Twilio Inc. (NYSE:TWLO) Receives Average Rating of “Moderate Buy” from Analysts

Twilio Inc. (NYSE:TWLO) has received a consensus rating of “Moderate Buy” from the twenty-five research firms that are currently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, seven have issued a hold recommendation, sixteen have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is $134.26.

A number of equities analysts have commented on the stock. Baird R W raised shares of Twilio from a “hold” rating to a “strong-buy” rating in a report on Friday, January 24th. Piper Sandler reiterated an “overweight” rating and issued a $142.00 target price (up from $94.00) on shares of Twilio in a research note on Friday, January 24th. Robert W. Baird upgraded Twilio from a “neutral” rating to an “outperform” rating and raised their target price for the company from $115.00 to $160.00 in a research note on Friday, January 24th. Mizuho raised their target price on Twilio from $140.00 to $150.00 and gave the company an “outperform” rating in a research note on Friday, January 24th. Finally, Needham & Company LLC raised their target price on Twilio from $91.00 to $165.00 and gave the company a “buy” rating in a research note on Tuesday, January 28th.

Twilio Stock Performance

Twilio stock opened at $119.35 on Thursday. The company has a market cap of $18.31 billion, a PE ratio of -186.48, a P/E/G ratio of 4.30 and a beta of 1.42. The company has a fifty day moving average price of $122.61 and a two-hundred day moving average price of $93.78. 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 12 month low of $52.51 and a 12 month high of $151.95.

Twilio (NYSE:TWLO) last released its quarterly earnings data on Thursday, February 13th. The technology company reported $0.22 EPS for the quarter, missing analysts’ consensus estimates of $0.99 by ($0.77). The business had revenue of $1.19 billion during the quarter, compared to analyst estimates of $1.19 billion. Twilio had a positive return on equity of 1.38% and a negative net margin of 2.45%. Research analysts expect that Twilio will post 1.44 earnings per share for the current year.

Insider Buying and Selling

In related news, insider Dana Wagner sold 4,629 shares of Twilio stock in a transaction dated Wednesday, December 4th. The stock was sold at an average price of $110.00, for a total value of $509,190.00. Following the transaction, the insider now owns 125,576 shares of the company’s stock, valued at approximately $13,813,360. This trade represents a 3.56 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Aidan Viggiano sold 6,552 shares of Twilio stock in a transaction dated Monday, January 6th. The shares were sold at an average price of $113.55, for a total value of $743,979.60. Following the transaction, the chief financial officer now directly owns 153,910 shares in the company, valued at approximately $17,476,480.50. This trade represents a 4.08 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 25,906 shares of company stock valued at $2,950,514. 4.50% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Twilio

Several institutional investors and hedge funds have recently bought and sold shares of TWLO. Creative Planning grew its stake in Twilio by 15.4% during the 3rd quarter. Creative Planning now owns 32,451 shares of the technology company’s stock valued at $2,116,000 after acquiring an additional 4,322 shares in the last quarter. Raymond James & Associates grew its stake in shares of Twilio by 235.4% in the 3rd quarter. Raymond James & Associates now owns 77,386 shares of the technology company’s stock valued at $5,047,000 after buying an additional 54,310 shares in the last quarter. Allspring Global Investments Holdings LLC grew its stake in shares of Twilio by 50,490.1% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 399,662 shares of the technology company’s stock valued at $26,066,000 after buying an additional 398,872 shares in the last quarter. International Assets Investment Management LLC grew its stake in shares of Twilio by 9,679.5% in the 3rd quarter. International Assets Investment Management LLC now owns 89,091 shares of the technology company’s stock valued at $5,811,000 after buying an additional 88,180 shares in the last quarter. Finally, Mediolanum International Funds Ltd bought a new stake in shares of Twilio in the 3rd quarter valued at approximately $2,183,000. Hedge funds and other institutional investors own 84.27% of the company’s stock.

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.