Twilio (NYSE:TWLO) Upgraded to “Buy” at StockNews.com

StockNews.com upgraded shares of Twilio (NYSE:TWLO) from a hold rating to a buy rating in a research report report published on Tuesday morning.

Other analysts also recently issued research reports about the company. Robert W. Baird raised Twilio from a “neutral” rating to an “outperform” rating and raised their price target for the stock from $115.00 to $160.00 in a report on Friday, January 24th. William Blair restated an “outperform” rating on shares of Twilio in a research report on Friday, February 14th. Morgan Stanley raised Twilio from an “equal weight” rating to an “overweight” rating and raised their price objective for the stock from $144.00 to $160.00 in a research note on Monday, February 24th. Oppenheimer lifted their price target on Twilio from $90.00 to $160.00 and gave the company an “outperform” rating in a report on Friday, January 24th. Finally, UBS Group boosted their target price on Twilio from $145.00 to $175.00 and gave the company a “buy” rating in a research note on Friday, February 14th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating, seventeen have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $135.35.

Twilio Price Performance

TWLO stock opened at $98.09 on Tuesday. The company has a quick ratio of 5.06, a current ratio of 5.06 and a debt-to-equity ratio of 0.12. The stock’s 50 day moving average is $119.96 and its two-hundred day moving average is $101.51. The company has a market capitalization of $14.97 billion, a PE ratio of -153.26, a P/E/G ratio of 4.30 and a beta of 1.47. Twilio has a 52-week low of $52.51 and a 52-week high of $151.95.

Twilio (NYSE:TWLO) last announced its quarterly earnings data on Thursday, February 13th. The technology company reported $0.22 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.99 by ($0.77). Twilio had a negative net margin of 2.45% and a positive return on equity of 1.38%. The firm had revenue of $1.19 billion for the quarter, compared to analyst estimates of $1.19 billion. Analysts predict that Twilio will post 1.44 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, CEO Khozema Shipchandler sold 10,834 shares of Twilio stock in a transaction that occurred on Monday, January 6th. The shares were sold at an average price of $113.58, for a total value of $1,230,525.72. Following the completion of the transaction, the chief executive officer now owns 244,971 shares in the company, valued at approximately $27,823,806.18. The trade was a 4.24 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Aidan Viggiano sold 1,391 shares of the firm’s stock in a transaction on Tuesday, February 18th. The shares were sold at an average price of $124.51, for a total value of $173,193.41. Following the completion of the sale, the chief financial officer now owns 152,519 shares of the company’s stock, valued at approximately $18,990,140.69. This trade represents a 0.90 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 21,277 shares of company stock worth $2,441,324 over the last quarter. Company insiders own 4.50% of the company’s stock.

Institutional Inflows and Outflows

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

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.