Somewhat Positive News Coverage Somewhat Unlikely to Impact Twin Disc (TWIN) Stock Price

Media headlines about Twin Disc (NASDAQ:TWIN) have been trending somewhat positive recently, according to Accern Sentiment. Accern scores the sentiment of press coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Twin Disc earned a media sentiment score of 0.16 on Accern’s scale. Accern also gave news stories about the industrial products company an impact score of 47.0315846400285 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

Shares of Twin Disc (NASDAQ TWIN) opened at $25.81 on Thursday. Twin Disc has a 52-week low of $14.81 and a 52-week high of $31.95. The firm has a market capitalization of $295.76, a PE ratio of -198.52 and a beta of 1.55. The company has a current ratio of 2.88, a quick ratio of 1.30 and a debt-to-equity ratio of 0.04.

Twin Disc (NASDAQ:TWIN) last announced its quarterly earnings results on Friday, February 2nd. The industrial products company reported $0.08 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.03 by $0.05. Twin Disc had a positive return on equity of 2.92% and a negative net margin of 0.70%. The firm had revenue of $56.55 million for the quarter, compared to analysts’ expectations of $51.50 million. During the same period in the prior year, the business posted ($0.26) earnings per share. The company’s revenue was up 68.0% on a year-over-year basis. sell-side analysts predict that Twin Disc will post 0.44 EPS for the current year.

Several equities research analysts have recently weighed in on TWIN shares. BidaskClub cut Twin Disc from a “strong-buy” rating to a “buy” rating in a research report on Saturday, December 30th. Robert W. Baird reiterated a “hold” rating on shares of Twin Disc in a research report on Friday, February 2nd. Finally, Zacks Investment Research cut Twin Disc from a “strong-buy” rating to a “hold” rating in a research report on Saturday, December 30th. One analyst has rated the stock with a sell rating and three have given a hold rating to the company’s stock. Twin Disc presently has an average rating of “Hold” and an average price target of $25.67.

In other news, VP Denise Wilcox sold 5,000 shares of the company’s stock in a transaction dated Tuesday, December 5th. The stock was sold at an average price of $27.25, for a total transaction of $136,250.00. Following the sale, the vice president now directly owns 33,513 shares in the company, valued at $913,229.25. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, CFO Jeffrey Scott Knutson sold 1,750 shares of the company’s stock in a transaction that occurred on Tuesday, November 28th. The stock was sold at an average price of $28.21, for a total transaction of $49,367.50. The disclosure for this sale can be found here. Corporate insiders own 27.50% of the company’s stock.

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About Twin Disc

Twin Disc, Incorporated designs, manufactures and sells marine and heavy duty off-highway power transmission equipment. The Company operates through two segments: manufacturing and distribution. Its products include marine transmissions, surface drives, propellers and boat management systems, as well as power-shift transmissions, hydraulic torque converters, power take-offs, industrial clutches and controls systems.

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