Core Viewpoint - Hudson Global (HSON) has received an upgrade to a Zacks Rank 1 (Strong Buy), indicating a positive outlook based on rising earnings estimates, which significantly influence stock prices [1][4][6]. Earnings Estimates and Revisions - The Zacks Consensus Estimate for Hudson Global indicates an expected earnings of -$0.03 per share for the fiscal year ending December 2024, reflecting a year-over-year decline of 103.5% [9]. - Over the past three months, analysts have raised their earnings estimates for Hudson Global, with the Zacks Consensus Estimate increasing by 78.6% [9]. Zacks Rating System - The Zacks rating system is based solely on changes in a company's earnings picture, providing a more objective measure compared to traditional Wall Street ratings [2][3]. - The Zacks Rank system categorizes stocks into five groups, with Zacks Rank 1 stocks historically generating an average annual return of +25% since 1988 [8]. - Hudson Global's upgrade to Zacks Rank 1 places it in the top 5% of Zacks-covered stocks, suggesting potential for market-beating returns in the near term [11].
All You Need to Know About Hudson Global (HSON) Rating Upgrade to Strong Buy