Press coverage about Hurco Companies (NASDAQ:HURC) has been trending somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies negative and positive press coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Hurco Companies earned a media sentiment score of 0.11 on Accern’s scale. Accern also gave media stories about the scientific and technical instruments company an impact score of 46.790329247579 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Several equities analysts have commented on the company. BidaskClub downgraded Hurco Companies from a “hold” rating to a “sell” rating in a research report on Tuesday. ValuEngine raised Hurco Companies from a “hold” rating to a “buy” rating in a research report on Monday, February 5th.
Hurco Companies (NASDAQ HURC) traded up $1.55 on Wednesday, hitting $43.50. The stock had a trading volume of 45,813 shares, compared to its average volume of 34,407. Hurco Companies has a fifty-two week low of $26.25 and a fifty-two week high of $50.33. The company has a market cap of $279.09, a P/E ratio of 18.64 and a beta of 0.33.
Hurco Companies (NASDAQ:HURC) last posted its quarterly earnings results on Friday, January 5th. The scientific and technical instruments company reported $1.00 earnings per share (EPS) for the quarter. The business had revenue of $75.93 million for the quarter. Hurco Companies had a return on equity of 7.76% and a net margin of 6.20%.
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, January 16th. Investors of record on Wednesday, January 3rd were paid a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.92%. The ex-dividend date was Tuesday, January 2nd. Hurco Companies’s dividend payout ratio (DPR) is currently 17.78%.
In related news, CEO Michael Doar sold 13,900 shares of the firm’s stock in a transaction dated Wednesday, January 17th. The stock was sold at an average price of $47.48, for a total transaction of $659,972.00. Following the sale, the chief executive officer now directly owns 113,283 shares of the company’s stock, valued at $5,378,676.84. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, President Gregory S. Volovic sold 2,700 shares of the firm’s stock in a transaction that occurred on Friday, January 12th. The shares were sold at an average price of $47.94, for a total value of $129,438.00. Following the completion of the sale, the president now directly owns 38,839 shares in the company, valued at $1,861,941.66. The disclosure for this sale can be found here. Insiders have sold a total of 35,715 shares of company stock valued at $1,703,825 over the last 90 days. 7.90% of the stock is currently owned by company insiders.
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Hurco Companies Company Profile
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.
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