Other analysts have also recently issued research reports about the company. Zacks Investment Research cut Twin Disc from a hold rating to a strong sell rating in a research report on Saturday, August 3rd. BidaskClub cut Twin Disc from a buy rating to a hold rating in a research report on Thursday, May 9th. Robert W. Baird set a $14.00 price objective on Twin Disc and gave the company a hold rating in a research report on Monday, August 12th. Finally, TheStreet cut Twin Disc from a b- rating to a c+ rating in a research report on Tuesday, June 11th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the company. The company currently has a consensus rating of Hold and an average target price of $17.33.
TWIN opened at $9.85 on Thursday. The stock has a market cap of $130.59 million, a price-to-earnings ratio of 11.87 and a beta of 2.00. Twin Disc has a 1 year low of $9.72 and a 1 year high of $26.94. The company has a current ratio of 3.00, a quick ratio of 1.16 and a debt-to-equity ratio of 0.32. The stock has a fifty day moving average price of $13.00 and a 200 day moving average price of $15.35.
Twin Disc (NASDAQ:TWIN) last released its quarterly earnings data on Friday, August 9th. The industrial products company reported $0.06 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.20). The firm had revenue of $72.45 million for the quarter, compared to analyst estimates of $72.85 million. Twin Disc had a net margin of 4.07% and a return on equity of 6.76%. As a group, sell-side analysts forecast that Twin Disc will post 0.19 earnings per share for the current fiscal year.
Hedge funds and other institutional investors have recently bought and sold shares of the business. California Public Employees Retirement System raised its holdings in Twin Disc by 115.9% during the first quarter. California Public Employees Retirement System now owns 92,946 shares of the industrial products company’s stock valued at $1,548,000 after buying an additional 49,900 shares in the last quarter. Skylands Capital LLC increased its stake in shares of Twin Disc by 31.5% in the second quarter. Skylands Capital LLC now owns 101,938 shares of the industrial products company’s stock worth $1,539,000 after purchasing an additional 24,438 shares during the period. Dimensional Fund Advisors LP increased its stake in shares of Twin Disc by 6.0% in the fourth quarter. Dimensional Fund Advisors LP now owns 651,878 shares of the industrial products company’s stock worth $9,615,000 after purchasing an additional 36,891 shares during the period. Pacific Ridge Capital Partners LLC increased its stake in shares of Twin Disc by 26.4% in the first quarter. Pacific Ridge Capital Partners LLC now owns 367,584 shares of the industrial products company’s stock worth $6,120,000 after purchasing an additional 76,860 shares during the period. Finally, Teton Advisors Inc. increased its stake in shares of Twin Disc by 5.4% in the first quarter. Teton Advisors Inc. now owns 482,554 shares of the industrial products company’s stock worth $8,035,000 after purchasing an additional 24,589 shares during the period. Institutional investors own 57.05% of the company’s stock.
About Twin Disc
Twin Disc, Incorporated designs, manufactures, and sells marine and heavy duty off-highway power transmission equipment worldwide. The company operates through two segments, Manufacturing and Distribution. Its products include marine transmissions, surface drives, propellers, and boat management systems; and power-shift transmissions, hydraulic torque converters, power take-offs, industrial clutches, and controls systems.
Featured Article: Total Return
To view ValuEngine’s full report, visit ValuEngine’s official website.
Receive News & Ratings for Twin Disc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Twin Disc and related companies with MarketBeat.com's FREE daily email newsletter.