Twilio Inc. (NYSE:TWLO) Given Average Recommendation of "Moderate Buy" by Brokerages

Twilio Inc. (NYSE:TWLO - Get Free Report) has received a consensus rating of "Moderate Buy" from the twenty-five brokerages that are covering the company, Marketbeat reports. One analyst has rated the stock with a sell recommendation, seven have issued a hold recommendation, sixteen have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is $135.35.

TWLO has been the subject of a number of research analyst reports. Monness Crespi & Hardt increased their price target on Twilio from $135.00 to $152.00 and gave the company a "buy" rating in a research note on Monday, January 27th. The Goldman Sachs Group upgraded Twilio from a "neutral" rating to a "buy" rating and raised their price objective for the stock from $77.00 to $185.00 in a research note on Monday, January 27th. Mizuho raised their price objective on Twilio from $140.00 to $150.00 and gave the stock an "outperform" rating in a research note on Friday, January 24th. Baird R W raised Twilio from a "hold" rating to a "strong-buy" rating in a report on Friday, January 24th. Finally, Tigress Financial raised their target price on Twilio from $135.00 to $170.00 and gave the stock a "buy" rating in a report on Tuesday, February 25th.

Twilio Trading Down 1.2 %

Twilio stock traded down $1.26 during mid-day trading on Monday, hitting $101.74. The company's stock had a trading volume of 1,449,850 shares, compared to its average volume of 2,625,682. The company has a 50 day moving average of $121.60 and a 200-day moving average of $98.56. The stock has a market cap of $15.53 billion, a PE ratio of -158.97, a P/E/G ratio of 4.30 and a beta of 1.47. The company has a debt-to-equity ratio of 0.12, a quick ratio of 5.06 and a current ratio of 5.06. Twilio has a one year low of $52.51 and a one year high of $151.95.

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Twilio (NYSE:TWLO - Get Free Report) last posted its quarterly earnings results on Thursday, February 13th. The technology company reported $0.22 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.99 by ($0.77). Twilio had a positive return on equity of 1.38% and a negative net margin of 2.45%. The firm had revenue of $1.19 billion for the quarter, compared to the consensus estimate of $1.19 billion. On average, research analysts anticipate that Twilio will post 1.44 EPS for the current year.

Insider Buying and Selling at Twilio

In other Twilio news, CFO Aidan Viggiano sold 2,500 shares of Twilio stock in a transaction on Friday, February 21st. The stock was sold at an average price of $117.45, for a total value of $293,625.00. Following the sale, the chief financial officer now owns 184,164 shares in the company, valued at $21,630,061.80. The trade was a 1.34 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, 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 in the company, valued at $27,823,806.18. This 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 quarter. 4.50% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Twilio

Several institutional investors and hedge funds have recently modified their holdings of TWLO. True Wealth Design LLC grew 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 in the last quarter. JFS Wealth Advisors LLC grew 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 in the last quarter. Parkside Financial Bank & Trust grew 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 in the last quarter. Centricity Wealth Management LLC acquired a new position in Twilio during the 4th quarter worth $44,000. Finally, Brooklyn Investment Group acquired a new position in shares of Twilio during the 3rd quarter worth about $46,000. Hedge funds and other institutional investors 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.