-$0.10 Earnings Per Share Expected for Twin Disc, Incorporated (NASDAQ:TWIN) This Quarter

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Equities research analysts expect that Twin Disc, Incorporated (NASDAQ:TWIN) will announce earnings per share of ($0.10) for the current quarter, according to Zacks Investment Research. Two analysts have issued estimates for Twin Disc’s earnings. Twin Disc posted earnings per share of $0.31 in the same quarter last year, which indicates a negative year over year growth rate of 132.3%. The business is scheduled to issue its next 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 fiscal year, with EPS estimates ranging from ($0.48) to ($0.20). For the next financial year, analysts forecast that the company will report earnings of $0.55 per share, with EPS estimates ranging from $0.54 to $0.55. Zacks Investment Research’s earnings per share averages are an average based on a survey of sell-side research firms that follow Twin Disc.

Twin Disc (NASDAQ:TWIN) last posted its quarterly earnings results on Friday, November 1st. The industrial products company reported ($0.48) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.22) by ($0.26). The company had revenue of $59.29 million for 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%.

Several research analysts have weighed in on TWIN shares. Robert W. Baird set a $14.00 price target on Twin Disc and gave the stock a “hold” rating in a research report on Monday, August 12th. TheStreet lowered Twin Disc from a “c” rating to a “d+” rating in a research report on Friday, November 1st. ValuEngine upgraded Twin Disc from a “sell” rating to a “hold” rating in a research note on Wednesday, October 2nd. Finally, Zacks Investment Research downgraded Twin Disc from a “hold” rating to a “strong sell” rating in a research note on Thursday, November 7th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of $17.33.

Shares of NASDAQ:TWIN traded down $0.23 during trading on Friday, hitting $9.95. 1,938 shares of the company were exchanged, compared to its average volume of 22,716. The stock has a market cap of $136.00 million, a price-to-earnings ratio of 11.99 and a beta of 1.99. Twin Disc has a fifty-two week low of $9.59 and a fifty-two week high of $19.15. The firm has a fifty day moving average price of $10.68 and a two-hundred day moving average price of $12.17. The company has a current ratio of 2.75, a quick ratio of 0.99 and a debt-to-equity ratio of 0.36.

Several hedge funds and other institutional investors have recently modified their holdings of the company. Rhumbline Advisers raised its holdings in Twin Disc by 9.0% during the 3rd quarter. Rhumbline Advisers now owns 16,518 shares of the industrial products company’s stock worth $175,000 after buying an additional 1,368 shares during the period. Charles Schwab Investment Management Inc. grew its position in shares of Twin Disc by 8.9% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 23,813 shares of the industrial products company’s stock valued at $360,000 after buying an additional 1,948 shares during the last quarter. Huntington National Bank grew its position in shares of 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 during the last quarter. LPL Financial LLC purchased a new position in shares of Twin Disc in the 2nd quarter valued at $456,000. Finally, US Bancorp DE grew its position in shares of Twin Disc by 31.6% in the 2nd quarter. US Bancorp DE now owns 32,827 shares of the industrial products company’s stock valued at $495,000 after buying an additional 7,889 shares during the last quarter. Institutional investors own 59.90% of the company’s stock.

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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