Twin Disc (NASDAQ:TWIN) Issues Earnings Results

Twin Disc (NASDAQ:TWIN) released its quarterly earnings data on Wednesday. The industrial products company reported $0.07 earnings per share for the quarter, Zacks reports. Twin Disc had a net margin of 3.09% and a return on equity of 4.26%.

Twin Disc Trading Down 2.8 %

NASDAQ:TWIN opened at $10.93 on Thursday. Twin Disc has a one year low of $10.22 and a one year high of $18.00. The firm has a 50-day simple moving average of $11.64 and a 200-day simple moving average of $12.13. The firm has a market cap of $154.11 million, a P/E ratio of 16.31 and a beta of 0.62. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.84 and a current ratio of 2.23.

Analysts Set New Price Targets

Separately, StockNews.com cut Twin Disc from a “strong-buy” rating to a “buy” rating in a report on Saturday, November 30th.

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.