Twilio Inc. (NYSE:TWLO) Receives $124.41 Average Target Price from Analysts

Twilio Inc. (NYSE:TWLO - Get Free Report) has earned an average recommendation of "Moderate Buy" from the twenty-four brokerages that are currently covering the company, Marketbeat reports. One research analyst has rated the stock with a sell rating, seven have issued a hold rating, fifteen have issued a buy rating and one has issued a strong buy rating on the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is $124.41.

A number of research analysts have recently issued reports on the company. Tigress Financial reissued a "buy" rating and issued a $170.00 price objective on shares of Twilio in a research note on Thursday, May 8th. The Goldman Sachs Group increased their price target on Twilio from $130.00 to $145.00 and gave the stock a "buy" rating in a report on Friday, May 2nd. Mizuho lowered their price objective on shares of Twilio from $165.00 to $125.00 and set an "outperform" rating for the company in a research note on Tuesday, April 15th. UBS Group dropped their target price on shares of Twilio from $175.00 to $150.00 and set a "buy" rating on the stock in a research report on Friday, May 2nd. Finally, Stifel Nicolaus raised their price target on shares of Twilio from $130.00 to $135.00 and gave the stock a "hold" rating in a report on Friday, February 14th.

Twilio Trading Up 2.0%

NYSE TWLO traded up $2.39 on Friday, reaching $119.87. The company had a trading volume of 1,927,083 shares, compared to its average volume of 2,683,082. The firm has a market cap of $18.30 billion, a price-to-earnings ratio of -187.30, a P/E/G ratio of 4.30 and a beta of 1.44. 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 fifty-two week low of $52.51 and a fifty-two week high of $151.95. The business has a 50 day moving average of $100.72 and a two-hundred day moving average of $109.91.

Twilio (NYSE:TWLO - Get Free Report) last released its earnings results on Thursday, May 1st. The technology company reported $1.14 earnings per share for the quarter, beating analysts' consensus estimates of $0.92 by $0.22. The business had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.14 billion. Twilio had a negative net margin of 2.45% and a positive return on equity of 1.38%. The company's revenue for the quarter was up 12.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.80 EPS. Analysts forecast that Twilio will post 1.44 EPS for the current year.

Insider Activity

In other Twilio news, CFO Aidan Viggiano sold 7,524 shares of Twilio stock in a transaction that occurred on Monday, March 31st. The shares were sold at an average price of $95.88, for a total transaction of $721,401.12. Following the transaction, the chief financial officer now owns 176,640 shares of the company's stock, valued at $16,936,243.20. This trade represents a 4.09% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Khozema Shipchandler sold 12,056 shares of the business's stock in a transaction that occurred on Monday, March 31st. The stock was sold at an average price of $95.88, for a total value of $1,155,929.28. Following the completion of the transaction, the chief executive officer now owns 295,134 shares in the company, valued at $28,297,447.92. The trade was a 3.92% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 48,884 shares of company stock worth $4,719,065 over the last quarter. Insiders own 0.21% of the company's stock.

Institutional Investors Weigh In On Twilio

Large investors have recently made changes to their positions in the business. Bleakley Financial Group LLC bought a new position in Twilio during the fourth quarter valued at about $230,000. Aigen Investment Management LP boosted its stake in Twilio by 81.6% in the fourth quarter. Aigen Investment Management LP now owns 11,546 shares of the technology company's stock valued at $1,248,000 after acquiring an additional 5,188 shares during the last quarter. Highland Capital Management LLC purchased a new position in Twilio in the fourth quarter valued at about $912,000. Moloney Securities Asset Management LLC purchased a new stake in shares of Twilio during the 4th quarter worth approximately $860,000. Finally, Oppenheimer & Co. Inc. increased its stake in shares of Twilio by 145.7% during the 4th quarter. Oppenheimer & Co. Inc. now owns 11,603 shares of the technology company's stock worth $1,254,000 after purchasing an additional 6,881 shares during the last quarter. 84.27% of the stock is owned by hedge funds and other institutional investors.

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.