TWIN has been the topic of several other research reports. TheStreet cut shares of Twin Disc from a b- rating to a c+ rating in a research report on Tuesday, June 11th. Robert W. Baird set a $14.00 price target on shares of Twin Disc and gave the stock a hold rating in a report on Monday, August 12th. Finally, Zacks Investment Research cut shares of Twin Disc from a hold rating to a strong sell rating in a report on Saturday, August 3rd. One analyst has rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the stock. The company presently has a consensus rating of Hold and an average target price of $17.33.
Shares of Twin Disc stock traded up $0.60 during mid-day trading on Wednesday, hitting $11.38. 15,333 shares of the stock were exchanged, compared to its average volume of 32,457. Twin Disc has a 12 month low of $9.60 and a 12 month high of $23.23. The company has a 50-day simple moving average of $10.77 and a 200 day simple moving average of $13.90. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.05 and a current ratio of 2.77. The company has a market capitalization of $151.72 million, a P/E ratio of 13.71 and a beta of 1.97.
Large investors have recently bought and sold shares of the stock. Pacific Ridge Capital Partners LLC raised its holdings in shares of Twin Disc by 12.3% in the 2nd quarter. Pacific Ridge Capital Partners LLC now owns 412,629 shares of the industrial products company’s stock worth $6,231,000 after purchasing an additional 45,045 shares during the period. Skylands Capital LLC raised its holdings in shares of Twin Disc by 31.5% in the 2nd quarter. Skylands Capital LLC now owns 101,938 shares of the industrial products company’s stock worth $1,539,000 after purchasing an additional 24,438 shares during the period. California Public Employees Retirement System raised its holdings in shares of Twin Disc by 115.9% in the 1st quarter. California Public Employees Retirement System now owns 92,946 shares of the industrial products company’s stock worth $1,548,000 after purchasing an additional 49,900 shares during the period. Perritt Capital Management Inc. raised its holdings in shares of Twin Disc by 4.3% in the 2nd quarter. Perritt Capital Management Inc. now owns 48,900 shares of the industrial products company’s stock worth $738,000 after purchasing an additional 2,000 shares during the period. Finally, Dimensional Fund Advisors LP grew its stake in Twin Disc by 6.0% in the 4th quarter. Dimensional Fund Advisors LP now owns 651,878 shares of the industrial products company’s stock valued at $9,615,000 after buying an additional 36,891 shares in the last quarter. 56.36% of the stock is currently owned by institutional investors.
Twin Disc Company Profile
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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