Twin Disc (NASDAQ:TWIN) Upgraded by StockNews.com to “Strong-Buy” Rating

Twin Disc (NASDAQ:TWIN) was upgraded by stock analysts at StockNews.com from a “buy” rating to a “strong-buy” rating in a note issued to investors on Tuesday.

Twin Disc Price Performance

TWIN opened at $7.72 on Tuesday. Twin Disc has a twelve month low of $7.45 and a twelve month high of $18.00. The firm has a market cap of $109.21 million, a price-to-earnings ratio of 11.52 and a beta of 0.58. The company has a current ratio of 2.11, a quick ratio of 0.86 and a debt-to-equity ratio of 0.15. The company has a fifty day simple moving average of $9.98 and a 200 day simple moving average of $11.32.

Twin Disc (NASDAQ:TWIN) last posted its quarterly earnings data on Wednesday, February 5th. The industrial products company reported $0.07 earnings per share (EPS) for the quarter. Twin Disc had a return on equity of 4.24% and a net margin of 2.92%.

Institutional Trading of Twin Disc

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in TWIN. Wells Fargo & Company MN raised its stake in shares of Twin Disc by 9.4% in the 4th quarter. Wells Fargo & Company MN now owns 16,552 shares of the industrial products company’s stock valued at $194,000 after buying an additional 1,427 shares in the last quarter. Barclays PLC grew its stake in shares of Twin Disc by 13.0% during the fourth quarter. Barclays PLC now owns 16,792 shares of the industrial products company’s stock worth $197,000 after purchasing an additional 1,929 shares during the period. State Street Corp grew its position in shares of Twin Disc by 2.3% during the 3rd quarter. State Street Corp now owns 123,880 shares of the industrial products company’s stock worth $1,547,000 after buying an additional 2,835 shares during the period. Geode Capital Management LLC increased its stake in Twin Disc by 1.3% in the third quarter. Geode Capital Management LLC now owns 250,924 shares of the industrial products company’s stock valued at $3,134,000 after purchasing an additional 3,109 shares in the last quarter. Finally, Empowered Funds LLC increased its position in shares of Twin Disc by 26.0% in the 4th quarter. Empowered Funds LLC now owns 17,427 shares of the industrial products company’s stock valued at $205,000 after buying an additional 3,596 shares in the last quarter. Institutional investors and hedge funds own 65.25% of the company’s stock.

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.