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HURC Price Correlated With Financials For Hurco Companies

Free historical financial statements for Hurco Companies Inc. See how revenue, income, cash flow, and balance sheet financials have changed over 44 quarters since 2012. Compare with HURC stock chart to see long term trends.

HURC Stock Compared to Quarterly

HURC Income Statement

Revenue, Net:63462000
Revenue Per Share:9.6345
Cost of Goods & Services Sold:45892000
Gross Profit:17570000
Selling, General & Admin Expense:14872000
Operating Income:2698000
Income Taxes:628000
Net Income:1424000
Earnings Per Share, Basic:0.22
Shares Outstanding, Basic Avg:6586962

HURC Cash Flow

Operating Activities Net Income:
Depreciation, Depletion & Amortization:962000
Net Cash from Operations:-6407000
Net Cash from Operations Per Share:-0.9727
Cash Dividends Paid:996000
Net Cash from Financing Activities:-995000
Property, Plant & Equipment Purchases:279000
Net Cash from Investing Activities:-567000
Net Change in Cash & Equivalents:-9614000

HURC Balance Sheet

Cash and Cash Equivalents:63922000
Accounts Receivable, Net:38444000
Inventories:156207000
Total Current Assets:268069000
Property, Plant & Equipment, Net:8483000
Total Assets:306237000
Accounts Payable:38783000
Total Short-Term Liabilities:73336000

Major Holders (from 13F filings)

Investment Type
Change
Value (x$1000)
increase or decrease
Royce & Associates Lp
889,204 sh
15,700 sh
2%
$19,989
-$1,621
Polar Asset Management Partners Inc.
831,243 sh
 
$18,686
Dimensional Fund Advisors LP
518,035 sh
-16,158 sh
-3%
$11,646
-$1,570
Brandes Investment Partners, LP
320,820 sh
7,480 sh
2%
$7,212
-$540
Vanguard Group Inc
269,196 sh
-2,202 sh
-1%
$6,052
-$663
Ameriprise Financial Inc
247,209 sh
10,960 sh
5%
$5,557
-$287
FMR LLC
168,561 sh
-203,144 sh
-55%
$3,790
-$5,406
Oppenheimer & Close, LLC
167,446 sh
111,217 sh
198%
$3,764
$2,373
Pacific Ridge Capital Partners, LLC
158,591 sh
-4,700 sh
-3%
$3,565
-$475
Meros Investment Management, LP
124,224 sh
-235 sh
0%
$2,793
-$286
Blackrock Inc.
97,562 sh
-9,296 sh
-9%
$2,193
-$450
Franklin Resources Inc
95,500 sh
 
$2,147
Federated Hermes, Inc.
90,947 sh
 
$2,044
Value Holdings Management Co. LLC
87,813 sh
 
$1,974
Invenomic Capital Management Lp
80,720 sh
26,454 sh
49%
$1,815
$472
Renaissance Technologies LLC
58,097 sh
-15,085 sh
-21%
$1,306
-$1,001
Geode Capital Management, LLC
56,437 sh
1,344 sh
2%
$1,268
-$95
First Manhattan Co
51,550 sh
-2,425 sh
-4%
$1,158
-$177
Bridgeway Capital Management Inc
41,332 sh
 
$929
Kennedy Capital Management, Inc.
36,542 sh
22,002 sh
151%
$821
$461
COMPANY PROFILE
2. BUSINESS OPERATIONS Nature of Business . We design, manufacture, and sell computerized CNC machine tools, computer control systems and software products, machine tool components, automation integration equipment and solutions for job shops, software options, control upgrades, accessories and replacement parts for our products, as well as customer service, training, and applications support, to companies in the metal cutting industry through a worldwide sales, service, and distribution network. The machine tool industry is highly cyclical and changes in demand can occur abruptly in the geographic markets we serve. As a result of this cyclicality, we have experienced significant fluctuations in our sales, which, in periods of reduced demand, have adversely affected our results of operations and financial condition. The end market for our products consists primarily of precision tool, die and mold manufacturers, independent job shops, and specialized short–run production applications within large manufacturing operations. Industries served include: aerospace, defense, medical equipment, energy, automotive/transportation, electronics, and computer industries. Our products are sold principally through more than 180 independent agents and distributors throughout the Americas, Europe and Asia. We also have our own direct sales and service organizations in China, France, Germany, India, Italy, the Netherlands, Poland, Singapore, Taiwan, the United Kingdom, and certain areas of the United States. We operate in the industrial equipment industry and have a global footprint that subjects us to various business risks in many different countries. During fiscal 2020, our operating results were adversely affected by the international business disruption due to the outbreak of COVID-19 and the economic slowdown in Europe, uncertainty surrounding the U.K. Brexit activities, and political friction in the U.S. Many of our customers deferred or eliminated investments in capital equipment last year, which we attributed largely to the uncertainty these events created.  During fiscal 2021, our sales increased year-over-year in all regions as countries began to lift the government-mandated COVID-19 stay-at-home orders or other similar operating restrictions. Because of the potential for extended vulnerability, we have closely evaluated the estimates we have made in preparing the financial statements as of October 31, 2021, with the understanding that these estimates could change in the near term. We will continue to evaluate and disclose any uncertainty associated with key assumptions underlying fair value estimates, trends, and uncertainties that have had, or are reasonably expected to have, a material effect on our consolidated financial position, results of operations, changes in shareholders' equity, and cash flows for and at the end of each interim period. ​ Credit Risk . We sell products to customers located throughout the world. We perform ongoing credit evaluations of customers and generally do not require collateral. Allowances are maintained for potential credit losses. Concentration of credit risk with respect to trade accounts receivable is limited due to the large number of customers and their dispersion across many geographic areas. Although a significant amount of trade receivables are with distributors primarily located in the United States, no single distributor or region represents a significant concentration of credit risk. Manufacturing Risk. At present, our wholly–owned subsidiaries, Hurco Manufacturing Limited (“HML”), Ningbo Hurco Machine Tool Co., Ltd. (“NHML”), and Milltronics USA, Inc. (“Milltronics”) produce the vast majority of our machine tools for all three brands, Hurco, Milltronics, and Takumi. In addition, we manufacture electro–mechanical components and accessories for machine tools through our wholly–owned subsidiary, LCM. HML, NHML, Milltronics, and LCM manufacture their products in Taiwan, China, the U.S., and I

Data imported from Hurco Companies Inc SEC filings. Check original filings before making any investment decision.