Twin Disc, Incorporated (NASDAQ:TWIN) Receives $17.00 Average Price Target from Analysts

Twin Disc, Incorporated (NASDAQ:TWIN) has earned a consensus rating of “Hold” from the seven research firms that are currently covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and two have given a buy recommendation to the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is $17.00.

A number of equities research analysts recently weighed in on the company. Zacks Investment Research cut Twin Disc from a “hold” rating to a “strong sell” rating in a report on Thursday. Robert W. Baird set a $14.00 price target on Twin Disc and gave the stock a “hold” rating in a report on Monday, August 12th. TheStreet cut Twin Disc from a “c” rating to a “d+” rating in a report on Friday, November 1st. Finally, ValuEngine upgraded Twin Disc from a “sell” rating to a “hold” rating in a report on Wednesday, October 2nd.

A number of hedge funds have recently bought and sold shares of TWIN. Grace & White Inc. NY lifted its stake in Twin Disc by 34.4% in the 3rd quarter. Grace & White Inc. NY now owns 284,330 shares of the industrial products company’s stock valued at $3,011,000 after buying an additional 72,792 shares in the last quarter. BlackRock Inc. lifted its stake in Twin Disc by 8.0% in the 2nd quarter. BlackRock Inc. now owns 687,902 shares of the industrial products company’s stock valued at $10,386,000 after buying an additional 51,129 shares in the last quarter. Teton Advisors Inc. lifted its stake in Twin Disc by 9.5% in the 2nd quarter. Teton Advisors Inc. now owns 528,554 shares of the industrial products company’s stock valued at $7,981,000 after buying an additional 46,000 shares in the last quarter. Pacific Ridge Capital Partners LLC lifted its stake in Twin Disc by 12.3% in the 2nd quarter. Pacific Ridge Capital Partners LLC now owns 412,629 shares of the industrial products company’s stock valued at $6,231,000 after buying an additional 45,045 shares in the last quarter. Finally, Huntington National Bank lifted its stake in Twin Disc by 4,000,000.0% in the 3rd quarter. Huntington National Bank now owns 40,001 shares of the industrial products company’s stock valued at $424,000 after buying an additional 40,000 shares in the last quarter. 56.78% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Twin Disc stock traded up $0.35 on Thursday, hitting $12.29. The stock had a trading volume of 23,400 shares, compared to its average volume of 31,378. The stock has a market cap of $153.19 million, a price-to-earnings ratio of 14.81 and a beta of 1.99. The company has a current ratio of 2.75, a quick ratio of 1.05 and a debt-to-equity ratio of 0.36. The company’s 50 day moving average price is $10.90 and its 200 day moving average price is $12.84. Twin Disc has a 52-week low of $9.59 and a 52-week high of $19.34.

Twin Disc (NASDAQ:TWIN) last released its quarterly earnings results on Friday, November 1st. The industrial products company reported ($0.48) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.22) by ($0.26). The firm had revenue of $59.29 million during the quarter, compared to analyst estimates of $70.65 million. Twin Disc had a return on equity of 1.74% and a net margin of 1.09%. Analysts predict that Twin Disc will post -0.34 EPS for the current fiscal year.

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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