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

Twilio Inc (NYSE:TWLO) has earned an average rating of “Buy” from the twenty-six analysts that are covering the firm, MarketBeat Ratings reports. Three investment analysts have rated the stock with a hold recommendation, nineteen have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is $135.61.

Several equities research analysts recently commented on the stock. Oppenheimer cut their price target on shares of Twilio from $160.00 to $145.00 and set an “outperform” rating on the stock in a research note on Friday, October 11th. Piper Jaffray Companies initiated coverage on Twilio in a research report on Tuesday, October 29th. They set an “overweight” rating and a $141.00 target price on the stock. Royal Bank of Canada reduced their target price on Twilio from $135.00 to $125.00 and set an “outperform” rating for the company in a report on Thursday, October 31st. Monness Crespi & Hardt downgraded Twilio from a “buy” rating to a “neutral” rating in a report on Thursday, October 31st. Finally, Bank of America decreased their target price on Twilio from $160.00 to $138.00 and set a “buy” rating for the company in a research report on Thursday, October 31st.

TWLO traded up $0.71 on Monday, reaching $99.25. The company’s stock had a trading volume of 112,174 shares, compared to its average volume of 3,161,456. The stock has a 50 day moving average of $100.93 and a two-hundred day moving average of $122.90. The company has a quick ratio of 9.57, a current ratio of 9.57 and a debt-to-equity ratio of 0.14. The company has a market capitalization of $13.51 billion, a price-to-earnings ratio of -124.08 and a beta of 1.14. Twilio has a fifty-two week low of $73.15 and a fifty-two week high of $151.00.

Twilio (NYSE:TWLO) last released its quarterly earnings data on Wednesday, October 30th. The technology company reported $0.03 earnings per share for the quarter, topping analysts’ consensus estimates of $0.01 by $0.02. The company had revenue of $295.00 million for the quarter, compared to analysts’ expectations of $287.96 million. Twilio had a negative net margin of 26.20% and a negative return on equity of 6.02%. The firm’s revenue for the quarter was up 74.6% on a year-over-year basis. During the same quarter last year, the company earned $0.07 earnings per share. As a group, analysts anticipate that Twilio will post -1.5 earnings per share for the current fiscal year.

In related news, Director Richard L. Dalzell sold 500 shares of the stock in a transaction dated Monday, September 16th. The shares were sold at an average price of $108.40, for a total transaction of $54,200.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Bessemer Venture Partners Vii sold 7,402 shares of the stock in a transaction dated Tuesday, November 26th. The stock was sold at an average price of $103.11, for a total transaction of $763,220.22. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 212,125 shares of company stock valued at $22,453,002. Corporate insiders own 10.85% of the company’s stock.

Several institutional investors have recently bought and sold shares of the stock. Financial Architects Inc increased its holdings in Twilio by 195.1% in the third quarter. Financial Architects Inc now owns 233 shares of the technology company’s stock valued at $26,000 after buying an additional 478 shares in the last quarter. Massmutual Trust Co. FSB ADV grew its holdings in shares of Twilio by 94.6% in the 2nd quarter. Massmutual Trust Co. FSB ADV now owns 218 shares of the technology company’s stock worth $30,000 after acquiring an additional 106 shares during the period. Banco de Sabadell S.A acquired a new stake in shares of Twilio in the 2nd quarter worth approximately $31,000. Baldwin Brothers Inc. MA purchased a new position in Twilio in the 3rd quarter valued at approximately $44,000. Finally, Captrust Financial Advisors increased its stake in Twilio by 153.8% in the 2nd quarter. Captrust Financial Advisors now owns 330 shares of the technology company’s stock valued at $45,000 after purchasing an additional 200 shares in the last quarter. Hedge funds and other institutional investors own 80.73% of the company’s stock.

Twilio Company Profile

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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Analyst Recommendations for Twilio (NYSE:TWLO)

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