Twin Disc, (NASDAQ:TWIN) Receiving Somewhat Favorable Media Coverage, Analysis Finds
Media coverage about Twin Disc, (NASDAQ:TWIN) has been trending somewhat positive on Tuesday, according to Accern. The research firm ranks the sentiment of media coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Twin Disc, earned a media sentiment score of 0.16 on Accern’s scale. Accern also gave news coverage about the industrial products company an impact score of 47.2696356986174 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Here are some of the media stories that may have impacted Accern’s rankings:
- Edited Transcript of TWIN earnings conference call or presentation 4-Aug-17 3:30pm GMT (finance.yahoo.com)
- Twin Disc, Incorporated (NASDAQ:TWIN) Upgraded to Hold at Zacks Investment Research (americanbankingnews.com)
- Twin Disc’s (TWIN) CEO John Batten on Q4 2017 Results – Earnings Call Transcript (seekingalpha.com)
- Twin Disc, Incorporated (NASDAQ:TWIN) Posts Quarterly Earnings Results, Beats Estimates By $0.09 EPS (americanbankingnews.com)
- Twin Disc, Inc. Announces Fiscal 2017 Fourth Quarter Financial Results (streetinsider.com)
Shares of Twin Disc, (NASDAQ TWIN) opened at 17.26 on Tuesday. The company’s market capitalization is $198.82 million. The stock has a 50 day moving average of $16.77 and a 200-day moving average of $18.06. Twin Disc, has a one year low of $9.87 and a one year high of $21.75.
Twin Disc, (NASDAQ:TWIN) last announced its quarterly earnings data on Friday, August 4th. The industrial products company reported $0.10 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.02 by $0.08. Twin Disc, had a negative net margin of 3.74% and a negative return on equity of 5.15%. The business had revenue of $53.59 million during the quarter, compared to analyst estimates of $49.65 million. During the same period last year, the firm posted ($0.01) EPS. The company’s revenue was up 25.7% on a year-over-year basis. On average, equities analysts expect that Twin Disc, will post ($0.05) earnings per share for the current year.
Several equities research analysts have issued reports on the stock. Zacks Investment Research lowered shares of Twin Disc, from a “buy” rating to a “hold” rating in a research report on Tuesday, April 18th. Seaport Global Securities lowered shares of Twin Disc, from a “buy” rating to a “neutral” rating and set a $24.00 price objective for the company. in a report on Wednesday, June 21st.
In other news, Director Janet Plaut Giesselman sold 5,886 shares of the stock in a transaction that occurred on Thursday, June 1st. The stock was sold at an average price of $17.99, for a total transaction of $105,889.14. Following the completion of the transaction, the director now directly owns 6,027 shares in the company, valued at approximately $108,425.73. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Dean Bratel sold 5,000 shares of the stock in a transaction that occurred on Friday, May 12th. The shares were sold at an average price of $19.72, for a total value of $98,600.00. Following the transaction, the vice president now owns 39,229 shares of the company’s stock, valued at $773,595.88. The disclosure for this sale can be found here. Company insiders own 26.80% of the company’s stock.
Twin Disc, Company Profile
Twin Disc, Incorporated designs, manufactures and sells marine and heavy duty off-highway power transmission equipment. The Company operates through two segments: manufacturing and distribution. Its products include marine transmissions, surface drives, propellers and boat management systems, as well as power-shift transmissions, hydraulic torque converters, power take-offs, industrial clutches and controls systems.
Receive News & Ratings for Twin Disc Incorporated Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Twin Disc Incorporated and related companies with MarketBeat.com's FREE daily email newsletter.