Shares of Twin Disc, Incorporated (NASDAQ:TWIN) have been given an average recommendation of “Hold” by the seven research firms that are presently covering the firm, Marketbeat Ratings reports. Two analysts have rated the stock with a sell recommendation, one has issued a hold recommendation and three have given a buy recommendation to the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is $19.00.

A number of research analysts have commented on the company. Oppenheimer assumed coverage on Twin Disc in a research note on Monday, December 17th. They set a “buy” rating and a $20.00 price objective on the stock. ValuEngine cut Twin Disc from a “sell” rating to a “strong sell” rating in a research note on Tuesday, November 6th. Zacks Investment Research upgraded Twin Disc from a “sell” rating to a “hold” rating in a research note on Tuesday, December 4th. BidaskClub lowered Twin Disc from a “sell” rating to a “strong sell” rating in a research report on Friday, October 19th. Finally, TheStreet lowered Twin Disc from a “b” rating to a “c” rating in a research report on Monday, October 29th.

TWIN opened at $17.63 on Friday. Twin Disc has a one year low of $13.40 and a one year high of $31.95. The stock has a market capitalization of $224.84 million, a PE ratio of 12.78 and a beta of 1.92. The company has a current ratio of 2.59, a quick ratio of 1.01 and a debt-to-equity ratio of 0.31.

Twin Disc (NASDAQ:TWIN) last released its quarterly earnings data on Monday, October 29th. The industrial products company reported ($0.08) earnings per share for the quarter, missing the consensus estimate of ($0.06) by ($0.02). Twin Disc had a net margin of 3.33% and a return on equity of 10.45%. The firm had revenue of $74.69 million during the quarter, compared to analysts’ expectations of $76.20 million. On average, research analysts expect that Twin Disc will post 1.67 earnings per share for the current year.

Several hedge funds and other institutional investors have recently made changes to their positions in the company. JPMorgan Chase & Co. increased its position in shares of Twin Disc by 8.3% during the third quarter. JPMorgan Chase & Co. now owns 34,282 shares of the industrial products company’s stock worth $790,000 after acquiring an additional 2,631 shares during the last quarter. SevenBridge Financial Group LLC bought a new stake in Twin Disc in the third quarter valued at about $108,000. Teton Advisors Inc. increased its holdings in Twin Disc by 1.3% in the third quarter. Teton Advisors Inc. now owns 428,854 shares of the industrial products company’s stock valued at $9,881,000 after buying an additional 5,500 shares during the last quarter. Dimensional Fund Advisors LP increased its holdings in Twin Disc by 1.3% in the third quarter. Dimensional Fund Advisors LP now owns 614,987 shares of the industrial products company’s stock valued at $14,169,000 after buying an additional 7,736 shares during the last quarter. Finally, Algert Global LLC increased its holdings in Twin Disc by 21.3% in the third quarter. Algert Global LLC now owns 47,728 shares of the industrial products company’s stock valued at $1,100,000 after buying an additional 8,385 shares during the last quarter. 55.13% of the stock is currently owned by institutional investors and hedge funds.

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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