NASDAQ:HURC

Hurco Companies (HURC) Stock Forecast, Price & News

$22.61

-0.01 (-0.04%)

(As of 06/7/2023 ET)

Compare

Today's Range: $21.67
▼
$22.90
50-Day Range: $21.05
▼
$26.64
52-Week Range: $20.93
▼
$30.41

Volume: 73,842 shs
Average Volume: 19,982 shs
Market Capitalization: $147.64 million

P/E Ratio: 34.26
Dividend Yield: 2.83%
Price Target: N/A

Hurco Companies MarketRank™ Forecast

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
0.44% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: -3.92
Upright™ Environmental Score
News Sentiment: 0.50
Based on 5 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.74 out of 5 stars

Industrial Products Sector

134th out of 170 stocks

Process Control Instruments Industry

9th out of 10 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Hurco Companies.

3.0

Short Interest

Percentage of Shares Shorted
0.44% 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 1.1, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Hurco Companies has recently increased by 138.39%, indicating that investor sentiment is decreasing significantly.

2.5

Dividend Strength

Dividend Yield
Hurco Companies pays a meaningful dividend of 2.96%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Hurco Companies has been increasing its dividend for 10 years.
Dividend Coverage
The dividend payout ratio of Hurco Companies is 96.97%. Payout ratios above 75% are not desirable because they may not be sustainable.

0.0

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Hurco Companies has received a -101.81% net impact score from Upright. The largest negative impact of Hurco in category "GHG emissions" is driven by its "Cnc machines for metal processing" product. See details.
Environmental Sustainability
The Environmental Impact score for Hurco Companies is -3.92.

2.5

News and Social Media Coverage

News Sentiment
Hurco Companies has a news sentiment score of 0.50. 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 lower news sentiment than the 0.64 average news sentiment score of Industrial Products companies.
News Coverage This Week
MarketBeat has tracked 5 news articles for Hurco Companies this week, compared to 2 articles on an average week.
Search Interest
4 people have searched for HURC on MarketBeat in the last 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Hurco Companies insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 6.00% of the stock of Hurco Companies is held by insiders.
Percentage Held by Institutions
71.45% of the stock of Hurco Companies is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Hurco Companies is 34.26, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 142.98.
Price to Earnings Ratio vs. Sector
The P/E ratio of Hurco Companies is 34.26, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 17.76.
Price to Book Value per Share Ratio
Hurco Companies has a P/B Ratio of 0.65. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Hurco Companies (NASDAQ:HURC) Stock

Hurco Cos., Inc. is an international industrial technology company, which engages in the design, manufacture and sale of computerized machine tools. It also offers machine tool components, software options, control upgrades, and accessories and replacement parts for its products, as well as customer service and training and applications support. The company was founded by Edward Humston and Gerald V. Roch in 1968 and is headquartered in Indianapolis, IN.

Receive HURC Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Hurco Companies and its competitors with MarketBeat's FREE daily newsletter.

HURC Stock News Headlines

June 7, 2023 | finance.yahoo.com

With 61% ownership, Hurco Companies, Inc. (NASDAQ:HURC) boasts of strong institutional backing

June 2, 2023 | benzinga.com

Hurco Cos Q2 EPS $0.06 Down From $0.30 YoY, Sales $53.82M Down From $62.83M YoY

June 8, 2023 | Edge On The Street (Ad)

The Real Problem With "Made in America" Lithium

Politicians love to say they support "Made in America" when it comes to manufacturing. But when it comes to lithium - the metal fueling our transition to electric vehicles - it's not that simple.

June 2, 2023 | finanznachrichten.de

Hurco Companies, Inc.: Hurco Reports Second Quarter Results for Fiscal Year 2023

June 2, 2023 | finance.yahoo.com

Hurco Reports Second Quarter Results for Fiscal Year 2023

May 17, 2023 | marketwatch.com

The Future of the Open-loop Control CNC Machine Tool Market: Examining Trends and Forecasting Revenue with future CAGR of 5.3% during 2023-2030

May 8, 2023 | marketwatch.com

Vertical CNC Machining Centers Market Size Analysis Report 2023-2030 by Absolute Reports in Machinery and Equipment Industry | with [110 Pages]

May 5, 2023 | finance.yahoo.com

Investors in Hurco Companies (NASDAQ:HURC) have unfortunately lost 50% over the last five years

June 8, 2023 | Edge On The Street (Ad)

The Real Problem With "Made in America" Lithium

Politicians love to say they support "Made in America" when it comes to manufacturing. But when it comes to lithium - the metal fueling our transition to electric vehicles - it's not that simple.

April 28, 2023 | seekingalpha.com

HURC Hurco Companies, Inc.

April 27, 2023 | marketwatch.com

Metalworking Machine Market Manufacturing Cost Structure By 2030

April 27, 2023 | marketwatch.com

Closed-loop Control CNC Machine Tool Market Sales By 2030

April 24, 2023 | marketwatch.com

CNC Controller Market Forecast to 2031

April 24, 2023 | marketwatch.com

CNC Machining Centres Market Size and Share Expanding worldwide by 2023 with Top Key Players

April 17, 2023 | forbes.com

Best Homeowners Insurance Companies Of April 2023

April 14, 2023 | marketwatch.com

CNC Horizontal Machining Centres Market Size [2023] Research Report includes Geographical Analysis and Forecast to 2027 | Survey by Absolute Reports

April 12, 2023 | marketwatch.com

CNC Vertical Machining Centers Market Size [2023] Business Insight includes Company Details and Forecast to 2027 | Survey by Absolute Reports

April 9, 2023 | americanbankingnews.com

Hurco Companies (NASDAQ:HURC) Stock Price Crosses Above Two Hundred Day Moving Average of $26.01

April 7, 2023 | marketwatch.com

Double Column Machining Center Market Outlook and Forecast till 2030

April 4, 2023 | marketwatch.com

Mill Turn Center Market 2023-2030: Competitive Landscape, Trends, and Future Growth Prospects (Hurco, CHIRON, DMG MOR, KOVOSVIT MAS)

March 29, 2023 | marketwatch.com

Closed-loop Control CNC Machine Tool Market by 2031

March 28, 2023 | marketwatch.com

Metalworking Machine Market 2023 Estimated to Perceive Exponential Growth till 2031

March 25, 2023 | marketwatch.com

2028 CNC Controller Market Size and Trends Forecast by Regions | Latest Research Report

March 24, 2023 | marketwatch.com

Computer Numerical Controls Market by 2031

March 23, 2023 | marketwatch.com

Metalworking Machines Market Size 2023 Global Industry Growth Analysis by Countries and Forecast till 2026

March 22, 2023 | marketwatch.com

5-Axis CNC Machining Centers Market 2023 Size and Forecast to 2030

March 22, 2023 | americanbankingnews.com

Hurco Companies, Inc. (HURC) to Issue Quarterly Dividend of $0.16 on April 10th

See More Headlines

HURC Price History

30 days | 90 days | 365 days | Advanced Chart

HURC Company Calendar

Last Earnings: 3/10/2023
Ex-Dividend for 4/10 Dividend: 3/24/2023
Dividend Payable: 4/10/2023
Today: 6/08/2023
Next Earnings (Estimated): 9/01/2023
Fiscal Year End: 10/31/2023

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Process control instruments
Sub-Industry: Industrial Machinery
Sector: Industrial Products
Current Symbol: NASDAQ:HURC
CUSIP: 44732410
CIK: 315374
Web: www.hurco.com
Phone: (317) 614-1549
Fax: 317-328-2811
Employees: 706
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): $0.66
Trailing P/E Ratio: 34.26
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $8.23 million
Net Margins: 1.90%
Pretax Margin: 2.78%
Return on Equity: 1.91%
Return on Assets: 1.40%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 3.73
Quick Ratio: 1.53

Sales & Book Value

Annual Sales: $250.81 million
Price / Sales: 0.59
Cash Flow: $1.85 per share
Price / Cash Flow: 12.23
Book Value: $34.88 per share
Price / Book: 0.65

Miscellaneous

Outstanding Shares: 6,530,000
Free Float: 6,137,000
Market Cap: $147.64 million
Optionable: Not Optionable
Beta: 0.45

Key Executives

Gregory S. Volovic
President, Chief Executive Officer & Director

Sonja K. McClelland
Chief Financial Officer, Treasurer & Executive VP

HaiQuynh Jamison
Chief Accounting Officer & Controller

Jonathon D. Wright
Secretary & General Counsel

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

HURC Stock - Frequently Asked Questions

How have HURC shares performed in 2023?: Hurco Companies' stock was trading at $26.13 at the start of the year. Since then, HURC stock has decreased by 13.5% and is now trading at $22.61.
View the best growth stocks for 2023 here.
When is Hurco Companies' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Friday, September 1st 2023.
View our HURC earnings forecast.
How were Hurco Companies' earnings last quarter?: Hurco Companies, Inc. (NASDAQ:HURC) released its earnings results on Friday, March, 10th. The scientific and technical instruments company reported $0.20 earnings per share for the quarter. The scientific and technical instruments company earned $54.68 million during the quarter. Hurco Companies had a trailing twelve-month return on equity of 1.91% and a net margin of 1.90%.
How often does Hurco Companies pay dividends? What is the dividend yield for Hurco Companies?: Hurco Companies announced a quarterly dividend on Friday, March 10th. Shareholders of record on Monday, March 27th will be given a dividend of $0.16 per share on Monday, April 10th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 2.83%. The ex-dividend date of this dividend is Friday, March 24th. This is a boost from the stock's previous quarterly dividend of $0.15.
Read our dividend analysis for HURC.
Is Hurco Companies a good dividend stock?: Hurco Companies (NASDAQ:HURC) pays an annual dividend of $0.64 per share and currently has a dividend yield of 2.83%. The company has been increasing its dividend for 10 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 96.97%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for HURC.
What is Michael Doar's approval rating as Hurco Companies' CEO?: 4 employees have rated Hurco Companies Chief Executive Officer Michael Doar on Glassdoor.com. Michael Doar has an approval rating of 71% among the company's employees.

What other stocks do shareholders of Hurco Companies own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Hurco Companies investors own include TriCo Bancshares (TCBK), KeyCorp (KEY), Boston Private Financial (BPFH), Main Street Capital (MAIN), Boyd Gaming (BYD), Carnival Co. & (CCL), Cummins (CMI), Huntington Bancshares (HBAN), KKR & Co. Inc. (KKR) and Coca-Cola (KO).
What is Hurco Companies' stock symbol?: Hurco Companies trades on the NASDAQ under the ticker symbol "HURC."
Who are Hurco Companies' major shareholders?: Hurco Companies' stock is owned by many different retail and institutional investors. Top institutional investors include Ameriprise Financial Inc. (4.71%), Geode Capital Management LLC (0.89%), CM Wealth Advisors LLC (0.40%) and Diamond Hill Capital Management Inc. (0.28%). Insiders that own company stock include Polar Asset Management Partner and Richard R Porter.
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Hurco Companies' stock price today?: One share of HURC stock can currently be purchased for approximately $22.61.
How much money does Hurco Companies make?: Hurco Companies (NASDAQ:HURC) has a market capitalization of $147.64 million and generates $250.81 million in revenue each year. The scientific and technical instruments company earns $8.23 million in net income (profit) each year or $0.66 on an earnings per share basis.
How many employees does Hurco Companies have?: The company employs 706 workers across the globe.
How can I contact Hurco Companies?: Hurco Companies' mailing address is One Technology Way, Indianapolis IN, 46268. The official website for the company is www.hurco.com. The scientific and technical instruments company can be reached via phone at (317) 614-1549, via email at mcclellands@hurco.com, or via fax at 317-328-2811.

This page (NASDAQ:HURC) was last updated on 6/8/2023 by MarketBeat.com Staff

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial