Added to YB: 2024-04-16
Pitch date: 2024-04-05
HURC [bullish]
Hurco Companies, Inc.
-21.56%
current return
Author Info
Enterprising Investor shares analysis of value stocks. Sign up for the newsletter.
Company Info
Hurco Companies, Inc., an industrial technology company, designs, manufactures, and sells computerized machine tools to companies in the metal cutting industry worldwide.
Market Cap
$99.1M
Pitch Price
$19.25
Price Target
29.30 (+94%)
Dividend
N/A
EV/EBITDA
-102.17
P/E
-7.95
EV/Sales
0.36
Sector
Machinery
Category
value
Hurco Companies Stock Analysis
HURC: Undervalued CNC machine maker at $20/share, below $29.30 NCAV. Revenue down 9% in FY23 amid cyclical downturn. Healthy balance sheet w/ $247M current assets (mostly inventory), no LT debt. Steady capital allocation: small M&A, growing dividend, buybacks. Upside on sales rebound & more repurchases.
Read full article (4 min)