Twilio Inc. (NYSE:TWLO) is now being followed by Stephens, as they initiated the stock at Equal-Weight on January 04. Analysts at Monness Crespi & Hardt, maintained the company shares at Buy on November 07 but switched target price from $108 to $117. Brokerage firm BofA/Merrill, looks cautious as they stick to prior recommendation of Buy, in a call on November 07. However, they did change the target price from $87 to $92.
Twilio Inc. (TWLO) hit an intraday high Friday at $101.7. The shares finished at $96.83, after trading as low as $95.6384 earlier in the session. It rose 0.65% in recent trade and currently has a stock-market value of $9.62B. Trading activity significantly improved as the volume at ready counter increased to 6,435,628 shares versus 4,653,195 in average daily trading volume over the past 20 days. So far this year, the volume has averaged about 4,701,987 shares. The stock is now 316.47% above against its bear-market low of $23.25 on February 09, 2018. It has retreated -5.03% since it’s 52-week high of $101.7 reached in January. Now the market price is up 277.65% on the year and up 8.43% YTD.
TWLO’s 50 day simple moving average (SMA 50) price is $86.66 and its 200-day simple moving average (SMA 200) price is $68.55. The company’s stock currently has a total float of 79.19M shares. Its weekly volatility is hovering around 6.48% and felt 7.2% volatility in price over a month. On the upside, the share price will test short term resistance at around $100.47. On a downside, the stock is likely to find some support, which begins at $94.41. The failure to get near-term support could push it to $92.
Separately, it has been reported that multiple insider activity took place at Twilio Inc. (TWLO). COO Hu George sold 7,800 shares for $179,879 in transaction occurred on 2019/01/03. After making this transaction, the COO owns a direct stake of 666,042 shares, worth $17,417,684, as per the last closing price. On 2018/12/31 Hu George, COO at TWLO, dumped 10,000 shares at an average price of $87.27 per share. The selling total is valued at $17,417,684.
CEO, 10% Owner, Lawson Jeff had divested 20,830 shares for $220,356 through a trade on 2018/12/18. Following this activity, the insider holds 1,797,837 shares worth $21,337,071 as of recent close. Wall Street’s most bullish Twilio Inc. (NYSE:TWLO) analysts are predicting the share price to blow past $117 per share during the next 12 months. The current median share price forecast by them is $97, suggesting that the stock could increase 0.18% in that time frame. The average price target of $97.56 calls for a nearly 0.75% increase in the stock price.
Moreover, it trades for 605.19 times the next 12 months of expected earnings. Also, it is trading at rather expensive levels at just over 21.86x price/book and 17.15x price/sales. Compared to others, Twilio Inc. is in a different league with regards to profitability, having net margins of -16.7%. To put some perspective around this, the industry’s average net margin is 11.72%. TWLO’s ROE is -23.6%, which is also considerably worse than the industry’s ROE of 15.46%. It’s also very liquid in the near term, with a current ratio of 6.8. The stock has a debt/capital of 0.99.
Shares of Twilio Inc. (TWLO) have gained 36.3% since the company’s Mar-19 earnings report. Over the past 10 fiscal quarters, Twilio Inc. (NYSE:TWLO) has topped consensus earnings estimates in 5 quarters (50%), missed earnings in 3 quarters (30%), whereas at 2 occasion EPS met analyst expectations. TWLO last reported earnings on November 06, 2018 when it released Sep-18 results that exceeded expectations. The company raked in $0.07 per share, -99.96% change on the same period last year. That was better than consensus for $0.02. Revenue for the recent quarter stood at $168.9 million, up 68% on last year and above the $150.32 million predicted by analysts. For this quarter, Wall Street analysts forecast revenue in a range of $161.93 million to $194.5 million, which should be compared with $135.61 million generated last year. EPS is seen in a range of 0 to $0.1, against the -$0.05 reported a year ago.