Hurco Companies (HURC) Stock Price, News & Analysis

Company Overview

Hurco Companies, Inc., an industrial technology company, designs, manufactures, and sells computerized machine tools to companies in the metal cutting industry worldwide. Its principal products include general-purpose computerized machine tools, including vertical and horizontal machining centers, turning centers, and toolroom machines. The company also provides computer control systems and related software for press brake applications. In addition, it offers machine tool components, automation integration equipment, and solutions for job shops; and software options, control upgrades, and accessories and replacement parts for its products, as well as customer service, training, and applications support services. Further, the company provides Autobend computer control systems for press brake machines. It serves independent job shops and specialized short-run production applications within large manufacturing operations, as well as precision tool, die, and mold manufacturers in aerospace, defense, medical equipment, energy, automotive/transportation, electronics, and computer industries. The company sells its products under the Hurco, Milltronics, and Takumi brands through independent agents and distributors, as well as through its direct sales and service organizations. Hurco Companies, Inc. was incorporated in 1968 and is headquartered in Indianapolis, Indiana.

Key Stats

• Today's Range: $18.52 to $19.20
• 50-Day Range: $18.81 to $23.40
• 52-Week Range: $14.82 to $28.20
• Volume: 19,776 shs
• Average Volume: 22,540 shs
• Market Capitalization: $123.84 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Hurco Companies Stock Analysis - MarketRank™

Hurco Companies scored higher than 27% of companies evaluated by MarketBeat, and ranked 146th out of 178 stocks in the industrial products sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Hurco Companies.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Hurco Companies is -9.75, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Hurco Companies is -9.75, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Hurco Companies has a P/B Ratio of 0.56. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.37% of the float of Hurco Companies has been sold short.

Short Interest Ratio / Days to Cover

Hurco Companies has a short interest ratio ("days to cover") of 1.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Hurco Companies has recently decreased by 10.98%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: Weak

Dividend Yield

Hurco Companies does not currently pay a dividend.

Dividend Growth

Hurco Companies does not have a long track record of dividend growth.

Sustainability and ESG

• Score: 0.6 / 5
• Environmental Score: -3.45

Percentage of Shares Shorted

0.37% of the float of Hurco Companies has been sold short.

Short Interest Ratio / Days to Cover

Hurco Companies has a short interest ratio ("days to cover") of 1.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Hurco Companies has recently decreased by 10.98%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.3 / 5
• News Sentiment: N/A

News Sentiment

Hurco Companies has a news sentiment score of 1.09. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.71 average news sentiment score of Industrial Products companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Hurco Companies this week, compared to 1 article on an average week.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Hurco Companies insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $546,750.00 in company stock.

Percentage Held by Insiders

Only 7.20% of the stock of Hurco Companies is held by insiders.

Percentage Held by Institutions

74.36% of the stock of Hurco Companies is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

HURC Stock Analysis - Frequently Asked Questions

How have HURC shares performed this year?

Hurco Companies' stock was trading at $21.53 at the beginning of the year. Since then, HURC stock has decreased by 10.8% and is now trading at $19.20.
View the best growth stocks for 2024 here.

How were Hurco Companies' earnings last quarter?

Hurco Companies, Inc. (NASDAQ:HURC) posted its quarterly earnings data on Friday, September, 4th. The scientific and technical instruments company reported $0.32 EPS for the quarter. The scientific and technical instruments company earned $45.38 million during the quarter. Hurco Companies had a negative net margin of 6.40% and a negative trailing twelve-month return on equity of 5.87%.

Who are Hurco Companies' major shareholders?

Top institutional shareholders of Hurco Companies include Geode Capital Management LLC (1.01%) and George Kaiser Family Foundation (0.38%). Insiders that own company stock include Polar Asset Management Partner, Michael Doar, Sonja K Mcclelland, Gregory S Volovic, Richard R Porter, Jonathon D Wright and Haiquynh Jamison.
View institutional ownership trends.

How do I buy shares of Hurco Companies?

Shares of HURC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Hurco Companies own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Hurco Companies investors own include Cummins (CMI), M&T Bank (MTB), AT&T (T), TriCo Bancshares (TCBK), Exxon Mobil (XOM), Comcast (CMCSA) and Johnson & Johnson (JNJ).

Company Calendar

• Last Earnings: 9/04/2020
• Today: 12/22/2024
• Fiscal Year End: 10/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Industrial Products
• Industry: Process control instruments
• Sub-Industry: Industrial Machinery
• Current Symbol: NASDAQ:HURC
• CUSIP: 44732410
• CIK: 315374
• Web: www.hurco.com
• Phone: (317) 614-1549
• Fax: 317-328-2811
• Employees: 740
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): ($1.97)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $4.39 million
• Net Margins: -6.40%
• Pretax Margin: -2.63%
• Return on Equity: -5.87%
• Return on Assets: -4.50%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 4.55
• Quick Ratio: 1.35

Sales & Book Value

• Annual Sales: $198.99 million
• Price / Sales: 0.62
• Cash Flow: $1.29 per share
• Price / Cash Flow: 14.86
• Book Value: $34.39 per share
• Price / Book: 0.56

Miscellaneous

• Outstanding Shares: 6,450,000
• Free Float: 5,986,000
• Market Cap: $123.84 million
• Optionable: Not Optionable
• Beta: 0.40