Twin Disc (TWIN) Earning Somewhat Favorable News Coverage, Analysis Finds

News articles about Twin Disc (NASDAQ:TWIN) have been trending somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies negative and positive news coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Twin Disc earned a coverage optimism score of 0.13 on Accern’s scale. Accern also assigned media headlines about the industrial products company an impact score of 45.3528007874826 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

Shares of Twin Disc (TWIN) traded down $0.62 on Friday, reaching $27.62. The company’s stock had a trading volume of 23,305 shares, compared to its average volume of 32,309. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.42 and a current ratio of 3.12. Twin Disc has a 12-month low of $14.81 and a 12-month high of $29.35. The firm has a market capitalization of $327.36, a price-to-earnings ratio of -920.36 and a beta of 1.73.

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

TWIN has been the subject of a number of research reports. BidaskClub downgraded Twin Disc from a “strong-buy” rating to a “buy” rating in a report on Saturday, December 30th. Zacks Investment Research downgraded Twin Disc from a “strong-buy” rating to a “hold” rating in a research note on Saturday, December 30th. Finally, Robert W. Baird reiterated a “hold” rating and issued a $28.00 target price on shares of Twin Disc in a research report on Tuesday. Three investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $25.67.

In related news, VP Denise Wilcox sold 5,000 shares of the stock in a transaction dated Tuesday, December 5th. The stock was sold at an average price of $27.25, for a total transaction of $136,250.00. Following the sale, the vice president now owns 33,513 shares of the company’s stock, valued at approximately $913,229.25. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director David R. Zimmer sold 1,500 shares of the stock in a transaction dated Tuesday, November 7th. The stock was sold at an average price of $24.96, for a total value of $37,440.00. Following the sale, the director now directly owns 31,868 shares in the company, valued at approximately $795,425.28. The disclosure for this sale can be found here. Insiders have sold a total of 11,250 shares of company stock valued at $304,988 in the last quarter. 27.50% of the stock is owned by corporate insiders.

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Twin Disc Company Profile

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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