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

Twin Disc (NASDAQ:TWIN) was upgraded by equities researchers at StockNews.com from a “buy” rating to a “strong-buy” rating in a report released on Tuesday.

Twin Disc Price Performance

TWIN stock opened at $8.21 on Tuesday. The company has a debt-to-equity ratio of 0.15, a current ratio of 2.11 and a quick ratio of 0.86. Twin Disc has a one year low of $7.35 and a one year high of $18.00. The stock has a market cap of $116.14 million, a PE ratio of 12.25 and a beta of 0.58. The firm has a 50 day simple moving average of $9.85 and a two-hundred day simple moving average of $11.26.

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

Institutional Investors Weigh In On Twin Disc

A number of hedge funds have recently made changes to their positions in the business. Dimensional Fund Advisors LP lifted its holdings in shares of Twin Disc by 3.5% in the 4th quarter. Dimensional Fund Advisors LP now owns 597,475 shares of the industrial products company’s stock worth $7,020,000 after acquiring an additional 20,470 shares during the last quarter. Pacific Ridge Capital Partners LLC lifted its holdings in shares of Twin Disc by 16.1% in the 4th quarter. Pacific Ridge Capital Partners LLC now owns 565,277 shares of the industrial products company’s stock worth $6,642,000 after acquiring an additional 78,378 shares during the last quarter. Royce & Associates LP lifted its holdings in shares of Twin Disc by 1.0% in the 3rd quarter. Royce & Associates LP now owns 398,212 shares of the industrial products company’s stock worth $4,974,000 after acquiring an additional 3,786 shares during the last quarter. Geode Capital Management LLC lifted its holdings in shares of Twin Disc by 1.8% in the 4th quarter. Geode Capital Management LLC now owns 255,490 shares of the industrial products company’s stock worth $3,002,000 after acquiring an additional 4,566 shares during the last quarter. Finally, State Street Corp lifted its holdings in shares of Twin Disc by 2.3% in the 3rd quarter. State Street Corp now owns 123,880 shares of the industrial products company’s stock worth $1,547,000 after acquiring an additional 2,835 shares during the last quarter. 65.25% of the stock is currently owned by institutional investors.

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.