Media stories about Twilio (NYSE:TWLO) have been trending somewhat positive recently, according to Accern Sentiment Analysis. Accern rates the sentiment of press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Twilio earned a daily sentiment score of 0.16 on Accern’s scale. Accern also assigned media headlines about the technology company an impact score of 45.0830743572565 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Here are some of the news stories that may have impacted Accern Sentiment’s rankings:
Several research analysts have weighed in on TWLO shares. Northland Securities reiterated a “buy” rating and issued a $36.00 price target on shares of Twilio in a report on Friday, October 13th. BidaskClub upgraded Twilio from a “hold” rating to a “buy” rating in a report on Thursday, October 5th. Drexel Hamilton reiterated a “buy” rating and issued a $47.00 price target on shares of Twilio in a report on Friday, September 22nd. Robert W. Baird restated a “buy” rating and set a $39.00 price objective on shares of Twilio in a report on Wednesday, September 27th. Finally, Oppenheimer restated a “buy” rating and set a $38.00 price objective on shares of Twilio in a report on Monday, September 18th. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating, thirteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. Twilio presently has an average rating of “Buy” and an average target price of $36.78.
Shares of Twilio (TWLO) opened at $24.74 on Friday. Twilio has a twelve month low of $22.80 and a twelve month high of $35.15.
Twilio (NYSE:TWLO) last released its quarterly earnings data on Wednesday, November 8th. The technology company reported ($0.08) EPS for the quarter, topping analysts’ consensus estimates of ($0.20) by $0.12. Twilio had a negative return on equity of 17.55% and a negative net margin of 15.69%. The business had revenue of $100.54 million during the quarter, compared to the consensus estimate of $92.50 million. During the same period in the prior year, the firm posted ($0.04) EPS. The business’s revenue for the quarter was up 40.6% on a year-over-year basis. sell-side analysts anticipate that Twilio will post -0.75 EPS for the current year.
In related news, General Counsel Karyn Smith sold 5,213 shares of the company’s stock in a transaction on Monday, September 18th. The shares were sold at an average price of $31.23, for a total transaction of $162,801.99. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Lee Kirkpatrick sold 10,000 shares of the company’s stock in a transaction on Monday, October 16th. The stock was sold at an average price of $32.17, for a total transaction of $321,700.00. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 47,347 shares of company stock valued at $1,416,011. 25.03% of the stock is owned by corporate insiders.
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Twilio Inc offers Cloud Communications Platform, which enables developers to build, scale and operate real-time communications within software applications. The Company’s platform consists of Programmable Communications Cloud, Super Network and Business Model for Innovators. Its Programmable Communications Cloud software enables developers to embed voice, messaging, video and authentication capabilities into their applications through its Application Programming Interfaces (APIs).
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