Twin Disc (NASDAQ:TWIN) Releases Quarterly Earnings Results

Twin Disc (NASDAQ:TWIN) announced its quarterly earnings data on Wednesday. The industrial products company reported $0.07 EPS for the quarter, Zacks reports. Twin Disc had a net margin of 3.09% and a return on equity of 4.26%.

Twin Disc Trading Down 2.8 %

NASDAQ:TWIN opened at $10.93 on Thursday. The firm has a 50-day moving average of $11.64 and a 200-day moving average of $12.13. The company has a market cap of $154.11 million, a PE ratio of 16.31 and a beta of 0.62. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.23 and a quick ratio of 0.84. Twin Disc has a one year low of $10.22 and a one year high of $18.00.

Analysts Set New Price Targets

Separately, StockNews.com downgraded Twin Disc from a “strong-buy” rating to a “buy” rating in a research note on Saturday, November 30th.

Twin Disc Company Profile

Twin Disc, Incorporated engages in the design, manufacture, and sale of marine and heavy duty off-highway power transmission equipment in the United States, the Netherlands, China, Australia, Italy, and internationally. The company operates in two segments, Manufacturing and Distribution. Its principal products include marine transmissions, azimuth drives, surface drives, propellers, and boat management systems, as well as power-shift transmissions, hydraulic torque converters, power take-offs, industrial clutches, and controls systems.