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

Twilio Inc. (NYSE:TWLO) has been given an average rating of “Moderate Buy” by the twenty-five ratings firms that are presently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, seven have given a hold rating, sixteen have assigned a buy rating and one has assigned a strong buy rating to the company. The average 1 year price objective among brokerages that have covered the stock in the last year is $135.35.

A number of analysts have recently issued reports on TWLO shares. Scotiabank lifted their price objective on shares of Twilio from $90.00 to $160.00 and gave the stock a “sector outperform” rating in a report on Friday, January 24th. Barclays lifted their price objective on shares of Twilio from $120.00 to $140.00 and gave the stock an “equal weight” rating in a report on Friday, February 14th. Robert W. Baird raised shares of Twilio from a “neutral” rating to an “outperform” rating and boosted their price target for the stock from $115.00 to $160.00 in a research note on Friday, January 24th. Baird R W raised shares of Twilio from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 24th. Finally, Jefferies Financial Group boosted their price target on shares of Twilio from $105.00 to $145.00 and gave the stock a “hold” rating in a research note on Friday, February 14th.

Insider Activity at Twilio

In other Twilio news, CFO Aidan Viggiano sold 1,391 shares of the company’s stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $124.51, for a total value of $173,193.41. Following the sale, the chief financial officer now owns 152,519 shares in the company, valued at approximately $18,990,140.69. This represents a 0.90 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Khozema Shipchandler sold 10,834 shares of the company’s stock in a transaction dated Monday, January 6th. The stock was sold at an average price of $113.58, for a total transaction of $1,230,525.72. Following the completion of the sale, the chief executive officer now owns 244,971 shares in the company, valued at approximately $27,823,806.18. This trade represents a 4.24 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 21,277 shares of company stock worth $2,441,324 over the last 90 days. 4.50% of the stock is owned by company insiders.

Institutional Investors Weigh In On Twilio

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. FMR LLC grew its holdings in Twilio by 0.8% in the third quarter. FMR LLC now owns 9,206,488 shares of the technology company’s stock worth $600,447,000 after purchasing an additional 77,436 shares during the period. Arrowstreet Capital Limited Partnership grew its holdings in Twilio by 718.7% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 3,262,765 shares of the technology company’s stock worth $352,640,000 after purchasing an additional 2,864,235 shares during the period. Pacer Advisors Inc. grew its holdings in Twilio by 18.3% in the third quarter. Pacer Advisors Inc. now owns 2,867,623 shares of the technology company’s stock worth $187,026,000 after purchasing an additional 444,295 shares during the period. Jericho Capital Asset Management L.P. purchased a new stake in Twilio in the fourth quarter worth about $301,258,000. Finally, Geode Capital Management LLC grew its holdings in shares of Twilio by 1.3% during the third quarter. Geode Capital Management LLC now owns 2,724,406 shares of the technology company’s stock valued at $177,622,000 after buying an additional 33,824 shares during the last quarter. Hedge funds and other institutional investors own 84.27% of the company’s stock.

Twilio Stock Up 1.6 %

TWLO opened at $103.44 on Monday. The company has a fifty day moving average price of $121.32 and a 200-day moving average price of $98.86. The firm has a market capitalization of $15.79 billion, a P/E ratio of -161.62, a price-to-earnings-growth ratio of 4.30 and a beta of 1.47. 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 one year low of $52.51 and a one year high of $151.95.

Twilio (NYSE:TWLO) last released its quarterly earnings results on Thursday, February 13th. The technology company reported $0.22 EPS for the quarter, missing analysts’ consensus estimates of $0.99 by ($0.77). The firm had revenue of $1.19 billion for the quarter, compared to analysts’ expectations of $1.19 billion. Twilio had a negative net margin of 2.45% and a positive return on equity of 1.38%. Equities research analysts expect that Twilio will post 1.44 earnings per share for the current fiscal year.

About Twilio

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.