Somewhat Favorable News Coverage Somewhat Unlikely to Affect Twilio (TWLO) Stock Price

News coverage about Twilio (NYSE:TWLO) has trended somewhat positive on Wednesday, according to Accern Sentiment Analysis. The research group identifies negative and positive press coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Twilio earned a media sentiment score of 0.15 on Accern’s scale. Accern also gave news stories about the technology company an impact score of 46.9611696772079 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

These are some of the news stories that may have impacted Accern Sentiment’s scoring:

Several equities analysts have recently issued reports on TWLO shares. JPMorgan Chase & Co. boosted their price target on shares of Twilio to $75.00 and gave the company an “overweight” rating in a report on Tuesday, August 7th. Zacks Investment Research raised shares of Twilio from a “sell” rating to a “hold” rating in a report on Sunday, July 15th. ValuEngine raised shares of Twilio from a “hold” rating to a “buy” rating in a report on Wednesday, May 2nd. Argus raised shares of Twilio from a “hold” rating to a “buy” rating in a report on Thursday, June 28th. They noted that the move was a valuation call. Finally, JMP Securities boosted their price target on shares of Twilio from $39.00 to $55.00 and gave the company an “outperform” rating in a report on Wednesday, May 9th. Four equities research analysts have rated the stock with a hold rating and seventeen have assigned a buy rating to the company. The stock has an average rating of “Buy” and an average target price of $66.43.

Shares of NYSE TWLO opened at $76.75 on Wednesday. The firm has a market capitalization of $7.42 billion, a P/E ratio of -98.40 and a beta of -0.26. The company has a debt-to-equity ratio of 0.98, a current ratio of 7.20 and a quick ratio of 7.20. Twilio has a 1-year low of $23.25 and a 1-year high of $79.47.

Twilio (NYSE:TWLO) last announced its earnings results on Monday, August 6th. The technology company reported $0.03 earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.06) by $0.09. The firm had revenue of $147.80 million during the quarter, compared to analyst estimates of $130.39 million. Twilio had a negative net margin of 18.29% and a negative return on equity of 21.41%. The company’s revenue for the quarter was up 54.1% compared to the same quarter last year. During the same period in the prior year, the business earned ($0.05) EPS. sell-side analysts expect that Twilio will post -0.78 earnings per share for the current year.

In related news, General Counsel Karyn Smith sold 3,497 shares of the company’s stock in a transaction on Friday, May 18th. The shares were sold at an average price of $54.86, for a total value of $191,845.42. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, COO George Hu sold 3,737 shares of the stock in a transaction dated Monday, May 21st. The stock was sold at an average price of $55.31, for a total transaction of $206,693.47. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 133,855 shares of company stock valued at $8,083,288. Company insiders own 19.80% of the company’s stock.

About Twilio

Twilio Inc provides a cloud communications platform that enables developers to build, scale, and operate communications within software applications in the United States and internationally. The company's programmable communications cloud provides a set of application programming interfaces that enable developers to embed voice, messaging, and video capabilities into their applications.

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