Twilio (NYSE:TWLO) Price Target Raised to $175.00

Twilio (NYSE:TWLO) had its target price lifted by UBS Group from $145.00 to $175.00 in a research report sent to investors on Friday,Benzinga reports. UBS Group currently has a buy rating on the technology company’s stock.

A number of other research analysts have also commented on TWLO. Baird R W raised Twilio from a “hold” rating to a “strong-buy” rating in a report on Friday, January 24th. Oppenheimer raised their price target on Twilio from $90.00 to $160.00 and gave the company an “outperform” rating in a report on Friday, January 24th. Scotiabank lifted their target price on Twilio from $90.00 to $160.00 and gave the stock a “sector outperform” rating in a report on Friday, January 24th. William Blair reaffirmed an “outperform” rating on shares of Twilio in a report on Friday. Finally, Northland Securities lifted their target price on Twilio from $66.00 to $86.00 and gave the stock a “market perform” rating in a report on Thursday, October 31st. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating, sixteen have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $130.91.

Twilio Price Performance

Shares of TWLO opened at $125.41 on Friday. The firm has a market capitalization of $19.23 billion, a price-to-earnings ratio of -48.80, a price-to-earnings-growth ratio of 3.60 and a beta of 1.43. The company has a debt-to-equity ratio of 0.12, a quick ratio of 5.06 and a current ratio of 5.06. Twilio has a one year low of $52.51 and a one year high of $151.95. The stock’s fifty day moving average is $121.20 and its 200-day moving average is $90.42.

Twilio (NYSE:TWLO) last issued its quarterly earnings results on Thursday, February 13th. The technology company reported $0.22 EPS for the quarter, missing analysts’ consensus estimates of $0.99 by ($0.77). The business had revenue of $1.19 billion for the quarter, compared to analyst estimates of $1.19 billion. Twilio had a negative net margin of 10.65% and a positive return on equity of 0.85%. Equities analysts anticipate that Twilio will post 0.88 EPS for the current year.

Insider Activity at Twilio

In related news, CEO Khozema Shipchandler sold 10,834 shares of the firm’s stock in a transaction that occurred on Monday, January 6th. The stock was sold at an average price of $113.58, for a total value of $1,230,525.72. Following the transaction, the chief executive officer now directly owns 244,971 shares of the company’s stock, valued at approximately $27,823,806.18. This trade represents a 4.24 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Aidan Viggiano sold 6,552 shares of the firm’s stock in a transaction that occurred on Monday, January 6th. The shares were sold at an average price of $113.55, for a total value of $743,979.60. Following the completion of the transaction, the chief financial officer now directly owns 153,910 shares in the company, valued at $17,476,480.50. The trade was a 4.08 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 22,015 shares of company stock valued at $2,483,695. Corporate insiders own 4.50% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in TWLO. True Wealth Design LLC increased its position in Twilio by 5,200.0% in the 3rd quarter. True Wealth Design LLC now owns 424 shares of the technology company’s stock worth $28,000 after buying an additional 416 shares during the period. JFS Wealth Advisors LLC increased its position in Twilio by 244.0% in the 4th quarter. JFS Wealth Advisors LLC now owns 375 shares of the technology company’s stock worth $41,000 after buying an additional 266 shares during the period. Parkside Financial Bank & Trust increased its position in Twilio by 79.4% in the 4th quarter. Parkside Financial Bank & Trust now owns 375 shares of the technology company’s stock worth $41,000 after buying an additional 166 shares during the period. Centricity Wealth Management LLC acquired a new stake in shares of Twilio during the 4th quarter worth approximately $44,000. Finally, Brooklyn Investment Group acquired a new stake in shares of Twilio during the 3rd quarter worth approximately $46,000. 84.27% of the stock is owned by institutional investors.

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.