Twilio Inc (NYSE:TWLO) Receives $139.36 Consensus PT from Brokerages

Twilio Inc (NYSE:TWLO) has been given an average recommendation of “Buy” by the twenty-five analysts that are currently covering the firm, MarketBeat.com reports. Three analysts have rated the stock with a hold recommendation, nineteen have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year price target among brokers that have covered the stock in the last year is $139.36.

TWLO has been the topic of several research reports. JMP Securities upped their price objective on shares of Wageworks from $43.00 to $60.00 and gave the company a “market outperform” rating in a report on Wednesday, May 1st. Bank of America reiterated a “buy” rating and set a $105.00 price objective (up previously from $100.00) on shares of Zendesk in a report on Wednesday, May 1st. ValuEngine lowered shares of Zosano Pharma from a “buy” rating to a “hold” rating in a report on Wednesday, May 1st. KeyCorp reiterated a “hold” rating on shares of Clearwater Paper in a report on Wednesday, May 1st. Finally, JPMorgan Chase & Co. dropped their price objective on shares of Whitbread from GBX 5,400 ($70.56) to GBX 5,100 ($66.64) and set an “overweight” rating on the stock in a report on Wednesday, May 1st.

Shares of Twilio stock traded up $3.18 during trading on Friday, hitting $145.77. The company’s stock had a trading volume of 43,609 shares, compared to its average volume of 3,117,295. The company has a debt-to-equity ratio of 0.18, a quick ratio of 5.83 and a current ratio of 5.83. Twilio has a 52 week low of $55.58 and a 52 week high of $151.00. The stock has a market capitalization of $18.29 billion, a PE ratio of -181.08 and a beta of 1.17. The firm’s 50-day moving average is $139.17.

Twilio (NYSE:TWLO) last released its earnings results on Tuesday, April 30th. The technology company reported ($0.39) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.01 by ($0.40). The firm had revenue of $233.00 million during the quarter, compared to analyst estimates of $223.45 million. Twilio had a negative net margin of 17.87% and a negative return on equity of 9.50%. Twilio’s quarterly revenue was up 80.5% on a year-over-year basis. During the same quarter in the previous year, the firm earned ($0.04) EPS. Analysts predict that Twilio will post -1.4 EPS for the current fiscal year.

In other news, CEO Jeff Lawson sold 20,830 shares of the business’s stock in a transaction on Thursday, April 18th. The shares were sold at an average price of $121.35, for a total value of $2,527,720.50. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, General Counsel Karyn Smith sold 24,460 shares of the business’s stock in a transaction on Monday, April 22nd. The stock was sold at an average price of $125.71, for a total transaction of $3,074,866.60. The disclosure for this sale can be found here. Insiders have sold 155,788 shares of company stock valued at $21,095,048 over the last 90 days. 10.85% of the stock is currently owned by company insiders.

Institutional investors and hedge funds have recently made changes to their positions in the company. Winslow Evans & Crocker Inc. grew its position in shares of Twilio by 6,569.8% during the first quarter. Winslow Evans & Crocker Inc. now owns 5,736 shares of the technology company’s stock worth $742,000 after buying an additional 5,650 shares in the last quarter. Intellectus Partners LLC purchased a new position in Twilio in the fourth quarter worth $58,000. Zweig DiMenna Associates LLC raised its position in Twilio by 10.6% in the first quarter. Zweig DiMenna Associates LLC now owns 125,516 shares of the technology company’s stock worth $16,214,000 after acquiring an additional 12,010 shares in the last quarter. Gideon Capital Advisors Inc. acquired a new stake in Twilio in the fourth quarter valued at $329,000. Finally, Cetera Advisor Networks LLC acquired a new stake in Twilio in the first quarter valued at $257,000. 73.03% of the stock is currently owned by institutional investors and hedge funds.

Twilio Company Profile

Twilio Inc provides a cloud communications platform that enables developers to build, scale, and operate communications within software applications in the United States and internationally. The company's programmable communications cloud provides a set of application programming interfaces that enable developers to embed voice, messaging, and video capabilities into their applications.

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Analyst Recommendations for Twilio (NYSE:TWLO)

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