Twilio Inc. (NYSE:TWLO) Given Consensus Recommendation of "Moderate Buy" by Analysts

Shares of Twilio Inc. (NYSE:TWLO - Get Free Report) have received a consensus recommendation of "Moderate Buy" from the twenty-five research firms that are presently covering the stock, MarketBeat reports. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating, fifteen have assigned a buy rating and one has given a strong buy rating to the company. The average 1 year price target among brokers that have covered the stock in the last year is $130.91.

A number of equities analysts have commented on TWLO shares. Mizuho upped their target price on shares of Twilio from $140.00 to $150.00 and gave the stock an "outperform" rating in a research note on Friday, January 24th. William Blair restated an "outperform" rating on shares of Twilio in a research note on Friday, February 14th. Monness Crespi & Hardt upped 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. Jefferies Financial Group increased their price objective on shares of Twilio from $105.00 to $145.00 and gave the company a "hold" rating in a research note on Friday, February 14th. Finally, Scotiabank increased their price objective on shares of Twilio from $90.00 to $160.00 and gave the company a "sector outperform" rating in a research note on Friday, January 24th.

Twilio Trading Down 4.1 %

NYSE:TWLO traded down $4.82 during mid-day trading on Thursday, hitting $113.18. 1,762,558 shares of the stock traded hands, compared to its average volume of 3,946,004. The stock has a market capitalization of $17.36 billion, a price-to-earnings ratio of -176.82, a PEG ratio of 4.54 and a beta of 1.43. Twilio has a 52 week low of $52.51 and a 52 week high of $151.95. The firm's 50 day moving average is $122.06 and its two-hundred day moving average is $91.96. The company has a quick ratio of 5.06, a current ratio of 5.06 and a debt-to-equity ratio of 0.12.

Twilio (NYSE:TWLO - Get Free Report) last issued its 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 company had revenue of $1.19 billion during the quarter, compared to the consensus estimate of $1.19 billion. Twilio had a positive return on equity of 1.38% and a negative net margin of 2.45%. On average, equities research analysts predict that Twilio will post 1.4 earnings per share for the current year.

Insiders Place Their Bets

In other Twilio news, CEO Khozema Shipchandler sold 10,834 shares of the firm'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 transaction, the chief executive officer now owns 244,971 shares of the company's stock, valued at approximately $27,823,806.18. This trade represents a 4.24 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO Aidan Viggiano sold 1,391 shares of the firm's stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of $124.51, for a total transaction of $173,193.41. Following the completion of the transaction, the chief financial officer now directly owns 152,519 shares of the company's stock, valued at approximately $18,990,140.69. This represents a 0.90 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 23,406 shares of company stock valued at $2,656,889. Insiders own 4.50% of the company's stock.

Institutional Trading of Twilio

A number of hedge funds and other institutional investors have recently made changes to their positions in TWLO. Creative Planning increased its stake in shares of Twilio by 15.4% in the third quarter. Creative Planning now owns 32,451 shares of the technology company's stock worth $2,116,000 after acquiring an additional 4,322 shares during the period. Raymond James & Associates increased its stake in shares of Twilio by 235.4% in the third quarter. Raymond James & Associates now owns 77,386 shares of the technology company's stock worth $5,047,000 after acquiring an additional 54,310 shares during the period. Allspring Global Investments Holdings LLC increased its stake in shares of Twilio by 50,490.1% in the third quarter. Allspring Global Investments Holdings LLC now owns 399,662 shares of the technology company's stock worth $26,066,000 after acquiring an additional 398,872 shares during the period. International Assets Investment Management LLC increased its stake in shares of Twilio by 9,679.5% in the third quarter. International Assets Investment Management LLC now owns 89,091 shares of the technology company's stock worth $5,811,000 after acquiring an additional 88,180 shares during the period. Finally, Mediolanum International Funds Ltd acquired a new stake in shares of Twilio in the third quarter worth $2,183,000. Institutional investors and hedge funds own 84.27% of the company's stock.

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.