Twilio (TWLO) Expected to Announce Earnings on Thursday

Twilio (NYSE:TWLO) will likely be issuing its quarterly earnings data after the market closes on Thursday, February 13th. Analysts expect the company to announce earnings of $0.99 per share and revenue of $1.18 billion for the quarter. Parties interested in listening to the company’s conference call can do so using this link.

Twilio Price Performance

TWLO opened at $146.93 on Thursday. The firm has a 50-day moving average price of $115.44 and a 200-day moving average price of $85.88. Twilio has a twelve month low of $52.51 and a twelve month high of $151.95. The company has a quick ratio of 5.06, a current ratio of 5.06 and a debt-to-equity ratio of 0.12. The company has a market capitalization of $22.54 billion, a price-to-earnings ratio of -57.17, a PEG ratio of 3.58 and a beta of 1.42.

Analysts Set New Price Targets

TWLO has been the topic of a number of analyst reports. UBS Group boosted their target price on shares of Twilio from $140.00 to $145.00 and gave the company a “buy” rating in a report on Friday, January 24th. Royal Bank of Canada reissued an “underperform” rating and set a $50.00 price objective on shares of Twilio in a report on Tuesday, January 21st. Mizuho lifted their target price on Twilio from $140.00 to $150.00 and gave the company an “outperform” rating in a report on Friday, January 24th. Needham & Company LLC increased their price target on shares of Twilio from $91.00 to $165.00 and gave the stock a “buy” rating in a report on Tuesday, January 28th. Finally, Oppenheimer boosted their price objective on shares of Twilio from $90.00 to $160.00 and gave the company an “outperform” rating in a research note on Friday, January 24th. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating, sixteen have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $119.25.

Insider Activity

In other Twilio news, insider Dana Wagner sold 4,629 shares of the business’s stock in a transaction dated Wednesday, December 4th. The shares were sold at an average price of $110.00, for a total value of $509,190.00. Following the transaction, the insider now owns 125,576 shares in the company, valued at approximately $13,813,360. The trade was a 3.56 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Khozema Shipchandler sold 10,834 shares of the 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 of the company’s stock, valued at approximately $27,823,806.18. This represents a 4.24 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 22,015 shares of company stock valued at $2,483,695. 4.50% of the stock is currently owned by insiders.

About Twilio

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.