Twilio Inc. (NYSE:TWLO) Given Consensus Rating of “Buy” by Brokerages

Twilio Inc. (NYSE:TWLO) has earned a consensus recommendation of “Buy” from the twenty-six research firms that are covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, two have given a hold rating, nineteen have assigned a buy rating and four have assigned a strong buy rating to the company. The average 1-year target price among brokers that have covered the stock in the last year is $220.5909.

TWLO has been the topic of a number of analyst reports. Mizuho increased their price target on Twilio from $200.00 to $240.00 and gave the stock an “outperform” rating in a research report on Friday, July 17th. Wells Fargo & Company lifted their price objective on Twilio from $200.00 to $225.00 and gave the company an “overweight” rating in a report on Monday, July 20th. KGI Securities initiated coverage on Twilio in a research report on Thursday, July 2nd. They set an “outperform” rating and a $250.00 target price for the company. Citigroup reissued an “outperform” rating on shares of Twilio in a report on Monday, July 20th. Finally, Zacks Research upgraded Twilio from a “hold” rating to a “strong-buy” rating in a research report on Monday, July 13th.

Twilio Stock Performance

Shares of NYSE:TWLO opened at $188.03 on Thursday. Twilio has a 12-month low of $91.84 and a 12-month high of $238.48. The company’s 50 day moving average price is $201.76 and its two-hundred day moving average price is $158.18. The firm has a market cap of $28.54 billion, a PE ratio of 293.81, a PEG ratio of 3.87 and a beta of 1.36. The company has a quick ratio of 4.66, a current ratio of 4.66 and a debt-to-equity ratio of 0.13.

Twilio (NYSE:TWLO) last released its quarterly earnings results on Thursday, April 30th. The technology company reported $1.50 earnings per share for the quarter, beating analysts’ consensus estimates of $1.27 by $0.23. The company had revenue of $1.41 billion during the quarter, compared to the consensus estimate of $1.34 billion. Twilio had a net margin of 1.96% and a return on equity of 4.64%. The firm’s quarterly revenue was up 20.0% on a year-over-year basis. During the same period in the previous year, the business earned $1.14 earnings per share. Equities research analysts predict that Twilio will post 2.79 earnings per share for the current year.

Insider Activity

In other Twilio news, Director Erika Rottenberg sold 2,000 shares of the firm’s stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $199.01, for a total value of $398,020.00. Following the transaction, the director directly owned 30,995 shares of the company’s stock, valued at $6,168,314.95. This trade represents a 6.06% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Khozema Shipchandler sold 14,458 shares of the business’s stock in a transaction that occurred on Monday, July 6th. The shares were sold at an average price of $210.43, for a total transaction of $3,042,396.94. Following the completion of the transaction, the chief executive officer owned 207,203 shares of the company’s stock, valued at $43,601,727.29. The trade was a 6.52% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 1,803,980 shares of company stock worth $341,898,467. 0.21% of the stock is owned by company insiders.

Institutional Trading of Twilio

Large investors have recently made changes to their positions in the company. Brighton Jones LLC lifted its stake in Twilio by 6.6% during the fourth quarter. Brighton Jones LLC now owns 10,051 shares of the technology company’s stock worth $1,086,000 after purchasing an additional 623 shares during the last quarter. Sivia Capital Partners LLC bought a new position in shares of Twilio in the 2nd quarter valued at $251,000. Daiwa Securities Group Inc. increased its stake in shares of Twilio by 70.6% in the 2nd quarter. Daiwa Securities Group Inc. now owns 24,653 shares of the technology company’s stock valued at $3,066,000 after purchasing an additional 10,200 shares during the last quarter. NewEdge Advisors LLC raised its holdings in shares of Twilio by 46.9% during the 2nd quarter. NewEdge Advisors LLC now owns 5,770 shares of the technology company’s stock worth $718,000 after buying an additional 1,841 shares in the last quarter. Finally, Sei Investments Co. raised its holdings in shares of Twilio by 55.1% during the 2nd quarter. Sei Investments Co. now owns 90,128 shares of the technology company’s stock worth $11,208,000 after buying an additional 32,027 shares in the last quarter. Institutional investors and hedge funds own 84.27% of the company’s stock.

About Twilio

Twilio Inc (NYSE: TWLO) is a cloud communications platform-as-a-service (CPaaS) company that enables developers and enterprises to embed communications into web and mobile applications. Its core offering is a suite of programmable APIs that handle messaging (SMS, MMS, and chat), voice calling, video, and user authentication. Twilio’s platform is designed to help businesses build customer engagement and communication workflows without managing telecommunications infrastructure directly.

The company’s product portfolio includes programmable voice and messaging APIs, Twilio Video for real‑time video applications, and Twilio Authy for multi‑factor authentication.