Hurco Companies Stock Today
HURC Stock | USD 18.47 0.04 0.22% |
Performance0 of 100
| Odds Of DistressLess than 3
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Hurco Companies is trading at 18.47 as of the 27th of April 2024, a -0.22 percent decrease since the beginning of the trading day. The stock's open price was 18.51. Hurco Companies has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over 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 28th of March 2024 and ending today, the 27th of April 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 6.51 M outstanding shares of which 12.28 K shares are currently shorted by private and institutional investors with about 0.45 trading days to cover. More on Hurco Companies
Moving together with Hurco Stock
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Moving against Hurco Stock
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Hurco Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Hurco Companies' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Hurco Companies or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO President | Gregory Volovic | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Thematic Ideas | Showing 3 out of 4 themes | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Business Concentration | Industrial Machinery & Supplies & Components, Specialty Industrial Machinery, Industrials, NASDAQ Composite, NASDAQ Composite Total, Heavy Metals, Farming, Aluminum, Measuring and Control Equipment, Industrials, Machinery, Specialty Industrial Machinery, Industrials (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Average Analyst Recommendation Analysts covering Hurco Companies report their recommendations after researching Hurco Companies' financial statements, talking to executives and customers, or listening in on Hurco Companies' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Hurco Companies. The Hurco consensus assessment is calculated by taking the average forecast from all of the analysts covering Hurco Companies. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength Based on the key indicators related to Hurco Companies' liquidity, profitability, solvency, and operating efficiency, Hurco Companies is doing better financially then in previous quarter. It has a moderate probability of reporting better financial numbers in May. Financial strength of Hurco Companies is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Hurco Companies' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Hurco Companies' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to 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.
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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 123.35 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Hurco Companies's market, we take the total number of its shares issued and multiply it by Hurco Companies's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Hurco Companies conducts business under Machinery sector and is part of Industrials industry. The entity has 6.51 M outstanding shares of which 12.28 K shares are currently shorted by private and institutional investors with about 0.45 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 AllocationThe market capitalization of Hurco Companies is $123.35 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 Price Odds Analysis
What are Hurco Companies' target price odds to finish over the current price? Based on a normal probability distribution, the odds of Hurco Companies jumping above the current price in 90 days from now is about 91.21%. The Hurco Companies probability density function shows the probability of Hurco Companies stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Hurco Companies has a beta of -0.6701. This usually indicates as returns on the benchmark increase, returns on holding Hurco Companies are expected to decrease at a much lower rate. During a bear market, however, Hurco Companies is likely to outperform the market. Additionally, hurco Companies has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Hurco Companies to move above the current price in 90 days from now is about 91.21 (This Hurco Companies probability density function shows the probability of Hurco Stock to fall within a particular range of prices over 90 days) .
Hurco Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Hurco Companies that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Hurco Companies' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Hurco Companies' value.Instituion | Recorded On | Shares | |
Federated Hermes Inc | 2023-12-31 | 91.9 K | |
Acuitas Investments, Llc | 2023-12-31 | 87.8 K | |
Renaissance Technologies Corp | 2023-12-31 | 80.4 K | |
Kennedy Capital Management Inc | 2023-12-31 | 73.1 K | |
Geode Capital Management, Llc | 2023-12-31 | 65.2 K | |
Bridgeway Capital Management, Llc | 2023-12-31 | 58.5 K | |
Bank Of New York Mellon Corp | 2023-12-31 | 55.4 K | |
Ancora Advisors Llc | 2023-12-31 | 34.3 K | |
Juniper Investment Co, Llc | 2023-09-30 | 33.9 K | |
Royce & Associates, Lp | 2023-12-31 | 492.1 K | |
Dimensional Fund Advisors, Inc. | 2023-12-31 | 461.7 K |
Hurco Companies Historical Income Statement
Hurco Companies Income Statement is one of the three primary financial statements used for reporting Hurco's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Hurco Companies revenue and expense. Hurco Companies Income Statement primarily focuses on the company's revenues and expenses during a particular period.
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 2.8 M. View More FundamentalsHurco Stock Against Markets
Picking the right benchmark for Hurco Companies stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Hurco Companies stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Hurco Companies is critical whether you are bullish or bearish towards Hurco Companies at a given time. Please also check how Hurco Companies' historical prices are related to one of the top price index indicators.
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Hurco Companies Corporate Directors
Hurco Companies corporate directors refer to members of a Hurco Companies board of directors. The board of directors generally takes responsibility for the Hurco Companies' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Hurco Companies' board members must vote for the resolution. The Hurco Companies board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.Ronald Strackbein | Independent Director | Profile | |
Andrew Niner | Independent Director | Profile | |
Thomas Aaro | Independent Director | Profile | |
Richard Porter | Independent Director | Profile |
How to buy Hurco Stock?
Before investing in Hurco Companies, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Hurco Companies. To buy Hurco Companies stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Hurco Companies. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Hurco Companies stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Hurco Companies stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Hurco Companies stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Hurco Companies, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Hurco Stock please use our How to Invest in Hurco Companies guide.
Already Invested in Hurco Companies?
The danger of trading Hurco Companies is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Hurco Companies is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Hurco Companies. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Hurco Companies is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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 tightly coupled 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 Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Complementary Tools for Hurco Stock analysis
When running Hurco Companies' price analysis, check to measure Hurco Companies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hurco Companies is operating at the current time. Most of Hurco Companies' value examination focuses on studying past and present price action to predict the probability of Hurco Companies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hurco Companies' price. Additionally, you may evaluate how the addition of Hurco Companies to your portfolios can decrease your overall portfolio volatility.
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Is Hurco Companies' industry 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 0.64 | Earnings Share 0.21 | Revenue Per Share 33.702 | Quarterly Revenue Growth (0.18) |
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.