Hurco Companies, Inc. (HURC)
| Market Cap | 136.41M |
| Revenue (ttm) | 198.99M |
| Net Income (ttm) | -12.78M |
| Shares Out | 6.45M |
| EPS (ttm) | -1.97 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | $0.64 (3.03%) |
| Ex-Dividend Date | Mar 27, 2024 |
| Volume | 8,776 |
| Open | 21.48 |
| Previous Close | 21.40 |
| Day's Range | 21.03 - 21.49 |
| 52-Week Range | 14.83 - 28.20 |
| Beta | 0.39 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Jan 3, 2025 |
About HURC
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... [Read more]
Financial Performance
In 2023, Hurco Companies's revenue was $227.81 million, a decrease of -9.17% compared to the previous year's $250.81 million. Earnings were $4.33 million, a decrease of -46.76%.
Financial StatementsNews
Hurco Poised to Pioneer the Future of Manufacturing
INDIANAPOLIS, Oct. 25, 2024 (GLOBE NEWSWIRE) -- Hurco Companies, Inc. (Nasdaq: HURC), announced today its vision to drive the future of Autonomous Machining Centers by harnessing the power of AI, mech...
Hurco's AI Innovations Set to Revolutionize the Industry, Ushering in a New Era of Speed and Precision
INDIANAPOLIS, Oct. 11, 2024 (GLOBE NEWSWIRE) -- Hurco Companies, Inc. (Nasdaq: HURC) made waves at the 2024 International Manufacturing Technology Show (IMTS), unveiling cutting-edge technological adv...
Hurco Celebrates Successful IMTS as Show Generates Excitement Over Technological Advancements
INDIANAPOLIS, Sept. 27, 2024 (GLOBE NEWSWIRE) -- Hurco Companies, Inc. (Nasdaq: HURC) delivered a standout performance at the 2024 International Manufacturing Technology Show (IMTS) in Chicago, showca...
With Global Manufacturing Growth Uncertain Hurco Gets A Hold Rating
Hurco is rated as a HOLD due to current economic factors beyond its control affecting business performance. A significant drop in sales in Europe, the U.S., and China, are impacting Hurco's revenues. ...
Hurco and Universal Robots Showcase Integrated Automation Packages at IMTS
Innovative collaboration between Hurco Companies, Inc. and Universal Robots delivers a new turnkey automation system that empowers manufacturers despite a tightening labor market Innovative collaborat...
Hurco Reports Third Quarter Results for Fiscal Year 2024
INDIANAPOLIS, Sept. 06, 2024 (GLOBE NEWSWIRE) -- Hurco Companies, Inc. (Nasdaq: HURC) today reported results for the third fiscal quarter ended July 31, 2024. Hurco recorded a net loss of $9,596,000, ...
Hurco's Unique Expertise in Control Technology and Dedication to Product Development to Be on Display at IMTS
Hurco Companies, Inc. will highlight the benefits of the company's relentless focus on control technology and product development at 2024 IMTS Booth #338319 Hurco Companies, Inc. will highlight the be...
Hurco Announces Strategic Collaboration with Kawasaki Robotics to Deliver Turnkey, Industrial-Grade, Robotic Machine-Tending Solutions
Companies will present interactive, no-code, turnkey, robotic machine tending demos in booth #236520 and booth #338319 at the 2024 International Manufacturing Technology Show (IMTS) in Chicago, Illino...
Hurco's stock slides 12.8% after company suspends quarterly dividend payments
Hurco Cos. Inc.'s stock HURC, -0.75% tumbled 12.8% early Friday, after the industrial technology company said it's suspending its quarterly dividend as it works to enhance its financial flexibility. “...
Hurco Companies, Inc. Announces Suspension of Quarterly Cash Dividend
INDIANAPOLIS, June 14, 2024 (GLOBE NEWSWIRE) -- Hurco Companies, Inc. (Nasdaq Global Select Market: HURC) (“Hurco” or the “Company”), an international industrial technology company, announced today th...
Hurco's Results Reflect An Underlying Industrial Market That Is Still Under Real Pressure
Hurco's fiscal second quarter reflected underappreciated pressures in the industrial economy, as industrial capex spending weakens amid short-cycle uncertainty. The company's gross margin fell more th...
Hurco Hammered As Short-Cycle Manufacturing Trends Remain Weak
Hurco's fiscal Q4'23 results were surprisingly strong, but fiscal Q1'24 saw a sharp decline, reflecting the volatility of the business and still-weak trends across the manufacturing sector. Manufactur...
Hurco Companies, Inc. Announces Quarterly Cash Dividend
INDIANAPOLIS, March 15, 2024 (GLOBE NEWSWIRE) -- Hurco Companies, Inc. (Nasdaq Global Select Market: HURC), an international industrial technology company, announced today that its Board of Directors ...
Hurco Reports First Quarter Results for Fiscal Year 2024
INDIANAPOLIS, March 08, 2024 (GLOBE NEWSWIRE) -- Hurco Companies, Inc. (Nasdaq: HURC) today reported results for the first fiscal quarter ended January 31, 2024. Hurco recorded a net loss of $1,648,00...
Hurco Reports Fourth Quarter and Full Year Results for Fiscal 2023
INDIANAPOLIS, Jan. 05, 2024 (GLOBE NEWSWIRE) -- Hurco Companies, Inc. (Nasdaq: HURC) today reported results for the fourth fiscal quarter and fiscal year ended October 31, 2023. Hurco recorded net inc...
Hurco: New Stock Repurchases, Lower Selling Cost, And Very Cheap
Hurco Companies is a company dedicated to the manufacturing of technology products that primarily serve customers in the metal fabrication industry. It is trading at its lowest stock valuation in the ...
Hurco Sees Another Downturn In Orders As Manufacturers Batten Down The Hatches
Hurco's fiscal Q3 results were fairly stable relative to Q2, but the outlook is weaker, with a sharp decline in orders and a need to reduce inventories and realign production. Macro indicators in Hurc...
Hurco Reports Third Quarter Results for Fiscal Year 2023
INDIANAPOLIS, Sept. 08, 2023 (GLOBE NEWSWIRE) -- Hurco Companies, Inc. (Nasdaq: HURC) today reported results for the third fiscal quarter ended July 31, 2023. Hurco recorded net income of $260,000, or...
Hurco: Strong Enough To Endure Current And Potential Headwinds
The share price is trading 56% below all-time highs due to declining revenues and margin contraction. Orders have increased slightly during the past quarter, suggesting some demand stabilization. Marg...
Hurco Likely Past The Worst, But The Bull Case Needs Time
Hurco's fiscal second quarter results may point to a bottoming in the cycle, as revenue declines slow and orders return to growth from a low level. Margins are soft on mix, overhead absorption, and on...
Hurco Announces Quarterly Cash Dividend
INDIANAPOLIS, June 09, 2023 (GLOBE NEWSWIRE) -- Hurco Companies, Inc. (Nasdaq Global Select Market: HURC), an international industrial technology company, announced today that its Board of Directors a...
Hurco Reports Second Quarter Results for Fiscal Year 2023
INDIANAPOLIS, June 02, 2023 (GLOBE NEWSWIRE) -- Hurco Companies, Inc. (Nasdaq: HURC) today reported results for the second fiscal quarter ended April 30, 2023. Hurco recorded net income of $377,000, o...
Johnson & Johnson, Procter & Gamble Among 11 Companies To Continue Dividend Growth In Early April
Eleven companies announced annual dividend increases in March. Colgate-Palmolive started its 7th decade of dividend growth in March with a 2% boost. Steel Dynamics followed up last year's 31% boost wi...
Hurco: Navigating Elevated Uncertainty And A Short-Cycle Slowdown
Hurco's fiscal first quarter results met my expectations, but did show clear weakness in North American and European sales that was significantly worse than typical industrial reports for the quarter....