum | Hold | $7 | Downgrade | Nov 5, 2024 |
Gerry Sweeney Roth MKM | Neutral | $7 | Downgrade | Nov 5, 2024 |
Josh Nichols B. Riley Securities | Neutral | $8.5 | Downgrade | Oct 30, 2024 |
Josh Nichols B. Riley Securities | Buy | $10 | Maintains | Aug 7, 2024 |
Ryan Sigdahl Craig-Hallum | Buy | $10 | Maintains | Aug 7, 2024 |
Ryan Sigdahl Craig-Hallum | Buy | $13 | Maintains | May 2, 2024 |
Austin Moeller Canaccord Genuity | Hold | $10 | Downgrade | May 2, 2024 |
Gerry Sweeney Roth MKM | Buy | $13 | Maintains | May 1, 2024 |
Josh Nichols B. Riley Securities | Buy | $16 | Reiterates | Mar 7, 2024 |
Josh Nichols B. Riley Securities | Buy | $17 | Initiates | Dec 5, 2023 |
Austin Moeller Canaccord Genuity | Buy | $15 | Initiates | Sep 25, 2023 |
Chip Moore EF Hutton | Buy | $14 | Maintains | Mar 9, 2023 |
Chip Moore EF Hutton | Buy | $13 | Maintains | Nov 3, 2022 |
Chip Moore EF Hutton | Buy | $12 | Maintains | Aug 4, 2022 |
EF Hutton | Buy | Initiates | Jul 11, 2022 | |
Gerry Sweeney Roth Capital | Buy | $6.5 | Upgrade | Mar 9, 2022 |
Ryan Sigdahl Craig-Hallum | Buy | $3 | Upgrade | May 6, 2021 |
Roth Capital | Neutral | $0.6 | Downgrade | Aug 12, 2019 |
When did it IPO
1994
Staff Count
237
Country
United States
Sector/Industry
Basic Materials/Specialty Chemicals
CEO
Mr. Brian F. Coleman
Market Cap
$271.6M
In 2023, HDSN generated $289.0M in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that HDSN's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Hudson Technologies' stock has dropped 36%, despite strong fundamentals. It holds 35% of the refrigerant reclamation market, with a solid balance sheet of $56.5M cash and no debt.
Why It Matters - Hudson Technologies' strong market position and solid balance sheet amidst short-term revenue declines suggest potential for recovery, making it a candidate for long-term investment despite recent stock volatility.
Summary - Hudson Technologies, Inc. (NASDAQ:HDSN) will hold its Q3 2024 earnings call on November 4, 2024, at 5:00 PM ET, featuring key company executives.
Why It Matters - Hudson Technologies' Q3 earnings call will provide insights into financial performance and strategic direction, impacting stock valuation and investor sentiment.
Summary - Hudson Technologies (HDSN) reported Q3 earnings of $0.17 per share, surpassing the Zacks Estimate of $0.16, but down from $0.34 per share year-over-year.
Why It Matters - Hudson Technologies beat earnings expectations but reported a significant year-over-year decline, which may indicate potential challenges ahead and affect investor sentiment.
Summary - Hudson Technologies, Inc. (NASDAQ: HDSN) has increased its share repurchase program to $20 million, allowing for up to $10 million in shares to be bought in each of 2024 and 2025.
Why It Matters - Hudson Technologies' increased share repurchase program signals confidence in its financial health, potentially boosting share value and indicating management's commitment to returning capital to shareholders.
Summary - Hudson Technologies, Inc. (NASDAQ: HDSN) will hold a conference call and webcast on November 4, 2024, at 5:00 p.m. ET to discuss Q3 2024 results.
Why It Matters - Hudson Technologies' upcoming conference call on Q3 results may impact stock performance, revealing financial health and strategic direction, influencing investor sentiment and decisions.
Summary - Hudson Technologies, Inc. (NASDAQ: HDSN) commented on the Final Rule of the American Innovation and Manufacturing Act, which creates an Emissions Reduction and Reclamation Program for refrigerants.
Why It Matters - Hudson Technologies' comment on the Emissions Reduction and Reclamation Program signals potential regulatory impacts, influencing market positioning and growth opportunities in sustainable refrigerants.