Hurco Companies Stock Today

HURC Stock  USD 21.15  0.25  1.17%   

Performance

11 of 100

 
Weak
 
Strong
Good

Odds Of Distress

Less than 9

 
High
 
Low
Low
Hurco Companies is trading at 21.15 as of the 21st of November 2024, a 1.17 percent decrease since the beginning of the trading day. The stock's open price was 21.4. Hurco Companies has less than a 9 % chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for Hurco Companies are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of December 2022 and ending today, the 21st of November 2024. Click here to learn more.
Business Domain
Capital Goods
IPO Date
5th of September 1989
Category
Industrials
Hurco Companies, Inc., an industrial technology company, designs, manufactures, and sells computerized machine tools to companies in the metal cutting industry worldwide. Hurco Companies, Inc. was incorporated in 1968 and is headquartered in Indianapolis, Indiana. The company has 6.45 M outstanding shares of which 23.82 K shares are currently shorted by private and institutional investors with about 1.32 trading days to cover. More on Hurco Companies

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Hurco Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEO PresidentGregory Volovic
Thematic Ideas
(View all Themes)
Business ConcentrationIndustrial Machinery & Supplies & Components, Specialty Industrial Machinery, Industrials, NASDAQ Composite, NASDAQ Composite Total, Heavy Metals, Farming, Measuring and Control Equipment, Industrials, Machinery, Specialty Industrial Machinery, Industrials (View all Sectors)
Average Analyst Recommendation
Hurco Companies can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Hurco Companies' financial leverage. It provides some insight into what part of Hurco Companies' total assets is financed by creditors.
Liquidity
Hurco Companies currently holds 11.32 M in liabilities with Debt to Equity (D/E) ratio of 0.04, which may suggest the company is not taking enough advantage from borrowing. Hurco Companies has a current ratio of 3.51, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Hurco Companies' use of debt, we should always consider it together with its cash and equity.

Change To Inventory

(612,360)
Hurco Companies (HURC) is traded on NASDAQ Exchange in USA. It is located in One Technology Way, Indianapolis, IN, United States, 46268 and employs 716 people. Hurco Companies is listed under Industrial Machinery & Supplies & Components category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 136.41 M. Hurco Companies conducts business under Machinery sector and is part of Industrials industry. The entity has 6.45 M outstanding shares of which 23.82 K shares are currently shorted by private and institutional investors with about 1.32 trading days to cover. Hurco Companies currently holds about 73.54 M in cash with (12.82 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 11.2.
Check Hurco Companies Probability Of Bankruptcy
Ownership Allocation
The market capitalization of Hurco Companies is $136.41 Million. The majority of Hurco Companies outstanding shares are owned by outside corporations. These institutional investors are usually referred to as non-private investors looking to purchase positions in Hurco Companies to benefit from reduced commissions. Consequently, third-party entities are subject to a different set of regulations than regular investors in Hurco Companies. Please pay attention to any change in the institutional holdings of Hurco Companies as this could imply that something significant has changed or is about to change at the company. Please take into account that even companies with profitable outlook can generate negative future returns on their equity. If the true value of the firm is less than the current market value, you may not be able generate positive returns on investment in the long run.
Check Hurco Ownership Details

Hurco Stock Institutional Holders

InstituionRecorded OnShares
Federated Hermes Inc2024-09-30
72.9 K
Kennedy Capital Management Inc2024-06-30
71.7 K
Ancora Advisors Llc2024-06-30
70.1 K
Renaissance Technologies Corp2024-09-30
69 K
Geode Capital Management, Llc2024-06-30
66 K
Bridgeway Capital Management, Llc2024-06-30
65.6 K
Amh Equity Ltd2024-09-30
50 K
Bank Of New York Mellon Corp2024-06-30
40.6 K
Fmr Inc2024-09-30
40.3 K
Polar Asset Management Partners2024-06-30
831.2 K
Dimensional Fund Advisors, Inc.2024-09-30
417.2 K
View Hurco Companies Diagnostics

Hurco Companies Historical Income Statement

At present, Hurco Companies' EBIT is projected to decrease significantly based on the last few years of reporting. The current year's Income Before Tax is expected to grow to about 10.5 M, whereas Depreciation And Amortization is forecasted to decline to about 2.7 M. View More Fundamentals

Hurco Stock Against Markets

Hurco Companies Corporate Executives

Elected by the shareholders, the Hurco Companies' board of directors comprises two types of representatives: Hurco Companies inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Hurco. The board's role is to monitor Hurco Companies' management team and ensure that shareholders' interests are well served. Hurco Companies' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Hurco Companies' outside directors are responsible for providing unbiased perspectives on the board's policies.
Sonja McClellandCFO, VP, Treasurer and SecretaryProfile
When determining whether Hurco Companies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Hurco Companies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Hurco Companies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Hurco Companies Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hurco Companies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For information on how to trade Hurco Stock refer to our How to Trade Hurco Stock guide.
You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hurco Companies. If investors know Hurco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hurco Companies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.686
Dividend Share
0.48
Earnings Share
(1.97)
Revenue Per Share
30.639
Quarterly Revenue Growth
(0.20)
The market value of Hurco Companies is measured differently than its book value, which is the value of Hurco that is recorded on the company's balance sheet. Investors also form their own opinion of Hurco Companies' value that differs from its market value or its book value, called intrinsic value, which is Hurco Companies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hurco Companies' market value can be influenced by many factors that don't directly affect Hurco Companies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hurco Companies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Hurco Companies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hurco Companies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.