29 May, 2017
After $-0.14 actual EPS reported by Twilio Inc for the previous quarter, Wall Street now forecasts 7.14% negative EPS growth. For TWLO, the company now has $118.44 Million of cash on the books. Twilio is recognized as a pioneer in the cloud communications platform market with a following of over 1 million developers across 36,606 active customer accounts in 4Q:16. The company had revenue of $87.37 million during the quarter, compared to the consensus estimate of $83.57 million.
A number of other equities research analysts also recently issued reports on the stock. The firm earned "Mkt Outperform" rating on Wednesday, February 1 by JMP Securities. Mitsubishi UFJ Financial Group reissued a neutral rating and set a $32.50 price objective (up previously from $30.00) on shares of Twilio in a report on Thursday, February 9th.
Twilio, Inc. (TWLO) has a market capitalization of 2.26 Billion which suggests the company is a huge company further suggesting that the shares of Twilio, Inc.
Among 9 analysts covering Twilio (NYSE:TWLO), 6 have Buy rating, 0 Sell and 3 Hold. Drexel Hamilton maintained the shares of TWLO in report on Friday, May 26 with "Buy" rating. The rating was upgraded by Canaccord Genuity to "Buy" on Tuesday, January 10. The stock presently has an average rating of "Buy" and an average target price of $35.42.
The stock decreased 0.04% or $0.01 on May 26, reaching $24.99. The stock had a trading volume of 2,183,533 shares. Twilio has a 52-week low of $22.80 and a 52-week high of $70.96. Twilio Inc. (TWLO) now trades with a market capitalization of $2.19 Billion. The share price has moved backward from its 20 days moving average, trading at a distance of -4.94% and stays -11.95% away from its 50 days moving average. Also, Director James Mcgeever acquired 10,000 shares of the company's stock in a transaction dated Thursday, May 11th. The stock was sold at an average price of $30.96, for a total value of $394,956.72. Following the completion of the transaction, the chief financial officer now owns 17,292 shares in the company, valued at $535,360.32. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.
In other news, CFO Lee Kirkpatrick sold 12,757 shares of the firm's stock in a transaction that occurred on Thursday, March 16th. The disclosure for this purchase can be found here. Investors purchased 1,106 put options on the company. Moreover, Ranger Investment Management L.P. has 2.92% invested in the company for 567,205 shares.
Many analysts have provided their estimated foresights on Twilio, Inc. The technology company reported ($0.14) EPS for the quarter, hitting analysts' consensus estimates of ($0.14). Finally, Telemark Asset Management LLC raised its position in Twilio by 900.0% in the fourth quarter.
Twilio Inc. (TWLO) is an interesting player in the Technology space, with a focus on Application Software. The Company's platform consists of Programmable Communications Cloud, Super Network and Business Model for Innovators. The Company's Programmable Communications Cloud software enables developers to embed voice, messaging, video and authentication capabilities into their applications through its Application Programming Interfaces.
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