Twilio Inc (NYSE:TWLO) has been assigned a consensus recommendation of “Buy” from the twenty-five ratings firms that are currently covering the stock, Marketbeat reports. Three investment analysts have rated the stock with a hold rating, nineteen have issued a buy rating and one has issued a strong buy rating on the company. The average 1-year price objective among analysts that have covered the stock in the last year is $139.36.

A number of equities research analysts have recently weighed in on TWLO shares. JPMorgan Chase & Co. dropped their target price on Whitbread from GBX 5,400 ($70.56) to GBX 5,100 ($66.64) and set an “overweight” rating for the company in a research report on Wednesday, May 1st. Monness Crespi & Hardt reaffirmed a “buy” rating and issued a $175.00 price objective (up from $150.00) on shares of Twilio in a research report on Wednesday, May 1st. Needham & Company LLC reaffirmed a “buy” rating and issued a $34.00 price objective (up from $32.00) on shares of Kornit Digital in a research report on Tuesday, June 18th. Piper Jaffray Companies raised their price objective on DexCom to $173.00 and gave the company an “overweight” rating in a research report on Wednesday, May 1st. Finally, FBN Securities started coverage on Twilio in a research report on Tuesday, April 9th. They issued an “outperform” rating and a $150.00 price objective for the company.

In other Twilio news, CEO Jeff Lawson sold 20,830 shares of the firm’s stock in a transaction on Thursday, April 18th. The stock was sold at an average price of $121.35, for a total transaction of $2,527,720.50. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, General Counsel Karyn Smith sold 24,491 shares of the firm’s stock in a transaction on Monday, May 20th. The stock was sold at an average price of $138.56, for a total value of $3,393,472.96. The disclosure for this sale can be found here. In the last quarter, insiders have sold 156,725 shares of company stock worth $21,212,641. 10.85% of the stock is owned by corporate insiders.

Institutional investors have recently bought and sold shares of the business. Nisa Investment Advisors LLC raised its position in shares of Twilio by 12.0% in the 2nd quarter. Nisa Investment Advisors LLC now owns 1,120 shares of the technology company’s stock worth $153,000 after acquiring an additional 120 shares in the last quarter. NN Investment Partners Holdings N.V. boosted its position in Twilio by 293.3% during the second quarter. NN Investment Partners Holdings N.V. now owns 48,004 shares of the technology company’s stock valued at $6,546,000 after buying an additional 35,798 shares during the period. Xact Kapitalforvaltning AB boosted its position in Twilio by 19.7% during the second quarter. Xact Kapitalforvaltning AB now owns 18,805 shares of the technology company’s stock valued at $2,565,000 after buying an additional 3,098 shares during the period. Exane Derivatives purchased a new stake in shares of Twilio during the second quarter worth about $128,000. Finally, First Command Bank purchased a new stake in shares of Twilio during the second quarter worth about $68,000. Hedge funds and other institutional investors own 73.04% of the company’s stock.

TWLO stock traded down $2.11 during trading on Friday, hitting $142.15. The company had a trading volume of 2,886,500 shares, compared to its average volume of 4,197,762. The firm’s fifty day moving average is $138.28. The company has a current ratio of 5.83, a quick ratio of 5.83 and a debt-to-equity ratio of 0.18. The stock has a market capitalization of $18.06 billion, a P/E ratio of -177.69 and a beta of 1.17. Twilio has a fifty-two week low of $55.58 and a fifty-two week high of $151.00.

Twilio (NYSE:TWLO) last announced its quarterly earnings results on Tuesday, April 30th. The technology company reported ($0.39) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.01 by ($0.40). The company had revenue of $233.00 million during the quarter, compared to analyst estimates of $223.45 million. Twilio had a negative net margin of 17.87% and a negative return on equity of 9.50%. Twilio’s quarterly revenue was up 80.5% compared to the same quarter last year. During the same period in the prior year, the firm earned ($0.04) EPS. As a group, analysts expect that Twilio will post -1.4 earnings per share for the current year.

About Twilio

Twilio Inc provides a cloud communications platform that enables developers to build, scale, and operate communications within software applications in the United States and internationally. The company's programmable communications cloud provides a set of application programming interfaces that enable developers to embed voice, messaging, and video capabilities into their applications.

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Analyst Recommendations for Twilio (NYSE:TWLO)

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