Twilio (TWLO) Projected to Post Quarterly Earnings on Thursday

Twilio (NYSE:TWLO - Get Free Report) is projected to post its quarterly earnings results after the market closes on Thursday, February 13th. Analysts expect Twilio to post earnings of $0.99 per share and revenue of $1.18 billion for the quarter. Individual interested in participating in the company's earnings conference call can do so using this link.

Twilio Stock Down 1.3 %

NYSE TWLO traded down $1.84 on Friday, reaching $145.59. The company had a trading volume of 2,245,427 shares, compared to its average volume of 3,818,227. The company has a quick ratio of 5.06, a current ratio of 5.06 and a debt-to-equity ratio of 0.12. The stock has a market capitalization of $22.33 billion, a P/E ratio of -56.65, a P/E/G ratio of 3.60 and a beta of 1.43. The company's fifty day moving average is $118.03 and its 200 day moving average is $87.53. Twilio has a 52-week low of $52.51 and a 52-week high of $151.95.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on TWLO shares. Baird R W upgraded shares of Twilio from a "hold" rating to a "strong-buy" rating in a report on Friday, January 24th. JPMorgan Chase & Co. upped their price objective on Twilio from $83.00 to $130.00 and gave the company an "overweight" rating in a research note on Friday, January 24th. Piper Sandler reaffirmed an "overweight" rating and set a $142.00 target price (up from $94.00) on shares of Twilio in a research report on Friday, January 24th. Tigress Financial boosted their price target on shares of Twilio from $85.00 to $135.00 and gave the stock a "buy" rating in a report on Wednesday, November 27th. Finally, Oppenheimer raised their price objective on shares of Twilio from $90.00 to $160.00 and gave the stock an "outperform" rating in a report on Friday, January 24th. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating, sixteen have given a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $119.25.

Insider Activity

In other news, CEO Khozema Shipchandler sold 10,834 shares of Twilio stock in a transaction dated Monday, January 6th. The stock was sold at an average price of $113.58, for a total transaction 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 approximately $27,823,806.18. This trade represents a 4.24 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Dana Wagner sold 4,629 shares of the company's stock in a transaction that occurred 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 transaction, the insider now owns 125,576 shares in the company, valued at approximately $13,813,360. This trade represents a 3.56 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 22,015 shares of company stock worth $2,483,695. 4.50% of the stock is owned by company insiders.

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.