Media headlines about Twin Disc (NASDAQ:TWIN) have trended somewhat positive on Thursday, Accern reports. The research firm ranks the sentiment of press coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Twin Disc earned a news impact score of 0.16 on Accern’s scale. Accern also assigned news articles about the industrial products company an impact score of 47.0315846400285 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Shares of Twin Disc (NASDAQ TWIN) opened at $25.81 on Thursday. The stock has a market capitalization of $295.76, a P/E ratio of -198.52 and a beta of 1.55. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.88 and a quick ratio of 1.30. Twin Disc has a 52 week low of $14.81 and a 52 week high of $31.95.
Twin Disc (NASDAQ:TWIN) last issued its earnings results 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 analyst estimates of $51.50 million. Twin Disc had a positive return on equity of 2.92% and a negative net margin of 0.70%. Twin Disc’s revenue for the quarter was up 68.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned ($0.26) earnings per share. equities analysts expect that Twin Disc will post 0.44 EPS for the current year.
Several brokerages have issued reports on TWIN. Zacks Investment Research lowered Twin Disc from a “strong-buy” rating to a “hold” rating in a research note on Saturday, December 30th. BidaskClub lowered Twin Disc from a “hold” rating to a “sell” rating in a research note on Friday, February 9th. Finally, Robert W. Baird reaffirmed a “hold” rating on shares of Twin Disc in a research note on Friday, February 2nd. One investment analyst has rated the stock with a sell rating and three have assigned a hold rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $25.67.
In other news, CFO Jeffrey Scott Knutson sold 1,750 shares of the stock in a transaction that occurred on Tuesday, November 28th. The stock was sold at an average price of $28.21, for a total transaction of $49,367.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Denise Wilcox sold 5,000 shares of the stock in a transaction that occurred on Tuesday, December 5th. The shares were sold at an average price of $27.25, for a total value of $136,250.00. Following the sale, the vice president now directly owns 33,513 shares of the company’s stock, valued at approximately $913,229.25. The disclosure for this sale can be found here. 27.50% of the stock is owned by corporate insiders.
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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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