Industrials -
Industrial - Machinery - NASDAQ - US
$ 13.91
-1.35 %
$ 90.2 M
Market Cap
-4.67
P/E
1. INTRINSIC VALUE
Balance Sheet
Hurco Companies, Inc.
| Current Assets | 229 M |
| Cash & Short-Term Investments | 33.3 M |
| Receivables | 36.7 M |
| Other Current Assets | 159 M |
| Non-Current Assets | 40.1 M |
| Long-Term Investments | 0 |
| PP&E | 20.1 M |
| Other Non-Current Assets | 20 M |
| Current Liabilities | 47.8 M |
| Accounts Payable | 25 M |
| Short-Term Debt | 3.83 M |
| Other Current Liabilities | 19 M |
| Non-Current Liabilities | 13.7 M |
| Long-Term Debt | 7.85 M |
| Other Non-Current Liabilities | 5.83 M |
EFFICIENCY
Earnings Waterfall
Hurco Companies, Inc.
| Revenue | 37.7 M |
| Cost Of Revenue | 0 |
| Gross Profit | 37.7 M |
| Operating Expenses | 46 M |
| Operating Income | -8.29 M |
| Other Expenses | 8.32 M |
| Net Income | -16.6 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Hurco Companies, Inc.
| Net Income | -16.6 M |
| Depreciation & Amortization | 3.53 M |
| Capital Expenditures | -1.24 M |
| Stock-Based Compensation | 1.65 M |
| Change in Working Capital | 5.97 M |
| Others | -2.99 M |
| Free Cash Flow | -3.76 M |
Wall Street Analysts Price Targets
Hurco Companies, Inc.
HURC has no price targets from Wall Street.
4. DIVIDEND
ANALYSIS
0.00%
DIVIDEND YIELD
0.16 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Hurco Companies, Inc.
Sold
0-3 MONTHS
482 K USD 1
3-6 MONTHS
0 USD 0
6-9 MONTHS
984 K USD 1
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
44.6 K USD 3
9-12 MONTHS
7. News
HURC Stock Falls Post Q1 Earnings Decline, Orders Dip Y/Y
Hurco records a wider loss and a sharp decline in orders in first-quarter fiscal 2025, despite a revenue increase driven by growth in the Americas and Asia Pacific.
zacks.com
- 1 month ago
Hurco: Another Weak Quarter Continues The Pushout To Recovery
Like the larger machinery capex space, Hurco has struggled to find a cyclical bottom, and the current business environment is a challenging one for its generally smaller clientele. Fiscal Q1 saw a 14% sequential revenue decline, with gross margin contraction and a larger operating loss, and management saw a mix shift toward more value-priced machinery. Orders fell 20% YoY and 22% QoQ, with a book-to-bill ratio of 0.86x, indicating ongoing challenges in the machine tool market that others have echoed to varying degrees.
seekingalpha.com
- 1 month ago
Hurco Reports First Quarter Results for Fiscal Year 2025
INDIANAPOLIS, March 07, 2025 (GLOBE NEWSWIRE) -- Hurco Companies, Inc. (Nasdaq: HURC) today reported results for the first fiscal quarter ended January 31, 2025. Hurco recorded a net loss of $4,320,000, or $0.67 loss per diluted share, for the first quarter of fiscal year 2025, which included a non-cash tax valuation allowance of $2,385,000 recorded in provision for income taxes, compared to a net loss of $1,648,000, or $0.25 loss per diluted share, for the corresponding period in fiscal year 2024.
globenewswire.com
- 1 month ago
Hurco Stock Down on Q4 Loss, Revenue and Gross Margins Decline
HURC posts a quarterly loss and revenue dip in fourth-quarter fiscal 2024, with declining margins and weak demand.
zacks.com
- 3 months ago
Hurco Grinding Toward A Recovery, But In Fits And Starts
Hurco faced a challenging 2024 with weak demand among its smaller manufacturing customer base, with higher interest rates and election uncertainties, leading to reduced capital spending. Hurco's exposure to smaller manufacturers and European markets led to a significant peak-to-trough decline, but orders seem to be stabilizing ahead of end-market recoveries around mid-2025. Hurco has leverage to ongoing manufacturing reshoring, and the company's automation tools can help its smaller customers become more productive, but this is not a buy-and-hold idea.
seekingalpha.com
- 3 months ago
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, mechatronics, motion, and simulation technologies.
globenewswire.com
- 5 months ago
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 advancements that mark a turning point in the company's ability to leverage emerging AI technology directly into its core control software. Business owners and operators will be excited to learn that these innovations, born from relentless R&D efforts, position Hurco as a leader in machine tool technology. Visitors to IMTS were given an exclusive preview of the revolutionary AI-driven features that will define Hurco's next-generation control systems, showcasing the company's forward momentum and continued leadership in CNC control technology.
globenewswire.com
- 6 months ago
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, showcasing groundbreaking advancements in CNC technology and control systems. The company's expanded 16,000-square-foot booth attracted an abundance of visitors at a well-attended show, underscoring Hurco's leadership in innovation and ability to meet the evolving needs of manufacturers.
globenewswire.com
- 6 months ago
HURC Stock Up Despite Y/Y Decline in Q3 Earnings, Gross Margin Down
Hurco's overall topline is dampened by revenue declines in all its geographic regions.
zacks.com
- 7 months ago
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. The company's success is closely tied to the industrial manufacturing sectors in the U.S., Italy, Germany, the U.K., France, India, and China.
seekingalpha.com
- 7 months ago
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 collaboration between Hurco Companies, Inc. and Universal Robots delivers a new turnkey automation system that empowers manufacturers despite a tightening labor market
globenewswire.com
- 7 months ago
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, or $(1.47) per diluted share, in the third quarter of fiscal year 2024, which included a non-cash tax valuation allowance of $8,158,000 recorded in provision for income taxes. This net loss of $9,596,000 for the third quarter of fiscal 2024 compares to net income of $260,000, or $0.04 per diluted share, for the corresponding period in fiscal year 2023. For the nine months of fiscal year 2024, Hurco reported a net loss of $15,166,000, or $(2.33) per diluted share, compared to net income of $1,967,000, or $0.30 per diluted share, for the corresponding period in fiscal year 2023. The net loss for the nine months of fiscal 2024 also included the $8,158,000 non-cash tax valuation allowance recorded in provision for income taxes.
globenewswire.com
- 7 months ago
8. Profile
Summary
Hurco Companies, Inc. HURC
COUNTRY
US
INDUSTRY
Industrial - Machinery
MARKET CAP
$ 90.2 M
Dividend Yield
0.00%
Description
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.
Contact
One Technology Way, Indianapolis, IN, 46268
https://www.hurco.com
IPO
Date
Aug. 27, 1980
Employees
688
Officers
Mr. Jonathon D. Wright
General Counsel & Corporate Secretary
Ms. Haiquynh Jamison
Corporate Controller & Principal Accounting Officer
Mr. Gregory S. Volovic
President, Chief Executive Officer & Director
Mr. Michael Doar
Executive Chairman
Ms. Sonja K. McClelland
Executive Vice President, Treasurer & Chief Financial Officer