Hurco Companies (HURC) Issues Earnings Results

Hurco Companies (NASDAQ:HURC) issued its quarterly earnings data on Friday. The scientific and technical instruments company reported $1.00 EPS for the quarter, Bloomberg Earnings reports. Hurco Companies had a net margin of 4.88% and a return on equity of 6.00%. The firm had revenue of $75.93 million for the quarter.

Hurco Companies (HURC) opened at $45.40 on Friday. The stock has a market cap of $300.74, a PE ratio of 26.71 and a beta of 0.52. Hurco Companies has a one year low of $26.25 and a one year high of $46.75.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, January 16th. Stockholders of record on Wednesday, January 3rd will be paid a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 0.88%. The ex-dividend date is Tuesday, January 2nd. Hurco Companies’s dividend payout ratio (DPR) is presently 23.53%.

In other news, Director Robert W. Cruickshank sold 1,000 shares of the firm’s stock in a transaction dated Monday, October 16th. The shares were sold at an average price of $45.00, for a total value of $45,000.00. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 8.30% of the stock is currently owned by company insiders.

A number of equities research analysts have commented on HURC shares. ValuEngine lowered shares of Hurco Companies from a “buy” rating to a “hold” rating in a report on Friday, December 1st. BidaskClub lowered shares of Hurco Companies from a “buy” rating to a “hold” rating in a report on Saturday, December 2nd.

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About Hurco Companies

Hurco Companies, Inc is an industrial technology company. The Company designs, manufactures and sells computerized (Computer Numeric Control (CNC)) machine tools, consisting primarily of vertical machining centers (mills) and turning centers (lathes), to companies in the metal cutting industry. It operates in the industrial automation equipment segment.

Earnings History for Hurco Companies (NASDAQ:HURC)

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