Twilio Inc. (NYSE:TWLO) Receives Consensus Recommendation of "Hold" from Analysts

Shares of Twilio Inc. (NYSE:TWLO - Get Free Report) have been assigned a consensus recommendation of "Hold" from the twenty-two ratings firms that are covering the stock, Marketbeat reports. Two research analysts have rated the stock with a sell rating, eleven have given a hold rating and nine have given a buy rating to the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is $70.52.

Several research analysts have commented on TWLO shares. Macquarie cut their target price on Twilio from $69.00 to $63.00 and set a "neutral" rating for the company in a research note on Wednesday, May 8th. Barclays lowered their target price on shares of Twilio from $70.00 to $65.00 and set an "equal weight" rating on the stock in a research note on Monday, August 5th. Sanford C. Bernstein boosted their target price on Twilio from $68.00 to $70.00 and gave the stock a "market perform" rating in a research report on Tuesday. StockNews.com raised Twilio from a "hold" rating to a "buy" rating in a report on Sunday, July 28th. Finally, Morgan Stanley cut shares of Twilio from an "overweight" rating to an "equal weight" rating and cut their price target for the stock from $70.00 to $60.00 in a research note on Friday, June 14th.

Twilio Stock Performance

TWLO stock traded up $1.42 during mid-day trading on Thursday, hitting $62.35. The company had a trading volume of 1,721,273 shares, compared to its average volume of 2,812,463. 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 firm has a market cap of $10.01 billion, a PE ratio of -15.55, a price-to-earnings-growth ratio of 4.15 and a beta of 1.35. Twilio has a 12 month low of $49.86 and a 12 month high of $78.16. The stock's fifty day moving average price is $58.46 and its two-hundred day moving average price is $59.42.

Twilio (NYSE:TWLO - Get Free Report) last issued its earnings results on Thursday, August 1st. The technology company reported $0.87 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.70 by $0.17. Twilio had a negative return on equity of 0.22% and a negative net margin of 14.02%. The firm had revenue of $1.08 billion for the quarter, compared to analyst estimates of $1.06 billion. During the same period in the previous year, the company posted ($0.23) earnings per share. The business's revenue was up 4.4% on a year-over-year basis. On average, analysts forecast that Twilio will post 0.45 earnings per share for the current fiscal year.

Insider Buying and Selling at Twilio

In related news, CEO Khozema Shipchandler sold 24,657 shares of the business's stock in a transaction that occurred on Friday, June 7th. The shares were sold at an average price of $57.00, for a total value of $1,405,449.00. Following the completion of the transaction, the chief executive officer now directly owns 311,325 shares in the company, valued at approximately $17,745,525. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. In other Twilio news, CEO Khozema Shipchandler sold 24,657 shares of the business's stock in a transaction dated Friday, June 7th. The stock was sold at an average price of $57.00, for a total value of $1,405,449.00. Following the completion of the transaction, the chief executive officer now owns 311,325 shares of the company's stock, valued at approximately $17,745,525. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Dana Wagner sold 4,237 shares of the firm's stock in a transaction dated Monday, July 1st. The shares were sold at an average price of $56.28, for a total transaction of $238,458.36. Following the sale, the insider now directly owns 160,137 shares in the company, valued at approximately $9,012,510.36. The disclosure for this sale can be found here. In the last ninety days, insiders sold 71,687 shares of company stock worth $4,082,924. 4.50% of the stock is owned by corporate insiders.

Institutional Trading of Twilio

Several large investors have recently added to or reduced their stakes in the business. Quarry LP increased its position in Twilio by 568.2% in the second quarter. Quarry LP now owns 3,528 shares of the technology company's stock worth $200,000 after buying an additional 3,000 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in shares of Twilio by 2.3% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 34,189 shares of the technology company's stock worth $1,942,000 after purchasing an additional 768 shares during the period. Clearline Capital LP purchased a new position in shares of Twilio during the 2nd quarter valued at $636,000. Murchinson Ltd. boosted its holdings in Twilio by 30.0% in the 2nd quarter. Murchinson Ltd. now owns 65,000 shares of the technology company's stock worth $3,693,000 after buying an additional 15,000 shares during the period. Finally, Texas Capital Bank Wealth Management Services Inc lifted its position in shares of Twilio by 150.0% in the second quarter. Texas Capital Bank Wealth Management Services Inc now owns 50,000 shares of the technology company's stock valued at $2,840,000 after acquiring an additional 30,000 shares in the last quarter. 84.27% of the stock is currently owned by institutional investors.

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.