Attractive stocks have exceptional fundamentals. In the case of Hurco Companies, Inc. (NASDAQ:HURC), there's is a company with great financial health as well as a a great track record of performance. In the following section, I expand a bit more on these key aspects. For those interested in understanding where the figures come from and want to see the analysis, take a look at the report on Hurco Companies here.
Flawless balance sheet with solid track record
HURC delivered a bottom-line expansion of 47% in the prior year, with its most recent earnings level surpassing its average level over the last five years. In addition to beating its historical values, HURC also outperformed its industry, which delivered a growth of 28%. This is what investors like to see! HURC's strong financial health means that all of its upcoming liability payments are able to be met by its current cash and short-term investment holdings. This indicates that HURC has sufficient cash flows and proper cash management in place, which is a crucial insight into the health of the company. Investors should not worry about HURC’s debt levels because the company has none! This implies that the company is running its operations purely on off equity funding. which is typically normal for a small-cap company. HURC has plenty of financial flexibility, without debt obligations to meet in the short term, as well as the headroom to raise debt should it need to in the future.
For Hurco Companies, I've put together three important aspects you should look at:
- Future Outlook: What are well-informed industry analysts predicting for HURC’s future growth? Take a look at our free research report of analyst consensus for HURC’s outlook.
- Valuation: What is HURC worth today? Is the stock undervalued, even when its growth outlook is factored into its intrinsic value? The intrinsic value infographic in our free research report helps visualize whether HURC is currently mispriced by the market.
- Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of HURC? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!
We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.
If you spot an error that warrants correction, please contact the editor at firstname.lastname@example.org. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.