Q2 2024 EPS Estimates for Hudson Global, Inc. (NASDAQ:HSON) Decreased by Analyst

Hudson Global, Inc. (NASDAQ:HSON) – Sidoti Csr dropped their Q2 2024 earnings per share estimates for shares of Hudson Global in a research report issued to clients and investors on Tuesday, May 14th. Sidoti Csr analyst M. Riddick now forecasts that the business services provider will post earnings per share of ($0.07) for the quarter, down from their previous estimate of $0.44. The consensus estimate for Hudson Global’s current full-year earnings is $1.73 per share. Sidoti Csr also issued estimates for Hudson Global’s Q3 2024 earnings at $0.28 EPS and FY2024 earnings at ($0.14) EPS.

Separately, StockNews.com assumed coverage on Hudson Global in a research report on Monday. They set a “strong-buy” rating on the stock.

Hudson Global Stock Down 2.9 %

HSON opened at $16.18 on Thursday. The firm has a market cap of $45.79 million, a price-to-earnings ratio of -43.73, a price-to-earnings-growth ratio of 0.48 and a beta of 0.62. Hudson Global has a 52 week low of $13.38 and a 52 week high of $24.00. The business’s 50 day moving average is $16.70 and its two-hundred day moving average is $15.81.

Hudson Global (NASDAQ:HSON) last issued its earnings results on Thursday, March 14th. The business services provider reported $0.04 earnings per share for the quarter. The business had revenue of $33.97 million for the quarter, compared to analyst estimates of $38.02 million. Hudson Global had a negative return on equity of 0.36% and a negative net margin of 0.69%.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Hudson Global stock. Mariner LLC bought a new stake in Hudson Global, Inc. (NASDAQ:HSON) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 82,919 shares of the business services provider’s stock, valued at approximately $1,563,000. Mariner LLC owned 2.94% of Hudson Global at the end of the most recent quarter. Hedge funds and other institutional investors own 47.23% of the company’s stock.

Hudson Global Company Profile

Hudson Global, Inc provides talent solutions for mid-to-large-cap multinational companies and government agencies under the Hudson RPO brand in the Americas, the Asia Pacific, and Europe. It offers recruitment process outsourcing (RPO) services, such as recruitment outsourcing, project-based outsourcing, contingent workforce solutions, and recruitment consulting for clients' permanent staff hires; and RPO contracting services, including outsourced professional contract staffing and managed services.