Analysts Expect Twin Disc, Incorporated (NASDAQ:TWIN) Will Post Earnings of -$0.10 Per Share

Analysts forecast that Twin Disc, Incorporated (NASDAQ:TWIN) will report ($0.10) earnings per share for the current quarter, Zacks reports. Two analysts have made estimates for Twin Disc’s earnings. Twin Disc reported earnings per share of $0.31 during the same quarter last year, which suggests a negative year-over-year growth rate of 132.3%. The firm is scheduled to report its next quarterly earnings results on Friday, February 7th.

On average, analysts expect that Twin Disc will report full year earnings of ($0.34) per share for the current financial year, with EPS estimates ranging from ($0.48) to ($0.20). For the next financial year, analysts forecast that the firm will post earnings of $0.55 per share, with EPS estimates ranging from $0.54 to $0.55. Zacks Investment Research’s EPS calculations are a mean average based on a survey of sell-side research firms that follow Twin Disc.

Twin Disc (NASDAQ:TWIN) last released its earnings results on Friday, November 1st. The industrial products company reported ($0.48) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.22) by ($0.26). Twin Disc had a return on equity of 1.74% and a net margin of 1.09%. The company had revenue of $59.29 million during the quarter, compared to the consensus estimate of $70.65 million.

Several analysts have issued reports on TWIN shares. TheStreet lowered Twin Disc from a “c” rating to a “d+” rating in a report on Friday, November 1st. Robert W. Baird set a $14.00 price target on Twin Disc and gave the company a “hold” rating in a report on Monday, August 12th. Zacks Investment Research lowered Twin Disc from a “hold” rating to a “strong sell” rating in a report on Thursday. Finally, ValuEngine raised Twin Disc from a “sell” rating to a “hold” rating in a report on Wednesday, October 2nd. One analyst has rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of $17.33.

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Twin Disc stock traded up $0.35 during mid-day trading on Tuesday, hitting $12.29. The company had a trading volume of 23,400 shares, compared to its average volume of 31,378. The stock’s 50 day moving average price is $10.90 and its two-hundred day moving average price is $12.84. Twin Disc has a 12 month low of $9.59 and a 12 month high of $19.34. 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 has a market capitalization of $153.19 million, a PE ratio of 14.81 and a beta of 1.99.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Rhumbline Advisers boosted its stake in shares of Twin Disc by 9.0% in the third quarter. Rhumbline Advisers now owns 16,518 shares of the industrial products company’s stock worth $175,000 after acquiring an additional 1,368 shares during the period. Charles Schwab Investment Management Inc. boosted its stake in shares of Twin Disc by 8.9% in the second quarter. Charles Schwab Investment Management Inc. now owns 23,813 shares of the industrial products company’s stock worth $360,000 after acquiring an additional 1,948 shares during the period. Huntington National Bank boosted its stake in shares of Twin Disc by 4,000,000.0% in the third quarter. Huntington National Bank now owns 40,001 shares of the industrial products company’s stock worth $424,000 after acquiring an additional 40,000 shares during the period. LPL Financial LLC bought a new position in shares of Twin Disc in the second quarter worth about $456,000. Finally, US Bancorp DE boosted its stake in shares of Twin Disc by 31.6% in the second quarter. US Bancorp DE now owns 32,827 shares of the industrial products company’s stock worth $495,000 after acquiring an additional 7,889 shares during the period. 56.78% of the stock is owned by hedge funds and other institutional investors.

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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