Twin Disc (NASDAQ:TWIN) Stock Crosses Above 200-Day Moving Average – Should You Sell?

Twin Disc, Incorporated (NASDAQ:TWIN) shares passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $14.84 and traded as high as $18.77. Twin Disc shares last traded at $18.00, with a volume of 91,324 shares.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the company. Zacks Research raised Twin Disc to a “hold” rating in a report on Tuesday, December 9th. Weiss Ratings upgraded shares of Twin Disc from a “sell (d+)” rating to a “hold (c+)” rating in a research report on Friday, February 6th. Finally, Wall Street Zen upgraded shares of Twin Disc from a “hold” rating to a “strong-buy” rating in a report on Saturday, February 7th. One investment analyst has rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, Twin Disc presently has an average rating of “Hold” and a consensus price target of $12.00.

Twin Disc Trading Up 4.5%

The firm has a 50-day moving average of $17.08 and a 200-day moving average of $14.84. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.75 and a current ratio of 2.12. The firm has a market capitalization of $259.56 million, a P/E ratio of 12.00 and a beta of 0.68.

Twin Disc (NASDAQ:TWIN) last announced its quarterly earnings data on Wednesday, February 4th. The industrial products company reported $0.04 earnings per share for the quarter, missing the consensus estimate of $0.21 by ($0.17). The company had revenue of $90.18 million during the quarter, compared to the consensus estimate of $92.80 million. Twin Disc had a net margin of 6.26% and a return on equity of 0.02%.

Twin Disc Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, March 2nd. Shareholders of record on Wednesday, February 18th will be given a dividend of $0.04 per share. The ex-dividend date of this dividend is Wednesday, February 18th. This represents a $0.16 annualized dividend and a yield of 0.9%. Twin Disc’s dividend payout ratio is presently 10.67%.

Institutional Trading of Twin Disc

A number of institutional investors have recently modified their holdings of the company. Goldman Sachs Group Inc. increased its holdings in Twin Disc by 19.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 41,712 shares of the industrial products company’s stock valued at $316,000 after purchasing an additional 6,774 shares during the period. Strs Ohio purchased a new stake in Twin Disc in the 1st quarter worth approximately $74,000. Peapod Lane Capital LLC bought a new stake in shares of Twin Disc in the 2nd quarter worth approximately $1,202,000. Y Intercept Hong Kong Ltd purchased a new position in shares of Twin Disc during the second quarter valued at approximately $420,000. Finally, Corton Capital Inc. bought a new position in shares of Twin Disc during the second quarter valued at approximately $93,000. 65.25% of the stock is currently owned by hedge funds and other institutional investors.

Twin Disc Company Profile

Twin Disc, Inc (NASDAQ: TWIN) is a global designer and manufacturer of power transmission equipment for marine and industrial applications. Headquartered in Racine, Wisconsin, the company develops a range of mechanical and digital solutions that control power delivery in demanding environments. Its portfolio includes marine gears, power take-offs, clutches, brakes, transmissions and controllable pitch propeller systems engineered to withstand heavy loads and corrosive conditions.

In addition to original equipment manufacturing, Twin Disc offers aftermarket parts and services, including maintenance, repair and overhaul support through a network of service centers worldwide.