Twilio (NYSE:TWLO) Stock Price Expected to Rise, Jefferies Financial Group Analyst Says

Twilio (NYSE:TWLO - Free Report) had its price objective hoisted by Jefferies Financial Group from $105.00 to $145.00 in a report issued on Friday morning,Benzinga reports. Jefferies Financial Group currently has a hold rating on the technology company's stock.

A number of other research firms have also recently commented on TWLO. Stifel Nicolaus lifted their target price on shares of Twilio from $110.00 to $130.00 and gave the stock a "hold" rating in a research note on Friday, January 24th. JPMorgan Chase & Co. lifted their target price on shares of Twilio from $83.00 to $130.00 and gave the stock an "overweight" rating in a research note on Friday, January 24th. William Blair reiterated an "outperform" rating on shares of Twilio in a research note on Friday, January 24th. Monness Crespi & Hardt lifted their target price on shares of Twilio from $135.00 to $152.00 and gave the stock a "buy" rating in a research note on Monday, January 27th. Finally, Baird R W upgraded shares of Twilio from a "hold" rating to a "strong-buy" rating in a research note on Friday, January 24th. One research analyst has rated the stock with a sell rating, eight have given a hold rating, sixteen have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $130.91.

Twilio Stock Up 0.2 %

Shares of NYSE:TWLO traded up $0.26 during trading on Friday, reaching $125.43. The stock had a trading volume of 7,403,315 shares, compared to its average volume of 3,992,440. Twilio has a one year low of $52.51 and a one year high of $151.95. The company has a market capitalization of $19.24 billion, a P/E ratio of -48.81, a PEG ratio of 3.60 and a beta of 1.43. The company has a current ratio of 5.06, a quick ratio of 5.06 and a debt-to-equity ratio of 0.12. The firm's 50-day simple moving average is $121.50 and its 200 day simple moving average is $91.13.

Twilio (NYSE:TWLO - Get Free Report) last released its quarterly earnings results on Thursday, February 13th. The technology company reported $0.22 earnings per share for the quarter, missing analysts' consensus estimates of $0.99 by ($0.77). Twilio had a negative net margin of 10.65% and a positive return on equity of 0.85%. The firm had revenue of $1.19 billion during the quarter, compared to the consensus estimate of $1.19 billion. As a group, research analysts expect that Twilio will post 0.88 EPS for the current fiscal year.

Insider Activity

In related news, CEO Khozema Shipchandler sold 10,834 shares of the business's stock in a transaction on Monday, January 6th. The shares were sold at an average price of $113.58, for a total value of $1,230,525.72. Following the completion of the sale, the chief executive officer now owns 244,971 shares of the company's stock, valued at approximately $27,823,806.18. The trade was a 4.24 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Dana Wagner sold 4,629 shares of the business's stock in a transaction on Wednesday, December 4th. The stock was sold at an average price of $110.00, for a total transaction of $509,190.00. Following the completion of the sale, the insider now directly owns 125,576 shares of the company's stock, valued at approximately $13,813,360. The trade was a 3.56 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 22,015 shares of company stock valued at $2,483,695 in the last three months. 4.50% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Twilio

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. True Wealth Design LLC boosted its stake in Twilio by 5,200.0% during the 3rd quarter. True Wealth Design LLC now owns 424 shares of the technology company's stock worth $28,000 after purchasing an additional 416 shares during the last quarter. JFS Wealth Advisors LLC boosted its stake in Twilio by 244.0% during the 4th quarter. JFS Wealth Advisors LLC now owns 375 shares of the technology company's stock worth $41,000 after purchasing an additional 266 shares during the last quarter. Parkside Financial Bank & Trust boosted its stake in Twilio by 79.4% during the 4th quarter. Parkside Financial Bank & Trust now owns 375 shares of the technology company's stock worth $41,000 after purchasing an additional 166 shares during the last quarter. Centricity Wealth Management LLC acquired a new stake in Twilio during the 4th quarter worth $44,000. Finally, Brooklyn Investment Group acquired a new stake in Twilio during the 3rd quarter worth $46,000. Hedge funds and other institutional investors own 84.27% of the company's stock.

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.