Twilio Inc. (NYSE:TWLO) Receives $135.35 Consensus Price Target from Analysts

Twilio Inc. (NYSE:TWLO - Get Free Report) has earned a consensus rating of "Moderate Buy" from the twenty-five ratings firms that are presently covering the company, MarketBeat reports. One analyst has rated the stock with a sell rating, seven have issued a hold rating, sixteen have assigned a buy rating and one has issued a strong buy rating on the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is $134.26.

A number of equities analysts have commented on TWLO shares. Scotiabank lifted their price objective on shares of Twilio from $90.00 to $160.00 and gave the stock a "sector outperform" rating in a report on Friday, January 24th. Barclays raised their price target on Twilio from $120.00 to $140.00 and gave the stock an "equal weight" rating in a report on Friday, February 14th. JMP Securities reiterated a "market outperform" rating and issued a $165.00 target price on shares of Twilio in a research note on Friday, February 14th. UBS Group increased their price objective on shares of Twilio from $145.00 to $175.00 and gave the stock a "buy" rating in a report on Friday, February 14th. Finally, Robert W. Baird upgraded shares of Twilio from a "neutral" rating to an "outperform" rating and raised their price target for the company from $115.00 to $160.00 in a research note on Friday, January 24th.

Insider Transactions at Twilio

In other news, CEO Khozema Shipchandler sold 12,056 shares of the company'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 sale, the chief executive officer now directly owns 295,134 shares in the company, valued at approximately $28,297,447.92. This represents a 3.92 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, CFO Aidan Viggiano sold 2,500 shares of the company's stock in a transaction on Friday, February 21st. The shares were sold at an average price of $117.45, for a total value of $293,625.00. Following the completion of the sale, the chief financial officer now owns 184,164 shares in the company, valued at $21,630,061.80. This trade represents a 1.34 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 23,471 shares of company stock worth $2,344,149. 4.50% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Twilio

A number of hedge funds have recently made changes to their positions in TWLO. Polianta Ltd bought a new stake in shares of Twilio during the first quarter worth $1,057,000. Noble Wealth Management PBC acquired a new position in Twilio in the first quarter valued at approximately $157,000. CX Institutional acquired a new stake in Twilio during the 1st quarter worth $39,000. Assenagon Asset Management S.A. raised its position in shares of Twilio by 1,418.7% during the 1st quarter. Assenagon Asset Management S.A. now owns 201,477 shares of the technology company's stock valued at $19,727,000 after acquiring an additional 188,211 shares during the last quarter. Finally, MV Capital Management Inc. lifted its stake in shares of Twilio by 235.0% in the 1st quarter. MV Capital Management Inc. now owns 727 shares of the technology company's stock valued at $71,000 after purchasing an additional 510 shares during the period. Institutional investors and hedge funds own 84.27% of the company's stock.

Twilio Stock Down 1.7 %

NYSE:TWLO traded down $1.53 during trading hours on Friday, hitting $86.79. The stock had a trading volume of 178,471 shares, compared to its average volume of 2,628,995. The business has a 50 day simple moving average of $107.45 and a two-hundred day simple moving average of $103.06. The company has a current ratio of 5.06, a quick ratio of 5.06 and a debt-to-equity ratio of 0.12. The company has a market cap of $13.25 billion, a PE ratio of -135.55, a price-to-earnings-growth ratio of 4.30 and a beta of 1.50. Twilio has a 1-year low of $52.51 and a 1-year high of $151.95.

Twilio (NYSE:TWLO - Get Free Report) last released its earnings results 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 company had revenue of $1.19 billion during the quarter, compared to the consensus estimate of $1.19 billion. Twilio had a positive return on equity of 1.38% and a negative net margin of 2.45%. Analysts predict that Twilio will post 1.44 EPS for the current year.

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.