Twin Disc (NASDAQ:TWIN) posted its quarterly earnings data on Monday. The industrial products company reported ($0.08) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.06) by ($0.02), Fidelity Earnings reports. The company had revenue of $74.69 million for the quarter, compared to analysts’ expectations of $76.20 million. Twin Disc had a net margin of 3.96% and a return on equity of 11.79%.
Shares of NASDAQ TWIN traded down $1.13 during mid-day trading on Tuesday, reaching $19.09. The company’s stock had a trading volume of 1,951 shares, compared to its average volume of 51,910. The stock has a market capitalization of $253.26 million, a price-to-earnings ratio of 13.83 and a beta of 1.90. The company has a quick ratio of 1.21, a current ratio of 2.55 and a debt-to-equity ratio of 0.03. Twin Disc has a 1-year low of $18.67 and a 1-year high of $31.95.
TWIN has been the topic of several recent analyst reports. BidaskClub raised shares of Twin Disc from a “strong sell” rating to a “sell” rating in a report on Saturday, July 7th. Zacks Investment Research raised shares of Twin Disc from a “hold” rating to a “strong-buy” rating and set a $30.00 price objective on the stock in a report on Friday, August 10th. Finally, ValuEngine downgraded shares of Twin Disc from a “hold” rating to a “sell” rating in a report on Tuesday, October 16th.
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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