Twilio Inc. (NYSE:TWLO) Given Average Rating of “Moderate Buy” by Analysts

Shares of Twilio Inc. (NYSE:TWLO) have received a consensus recommendation of “Moderate Buy” from the twenty-five analysts that are presently covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating, sixteen have issued a buy rating and one has assigned a strong buy rating to the company. The average 12 month price objective among brokers that have covered the stock in the last year is $135.35.

Several research firms have commented on TWLO. Robert W. Baird raised shares of Twilio from a “neutral” rating to an “outperform” rating and increased their price objective for the company from $115.00 to $160.00 in a report on Friday, January 24th. Monness Crespi & Hardt increased their price target on Twilio from $135.00 to $152.00 and gave the company a “buy” rating in a research note on Monday, January 27th. Needham & Company LLC lifted their price objective on Twilio from $91.00 to $165.00 and gave the stock a “buy” rating in a research note on Tuesday, January 28th. Scotiabank raised their target price on shares of Twilio from $90.00 to $160.00 and gave the company a “sector outperform” rating in a report on Friday, January 24th. Finally, Jefferies Financial Group upped their price target on shares of Twilio from $105.00 to $145.00 and gave the company a “hold” rating in a research note on Friday, February 14th.

Insider Activity at Twilio

In related news, CEO Khozema Shipchandler sold 12,056 shares of the firm’s stock in a transaction dated Monday, March 31st. The shares were sold at an average price of $95.88, for a total value of $1,155,929.28. Following the transaction, the chief executive officer now owns 295,134 shares of the company’s stock, valued at $28,297,447.92. This trade represents a 3.92 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO Aidan Viggiano sold 2,500 shares of the business’s stock in a transaction dated Friday, February 21st. The shares were sold at an average price of $117.45, for a total transaction of $293,625.00. Following the completion of the sale, the chief financial officer now directly owns 184,164 shares of the company’s stock, valued at approximately $21,630,061.80. This trade represents a 1.34 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 23,471 shares of company stock worth $2,344,149 in the last quarter. 4.50% of the stock is owned by company insiders.

Hedge Funds Weigh In On Twilio

Institutional investors have recently modified their holdings of the stock. JFS Wealth Advisors LLC increased its position in Twilio by 244.0% during the 4th quarter. JFS Wealth Advisors LLC now owns 375 shares of the technology company’s stock valued at $41,000 after purchasing an additional 266 shares during the period. Parkside Financial Bank & Trust lifted its position in Twilio by 79.4% during the fourth quarter. Parkside Financial Bank & Trust now owns 375 shares of the technology company’s stock valued at $41,000 after acquiring an additional 166 shares during the last quarter. Centricity Wealth Management LLC acquired a new stake in Twilio in the fourth quarter valued at approximately $44,000. Private Trust Co. NA grew its holdings in Twilio by 395.6% in the fourth quarter. Private Trust Co. NA now owns 451 shares of the technology company’s stock worth $49,000 after purchasing an additional 360 shares during the last quarter. Finally, AdvisorNet Financial Inc lifted its holdings in shares of Twilio by 1,778.6% during the 1st quarter. AdvisorNet Financial Inc now owns 526 shares of the technology company’s stock valued at $52,000 after purchasing an additional 498 shares during the last quarter. 84.27% of the stock is owned by hedge funds and other institutional investors.

Twilio Stock Down 7.1 %

Shares of TWLO opened at $85.44 on Friday. The business’s 50 day moving average is $111.02 and its 200 day moving average is $102.57. The company has a current ratio of 5.06, a quick ratio of 5.06 and a debt-to-equity ratio of 0.12. Twilio has a 12-month low of $52.51 and a 12-month high of $151.95. The company has a market capitalization of $13.04 billion, a PE ratio of -133.50, a price-to-earnings-growth ratio of 4.30 and a beta of 1.50.

Twilio (NYSE:TWLO) last released its earnings results on Thursday, February 13th. The technology company reported $0.22 EPS for the quarter, missing the consensus estimate of $0.99 by ($0.77). Twilio had a positive return on equity of 1.38% and a negative net margin of 2.45%. The company had revenue of $1.19 billion during the quarter, compared to analysts’ expectations of $1.19 billion. Research analysts expect that Twilio will post 1.44 earnings per share for the current fiscal year.

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.