Twilio (NYSE:TWLO) Given Outperform Rating at William Blair

Twilio (NYSE:TWLO)‘s stock had its “outperform” rating reiterated by William Blair in a research note issued on Friday,RTT News reports.

Other equities analysts also recently issued research reports about the company. Royal Bank of Canada reiterated an “underperform” rating and issued a $50.00 price objective on shares of Twilio in a research note on Tuesday, January 21st. Monness Crespi & Hardt lifted their price objective on Twilio from $135.00 to $152.00 and gave the stock a “buy” rating in a report on Monday, January 27th. Baird R W raised shares of Twilio from a “hold” rating to a “strong-buy” rating in a report on Friday, January 24th. Barclays boosted their price target on shares of Twilio from $65.00 to $80.00 and gave the company an “equal weight” rating in a research report on Friday, November 1st. Finally, The Goldman Sachs Group raised shares of Twilio from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $77.00 to $185.00 in a report on Monday, January 27th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating, sixteen have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, Twilio presently has an average rating of “Moderate Buy” and a consensus price target of $130.91.

Twilio Stock Down 14.9 %

TWLO stock opened at $125.41 on Friday. Twilio has a 1-year low of $52.51 and a 1-year high of $151.95. The stock has a market cap of $19.23 billion, a P/E ratio of -48.80, a P/E/G ratio of 3.60 and a beta of 1.43. The stock’s fifty day simple moving average is $121.20 and its two-hundred day simple moving average is $90.21. The company has a current ratio of 5.06, a quick ratio of 5.06 and a debt-to-equity ratio of 0.12.

Twilio (NYSE:TWLO) last posted its quarterly 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 for the quarter, compared to the consensus estimate of $1.19 billion. Twilio had a negative net margin of 10.65% and a positive return on equity of 0.85%. Analysts expect that Twilio will post 0.88 EPS for the current year.

Insider Buying and Selling

In related news, CEO Khozema Shipchandler sold 10,834 shares of the firm’s stock in a transaction on Monday, January 6th. The stock was sold at an average price of $113.58, for a total value of $1,230,525.72. Following the completion of the sale, the chief executive officer now owns 244,971 shares of the company’s stock, valued at $27,823,806.18. This trade represents a 4.24 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Aidan Viggiano sold 6,552 shares of the business’s stock in a transaction on Monday, January 6th. The shares were sold at an average price of $113.55, for a total transaction 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. The trade was a 4.08 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 22,015 shares of company stock valued at $2,483,695 over the last ninety days. 4.50% of the stock is owned by insiders.

Institutional Trading of Twilio

Institutional investors and hedge funds have recently bought and sold shares of the stock. Ritholtz Wealth Management bought a new position in shares of Twilio in the 4th quarter worth approximately $344,000. KBC Group NV raised its holdings in Twilio by 67.4% in the third quarter. KBC Group NV now owns 22,705 shares of the technology company’s stock worth $1,481,000 after purchasing an additional 9,140 shares in the last quarter. Bleakley Financial Group LLC purchased a new position in Twilio during the fourth quarter valued at $230,000. Zacks Investment Management bought a new stake in shares of Twilio during the 3rd quarter valued at $3,386,000. Finally, Wealth Enhancement Advisory Services LLC grew its position in shares of Twilio by 167.1% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 14,612 shares of the technology company’s stock worth $953,000 after buying an additional 9,141 shares during the period. 84.27% of the stock is currently 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.