Hurco Companies Stock Buy Hold or Sell Recommendation
| HURC Stock | USD 18.93 0.08 0.42% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Hurco Companies is 'Hold'. Macroaxis provides Hurco Companies buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding HURC positions. The advice algorithm takes into account all of Hurco Companies' available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Hurco Companies' buy or sell advice are summarized below:
Real Value 24.18 | Target Price 38 | Hype Value 18.73 | Market Value 18.93 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Hurco Companies given historical horizon and risk tolerance towards Hurco Companies. When Macroaxis issues a 'buy' or 'sell' recommendation for Hurco Companies, the advice is generated through an automated system that utilizes algorithms and statistical models.
Hurco |
Execute Hurco Companies Buy or Sell Advice
The Hurco recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Hurco Companies. Macroaxis does not own or have any residual interests in Hurco Companies or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Hurco Companies' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Hold
Market Performance | Very Weak | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Responds to the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Strong Sell | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
Hurco Companies Trading Alerts and Improvement Suggestions
| Hurco Companies generated a negative expected return over the last 90 days | |
| Hurco Companies has high historical volatility and very poor performance | |
| 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. | |
| Roughly 74.0% of the company shares are owned by institutional investors | |
| On 12th of April 2024 Hurco Companies paid $ 0.16 per share dividend to its current shareholders | |
| Latest headline from news.google.com: Hurco Companies Will Pay A Dividend Of 0.15 - Yahoo Movies Canada |
Hurco Companies Returns Distribution Density
The distribution of Hurco Companies' historical returns is an attempt to chart the uncertainty of Hurco Companies' future price movements. The chart of the probability distribution of Hurco Companies daily returns describes the distribution of returns around its average expected value. We use Hurco Companies price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Hurco Companies returns is essential to provide solid investment advice for Hurco Companies.
| Mean Return | -0.24 | Value At Risk | -2.68 | Potential Upside | 2.42 | Standard Deviation | 3.41 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Hurco Companies historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Hurco Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Hurco Companies is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Hurco Companies backward and forwards among themselves. Hurco Companies' institutional investor refers to the entity that pools money to purchase Hurco Companies' securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| 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 Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | 3.5M | 2.2M | (24.4M) | (648K) | (583.2K) | (612.4K) | |
| Change In Cash | 916K | 26.2M | (20.1M) | (22.1M) | (19.9M) | (18.9M) | |
| Free Cash Flow | 9.3M | 29.8M | (6.2M) | (14.1M) | (16.2M) | (15.4M) | |
| Depreciation | 4.5M | 4.2M | 3.9M | 4.1M | 4.7M | 3.2M | |
| Other Non Cash Items | 6.5M | (244K) | 990K | (11.5M) | (10.4M) | (9.9M) | |
| Dividends Paid | 3.4M | 3.7M | 3.9M | 4.1M | 4.8M | 5.0M | |
| Capital Expenditures | 1.7M | 2.4M | 2.2M | 1.3M | 1.5M | 1.4M | |
| Net Income | (6.2M) | 6.8M | 8.2M | 4.4M | 5.0M | 7.2M | |
| End Period Cash Flow | 57.9M | 84.1M | 63.9M | 41.8M | 48.1M | 30.3M | |
| Change Receivables | 11.2M | 15.9M | (15.2M) | 280K | 322K | 338.1K | |
| Change To Netincome | 2.6M | 7.7M | 2.4M | 3.3M | 3.8M | 2.9M | |
| Investments | (1.2M) | (979K) | (2.1M) | (1.9M) | (1.7M) | (1.8M) |
Hurco Companies Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Hurco Companies or Machinery sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Hurco Companies' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Hurco stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | -0.36 | |
β | Beta against NYSE Composite | 1.32 | |
σ | Overall volatility | 3.48 | |
Ir | Information ratio | -0.1 |
Hurco Companies Volatility Alert
Hurco Companies exhibits very low volatility with skewness of -4.23 and kurtosis of 26.87. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Hurco Companies' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Hurco Companies' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Hurco Companies Fundamentals Vs Peers
Comparing Hurco Companies' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Hurco Companies' direct or indirect competition across all of the common fundamentals between Hurco Companies and the related equities. This way, we can detect undervalued stocks with similar characteristics as Hurco Companies or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Hurco Companies' fundamental indicators could also be used in its relative valuation, which is a method of valuing Hurco Companies by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Hurco Companies to competition |
| Fundamentals | Hurco Companies | Peer Average |
| Return On Equity | 0.0062 | -0.31 |
| Return On Asset | 0.007 | -0.14 |
| Profit Margin | 0.01 % | (1.27) % |
| Operating Margin | (0.04) % | (5.51) % |
| Current Valuation | 97.08 M | 16.62 B |
| Shares Outstanding | 6.51 M | 571.82 M |
| Shares Owned By Insiders | 7.64 % | 10.09 % |
| Shares Owned By Institutions | 73.60 % | 39.21 % |
| Number Of Shares Shorted | 9.38 K | 4.71 M |
| Price To Earning | 161.78 X | 28.72 X |
| Price To Book | 0.56 X | 9.51 X |
| Price To Sales | 0.57 X | 11.42 X |
| Revenue | 227.81 M | 9.43 B |
| Gross Profit | 64.48 M | 27.38 B |
| EBITDA | 10.71 M | 3.9 B |
| Net Income | 4.39 M | 570.98 M |
| Cash And Equivalents | 73.54 M | 2.7 B |
| Cash Per Share | 11.20 X | 5.01 X |
| Total Debt | 11.32 M | 5.32 B |
| Debt To Equity | 0.04 % | 48.70 % |
| Current Ratio | 3.58 X | 2.16 X |
| Book Value Per Share | 34.52 X | 1.93 K |
| Cash Flow From Operations | (12.82 M) | 971.22 M |
| Short Ratio | 0.27 X | 4.00 X |
| Earnings Per Share | 0.21 X | 3.12 X |
| Target Price | 38.0 | |
| Number Of Employees | 716 | 18.84 K |
| Beta | 0.43 | -0.15 |
| Market Capitalization | 122.64 M | 19.03 B |
| Total Asset | 290.59 M | 29.47 B |
| Retained Earnings | 180.12 M | 9.33 B |
| Working Capital | 193.26 M | 1.48 B |
| Current Asset | 218.38 M | 9.34 B |
Note: Acquisition by Janaki Sivanesan of 2871 shares of Hurco Companies subject to Rule 16b-3 [view details]
Hurco Companies Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Hurco . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 229.09 | |||
| Daily Balance Of Power | 0.2105 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 19.03 | |||
| Day Typical Price | 19.0 | |||
| Price Action Indicator | (0.06) | |||
| Period Momentum Indicator | 0.08 |
About Hurco Companies Buy or Sell Advice
When is the right time to buy or sell Hurco Companies? Buying financial instruments such as Hurco Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 8.8M | 11.3M | 10.2M | 9.6M | Total Assets | 306.2M | 290.6M | 334.2M | 350.9M |
Use Investing Ideas to Build Portfolios
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Check out Hurco Companies Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For information on how to trade Hurco Stock refer to our How to Trade Hurco Stock guide.You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
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.