Wall Street analysts predict that Twin Disc, Incorporated (NASDAQ:TWIN) will report earnings per share of $0.33 for the current fiscal quarter, Zacks reports. Two analysts have made estimates for Twin Disc’s earnings, with estimates ranging from $0.21 to $0.45. Twin Disc posted earnings per share of $0.63 in the same quarter last year, which indicates a negative year over year growth rate of 47.6%. The company is scheduled to issue its next earnings report on Monday, August 5th.

According to Zacks, analysts expect that Twin Disc will report full-year earnings of $1.23 per share for the current fiscal year, with EPS estimates ranging from $1.10 to $1.35. For the next fiscal year, analysts forecast that the business will post earnings of $1.35 per share, with EPS estimates ranging from $1.10 to $1.60. Zacks’ earnings per share calculations are an average based on a survey of analysts that cover Twin Disc.

Twin Disc (NASDAQ:TWIN) last announced its quarterly earnings data on Monday, May 6th. The industrial products company reported $0.34 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.43 by ($0.09). The firm had revenue of $77.42 million during the quarter, compared to analyst estimates of $85.70 million. Twin Disc had a net margin of 5.74% and a return on equity of 10.87%.

Several equities analysts have issued reports on the stock. BidaskClub raised shares of Zogenix from a “sell” rating to a “hold” rating in a research note on Thursday, May 9th. TheStreet cut shares of Twin Disc from a “b-” rating to a “c+” rating in a research note on Tuesday, June 11th. Finally, Zacks Investment Research raised shares of Vistra Energy from a “hold” rating to a “buy” rating and set a $25.00 price objective on the stock in a research note on Saturday, July 13th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the company’s stock. Twin Disc currently has a consensus rating of “Hold” and a consensus price target of $19.00.

Large investors have recently bought and sold shares of the company. BNP Paribas Arbitrage SA grew its stake in shares of Twin Disc by 606.3% during the 1st quarter. BNP Paribas Arbitrage SA now owns 2,020 shares of the industrial products company’s stock worth $34,000 after purchasing an additional 1,734 shares during the period. American International Group Inc. grew its stake in shares of Twin Disc by 10.5% during the 4th quarter. American International Group Inc. now owns 6,207 shares of the industrial products company’s stock worth $92,000 after purchasing an additional 592 shares during the period. Rhumbline Advisers grew its stake in shares of Twin Disc by 40.5% during the 4th quarter. Rhumbline Advisers now owns 13,183 shares of the industrial products company’s stock worth $194,000 after purchasing an additional 3,800 shares during the period. First Trust Advisors LP grew its stake in shares of Twin Disc by 34.4% during the 4th quarter. First Trust Advisors LP now owns 17,928 shares of the industrial products company’s stock worth $264,000 after purchasing an additional 4,590 shares during the period. Finally, Bank of America Corp DE grew its stake in shares of Twin Disc by 17.3% during the 4th quarter. Bank of America Corp DE now owns 18,103 shares of the industrial products company’s stock worth $267,000 after purchasing an additional 2,670 shares during the period. 56.81% of the stock is currently owned by institutional investors and hedge funds.

TWIN traded down $0.26 during trading on Monday, hitting $13.22. The stock had a trading volume of 12,307 shares, compared to its average volume of 27,980. The company has a quick ratio of 1.16, a current ratio of 3.00 and a debt-to-equity ratio of 0.32. The company has a market capitalization of $176.57 million, a price-to-earnings ratio of 8.87 and a beta of 2.04. The business has a 50-day moving average of $14.28. Twin Disc has a twelve month low of $13.10 and a twelve month high of $27.97.

Twin Disc Company Profile

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.

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