Twin Disc's (TWIN) "Sell (D+)" Rating Reaffirmed at Weiss Ratings

Key Points

• Twin Disc's stock has been reaffirmed with a "sell (d+)" rating by Weiss Ratings, indicating ongoing negative sentiment among analysts.
• In contrast, Wall Street Zen recently upgraded Twin Disc from a "hold" to a "strong-buy" rating, suggesting diverging views on the stock's potential.
• The company's recent earnings report showed a missed EPS estimate of $0.10 compared to a consensus of $0.26, highlighting operational challenges despite revenue surpassing expectations.

Twin Disc (NASDAQ:TWIN - Get Free Report)'s stock had its "sell (d+)" rating reiterated by investment analysts at Weiss Ratings in a research note issued to investors on Wednesday,Weiss Ratings reports.

Separately, Wall Street Zen raised Twin Disc from a "hold" rating to a "strong-buy" rating in a report on Saturday, September 13th. One investment analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $12.00.

Twin Disc Stock Performance

Shares of TWIN stock traded down $0.23 on Wednesday, hitting $14.11. 48,129 shares of the stock were exchanged, compared to its average volume of 37,070. Twin Disc has a one year low of $6.16 and a one year high of $14.93. The firm's 50 day moving average is $11.96 and its two-hundred day moving average is $9.25. The company has a current ratio of 1.96, a quick ratio of 0.75 and a debt-to-equity ratio of 0.17. The firm has a market capitalization of $203.04 million, a PE ratio of -100.78 and a beta of 0.81.

Twin Disc (NASDAQ:TWIN - Get Free Report) last released its quarterly earnings results on Thursday, August 21st. The industrial products company reported $0.10 earnings per share for the quarter, missing the consensus estimate of $0.26 by ($0.16). Twin Disc had a negative net margin of 0.56% and a negative return on equity of 1.22%. The business had revenue of $96.68 million during the quarter, compared to analysts' expectations of $93.00 million.

Hedge Funds Weigh In On Twin Disc

A number of hedge funds have recently made changes to their positions in the stock. Strs Ohio acquired a new position in Twin Disc during the 1st quarter valued at about $74,000. Huntington National Bank increased its stake in shares of Twin Disc by 500,000.0% during the 2nd quarter. Huntington National Bank now owns 10,002 shares of the industrial products company's stock worth $88,000 after purchasing an additional 10,000 shares during the last quarter. Corton Capital Inc. bought a new stake in shares of Twin Disc during the 2nd quarter worth $93,000. Bank of America Corp DE boosted its holdings in Twin Disc by 75.7% in the 4th quarter. Bank of America Corp DE now owns 14,721 shares of the industrial products company's stock valued at $173,000 after purchasing an additional 6,344 shares during the period. Finally, Nuveen LLC bought a new stake in Twin Disc in the 1st quarter valued at $114,000. Institutional investors and hedge funds own 65.25% of the company's stock.

About Twin Disc

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.

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