Hurco Companies traded at $17.71 this Friday February 27th. Looking back, over the last four weeks, Hurco Companies lost 5.79 percent. Over the last 12 months, its price fell by 0.84 percent. Looking ahead, we forecast Hurco Companies to be priced at 16.82 by the end of this quarter and at 15.31 in one year, according to Trading Economics global macro models projections and analysts expectations.
Hurco Companies, Inc. is an international, 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). The Company’s products include laser cutting machines, waterjet cutting machines, CNC grinders, compact horizontal machines, metal cutting saws and CNC swill lathes. The Company operates in the industrial automation equipment segment. It also provides machine tool components, automation integration equipment and solutions for job shops, software options, control upgrades, accessories and replacement parts for its products, as well as customer service, training, and applications support. The Company’s CNC machine brands include Hurco, Milltronics and Takumi. The Company’s computer control systems and software products are sold as integral components of its computerized machine tool products.