Twitter (NYSE:TWTR) was upgraded by equities research analysts at Aegis from a “sell” rating to a “buy” rating in a report released on Tuesday, The Fly reports.

Other equities research analysts have also issued reports about the company. BidaskClub upgraded Twitter from a “hold” rating to a “buy” rating in a research report on Friday, October 6th. Vetr lowered Twitter from a “strong-buy” rating to a “buy” rating and set a $19.82 price target on the stock. in a research report on Wednesday, October 4th. Goldman Sachs Group set a $26.00 price target on Twitter and gave the company a “buy” rating in a research report on Friday, October 27th. Argus upgraded Twitter from a “hold” rating to a “buy” rating and lifted their price target for the company from $19.71 to $25.00 in a research report on Friday, November 3rd. Finally, Summit Redstone initiated coverage on Twitter in a report on Monday, December 18th. They issued a “buy” rating and a $26.00 target price on the stock. Ten investment analysts have rated the stock with a sell rating, twenty have assigned a hold rating and ten have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $19.13.

Shares of Twitter (TWTR) opened at $25.41 on Tuesday. The company has a debt-to-equity ratio of 0.35, a quick ratio of 10.40 and a current ratio of 10.40. Twitter has a 1 year low of $14.12 and a 1 year high of $25.85. The firm has a market capitalization of $18,870.00, a P/E ratio of -49.82, a P/E/G ratio of 11.08 and a beta of 1.11.

Twitter (NYSE:TWTR) last released its quarterly earnings results on Thursday, October 26th. The social networking company reported $0.10 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.07 by $0.03. Twitter had a negative return on equity of 1.21% and a negative net margin of 15.08%. The company had revenue of $590.00 million for the quarter, compared to analyst estimates of $586.22 million. During the same period in the previous year, the company posted $0.09 earnings per share. The firm’s revenue was down 4.2% on a year-over-year basis. research analysts predict that Twitter will post 0.02 EPS for the current fiscal year.

In other news, insider Robert Kaiden sold 1,186 shares of the firm’s stock in a transaction that occurred on Wednesday, January 3rd. The stock was sold at an average price of $24.44, for a total value of $28,985.84. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, General Counsel Vijaya Gadde sold 15,000 shares of the firm’s stock in a transaction that occurred on Wednesday, October 18th. The shares were sold at an average price of $18.19, for a total value of $272,850.00. The disclosure for this sale can be found here. Over the last three months, insiders have sold 5,335,712 shares of company stock valued at $113,614,151. 9.18% of the stock is owned by corporate insiders.

Large investors have recently bought and sold shares of the company. Schwab Charles Investment Management Inc. raised its holdings in shares of Twitter by 12.9% in the second quarter. Schwab Charles Investment Management Inc. now owns 999,683 shares of the social networking company’s stock worth $17,865,000 after buying an additional 114,156 shares during the period. Comerica Bank raised its holdings in shares of Twitter by 1.8% in the second quarter. Comerica Bank now owns 27,861 shares of the social networking company’s stock worth $557,000 after buying an additional 489 shares during the period. Federated Investors Inc. PA purchased a new stake in shares of Twitter in the second quarter worth approximately $174,000. Prudential Financial Inc. raised its holdings in shares of Twitter by 6.9% in the second quarter. Prudential Financial Inc. now owns 43,650 shares of the social networking company’s stock worth $780,000 after buying an additional 2,800 shares during the period. Finally, Principal Financial Group Inc. raised its holdings in shares of Twitter by 72.9% in the second quarter. Principal Financial Group Inc. now owns 73,460 shares of the social networking company’s stock worth $1,313,000 after buying an additional 30,980 shares during the period. 50.69% of the stock is owned by institutional investors and hedge funds.

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Twitter Company Profile

Twitter, Inc offers products and services for users, advertisers, developers and data partners. The Company’s products and services include Twitter, Periscope, Promoted Tweets, Promoted Accounts and Promoted Trends. Its Twitter is a platform for public self-expression and conversation in real time. Periscope broadcasts can also be viewed through Twitter and on desktop or mobile Web browser.

The Fly

Analyst Recommendations for Twitter (NYSE:TWTR)

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