Twin Disc (NASDAQ:TWIN) Stock Crosses Above 200-Day Moving Average – Should You Sell?

Twin Disc, Incorporated (NASDAQ:TWIN)’s stock price crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $14.84 and traded as high as $18.77. Twin Disc shares last traded at $18.00, with a volume of 91,324 shares traded.

Analysts Set New Price Targets

TWIN has been the topic of a number of recent research reports. Wall Street Zen upgraded shares of Twin Disc from a “hold” rating to a “strong-buy” rating in a research note on Saturday, February 7th. Weiss Ratings upgraded Twin Disc from a “sell (d+)” rating to a “hold (c+)” rating in a research report on Friday, February 6th. Finally, Zacks Research raised Twin Disc to a “hold” rating in a report on Tuesday, December 9th. One equities research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $12.00.

Twin Disc Stock Up 4.5%

The company’s 50 day simple moving average is $17.08 and its 200-day simple moving average is $14.84. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.75 and a current ratio of 2.12. The firm has a market capitalization of $259.56 million, a PE ratio of 12.00 and a beta of 0.68.

Twin Disc (NASDAQ:TWIN) last released its quarterly earnings results on Wednesday, February 4th. The industrial products company reported $0.04 EPS for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.17). Twin Disc had a net margin of 6.26% and a return on equity of 0.02%. The firm had revenue of $90.18 million for the quarter, compared to analysts’ expectations of $92.80 million.

Twin Disc Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 2nd. Shareholders of record on Wednesday, February 18th will be issued a $0.04 dividend. The ex-dividend date of this dividend is Wednesday, February 18th. This represents a $0.16 annualized dividend and a dividend yield of 0.9%. Twin Disc’s dividend payout ratio (DPR) is presently 10.67%.

Institutional Investors Weigh In On Twin Disc

Institutional investors and hedge funds have recently bought and sold shares of the stock. Global Retirement Partners LLC purchased a new position in Twin Disc in the 4th quarter worth approximately $39,000. Strs Ohio bought a new stake in shares of Twin Disc during the 1st quarter worth $74,000. JPMorgan Chase & Co. grew its position in Twin Disc by 28.6% in the third quarter. JPMorgan Chase & Co. now owns 5,361 shares of the industrial products company’s stock worth $75,000 after acquiring an additional 1,193 shares in the last quarter. Huntington National Bank increased its stake in Twin Disc by 500,000.0% in the second quarter. Huntington National Bank now owns 10,002 shares of the industrial products company’s stock valued at $88,000 after acquiring an additional 10,000 shares during the last quarter. Finally, Corton Capital Inc. bought a new position in Twin Disc in the second quarter valued at $93,000. 65.25% of the stock is owned by hedge funds and other institutional investors.

Twin Disc Company Profile

Twin Disc, Inc (NASDAQ: TWIN) is a global designer and manufacturer of power transmission equipment for marine and industrial applications. Headquartered in Racine, Wisconsin, the company develops a range of mechanical and digital solutions that control power delivery in demanding environments. Its portfolio includes marine gears, power take-offs, clutches, brakes, transmissions and controllable pitch propeller systems engineered to withstand heavy loads and corrosive conditions.

In addition to original equipment manufacturing, Twin Disc offers aftermarket parts and services, including maintenance, repair and overhaul support through a network of service centers worldwide.