Twin Disc (NASDAQ:TWIN) Posts Earnings Results

Twin Disc (NASDAQ:TWIN - Get Free Report) issued 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 Stock Performance

NASDAQ:TWIN traded up $0.46 during trading hours on Thursday, hitting $11.39. 29,254 shares of the company traded hands, compared to its average volume of 16,552. The stock has a market capitalization of $160.60 million, a price-to-earnings ratio of 17.00 and a beta of 0.62. Twin Disc has a twelve month low of $10.22 and a twelve month high of $18.00. The firm has a 50-day moving average of $11.64 and a 200 day moving average of $12.13. The company has a current ratio of 2.23, a quick ratio of 0.84 and a debt-to-equity ratio of 0.27.

Twin Disc Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Monday, February 17th will be paid a dividend of $0.04 per share. This represents a $0.16 annualized dividend and a yield of 1.40%. The ex-dividend date of this dividend is Friday, February 14th. Twin Disc's payout ratio is currently 23.88%.

Analysts Set New Price Targets

Separately, StockNews.com cut shares of Twin Disc from a "strong-buy" rating to a "buy" rating in a research note 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.