Twilio (TWLO) Projected to Post Earnings on Thursday

Twilio (NYSE:TWLO) is expected to release its earnings data after the market closes on Thursday, February 13th. Analysts expect Twilio to post earnings of $0.99 per share and revenue of $1.18 billion for the quarter. Individual that are interested in participating in the company’s earnings conference call can do so using this link.

Twilio Stock Performance

NYSE TWLO opened at $144.37 on Tuesday. The firm’s fifty day moving average price is $118.03 and its two-hundred day moving average price is $87.75. Twilio has a 1 year low of $52.51 and a 1 year high of $151.95. The firm has a market capitalization of $22.14 billion, a P/E ratio of -56.17, a price-to-earnings-growth ratio of 3.60 and a beta of 1.43. The company has a current ratio of 5.06, a quick ratio of 5.06 and a debt-to-equity ratio of 0.12.

Insider Transactions at Twilio

In related news, CEO Khozema Shipchandler sold 10,834 shares of the company’s stock in a transaction dated Monday, January 6th. The stock was sold at an average price of $113.58, for a total transaction of $1,230,525.72. Following the sale, the chief executive officer now owns 244,971 shares in the company, valued at $27,823,806.18. This represents a 4.24 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Dana Wagner sold 4,629 shares of the firm’s stock in a transaction that occurred on Wednesday, December 4th. The stock was sold at an average price of $110.00, for a total transaction of $509,190.00. Following the sale, the insider now directly 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 disclosure for this sale can be found here. Insiders sold 22,015 shares of company stock worth $2,483,695 over the last ninety days. 4.50% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the stock. Needham & Company LLC upped their price target on shares of Twilio from $91.00 to $165.00 and gave the company a “buy” rating in a research note on Tuesday, January 28th. Robert W. Baird raised shares of Twilio from a “neutral” rating to an “outperform” rating and boosted their target price for the company from $115.00 to $160.00 in a research report on Friday, January 24th. Stifel Nicolaus upped their price target on shares of Twilio from $110.00 to $130.00 and gave the company a “hold” rating in a research note on Friday, January 24th. Baird R W upgraded shares of Twilio from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 24th. Finally, Morgan Stanley increased their target price on shares of Twilio from $115.00 to $118.00 and gave the stock an “equal weight” rating in a research report on Friday, January 17th. Two analysts have rated the stock with a sell rating, eight have issued a hold rating, sixteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $119.25.

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.