Hurco Companies (HURC) Earns News Sentiment Score of 0.16

Media headlines about Hurco Companies (NASDAQ:HURC) have trended somewhat positive recently, Accern reports. The research group identifies negative and positive media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Hurco Companies earned a news impact score of 0.16 on Accern’s scale. Accern also gave news stories about the scientific and technical instruments company an impact score of 46.2808746155693 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

Shares of Hurco Companies (HURC) traded up $1.25 during mid-day trading on Thursday, reaching $48.05. The company had a trading volume of 94,000 shares, compared to its average volume of 44,391. The firm has a market cap of $310.81, a price-to-earnings ratio of 21.36 and a beta of 0.52. Hurco Companies has a twelve month low of $26.25 and a twelve month high of $48.95.

Hurco Companies (NASDAQ:HURC) last announced its quarterly earnings results on Friday, January 5th. The scientific and technical instruments company reported $1.00 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 declared a quarterly dividend, which was paid on Tuesday, January 16th. Investors of record on Wednesday, January 3rd were paid a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 0.83%. The ex-dividend date was Tuesday, January 2nd. Hurco Companies’s dividend payout ratio is 17.78%.

HURC has been the topic of several recent analyst reports. BidaskClub lowered Hurco Companies from a “buy” rating to a “hold” rating in a research note on Saturday, December 2nd. ValuEngine lowered Hurco Companies from a “buy” rating to a “hold” rating in a research note on Friday, December 1st.

In other Hurco Companies news, President Gregory S. Volovic sold 2,700 shares of the business’s stock in a transaction on Friday, January 12th. The stock was sold at an average price of $47.94, for a total value of $129,438.00. Following the transaction, the president now owns 38,839 shares of the company’s stock, valued at $1,861,941.66. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, President Gregory S. Volovic sold 8,115 shares of the business’s stock in a transaction on Tuesday, January 16th. The stock was sold at an average price of $48.04, for a total value of $389,844.60. Following the completion of the transaction, the president now directly owns 38,839 shares in the company, valued at approximately $1,865,825.56. The disclosure for this sale can be found here. In the last ninety days, insiders sold 15,815 shares of company stock worth $759,333. 8.30% of the stock is owned by 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.

Insider Buying and Selling by Quarter for Hurco Companies (NASDAQ:HURC)

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