Twin Disc (TWIN) to Release Earnings on Wednesday

Twin Disc (NASDAQ:TWIN) is scheduled to post its quarterly earnings results before the market opens on Wednesday, November 6th. Individual that are interested in participating in the company’s earnings conference call can do so using this link.

Twin Disc (NASDAQ:TWIN) last announced its quarterly earnings results on Thursday, August 15th. The industrial products company reported $0.32 EPS 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 for the quarter.

Twin Disc Price Performance

Shares of NASDAQ:TWIN opened at $11.75 on Wednesday. The company’s fifty day moving average price is $12.30 and its 200 day moving average price is $13.31. Twin Disc has a 12 month low of $10.90 and a 12 month high of $18.00. 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 firm has a market capitalization of $164.46 million, a P/E ratio of 13.51 and a beta of 0.60.

Twin Disc Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 2nd. Investors of record on Monday, August 19th were paid a dividend of $0.04 per share. The ex-dividend date of this dividend was Monday, August 19th. This represents a $0.16 annualized dividend and a yield of 1.36%. Twin Disc’s dividend payout ratio is currently 18.39%.

Analysts Set New Price Targets

Separately, StockNews.com lowered shares of 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.