Twin Disc (NASDAQ:TWIN) Issues Earnings Results

Twin Disc (NASDAQ:TWIN) released its quarterly earnings data on Wednesday. The industrial products company reported $0.07 EPS 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 Up 4.2 %

TWIN stock opened at $11.39 on Friday. Twin Disc has a 1-year low of $10.22 and a 1-year high of $18.00. The stock has a market cap of $160.60 million, a price-to-earnings ratio of 17.00 and a beta of 0.62. The company has a current ratio of 2.23, a quick ratio of 0.84 and a debt-to-equity ratio of 0.27. The company’s 50 day moving average is $11.64 and its 200 day moving average is $12.13.

Twin Disc Dividend Announcement

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

Wall Street Analyst Weigh In

Separately, StockNews.com downgraded Twin Disc from a “strong-buy” rating to a “buy” rating in a research report on Saturday, November 30th.

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.