Hudson Global (NASDAQ:HSON) Research Coverage Started at StockNews.com

by · The Cerbat Gem

StockNews.com assumed coverage on shares of Hudson Global (NASDAQ:HSON – Free Report) in a report released on Thursday morning. The brokerage issued a strong-buy rating on the business services provider’s stock.

Hudson Global Stock Performance

NASDAQ:HSON opened at $17.40 on Thursday. The stock’s fifty day moving average price is $15.70 and its two-hundred day moving average price is $16.04. Hudson Global has a 52-week low of $13.38 and a 52-week high of $24.00. The company has a market cap of $49.07 million, a price-to-earnings ratio of 25.22, a P/E/G ratio of 0.51 and a beta of 0.61.

Hudson Global (NASDAQ:HSON – Get Free Report) last posted its quarterly earnings data on Thursday, March 14th. The business services provider reported $0.04 earnings per share (EPS) for the quarter. Hudson Global had a return on equity of 5.71% and a net margin of 1.36%. The firm had revenue of $33.97 million for the quarter, compared to the consensus estimate of $38.02 million. On average, equities analysts predict that Hudson Global will post 1.73 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Geode Capital Management LLC lifted its stake in shares of Hudson Global by 2.1% in the 4th quarter. Geode Capital Management LLC now owns 24,476 shares of the business services provider’s stock valued at $553,000 after purchasing an additional 494 shares during the period. BlackRock Inc. lifted its stake in shares of Hudson Global by 1.1% in the 2nd quarter. BlackRock Inc. now owns 62,110 shares of the business services provider’s stock valued at $1,337,000 after purchasing an additional 650 shares during the period. State Street Corp lifted its stake in shares of Hudson Global by 8.3% in the 1st quarter. State Street Corp now owns 9,929 shares of the business services provider’s stock valued at $404,000 after purchasing an additional 757 shares during the period. JPMorgan Chase & Co. acquired a new position in shares of Hudson Global in the 2nd quarter valued at $29,000. Finally, UBS Group AG lifted its stake in shares of Hudson Global by 241.4% in the 1st quarter. UBS Group AG now owns 1,502 shares of the business services provider’s stock valued at $61,000 after purchasing an additional 1,062 shares during the period. Institutional investors and hedge funds own 47.23% of the company’s stock.

Hudson Global Company Profile

(Get Free Report)

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.

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