Twin Disc, Incorporated (TWIN) Receives Consensus Rating of “Hold” from Analysts

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

Brokers have set a 1-year consensus price objective of $30.00 for the company and are forecasting that the company will post $0.13 EPS for the current quarter, according to Zacks. Zacks has also given Twin Disc an industry rank of 72 out of 265 based on the ratings given to related companies.

Several analysts have recently weighed in on the stock. Robert W. Baird reaffirmed a “hold” rating on shares of Twin Disc in a research note on Friday, February 2nd. BidaskClub downgraded shares of Twin Disc from a “hold” rating to a “sell” rating in a research note on Friday, February 9th. Finally, Zacks Investment Research downgraded shares of Twin Disc from a “strong-buy” rating to a “hold” rating in a research note on Saturday, December 30th.

Shares of Twin Disc (NASDAQ:TWIN) traded up $0.08 during midday trading on Wednesday, reaching $26.16. 70,235 shares of the company’s stock traded hands, compared to its average volume of 51,485. The company has a current ratio of 2.88, a quick ratio of 1.30 and a debt-to-equity ratio of 0.04. The company has a market capitalization of $304.91, a P/E ratio of -201.22 and a beta of 1.55. Twin Disc has a twelve month low of $14.81 and a twelve month high of $31.95.

Twin Disc (NASDAQ:TWIN) last announced its quarterly earnings data on Friday, February 2nd. The industrial products company reported $0.08 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.03 by $0.05. The business had revenue of $56.55 million during the quarter, compared to the consensus estimate of $51.50 million. Twin Disc had a negative net margin of 0.70% and a positive return on equity of 2.92%. The firm’s quarterly revenue was up 68.0% compared to the same quarter last year. During the same quarter last year, the firm earned ($0.26) earnings per share. research analysts predict that Twin Disc will post 0.44 earnings per share for the current fiscal year.

In other news, CFO Jeffrey Scott Knutson sold 1,750 shares of Twin Disc stock in a transaction that occurred on Tuesday, November 28th. The shares were sold at an average price of $28.21, for a total transaction of $49,367.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider John H. Batten sold 3,000 shares of Twin Disc stock in a transaction that occurred on Tuesday, November 21st. The shares were 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 have sold 9,750 shares of company stock valued at $267,548 in the last ninety days. Insiders own 27.50% of the company’s stock.

Several institutional investors have recently bought and sold shares of TWIN. Advisor Group Inc. raised its stake in Twin Disc by 3.4% in the second quarter. Advisor Group Inc. now owns 14,650 shares of the industrial products company’s stock worth $236,000 after buying an additional 479 shares in the last quarter. Chicago Equity Partners LLC raised its stake in Twin Disc by 14.6% in the fourth quarter. Chicago Equity Partners LLC now owns 18,725 shares of the industrial products company’s stock worth $498,000 after buying an additional 2,390 shares in the last quarter. Morgan Dempsey Capital Management LLC raised its stake in Twin Disc by 2.4% in the third quarter. Morgan Dempsey Capital Management LLC now owns 106,908 shares of the industrial products company’s stock worth $1,967,000 after buying an additional 2,525 shares in the last quarter. Wells Fargo & Company MN raised its stake in Twin Disc by 14.4% in the third quarter. Wells Fargo & Company MN now owns 32,108 shares of the industrial products company’s stock worth $597,000 after buying an additional 4,048 shares in the last quarter. Finally, California Public Employees Retirement System raised its stake in Twin Disc by 9.1% in the second quarter. California Public Employees Retirement System now owns 51,600 shares of the industrial products company’s stock worth $833,000 after buying an additional 4,300 shares in the last quarter. 51.12% of the stock is owned by hedge funds and other 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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