Twin Disc (NASDAQ:TWIN) Rating Increased to Strong-Buy at StockNews.com

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

Twin Disc Stock Performance

Shares of TWIN opened at $7.72 on Tuesday. 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 firm has a market cap of $109.21 million, a PE ratio of 11.52 and a beta of 0.58. The stock has a fifty day moving average price of $9.98 and a 200-day moving average price of $11.32. Twin Disc has a 12 month low of $7.45 and a 12 month high of $18.00.

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

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of TWIN. Segall Bryant & Hamill LLC purchased a new position in shares of Twin Disc in the 3rd quarter valued at about $1,384,000. Pacific Ridge Capital Partners LLC grew its position in Twin Disc by 16.1% during the fourth quarter. Pacific Ridge Capital Partners LLC now owns 565,277 shares of the industrial products company’s stock worth $6,642,000 after buying an additional 78,378 shares during the period. JPMorgan Chase & Co. increased its stake in Twin Disc by 689.1% in the 4th quarter. JPMorgan Chase & Co. now owns 38,342 shares of the industrial products company’s stock valued at $451,000 after purchasing an additional 33,483 shares in the last quarter. Dimensional Fund Advisors LP increased its position in shares of Twin Disc by 3.5% in the fourth quarter. Dimensional Fund Advisors LP now owns 597,475 shares of the industrial products company’s stock valued at $7,020,000 after buying an additional 20,470 shares in the last quarter. Finally, Skylands Capital LLC increased its holdings in Twin Disc by 110.0% during the 4th quarter. Skylands Capital LLC now owns 27,300 shares of the industrial products company’s stock valued at $321,000 after acquiring an additional 14,300 shares in the last quarter. Hedge funds and other institutional investors 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.