Hudson Technologies Stock Z Score
| HDSN Stock | USD 5.94 0.06 1.02% |
Hudson | Z Score |
Hudson Technologies Company Z Score Analysis
Hudson Technologies' Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
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Hudson Z Score Driver Correlations
Understanding the fundamental principles of building solid financial models for Hudson Technologies is extremely important. It helps to project a fair market value of Hudson Stock properly, considering its historical fundamentals such as Z Score. Since Hudson Technologies' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Hudson Technologies' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Hudson Technologies' interrelated accounts and indicators.
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To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.
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According to the company's disclosures, Hudson Technologies has a Z Score of 0.0. This is 100.0% lower than that of the Commercial Services & Supplies sector and 100.0% lower than that of the Industrials industry. The z score for all United States stocks is 100.0% higher than that of the company.
Hudson Technologies Current Valuation Drivers
We derive many important indicators used in calculating different scores of Hudson Technologies from analyzing Hudson Technologies' financial statements. These drivers represent accounts that assess Hudson Technologies' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Hudson Technologies' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 41.8M | 46.6M | 194.3M | 455.3M | 612.2M | 642.9M | |
| Enterprise Value | 143.9M | 139.1M | 291.1M | 500.7M | 606.5M | 636.8M |
Hudson Technologies ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Hudson Technologies' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Hudson Technologies' managers, analysts, and investors.Environmental | Governance | Social |
Hudson Technologies Institutional Holders
Institutional Holdings refers to the ownership stake in Hudson Technologies that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Hudson Technologies' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Hudson Technologies' value.| Shares | Caspian Capital Partners, L.p. | 2024-09-30 | 849.4 K | Westerly Capital Management Llc | 2024-09-30 | 810 K | Marshall Wace Asset Management Ltd | 2024-06-30 | 728 K | American Century Companies Inc | 2024-09-30 | 699.6 K | Ubs Group Ag | 2024-06-30 | 612.2 K | Royal Bank Of Canada | 2024-06-30 | 585.8 K | Foundry Partners, Llc | 2024-09-30 | 548.3 K | Lazard Asset Management Llc | 2024-06-30 | 506 K | Portolan Capital Management, Llc | 2024-06-30 | 442.9 K | Blackrock Inc | 2024-06-30 | 3.2 M | Vanguard Group Inc | 2024-09-30 | 2.5 M |
Hudson Fundamentals
| Return On Equity | 0.13 | ||||
| Return On Asset | 0.0776 | ||||
| Profit Margin | 0.12 % | ||||
| Operating Margin | 0.11 % | ||||
| Current Valuation | 214.58 M | ||||
| Shares Outstanding | 45.2 M | ||||
| Shares Owned By Insiders | 12.21 % | ||||
| Shares Owned By Institutions | 74.61 % | ||||
| Number Of Shares Shorted | 481.86 K | ||||
| Price To Earning | 4.59 X | ||||
| Price To Book | 1.05 X | ||||
| Price To Sales | 1.09 X | ||||
| Revenue | 289.02 M | ||||
| Gross Profit | 162.89 M | ||||
| EBITDA | 83.95 M | ||||
| Net Income | 52.25 M | ||||
| Cash And Equivalents | 20.68 M | ||||
| Cash Per Share | 0.46 X | ||||
| Total Debt | 6.68 M | ||||
| Debt To Equity | 0.66 % | ||||
| Current Ratio | 3.35 X | ||||
| Book Value Per Share | 5.62 X | ||||
| Cash Flow From Operations | 58.55 M | ||||
| Short Ratio | 0.57 X | ||||
| Earnings Per Share | 0.65 X | ||||
| Price To Earnings To Growth | 0.41 X | ||||
| Target Price | 7.31 | ||||
| Number Of Employees | 237 | ||||
| Beta | 1.22 | ||||
| Market Capitalization | 268.48 M | ||||
| Total Asset | 296.67 M | ||||
| Retained Earnings | 110.23 M | ||||
| Working Capital | 146.44 M | ||||
| Current Asset | 69.47 M | ||||
| Current Liabilities | 30.96 M | ||||
| Net Asset | 296.67 M |
About Hudson Technologies Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Hudson Technologies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Hudson Technologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Hudson Technologies based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Hudson Technologies
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Hudson Technologies position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Hudson Technologies will appreciate offsetting losses from the drop in the long position's value.Moving together with Hudson Stock
Moving against Hudson Stock
| 0.89 | G | Genpact Limited | PairCorr |
| 0.89 | VRSK | Verisk Analytics | PairCorr |
| 0.88 | DRVN | Driven Brands Holdings | PairCorr |
| 0.87 | LZ | LegalZoom | PairCorr |
| 0.87 | WM | Waste Management Sell-off Trend | PairCorr |
The ability to find closely correlated positions to Hudson Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hudson Technologies when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Hudson Technologies - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Hudson Technologies to buy it.
The correlation of Hudson Technologies is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Hudson Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hudson Technologies moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Hudson Technologies can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Hudson Technologies Piotroski F Score and Hudson Technologies Valuation analysis. To learn how to invest in Hudson Stock, please use our How to Invest in Hudson Technologies guide.You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Is Environmental & Facilities Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hudson Technologies. If investors know Hudson will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hudson Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.41) | Earnings Share 0.65 | Revenue Per Share 5.437 | Quarterly Revenue Growth (0.19) | Return On Assets 0.0776 |
The market value of Hudson Technologies is measured differently than its book value, which is the value of Hudson that is recorded on the company's balance sheet. Investors also form their own opinion of Hudson Technologies' value that differs from its market value or its book value, called intrinsic value, which is Hudson Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hudson Technologies' market value can be influenced by many factors that don't directly affect Hudson Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hudson Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Hudson Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hudson Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.