Twin Disc (TWIN) to Release Earnings on Wednesday

Twin Disc (NASDAQ:TWIN - Get Free Report) will post its quarterly earnings results before the market opens on Wednesday, November 6th. Parties interested in registering for the company's conference call can do so using this link.

Twin Disc (NASDAQ:TWIN - Get Free Report) last released its quarterly earnings results on Thursday, August 15th. The industrial products company reported $0.32 earnings per share for the quarter. Twin Disc had a net margin of 3.72% and a return on equity of 5.47%. The firm had revenue of $84.42 million during the quarter.

Twin Disc Price Performance

TWIN stock traded down $0.13 during trading on Wednesday, hitting $11.62. The stock had a trading volume of 17,776 shares, compared to its average volume of 39,477. Twin Disc has a twelve month low of $10.90 and a twelve month high of $18.00. The company's 50-day moving average price is $12.28 and its two-hundred day moving average price is $13.28. The company has a debt-to-equity ratio of 0.25, a current ratio of 2.21 and a quick ratio of 0.90. The stock has a market capitalization of $162.65 million, a P/E ratio of 13.51 and a beta of 0.60.

Twin Disc Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 2nd. Stockholders of record on Monday, August 19th were given a $0.04 dividend. The ex-dividend date was Monday, August 19th. This represents a $0.16 annualized dividend and a dividend yield of 1.38%. Twin Disc's dividend payout ratio (DPR) is presently 18.39%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com downgraded Twin Disc from a "strong-buy" rating to a "buy" rating in a research note on Saturday, September 7th.

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.