Twilio (NYSE:TWLO) Earns "Market Outperform" Rating from JMP Securities

JMP Securities restated their market outperform rating on shares of Twilio (NYSE:TWLO - Free Report) in a research note released on Friday morning,Benzinga reports. They currently have a $165.00 price objective on the technology company's stock.

Several other equities research analysts also recently commented on the company. Oppenheimer raised their target price on Twilio from $90.00 to $160.00 and gave the company an "outperform" rating in a report on Friday, January 24th. Morgan Stanley boosted their target price on shares of Twilio from $115.00 to $118.00 and gave the stock an "equal weight" rating in a research report on Friday, January 17th. Monness Crespi & Hardt raised their price target on shares of Twilio from $135.00 to $152.00 and gave the company a "buy" rating in a report on Monday, January 27th. Mizuho raised their target price on Twilio from $140.00 to $150.00 and gave the company an "outperform" rating in a research note on Friday, January 24th. Finally, Stifel Nicolaus increased their price target on Twilio from $110.00 to $130.00 and gave the company a "hold" rating in a report on Friday, January 24th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating, sixteen have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $130.91.

Twilio Trading Up 0.2 %

TWLO traded up $0.26 during trading on Friday, hitting $125.43. The company's stock had a trading volume of 7,403,315 shares, compared to its average volume of 3,992,440. The firm's 50 day moving average price is $121.50 and its 200-day moving average price is $91.13. 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 twelve month low of $52.51 and a twelve month high of $151.95. The stock has a market cap of $19.24 billion, a PE ratio of -48.81, a PEG ratio of 3.60 and a beta of 1.43.

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

Insider Activity

In other Twilio news, insider Dana Wagner sold 4,629 shares of the firm's stock in a transaction that occurred on Wednesday, December 4th. The shares were sold at an average price of $110.00, for a total value of $509,190.00. Following the transaction, the insider now directly owns 125,576 shares of the company's stock, valued at approximately $13,813,360. This trade represents a 3.56 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Khozema Shipchandler sold 10,834 shares of the firm's stock in a transaction dated Monday, January 6th. The stock was sold at an average price of $113.58, for a total value of $1,230,525.72. Following the transaction, 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. In the last ninety days, insiders have sold 22,015 shares of company stock worth $2,483,695. Company insiders own 4.50% of the company's stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of TWLO. Creative Planning grew its holdings in shares of Twilio by 15.4% in the 3rd quarter. Creative Planning now owns 32,451 shares of the technology company's stock valued at $2,116,000 after buying an additional 4,322 shares during the period. Probity Advisors Inc. bought a new stake in shares of Twilio in the third quarter worth about $234,000. Raymond James & Associates grew its position in shares of Twilio by 235.4% in the 3rd quarter. Raymond James & Associates now owns 77,386 shares of the technology company's stock valued at $5,047,000 after purchasing an additional 54,310 shares during the period. Allspring Global Investments Holdings LLC increased its stake in Twilio by 50,490.1% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 399,662 shares of the technology company's stock worth $26,066,000 after purchasing an additional 398,872 shares in the last quarter. Finally, International Assets Investment Management LLC raised its holdings in Twilio by 9,679.5% during the 3rd quarter. International Assets Investment Management LLC now owns 89,091 shares of the technology company's stock worth $5,811,000 after buying an additional 88,180 shares during the period. 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.