StockNews.com Downgrades Twilio (NYSE:TWLO) to Hold

StockNews.com lowered shares of Twilio (NYSE:TWLO) from a buy rating to a hold rating in a research note issued to investors on Monday morning.

A number of other equities analysts have also recently weighed in on the stock. Barclays upped their price objective on shares of Twilio from $120.00 to $140.00 and gave the company an “equal weight” rating in a research report on Friday, February 14th. Morgan Stanley raised Twilio from an “equal weight” rating to an “overweight” rating and increased their price target for the company from $144.00 to $160.00 in a report on Monday, February 24th. Mizuho lifted their price objective on Twilio from $140.00 to $150.00 and gave the stock an “outperform” rating in a report on Friday, January 24th. Monness Crespi & Hardt increased their target price on Twilio from $135.00 to $152.00 and gave the company a “buy” rating in a research note on Monday, January 27th. Finally, William Blair reissued an “outperform” rating on shares of Twilio in a research report on Friday, February 14th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating, sixteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $135.35.

Twilio Stock Performance

Twilio stock opened at $106.40 on Monday. The firm has a market capitalization of $16.24 billion, a PE ratio of -166.25, a price-to-earnings-growth ratio of 4.30 and a beta of 1.47. Twilio has a one year low of $52.51 and a one year high of $151.95. The stock’s 50 day moving average price is $121.29 and its 200 day moving average price is $99.71. The company has a debt-to-equity ratio of 0.12, a quick ratio of 5.06 and a current ratio of 5.06.

Twilio (NYSE:TWLO) last posted its earnings results on Thursday, February 13th. The technology company reported $0.22 EPS for the quarter, missing analysts’ consensus estimates of $0.99 by ($0.77). The firm had revenue of $1.19 billion for the quarter, compared to analyst estimates of $1.19 billion. Twilio had a positive return on equity of 1.38% and a negative net margin of 2.45%. As a group, sell-side analysts expect that Twilio will post 1.44 EPS for the current fiscal year.

Insider Activity at Twilio

In other Twilio news, CFO Aidan Viggiano sold 6,552 shares of the business’s stock in a transaction dated Monday, January 6th. The shares were sold at an average price of $113.55, for a total transaction of $743,979.60. Following the completion of the transaction, the chief financial officer now directly owns 153,910 shares of the company’s stock, valued at $17,476,480.50. The trade was a 4.08 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Khozema Shipchandler sold 10,834 shares of the firm’s stock in a transaction that occurred on Monday, January 6th. The shares were sold at an average price of $113.58, for a total transaction of $1,230,525.72. Following the completion of the sale, the chief executive officer now owns 244,971 shares in the company, valued at $27,823,806.18. The trade was a 4.24 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 21,277 shares of company stock worth $2,441,324 in the last 90 days. 4.50% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the business. M&T Bank Corp raised its stake in shares of Twilio by 1.0% during the fourth quarter. M&T Bank Corp now owns 8,727 shares of the technology company’s stock valued at $943,000 after purchasing an additional 85 shares in the last quarter. Allworth Financial LP raised its position in shares of Twilio by 6.9% during the 4th quarter. Allworth Financial LP now owns 1,465 shares of the technology company’s stock worth $165,000 after buying an additional 94 shares in the last quarter. GHP Investment Advisors Inc. lifted its stake in shares of Twilio by 10.4% in the 4th quarter. GHP Investment Advisors Inc. now owns 1,107 shares of the technology company’s stock worth $120,000 after acquiring an additional 104 shares during the period. Tidal Investments LLC boosted its holdings in shares of Twilio by 0.6% in the third quarter. Tidal Investments LLC now owns 17,666 shares of the technology company’s stock valued at $1,152,000 after acquiring an additional 112 shares in the last quarter. Finally, Freestone Capital Holdings LLC increased its stake in shares of Twilio by 3.3% during the fourth quarter. Freestone Capital Holdings LLC now owns 3,918 shares of the technology company’s stock valued at $423,000 after acquiring an additional 124 shares during the period. Institutional investors and hedge funds own 84.27% of the company’s stock.

Twilio Company Profile

Twilio Inc, together with its subsidiaries, provides customer engagement platform solutions in the United States and internationally. It operates through two segments, Twilio Communications and Twilio Segment. The company provides various application programming interfaces and software solutions for communications between customers and end users, including messaging, voice, email, flex, marketing campaigns, and user identity and authentication.