NASDAQ:HURC

Hurco Companies - HURC Stock Forecast, Price & News

$25.61

+0.51 (+2.03%)

(As of 12/7/2022 12:00 AM ET)

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Today's Range: $25.16
▼
$25.80
50-Day Range: $22.48
▼
$25.65
52-Week Range: $21.75
▼
$35.15

Volume: 7,701 shs
Average Volume: 5,738 shs
Market Capitalization: $168.26 million

P/E Ratio: 19.40
Dividend Yield: 2.39%
Price Target: N/A

Hurco Companies MarketRank™ Forecast

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
0.33% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: -2.99
Upright™ Environmental Score
News Sentiment: N/A
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.

1.73 out of 5 stars

Industrial Products Sector

140th out of 174 stocks

Process Control Instruments Industry

9th out of 11 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
0.33% 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 1.6, 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 34.42%, indicating that investor sentiment is decreasing significantly.

2.5

Dividend Strength

Dividend Yield
Hurco Companies pays a meaningful dividend of 2.39%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Hurco Companies has been increasing its dividend for 9 years.
Dividend Coverage
The dividend payout ratio of Hurco Companies is 45.45%. This payout ratio is at a healthy, sustainable level, below 75%.

0.3

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Hurco Companies has received a -86.58% 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 -2.99.

2.2

News and Social Media Coverage

News Sentiment
Hurco Companies has a news sentiment score of 0.97. 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 0.53 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.

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 5.40% of the stock of Hurco Companies is held by insiders.
Percentage Held by Institutions
73.32% 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 19.40, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 119.70.
Price to Earnings Ratio vs. Sector
The P/E ratio of Hurco Companies is 19.40, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 15.06.
Price to Book Value per Share Ratio
Hurco Companies has a P/B Ratio of 0.71. 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 Companies, Inc., an industrial technology company, designs, manufactures, and sells computerized machine tools to companies in the metal cutting industry worldwide. The company's principal products include general-purpose computerized machine tools, including vertical and horizontal machining centers, turning centers, and toolroom machines. It also provides computer control systems and related software for press brake applications. In addition, the company 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. 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.

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HURC Stock News Headlines

December 3, 2022 | americanbankingnews.com

Hurco Companies, Inc. (NASDAQ:HURC) Short Interest Update

November 30, 2022 | americanbankingnews.com

Senseonics (NYSE:SENS) and Hurco Companies (NASDAQ:HURC) Head to Head Review

November 19, 2022 | finance.yahoo.com

Hurco Companies (NASDAQ:HURC) Will Pay A Dividend Of $0.15

November 11, 2022 | finance.yahoo.com

The past five years for Hurco Companies (NASDAQ:HURC) investors has not been profitable

November 9, 2022 | marketwatch.com

Computer Numerical Control (CNC) Machines Market Insights: Industry changing aspects, New Technologies and Forecast to 2028 | Market Growth Reports

October 24, 2022 | seekingalpha.com

Hurco Treading Water As The Cycle Turns

October 21, 2022 | forbes.com

Best Replacement Window Companies Of October 2022

October 14, 2022 | forbes.com

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October 11, 2022 | forbes.com

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October 7, 2022 | nasdaq.com

Hurco Companies (NASDAQ:HURC) Could Be Struggling To Allocate Capital

October 7, 2022 | forbes.com

Best Home Warranty Companies Of October 2022

September 27, 2022 | marketwatch.com

Dual Column CNC Machines Market Size and Share 2022 Industry Analysis by Leading Players, Current Trends, Demand, Development and Forecast to 2028

September 18, 2022 | finance.yahoo.com

Hurco Companies' (NASDAQ:HURC) Dividend Will Be $0.15

September 14, 2022 | forbes.com

Best Homeowners Insurance Companies Of 2022

September 11, 2022 | reuters.com

Hurco Companies Inc

September 4, 2022 | finanznachrichten.de

Hurco Companies, Inc.: Hurco Reports Third Quarter Results for Fiscal 2022

September 2, 2022 | markets.businessinsider.com

Hurco Q3 Profit Down

September 2, 2022 | finance.yahoo.com

Hurco Reports Third Quarter Results for Fiscal 2022

August 29, 2022 | finance.yahoo.com

Machine Tools Market to Reach USD 164.92 Billion by 2028 | Machine Tools Industry Exhibiting CAGR of 5.5% During 2021-2028

August 26, 2022 | marketwatch.com

Milling Machine Market 2022 Global Market Growth, Size, Demand, Trends, Insights and Forecast 2029

August 25, 2022 | marketwatch.com

CNC Machine Market Share, Size, Future Trends, Demand, COVID Impact, Business Facilitation Strategies, Industry Outlook 2026 | 127 Report Pages

August 8, 2022 | nasdaq.com

Do Insiders Own Lots Of Shares In Hurco Companies, Inc. (NASDAQ:HURC)?

July 22, 2022 | finance.yahoo.com

Here's What Hurco Companies, Inc.'s (NASDAQ:HURC) Shareholder Ownership Structure Looks Like

July 14, 2022 | seekingalpha.com

Hurco Already Hit Hard In Anticipation Of Weaker Capex Spending

July 4, 2022 | finance.yahoo.com

Estimating The Intrinsic Value Of Hurco Companies, Inc. (NASDAQ:HURC)

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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HURC Company Calendar

Last Earnings: 9/04/2020
Ex-Dividend for 10/17 Dividend: 9/30/2022
Dividend Payable: 10/17/2022
Today: 12/08/2022
Ex-Dividend for 1/17 Dividend: 12/30/2022
Next Earnings (Estimated): 1/06/2023
Dividend Payable: 1/17/2023
Fiscal Year End: 10/31/2023

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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): $1.32
Trailing P/E Ratio: 19.40
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $6.76 million
Net Margins: 3.47%
Pretax Margin: 4.95%
Return on Equity: 3.79%
Return on Assets: 2.72%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 3.58
Quick Ratio: 1.54

Sales & Book Value

Annual Sales: $235.20 million
Price / Sales: 0.72
Cash Flow: $1.69 per share
Price / Cash Flow: 15.12
Book Value: $36.12 per share
Price / Book: 0.71

Miscellaneous

Outstanding Shares: 6,570,000
Free Float: 6,212,000
Market Cap: $168.26 million
Optionable: Not Optionable
Beta: 0.52

Key Executives

Mr. Michael Doar (Age 67)
Exec. Chairman
Comp: $1.01M

Mr. Gregory S. Volovic (Age 57)
Pres, CEO & Director
Comp: $783.17k

Ms. Sonja K. McClelland (Age 50)
Exec. VP, Treasurer & CFO
Comp: $618.6k

Ms. Haiquynh Jamison (Age 42)
Corp. Controller & Principal Accounting Officer
Comp: $203.69k

Mr. Jonathon D. Wright (Age 38)
Gen. Counsel & Corp. Sec.
Comp: $221.41k

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

HURC Stock - Frequently Asked Questions

How have HURC shares performed in 2022?: Hurco Companies' stock was trading at $29.70 at the beginning of the year. Since then, HURC shares have decreased by 13.8% and is now trading at $25.61.
View the best growth stocks for 2022 here.
Are investors shorting Hurco Companies?: Hurco Companies saw a increase in short interest during the month of November. As of November 15th, there was short interest totaling 20,700 shares, an increase of 34.4% from the October 31st total of 15,400 shares. Based on an average trading volume of 12,900 shares, the days-to-cover ratio is presently 1.6 days. Currently, 0.3% of the company's shares are short sold.
View Hurco Companies' Short Interest.
When is Hurco Companies' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Friday, January 6th 2023.
View our HURC earnings forecast.
How were Hurco Companies' earnings last quarter?: Hurco Companies, Inc. (NASDAQ:HURC) posted its quarterly earnings results on Friday, September, 4th. The scientific and technical instruments company reported $0.32 EPS for the quarter. The scientific and technical instruments company had revenue of $45.38 million for the quarter. Hurco Companies had a net margin of 3.47% and a trailing twelve-month return on equity of 3.79%.
How often does Hurco Companies pay dividends? What is the dividend yield for Hurco Companies?: Hurco Companies announced a quarterly dividend on Tuesday, November 15th. Shareholders of record on Tuesday, January 3rd will be given a dividend of $0.15 per share on Tuesday, January 17th. This represents a $0.60 dividend on an annualized basis and a yield of 2.34%. The ex-dividend date is Friday, December 30th.
Read our dividend analysis for HURC.
Is Hurco Companies a good dividend stock?: Hurco Companies (NASDAQ:HURC) pays an annual dividend of $0.60 per share and currently has a dividend yield of 2.39%. The company has been increasing its dividend for 9 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 45.45%. This payout ratio is at a healthy, sustainable level, below 75%.
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 a number of retail and institutional investors. Top institutional investors include Pacific Ridge Capital Partners LLC (2.41%) and Bank of New York Mellon Corp (0.48%). 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 $25.61.
How much money does Hurco Companies make?: Hurco Companies (NASDAQ:HURC) has a market capitalization of $168.18 million and generates $235.20 million in revenue each year. The scientific and technical instruments company earns $6.76 million in net income (profit) each year or $1.32 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 12/8/2022 by MarketBeat.com Staff

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