Shares of Twin Disc, Incorporated (NASDAQ:TWIN) have been assigned an average broker rating score of 3.00 (Hold) from the one brokers that cover the company, Zacks Investment Research reports. One research analyst has rated the stock with a hold recommendation.

Analysts have set a 12-month consensus price objective of $22.00 for the company and are predicting that the company will post $0.03 earnings per share for the current quarter, according to Zacks. Zacks has also assigned Twin Disc an industry rank of 163 out of 265 based on the ratings given to its competitors.

Several equities analysts recently weighed in on TWIN shares. Zacks Investment Research lowered shares of Twin Disc from a “buy” rating to a “hold” rating in a report on Thursday, October 5th. BidaskClub lowered shares of Twin Disc from a “strong-buy” rating to a “buy” rating in a report on Saturday, December 30th.

Twin Disc (NASDAQ:TWIN) traded up $0.01 during trading hours on Thursday, hitting $26.28. 69,000 shares of the company traded hands, compared to its average volume of 49,650. The company has a debt-to-equity ratio of 0.06, a current ratio of 3.12 and a quick ratio of 1.42. The firm has a market cap of $304.52, a price-to-earnings ratio of -875.71 and a beta of 1.73. Twin Disc has a 1-year low of $14.38 and a 1-year high of $29.35.

Twin Disc (NASDAQ:TWIN) last posted its earnings results on Friday, October 27th. The industrial products company reported $0.29 earnings per share for the quarter. The business had revenue of $45.06 million for the quarter, compared to analyst estimates of $45.90 million. Twin Disc had a negative net margin of 0.12% and a positive return on equity of 0.27%. The business’s quarterly revenue was up 25.7% on a year-over-year basis. During the same quarter in the previous year, the business posted ($0.24) EPS. equities research analysts forecast that Twin Disc will post 0.58 EPS for the current year.

In other Twin Disc news, CFO Jeffrey Scott Knutson sold 1,750 shares of the business’s stock in a transaction on Tuesday, November 28th. The shares were sold at an average price of $28.21, for a total value of $49,367.50. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, insider John H. Batten sold 3,000 shares of the business’s stock in a transaction on Tuesday, November 21st. The stock was sold at an average price of $27.31, for a total transaction of $81,930.00. The disclosure for this sale can be found here. Insiders sold a total of 11,250 shares of company stock worth $304,988 in the last quarter. 27.50% of the stock is currently owned by company insiders.

Several institutional investors and hedge funds have recently added to or reduced their stakes in TWIN. Gamco Investors INC. ET AL increased its position in shares of Twin Disc by 9.8% in the 3rd quarter. Gamco Investors INC. ET AL now owns 1,342,651 shares of the industrial products company’s stock worth $24,987,000 after purchasing an additional 119,838 shares during the last quarter. State Street Corp bought a new stake in shares of Twin Disc in the 2nd quarter worth about $1,406,000. Northern Trust Corp increased its position in shares of Twin Disc by 243.0% in the 2nd quarter. Northern Trust Corp now owns 106,518 shares of the industrial products company’s stock worth $1,720,000 after purchasing an additional 75,460 shares during the last quarter. SG Americas Securities LLC bought a new stake in shares of Twin Disc in the 3rd quarter worth about $608,000. Finally, Neuberger Berman Group LLC increased its position in shares of Twin Disc by 4.6% in the 3rd quarter. Neuberger Berman Group LLC now owns 619,446 shares of the industrial products company’s stock worth $11,528,000 after purchasing an additional 27,476 shares during the last quarter. 52.58% of the stock is owned by institutional investors.

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About Twin Disc

Twin Disc, Incorporated designs, manufactures and sells marine and heavy duty off-highway power transmission equipment. The Company operates through two segments: manufacturing and distribution. Its products include marine transmissions, surface drives, propellers and boat management systems, as well as power-shift transmissions, hydraulic torque converters, power take-offs, industrial clutches and controls systems.

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