Twilio Inc. (NYSE:TWLO) Receives Average Recommendation of “Hold” from Analysts

Shares of Twilio Inc. (NYSE:TWLO) have received a consensus recommendation of “Hold” from the twenty-two research firms that are currently covering the company, MarketBeat reports. Two equities research analysts have rated the stock with a sell recommendation, eleven have issued a hold recommendation and nine have issued a buy recommendation on the company. The average 1-year target price among brokerages that have covered the stock in the last year is $70.52.

TWLO has been the topic of several research reports. Wells Fargo & Company upped their target price on Twilio from $60.00 to $65.00 and gave the company an “equal weight” rating in a research report on Friday, August 2nd. JPMorgan Chase & Co. raised their price objective on Twilio from $76.00 to $78.00 and gave the stock an “overweight” rating in a research note on Friday, August 2nd. StockNews.com upgraded Twilio from a “hold” rating to a “buy” rating in a research report on Friday, September 13th. Morgan Stanley lowered shares of Twilio from an “overweight” rating to an “equal weight” rating and reduced their price target for the stock from $70.00 to $60.00 in a research report on Friday, June 14th. Finally, Barclays decreased their price objective on shares of Twilio from $70.00 to $65.00 and set an “equal weight” rating for the company in a research note on Monday, August 5th.

Insider Activity

In other news, insider Dana Wagner sold 820 shares of Twilio stock in a transaction dated Friday, July 5th. The shares were sold at an average price of $56.26, for a total value of $46,133.20. Following the sale, the insider now owns 159,317 shares in the company, valued at $8,963,174.42. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In related news, insider Dana Wagner sold 820 shares of the stock in a transaction on Friday, July 5th. The stock was sold at an average price of $56.26, for a total value of $46,133.20. Following the completion of the transaction, the insider now directly owns 159,317 shares of the company’s stock, valued at approximately $8,963,174.42. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Khozema Shipchandler sold 11,241 shares of the firm’s stock in a transaction on Monday, July 1st. The shares were sold at an average price of $56.29, for a total value of $632,755.89. Following the completion of the transaction, the chief executive officer now owns 300,084 shares in the company, valued at approximately $16,891,728.36. The disclosure for this sale can be found here. Insiders have sold 47,030 shares of company stock worth $2,677,475 in the last quarter. Corporate insiders own 4.50% of the company’s stock.

Institutional Trading of Twilio

A number of hedge funds have recently bought and sold shares of TWLO. Point72 Asia Singapore Pte. Ltd. acquired a new stake in shares of Twilio in the second quarter valued at approximately $170,000. Newbridge Financial Services Group Inc. grew its holdings in Twilio by 26.8% in the 2nd quarter. Newbridge Financial Services Group Inc. now owns 3,548 shares of the technology company’s stock valued at $202,000 after buying an additional 750 shares in the last quarter. Sanctuary Advisors LLC acquired a new stake in shares of Twilio in the 2nd quarter worth $918,000. Quarry LP raised its holdings in shares of Twilio by 568.2% during the 2nd quarter. Quarry LP now owns 3,528 shares of the technology company’s stock worth $200,000 after acquiring an additional 3,000 shares during the period. Finally, Northwestern Mutual Wealth Management Co. boosted its position in shares of Twilio by 2.3% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 34,189 shares of the technology company’s stock valued at $1,942,000 after acquiring an additional 768 shares during the last quarter. Institutional investors and hedge funds own 84.27% of the company’s stock.

Twilio Trading Up 1.0 %

Twilio stock opened at $64.68 on Monday. The company has a debt-to-equity ratio of 0.11, a quick ratio of 5.57 and a current ratio of 5.57. The stock has a market cap of $11.07 billion, a PE ratio of -15.97, a price-to-earnings-growth ratio of 3.59 and a beta of 1.35. The stock has a 50-day moving average of $60.29 and a two-hundred day moving average of $59.50. Twilio has a one year low of $49.86 and a one year high of $78.16.

Twilio (NYSE:TWLO) last announced its quarterly earnings data on Thursday, August 1st. The technology company reported $0.87 EPS for the quarter, beating the consensus estimate of $0.70 by $0.17. The firm had revenue of $1.08 billion during the quarter, compared to analyst estimates of $1.06 billion. Twilio had a negative net margin of 14.02% and a negative return on equity of 0.22%. Twilio’s revenue was up 4.4% on a year-over-year basis. During the same period last year, the firm posted ($0.23) EPS. On average, research analysts anticipate that Twilio will post 0.54 EPS 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.