For its fourth fiscal quarter (ending October 31), Hurco Cos Inc (NASDAQ: HURC) has reported a 68% increase in E.P.S. from $0.22 a year ago to $0.37 in the current quarter. For the latest four quarters through October 31, E.P.S. were $0.67 compared to $1.24 a year ago — a decline of -46%.
Recent Price Action
Hurco Cos Inc (NASDAQ: HURC) stock enjoyed a very large increase of 5.7% on 1/5/24. The shares closed at $22.75. Moreover, this advance was accompanied by exceptionally high trading volume at 333% of normal. The stock has performed in line with the market over the last nine months and has risen 7.3% during the last week.
Current PriceTarget Research Rating
HURC’s future returns on capital are forecasted to be in line with the cost of capital. Accordingly, the company is expected to continue to be Value Creation neutral.
Hurco has a current Value Trend Rating of C (Low Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Hurco has a neutral Appreciation Score of 49 and a neutral Power Rating of 46, leading to the Low Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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