Hurco Companies (HURC) Releases Earnings Results
Hurco Companies (NASDAQ:HURC) issued its quarterly earnings results on Friday. The scientific and technical instruments company reported $0.95 EPS for the quarter, Bloomberg Earnings reports. Hurco Companies had a return on equity of 9.81% and a net margin of 6.27%.
NASDAQ:HURC opened at $44.20 on Friday. The stock has a market cap of $281.10 million, a P/E ratio of 14.00 and a beta of 0.34. Hurco Companies has a 52-week low of $33.40 and a 52-week high of $50.50.
Separately, BidaskClub raised Hurco Companies from a “sell” rating to a “hold” rating in a report on Friday, May 18th.
Hurco Companies, Inc, an industrial technology company, designs, manufactures, and sells computerized machine tools to companies in the metal cutting industry worldwide. The company offers general purpose computerized machine tools, such as vertical machining centers and turning centers. It also provides computer numerical control (CNC) machine tools, knee mills, vertical machining centers, tool room bed mills, combination lathes, horizontal machining centers, slant-bed lathes, and bridge mills; and double column vertical machining centers, and high-speed drill and tap machines.
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