Twin Disc (NASDAQ:TWIN) Stock Rating Upgraded by Wall Street Zen

Twin Disc (NASDAQ:TWIN) was upgraded by analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a research note issued to investors on Saturday.

Other equities research analysts have also issued research reports about the company. Zacks Research raised Twin Disc to a “hold” rating in a research note on Tuesday, December 9th. Weiss Ratings reissued a “sell (d+)” rating on shares of Twin Disc in a report on Wednesday, October 8th. One equities research analyst has rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $12.00.

Twin Disc Trading Down 4.3%

Shares of Twin Disc stock opened at $15.30 on Friday. The company has a debt-to-equity ratio of 0.25, a current ratio of 2.08 and a quick ratio of 0.79. Twin Disc has a 1 year low of $6.16 and a 1 year high of $17.08. The firm has a market cap of $220.17 million, a PE ratio of 765.00 and a beta of 0.72. The company has a 50 day simple moving average of $15.39 and a two-hundred day simple moving average of $12.03.

Twin Disc (NASDAQ:TWIN) last posted its quarterly earnings data on Wednesday, November 5th. The industrial products company reported ($0.04) earnings per share for the quarter, missing the consensus estimate of $0.02 by ($0.06). Twin Disc had a net margin of 0.10% and a return on equity of 0.23%. The company had revenue of $80.00 million for the quarter, compared to analysts’ expectations of $98.60 million.

Institutional Trading of Twin Disc

Hedge funds and other institutional investors have recently bought and sold shares of the stock. IFP Advisors Inc grew its holdings in shares of Twin Disc by 1.1% in the third quarter. IFP Advisors Inc now owns 108,408 shares of the industrial products company’s stock worth $1,512,000 after purchasing an additional 1,206 shares during the last quarter. Susquehanna International Group LLP raised its holdings in Twin Disc by 441.6% during the 3rd quarter. Susquehanna International Group LLP now owns 99,791 shares of the industrial products company’s stock valued at $1,391,000 after buying an additional 81,366 shares during the last quarter. Qube Research & Technologies Ltd boosted its position in Twin Disc by 16.9% during the 3rd quarter. Qube Research & Technologies Ltd now owns 18,630 shares of the industrial products company’s stock valued at $260,000 after buying an additional 2,696 shares during the period. Mink Brook Asset Management LLC grew its holdings in Twin Disc by 385.8% in the 3rd quarter. Mink Brook Asset Management LLC now owns 298,520 shares of the industrial products company’s stock worth $4,161,000 after acquiring an additional 237,073 shares during the last quarter. Finally, Citadel Advisors LLC grew its holdings in Twin Disc by 29.9% in the 3rd quarter. Citadel Advisors LLC now owns 45,299 shares of the industrial products company’s stock worth $631,000 after acquiring an additional 10,430 shares during the last quarter. Institutional investors own 65.25% of the company’s stock.

About Twin Disc

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.