Brokerages Anticipate Twilio Inc. (NYSE:TWLO) to Announce -$0.09 Earnings Per Share

Equities analysts predict that Twilio Inc. (NYSE:TWLO) will report earnings of ($0.09) per share for the current fiscal quarter, according to Zacks Investment Research. Ten analysts have made estimates for Twilio’s earnings, with estimates ranging from ($0.13) to $0.01. Twilio reported earnings per share of $0.06 during the same quarter last year, which would suggest a negative year-over-year growth rate of 250%. The company is scheduled to issue its next earnings report on Wednesday, May 5th.

According to Zacks, analysts expect that Twilio will report full year earnings of ($0.13) per share for the current fiscal year, with EPS estimates ranging from ($0.42) to $0.14. For the next fiscal year, analysts forecast that the business will post earnings of $0.19 per share, with EPS estimates ranging from ($0.12) to $0.66. Zacks’ EPS calculations are an average based on a survey of sell-side analysts that follow Twilio.

Twilio (NYSE:TWLO) last issued its quarterly earnings results on Wednesday, February 17th. The technology company reported $0.04 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.51) by $0.55. Twilio had a negative return on equity of 5.43% and a negative net margin of 26.01%. The company had revenue of $548.09 million for the quarter, compared to analyst estimates of $454.64 million.

A number of research analysts have weighed in on the company. Wells Fargo & Company increased their price target on Twilio from $450.00 to $525.00 and gave the stock an “overweight” rating in a research note on Thursday, February 25th. Jefferies Financial Group began coverage on Twilio in a research report on Monday, March 15th. They issued a “buy” rating and a $415.00 target price on the stock. Stifel Nicolaus assumed coverage on Twilio in a research report on Wednesday, January 13th. They issued a “buy” rating and a $425.00 target price on the stock. William Blair reissued an “outperform” rating on shares of Twilio in a research report on Thursday, February 18th. Finally, KeyCorp raised their price objective on Twilio from $420.00 to $550.00 and gave the company an “overweight” rating in a research report on Thursday, February 25th. Two equities research analysts have rated the stock with a hold rating and twenty-two have assigned a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of $442.36.

Shares of Twilio stock traded up $14.66 during trading hours on Friday, reaching $367.77. 36,092 shares of the company’s stock were exchanged, compared to its average volume of 2,288,588. Twilio has a 52-week low of $88.15 and a 52-week high of $457.30. The firm has a market capitalization of $62.70 billion, a price-to-earnings ratio of -129.29 and a beta of 1.51. The company has a fifty day moving average of $367.11 and a 200-day moving average of $337.89. The company has a current ratio of 10.94, a quick ratio of 10.94 and a debt-to-equity ratio of 0.08.

In other Twilio news, General Counsel Karyn Smith sold 502 shares of the firm’s stock in a transaction dated Monday, April 5th. The shares were sold at an average price of $355.00, for a total value of $178,210.00. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Chee Chew sold 1,104 shares of the firm’s stock in a transaction dated Wednesday, March 31st. The stock was sold at an average price of $343.95, for a total transaction of $379,720.80. The disclosure for this sale can be found here. Insiders sold 207,884 shares of company stock worth $81,943,810 in the last three months. 6.68% of the stock is currently owned by corporate insiders.

A number of hedge funds and other institutional investors have recently modified their holdings of TWLO. The Manufacturers Life Insurance Company lifted its holdings in Twilio by 28.6% in the third quarter. The Manufacturers Life Insurance Company now owns 3,681 shares of the technology company’s stock worth $909,000 after acquiring an additional 819 shares during the last quarter. O Shaughnessy Asset Management LLC raised its holdings in shares of Twilio by 11,150.0% during the third quarter. O Shaughnessy Asset Management LLC now owns 225 shares of the technology company’s stock valued at $56,000 after buying an additional 223 shares during the last quarter. Guggenheim Capital LLC raised its holdings in shares of Twilio by 103.7% during the third quarter. Guggenheim Capital LLC now owns 11,210 shares of the technology company’s stock valued at $2,770,000 after buying an additional 5,707 shares during the last quarter. Cetera Advisors LLC raised its holdings in shares of Twilio by 22.9% during the third quarter. Cetera Advisors LLC now owns 2,574 shares of the technology company’s stock valued at $636,000 after buying an additional 480 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. raised its holdings in shares of Twilio by 11.2% during the third quarter. Charles Schwab Investment Management Inc. now owns 386,135 shares of the technology company’s stock valued at $95,411,000 after buying an additional 38,803 shares during the last quarter. 82.51% of the stock is currently owned by hedge funds and other institutional investors.

About Twilio

Twilio Inc, together with its subsidiaries, provides a cloud communications platform that enables developers to build, scale, and operate customer engagement within software applications in the United States and internationally. Its customer engagement platform provides a set of application programming interfaces that handle the higher-level communication logic needed for nearly every type of customer engagement, as well as enable developers to embed voice, messaging, video, and email capabilities into their applications.

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