Somewhat Positive Press Coverage Somewhat Unlikely to Impact Twin Disc (TWIN) Stock Price

Headlines about Twin Disc (NASDAQ:TWIN) have been trending somewhat positive on Friday, Accern Sentiment reports. The research group identifies positive and negative press coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Twin Disc earned a daily sentiment score of 0.14 on Accern’s scale. Accern also assigned press coverage about the industrial products company an impact score of 47.0029812410779 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

Here are some of the media headlines that may have effected Accern’s rankings:

Twin Disc opened at $28.84 on Friday, Marketbeat reports. The stock has a market cap of $330.14 million, a price-to-earnings ratio of -70.34 and a beta of 1.74. The company has a debt-to-equity ratio of 0.06, a current ratio of 2.88 and a quick ratio of 1.36. Twin Disc has a 1 year low of $28.88 and a 1 year high of $29.50.

Twin Disc (NASDAQ:TWIN) last announced its quarterly earnings data on Monday, May 7th. The industrial products company reported $0.37 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.13 by $0.24. The company had revenue of $65.35 million during the quarter, compared to analysts’ expectations of $58.60 million. Twin Disc had a return on equity of 7.53% and a net margin of 2.15%. sell-side analysts forecast that Twin Disc will post 0.9 earnings per share for the current year.

A number of equities analysts have issued reports on the company. ValuEngine cut Twin Disc from a “buy” rating to a “hold” rating in a report on Friday, May 11th. Robert W. Baird reiterated a “hold” rating on shares of Twin Disc in a report on Friday, February 2nd. Zacks Investment Research upgraded Twin Disc from a “hold” rating to a “strong-buy” rating and set a $33.00 target price for the company in a report on Friday, May 11th. Finally, BidaskClub cut Twin Disc from a “buy” rating to a “hold” rating in a report on Thursday, January 18th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and one has given a strong buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $28.33.

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. It offers marine transmissions, surface drives, propellers, and boat management systems; and power-shift transmissions, hydraulic torque converters, power take-offs, industrial clutches, and controls systems.

Insider Buying and Selling by Quarter for Twin Disc (NASDAQ:TWIN)

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