Shares of Twin Disc, Incorporated (NASDAQ:TWIN) have been experiencing an accelerated earnings and sales growth over the past 5 years. Over that time frame the firm has seen earnings growth of 27.90% and sales growth of -3.30%.
With most major indexes showing strength, it is safe to assume that many investors may have their heads in the clouds. With many stocks frequently hitting new milestone highs, investors may be scrambling to make sure that they aren’t missing out on possible returns. Maybe some stocks have been doing well, but others not in the portfolio have been doing much better. There is rarely any substitute for hard work and dedication. Investors may get complacent with stocks that they are familiar with. Branching out into uncharted waters may help broaden the horizon and start the gears grinding for new trading ideas. Traders and investors will no doubt be closely monitoring the markets as we move into the second half of the year. It remains to be seen whether optimism or pessimism will rule going in to the next round of quarterly earnings reporting.
While the firm has enjoyed the upward movement, it’s important to look at analyst expectations and where the company is headed from here. On a consensus basis, analysts are projecting EPS growth of 32.12% for next year and have a $30.00 one year price target on the stock. The stock recently traded at $19.82.
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