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

Shares of Twilio Inc. (NYSE:TWLO) have been given a consensus rating of “Moderate Buy” by the twenty-five brokerages that are covering the company, MarketBeat.com reports. One analyst has rated the stock with a sell rating, seven have issued a hold rating, sixteen have given a buy rating and one has issued a strong buy rating on the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $134.26.

Several equities research analysts recently weighed in on TWLO shares. William Blair reiterated an “outperform” rating on shares of Twilio in a research note on Friday, February 14th. JPMorgan Chase & Co. increased their target price on shares of Twilio from $83.00 to $130.00 and gave the company an “overweight” rating in a research note on Friday, January 24th. Oppenheimer increased their target price on shares of Twilio from $90.00 to $160.00 and gave the company an “outperform” rating in a research note on Friday, January 24th. StockNews.com upgraded shares of Twilio from a “hold” rating to a “buy” rating in a research note on Friday. Finally, Stifel Nicolaus increased their target price on shares of Twilio from $130.00 to $135.00 and gave the company a “hold” rating in a research note on Friday, February 14th.

Twilio Stock Up 4.2 %

TWLO stock opened at $98.90 on Monday. The company has a debt-to-equity ratio of 0.12, a current ratio of 5.06 and a quick ratio of 5.06. Twilio has a 52-week low of $52.51 and a 52-week high of $151.95. The company has a 50-day moving average of $122.22 and a two-hundred day moving average of $98.00. The stock has a market capitalization of $15.10 billion, a price-to-earnings ratio of -154.53, a price-to-earnings-growth ratio of 4.30 and a beta of 1.47.

Twilio (NYSE:TWLO) last released its quarterly earnings results on Thursday, February 13th. The technology company reported $0.22 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 the consensus estimate of $1.19 billion. As a group, equities research analysts anticipate that Twilio will post 1.44 EPS for the current year.

Insider Activity

In other news, CFO Aidan Viggiano sold 6,552 shares of the stock in a transaction that occurred on Monday, January 6th. The shares were sold at an average price of $113.55, for a total transaction of $743,979.60. Following the sale, the chief financial officer now directly owns 153,910 shares of the company’s stock, valued at $17,476,480.50. This represents a 4.08 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 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 transaction, the chief executive officer now directly 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 disclosure for this sale can be found here. Insiders have sold 21,277 shares of company stock valued at $2,441,324 over the last three months. 4.50% of the stock is owned by insiders.

Hedge Funds Weigh In On Twilio

Hedge funds and other institutional investors have recently bought and sold shares of the business. True Wealth Design LLC boosted its stake in Twilio by 5,200.0% in the third quarter. True Wealth Design LLC now owns 424 shares of the technology company’s stock valued at $28,000 after acquiring an additional 416 shares during the last quarter. JFS Wealth Advisors LLC boosted its stake in Twilio by 244.0% in the fourth quarter. JFS Wealth Advisors LLC now owns 375 shares of the technology company’s stock valued at $41,000 after acquiring an additional 266 shares during the last quarter. Parkside Financial Bank & Trust boosted its stake in Twilio by 79.4% in 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 bought a new position in Twilio in the fourth quarter valued at approximately $44,000. Finally, Brooklyn Investment Group bought a new position in Twilio in the third quarter valued at approximately $46,000. 84.27% of the stock is owned by institutional investors.

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.