NasdaqGS:HSON

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Executive Summary

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.


Snowflake Analysis

Flawless balance sheet and good value.


Similar Companies

Share Price & News

How has Hudson Global's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: HSON has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

6.0%

HSON

4.0%

US Professional Services

4.0%

US Market


1 Year Return

-28.6%

HSON

10.9%

US Professional Services

4.9%

US Market

Return vs Industry: HSON underperformed the US Professional Services industry which returned 10.9% over the past year.

Return vs Market: HSON underperformed the US Market which returned 5% over the past year.


Shareholder returns

HSONIndustryMarket
7 Day6.0%4.0%4.0%
30 Day1.7%2.6%1.3%
90 Day1.2%32.5%29.5%
1 Year-28.6%-28.6%11.7%10.9%7.2%4.9%
3 Year-33.7%-33.7%50.9%46.4%36.1%27.2%
5 Year-59.2%-60.9%79.0%69.9%65.3%46.9%

Price Volatility Vs. Market

How volatile is Hudson Global's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Hudson Global undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: HSON ($8.89) is trading below our estimate of fair value ($69.25)

Significantly Below Fair Value: HSON is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: HSON is poor value based on its PE Ratio (65.4x) compared to the Professional Services industry average (19.1x).

PE vs Market: HSON is poor value based on its PE Ratio (65.4x) compared to the US market (16.5x).


Price to Earnings Growth Ratio

PEG Ratio: HSON is good value based on its PEG Ratio (0.5x)


Price to Book Ratio

PB vs Industry: HSON is good value based on its PB Ratio (0.7x) compared to the US Professional Services industry average (2.8x).


Next Steps

Future Growth

How is Hudson Global forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

120.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: HSON's forecast earnings growth (120.7% per year) is above the savings rate (2.2%).

Earnings vs Market: HSON's earnings (120.7% per year) are forecast to grow faster than the US market (22.8% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: HSON's revenue (10.6% per year) is forecast to grow faster than the US market (9.3% per year).

High Growth Revenue: HSON's revenue (10.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if HSON's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Hudson Global performed over the past 5 years?

14.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: HSON has a high level of non-cash earnings.

Growing Profit Margin: HSON became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: HSON has become profitable over the past 5 years, growing earnings by 14.8% per year.

Accelerating Growth: HSON has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: HSON has become profitable in the last year, making it difficult to compare its past year earnings growth to the Professional Services industry (9.5%).


Return on Equity

High ROE: HSON's Return on Equity (1.3%) is considered low.


Next Steps

Financial Health

How is Hudson Global's financial position?


Financial Position Analysis

Short Term Liabilities: HSON's short term assets ($39.9M) exceed its short term liabilities ($7.6M).

Long Term Liabilities: HSON's short term assets ($39.9M) exceed its long term liabilities ($1.1M).


Debt to Equity History and Analysis

Debt Level: HSON is debt free.

Reducing Debt: HSON has no debt compared to 5 years ago when its debt to equity ratio was 0.06%.

Debt Coverage: HSON has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: HSON has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Hudson Global current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate HSON's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate HSON's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if HSON's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if HSON's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: HSON is not paying a notable dividend for the US market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of HSON's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.5yrs

Average management tenure


CEO

Jeff Eberwein (50yo)

2.25yrs

Tenure

US$765,043

Compensation

Mr. Jeffrey E. Eberwein, also known as Jeff, has been Board Observer at Reliability Incorporated since October 29, 2019. He has been the Chief Executive Officer of Hudson Global, Inc since April 1, 2018. M ...


CEO Compensation Analysis

Compensation vs Market: Jeff's total compensation ($USD765.04K) is about average for companies of similar size in the US market ($USD605.69K).

Compensation vs Earnings: Jeff's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Jeffrey Eberwein
CEO & Director2.25yrsUS$765.04k3.79% $904.3k
Matthew Diamond
Chief Financial Officer1.08yrsUS$3.46mno data
Philip Skalski
Corporate Counsel & Corporate Secretaryno datano datano data
Darren Lancaster
Chief Executive Officer of EMEA2.5yrsno datano data
Jo Chapman
Head of Marketing - UK & Irelandno datano datano data
Lori Hock
Chief Executive Officer of Americas7.5yrsno datano data
Kimberley Hubble
Chief Executive Officer of APAC2.5yrsno datano data

2.5yrs

Average Tenure

Experienced Management: HSON's management team is considered experienced (2.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Jeffrey Eberwein
CEO & Director2.25yrsUS$765.04k3.79% $904.3k
Richard Coleman
Independent Chairman of the Board2.25yrsUS$155.63k0.011% $2.7k
Mimi Drake
Independent Director1.42yrsUS$94.54k0.31% $74.3k
Connia Nelson
Independent Director1.42yrsUS$95.94k0.32% $77.0k
Ian Nash
Independent Director4.75yrsUS$237.02k1.57% $373.6k

2.3yrs

Average Tenure

64yo

Average Age

Experienced Board: HSON's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Hudson Global, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Hudson Global, Inc.
  • Ticker: HSON
  • Exchange: NasdaqGS
  • Founded:
  • Industry: Human Resource and Employment Services
  • Sector: Commercial Services
  • Market Cap: US$23.836m
  • Shares outstanding: 2.68m
  • Website: https://am.hudsonrpo.com

Number of Employees


Location

  • Hudson Global, Inc.
  • 53 Forest Avenue
  • 1st Floor
  • Old Greenwich
  • Connecticut
  • 6870
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
HSONNasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDMar 2003
HDH1DB (Deutsche Boerse AG)YesCommon StockDEEURMar 2003

Biography

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 complete 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. The company was formerly known as Hudson Highland Group, Inc. and changed its name to Hudson Global, Inc. in April 2012. Hudson Global, Inc. is headquartered in Old Greenwich, Connecticut. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/04 23:56
End of Day Share Price2020/07/02 00:00
Earnings2020/03/31
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.