Twilio (TWLO) Expected to Announce Earnings on Thursday

Twilio (NYSE:TWLO) is expected to be announcing its earnings results 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. Investors that are interested in registering for the company’s earnings conference call can do so using this link.

Twilio Stock Down 1.0 %

Twilio stock opened at $143.04 on Wednesday. The company has a debt-to-equity ratio of 0.12, a current ratio of 5.06 and a quick ratio of 5.06. Twilio has a fifty-two week low of $52.51 and a fifty-two week high of $151.95. The firm has a fifty day moving average price of $118.81 and a two-hundred day moving average price of $88.36. The firm has a market cap of $21.94 billion, a price-to-earnings ratio of -55.66, a P/E/G ratio of 3.60 and a beta of 1.43.

Analysts Set New Price Targets

Several analysts recently weighed in on the company. Robert W. Baird upgraded Twilio from a “neutral” rating to an “outperform” rating and increased their target price for the company from $115.00 to $160.00 in a research note on Friday, January 24th. Stifel Nicolaus increased their price objective on Twilio from $110.00 to $130.00 and gave the company a “hold” rating in a research report on Friday, January 24th. Tigress Financial boosted their target price on shares of Twilio from $85.00 to $135.00 and gave the stock a “buy” rating in a research report on Wednesday, November 27th. UBS Group increased their price target on shares of Twilio from $140.00 to $145.00 and gave the company a “buy” rating in a report on Friday, January 24th. Finally, Monness Crespi & Hardt upped their price objective on shares of Twilio from $135.00 to $152.00 and gave the company a “buy” rating in a research report on Monday, January 27th. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating, sixteen have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, Twilio currently has an average rating of “Moderate Buy” and an average price target of $119.25.

Insider Transactions at Twilio

In other news, insider Dana Wagner sold 4,629 shares of the stock in a transaction that occurred on Wednesday, December 4th. The shares were sold at an average price of $110.00, for a total transaction of $509,190.00. Following the sale, the insider now directly owns 125,576 shares of the company’s stock, valued at $13,813,360. This represents a 3.56 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Khozema Shipchandler sold 10,834 shares of the firm’s stock in a transaction that occurred on Monday, January 6th. The shares were sold at an average price of $113.58, for a total transaction of $1,230,525.72. Following the completion of the sale, the chief executive officer now directly owns 244,971 shares of the company’s stock, valued at approximately $27,823,806.18. This represents a 4.24 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 22,015 shares of company stock valued at $2,483,695. Corporate insiders own 4.50% of the company’s stock.

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.