Today’s big question for investors is, “what’s going on with Twilio Inc. (NYSE:TWLO) stock? Its price is jumping 3.2 points, trading at $134.28 levels, and is up 2.44% from its previous close of $131.08. The shares seem to have an active trading volume day with a reported 3367803 contracts so far this session. TWLO shares had a relatively better volume day versus average trading capacity of 4.06 million shares, but with a 0.11 billion float and a 1.16% run over a week, it’s definitely worth keeping an eye on. The one year price forecast for TWLO stock indicates that the average analyst price target is $146.59 per share. This means the stock has a potential increase of 9.17% from where the TWLO share price has been trading recently.
The most recent news story about the stock that appeared in Yahoo Finance‘s news section was titled “Tuesday’s ‘genuine rally’ a bullish sign, says Cramer” and dated May 14, 2019.
During the recent trading session for Twilio Inc. (NYSE:TWLO), the company witnessed their stock rise $3.12 over a week and surge $8.22 from the price 20 days ago. When compared to their established 52-week high of $142.2, the high they recorded in their recent session happens to be higher. Their established 52-week high was attained by the company on 05/01/19. The recent low of $51.82 stood for a -5.57% since 05/24/18, a data which is good for most investors who are looking to take advantage of the stock’s recent rise. A beta of 0 is also allocated to the stock. Since the beta is less than one, it implies that the stock is more volatile than the market, a data that traders are keeping close attention to.
Looking at the current readings for Twilio Inc., the two-week RSI stands at 54.97. This figure suggests that TWLO stock, for now, is neutral, meaning that the shares are stable in terms of price movement. The stochastic readings, on the other hand, based on the current TWLO readings is similarly very revealing as it has a stochastic reading of 36.61% at this stage. This figure means that TWLO share price today is being neutral.
Technical chart claims that Twilio Inc. (TWLO) would settle between $133.42/share to $135.75/share level. However, if the stock price goes below the $126.48 mark, then the market for Twilio Inc. becomes much weaker. If that happens, the stock price might even plunge as low as $121.88 for its downside target. The stock is currently in the red zone of MACD, with the indicator reading -1.42. Traders are always alerted for the move of a stock above or below the zero line due to the fact that the reading is an indicator of the position of the short-term average relative to the long-term average. If the MACD is above the zero line, then the short-term average relative is above that of the long-term average, thus implying an upward momentum. Vice versa is the case if the MACD is below the zero line.
Analysts at Monness Crespi & Hardt lifted target price for shares of TWLO but were stick to Buy recommendation for the stock in their opinion released on May 01. The price target has been raised from $150 to $175. BofA/Merrill analysts again handed out a Buy recommendation to Twilio Inc. (NYSE:TWLO) stock but they lifted target price for the shares in a flash note issued to investors on May 01. The target price has been raised from $140 to $160. Analysts at Morgan Stanley, made their first call for the equity with a Equal-Weight recommendation, according to a research note that dated back to March 15.
TWLO equity has an average rating of 1.67, with the figure leaning towards a bullish end. 24 analysts who tracked the company were contacted by Reuters. Amongst them, 3 rated the stock as a hold while the remaining 21 were split even though not equally. Some analysts rate the stock as a buy or a strong buy while no rated it as a sell. 21 analysts rated Twilio Inc. (NYSE:TWLO) as a buy or a strong buy while not a single analyst advised that investors should desist from purchasing the stock or sell them if they already own the company’s stock.
Moving on, TWLO stock price is currently trading at 456.72X forward 12-month Consensus EPS estimates, and its P/S ratio is 21.95 while for the average stock in the same group, the multiple is 8.01.
Twilio Inc. (TWLO)’s current-quarter revenues are projected to climb by nearly 78.4% to hit $263580, based on current Zacks Consensus Estimate. The firm’s full-year revenues are expected to expand by over 69.71% from $650070 to a noteworthy $1.1 billion. At the other end of the current quarter income statement, Twilio Inc. is expected to see its adjusted earnings surge by roughly -33.33% to hit $0.02 per share. For the fiscal year, TWLO’s earnings are projected to climb by roughly 0% to hit $0.11 per share.