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

StockNews.com started coverage on shares of Hudson Global (NASDAQ:HSON) in a research note released on Saturday morning. The firm issued a strong-buy rating on the business services provider’s stock.

Hudson Global Trading Up 1.7 %

Shares of NASDAQ:HSON opened at $21.00 on Friday. The company has a fifty day simple moving average of $21.48 and a 200 day simple moving average of $21.51. The firm has a market cap of $59.22 million, a PE ratio of 34.43, a price-to-earnings-growth ratio of 0.50 and a beta of 0.52. Hudson Global has a 12-month low of $17.88 and a 12-month high of $38.00.

Hudson Global (NASDAQ:HSON) last issued its quarterly earnings results on Thursday, August 10th. The business services provider reported $0.36 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.38 by ($0.02). The company had revenue of $44.90 million during the quarter, compared to the consensus estimate of $45.23 million. Hudson Global had a return on equity of 10.19% and a net margin of 1.08%. As a group, equities research analysts forecast that Hudson Global will post 2.14 EPS for the current fiscal year.

Institutional Trading of Hudson Global

Several institutional investors have recently added to or reduced their stakes in the business. JPMorgan Chase & Co. acquired a new position in shares of Hudson Global during the second quarter valued at $29,000. UBS Group AG boosted its holdings in shares of Hudson Global by 241.4% during the first quarter. UBS Group AG now owns 1,502 shares of the business services provider’s stock valued at $61,000 after acquiring an additional 1,062 shares during the period. Royal Bank of Canada boosted its holdings in shares of Hudson Global by 42.3% during the second quarter. Royal Bank of Canada now owns 6,261 shares of the business services provider’s stock valued at $134,000 after acquiring an additional 1,861 shares during the period. LSV Asset Management acquired a new position in shares of Hudson Global during the first quarter valued at $158,000. Finally, State Street Corp boosted its holdings in shares of Hudson Global by 8.3% during the first quarter. State Street Corp now owns 9,929 shares of the business services provider’s stock valued at $404,000 after acquiring an additional 757 shares during the period. Institutional investors own 48.84% 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.