Twilio Inc. (NYSE:TWLO) Receives Average Recommendation of "Moderate Buy" from Brokerages

Twilio Inc. (NYSE:TWLO - Get Free Report) has been assigned an average recommendation of "Moderate Buy" from the twenty-six analysts that are currently covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, eight have assigned a hold recommendation, sixteen have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is $120.21.

Several equities research analysts recently issued reports on the stock. Wells Fargo & Company cut their target price on shares of Twilio from $160.00 to $120.00 and set an "overweight" rating for the company in a research note on Tuesday, April 22nd. The Goldman Sachs Group raised their price objective on Twilio from $130.00 to $145.00 and gave the company a "buy" rating in a research report on Friday. Mizuho dropped their price target on Twilio from $165.00 to $125.00 and set an "outperform" rating on the stock in a research note on Tuesday, April 15th. Morgan Stanley cut their price target on Twilio from $160.00 to $111.00 and set an "overweight" rating for the company in a report on Wednesday, April 16th. Finally, HSBC upgraded shares of Twilio from a "reduce" rating to a "hold" rating and upped their price objective for the company from $77.00 to $99.00 in a report on Monday.

Insiders Place Their Bets

In other Twilio news, CFO Aidan Viggiano sold 7,524 shares of the company's stock in a transaction that occurred on Monday, March 31st. The shares were sold at an average price of $95.88, for a total value of $721,401.12. Following the completion of the transaction, the chief financial officer now directly owns 176,640 shares in the company, valued at approximately $16,936,243.20. This represents a 4.09 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Khozema Shipchandler sold 12,056 shares of Twilio stock in a transaction on Monday, March 31st. The stock was sold at an average price of $95.88, for a total transaction of $1,155,929.28. Following the transaction, the chief executive officer now owns 295,134 shares in the company, valued at approximately $28,297,447.92. This trade represents a 3.92 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 23,471 shares of company stock valued at $2,344,149. 4.50% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. LRI Investments LLC acquired a new stake in shares of Twilio in the first quarter valued at about $25,000. Financial Gravity Asset Management Inc. acquired a new stake in Twilio during the 1st quarter valued at approximately $28,000. Cloud Capital Management LLC acquired a new stake in Twilio during the 1st quarter valued at approximately $34,000. UMB Bank n.a. acquired a new position in shares of Twilio in the 1st quarter worth approximately $37,000. Finally, CX Institutional acquired a new position in shares of Twilio in the 1st quarter worth approximately $39,000. 84.27% of the stock is owned by institutional investors.

Twilio Stock Performance

Shares of NYSE TWLO opened at $103.09 on Tuesday. The company has a debt-to-equity ratio of 0.12, a quick ratio of 5.06 and a current ratio of 5.06. The stock has a 50 day moving average price of $97.04 and a 200 day moving average price of $105.59. The stock has a market capitalization of $15.74 billion, a PE ratio of -161.08, a price-to-earnings-growth ratio of 4.30 and a beta of 1.44. Twilio has a 52 week low of $52.51 and a 52 week high of $151.95.

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 the consensus estimate of $0.92 by $0.22. Twilio had a negative net margin of 2.45% and a positive return on equity of 1.38%. The business had revenue of $1.17 billion during the quarter, compared to analysts' expectations of $1.14 billion. During the same period last year, the business earned $0.80 earnings per share. The firm's revenue was up 12.0% on a year-over-year basis. Analysts predict that Twilio will post 1.44 earnings per share for the current fiscal year.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.